Verdence Capital Advisors LLC boosted its stake in shares of Markel Group Inc. (NYSE:MKL – Free Report) by 5.7% within the third quarter, in keeping with the corporate in its most up-to-date disclosure with the SEC. The agency owned 594 shares of the insurance coverage supplier’s inventory after shopping for an extra 32 shares through the quarter. Verdence Capital Advisors LLC’s holdings in Markel Group have been price $932,000 as of its most up-to-date SEC submitting.
A lot of different giant traders have additionally added to or diminished their stakes within the inventory. Toth Monetary Advisory Corp lifted its place in shares of Markel Group by 1,000.0% through the third quarter. Toth Monetary Advisory Corp now owns 22 shares of the insurance coverage supplier’s inventory valued at $35,000 after shopping for an extra 20 shares over the past quarter. UMB Financial institution n.a. boosted its holdings in Markel Group by 833.3% within the third quarter. UMB Financial institution n.a. now owns 28 shares of the insurance coverage supplier’s inventory price $44,000 after shopping for an extra 25 shares through the interval. Point72 Asia Singapore Pte. Ltd. bought a brand new place in Markel Group within the 2nd quarter valued at roughly $45,000. Thurston Springer Miller Herd & Titak Inc. purchased a brand new stake in Markel Group through the 2nd quarter valued at $55,000. Lastly, Cubist Systematic Methods LLC bought a brand new stake in shares of Markel Group through the second quarter price $65,000. Hedge funds and different institutional traders personal 77.12% of the corporate’s inventory.
Markel Group Inventory Efficiency
NYSE:MKL opened at $1,650.74 on Monday. Markel Group Inc. has a twelve month low of $1,325.00 and a twelve month excessive of $1,675.51. The corporate has a fast ratio of 0.60, a present ratio of 0.60 and a debt-to-equity ratio of 0.26. The inventory has a market cap of $21.23 billion, a P/E ratio of seven.61 and a beta of 0.73. The enterprise’s 50-day transferring common worth is $1,569.99 and its two-hundred day transferring common worth is $1,573.63.
Markel Group (NYSE:MKL – Get Free Report) final introduced its earnings outcomes on Wednesday, October thirtieth. The insurance coverage supplier reported $17.34 earnings per share for the quarter, lacking analysts’ consensus estimates of $21.97 by ($4.63). Markel Group had a web margin of 17.03% and a return on fairness of 10.86%. The corporate had income of $3.69 billion through the quarter, in comparison with analysts’ expectations of $3.74 billion. As a bunch, equities analysts predict that Markel Group Inc. will publish 89.27 EPS for the present fiscal yr.
Analyst Scores Modifications
MKL has been the topic of a number of current analysis studies. Citigroup lifted their worth goal on Markel Group from $1,435.00 to $1,450.00 and gave the corporate a “promote” ranking in a analysis report on Tuesday, July twenty third. Royal Financial institution of Canada decreased their worth goal on Markel Group from $1,700.00 to $1,675.00 and set a “sector carry out” ranking on the inventory in a analysis report on Friday, November 1st. Jefferies Monetary Group elevated their worth goal on shares of Markel Group from $1,590.00 to $1,600.00 and gave the inventory a “maintain” ranking in a report on Wednesday, October ninth. Lastly, StockNews.com raised shares of Markel Group from a “maintain” ranking to a “purchase” ranking in a analysis be aware on Monday, November 4th. One funding analyst has rated the inventory with a promote ranking, 4 have given a maintain ranking and two have assigned a purchase ranking to the inventory. In accordance with information from MarketBeat, the inventory at the moment has a consensus ranking of “Maintain” and a median worth goal of $1,651.83.
Learn Our Newest Report on MKL
Markel Group Profile
Markel Group Inc, a various holding firm, engages in advertising and marketing and underwriting specialty insurance coverage merchandise in the US, Bermuda, the UK, and Germany. The corporate affords normal {and professional} legal responsibility, private strains, marine and power, specialty applications, and staff’ compensation insurance coverage merchandise; and property coverages that embrace fireplace, allied strains, and different specialised property coverages, together with catastrophe-exposed property dangers, comparable to earthquake and wind.
See Additionally
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