Fort Washington Investment Advisors Inc. OH Sells 292 Shares of Markel Group Inc. $MKL

Fort Washington Investment Advisors Inc. OH reduced its stake in Markel Group Inc. (NYSE:MKL) by 0.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 79,713 shares of the insurance provider’s stock after selling 292 shares during the quarter. Markel Group makes up 0.9% of Fort Washington Investment Advisors Inc. OH’s investment portfolio, making the stock its 24th largest holding. Fort Washington Investment Advisors Inc. OH owned approximately 0.63% of Markel Group worth $171,355,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of MKL. Measured Wealth Private Client Group LLC acquired a new position in Markel Group during the 3rd quarter worth $29,000. GoalVest Advisory LLC acquired a new stake in shares of Markel Group in the third quarter valued at about $38,000. Kelleher Financial Advisors bought a new position in shares of Markel Group in the third quarter worth about $38,000. Hemington Wealth Management increased its stake in shares of Markel Group by 35.3% in the third quarter. Hemington Wealth Management now owns 23 shares of the insurance provider’s stock worth $43,000 after purchasing an additional 6 shares during the period. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its position in shares of Markel Group by 53.3% during the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 23 shares of the insurance provider’s stock worth $44,000 after purchasing an additional 8 shares during the last quarter. 77.12% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Zacks Research downgraded Markel Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Markel Group in a research report on Monday, December 29th. Truist Financial upped their price target on Markel Group from $2,000.00 to $2,100.00 and gave the stock a “hold” rating in a report on Friday, February 6th. Brean Capital started coverage on Markel Group in a research report on Tuesday. They issued a “neutral” rating and a $2,100.00 price objective for the company. Finally, Wall Street Zen upgraded shares of Markel Group from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $2,100.00.

Insider Buying and Selling at Markel Group

In other news, CEO Simon Wilson sold 100 shares of Markel Group stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $2,079.48, for a total transaction of $207,948.00. Following the sale, the chief executive officer owned 2,397 shares of the company’s stock, valued at approximately $4,984,513.56. This trade represents a 4.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.66% of the company’s stock.

Markel Group Stock Up 0.2%

NYSE MKL opened at $1,896.76 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a 50-day simple moving average of $2,019.06 and a 200 day simple moving average of $2,020.99. Markel Group Inc. has a twelve month low of $1,621.89 and a twelve month high of $2,207.59. The stock has a market cap of $23.86 billion, a PE ratio of 11.17 and a beta of 0.77.

Markel Group Profile

Markel Group (NYSE: MKL) is a diversified insurance holding company best known for underwriting specialty insurance products. Founded in 1930 and headquartered in Richmond, Virginia, the company provides a wide range of commercial property and casualty coverages tailored to niche and hard-to-place risks. Its underwriting operations focus on specialty lines across multiple industries, delivering customized policy structures, program administration, and claims management services for complex exposures.

In addition to primary specialty insurance, Markel operates reinsurance and alternative risk-transfer activities and manages invested assets derived from underwriting float.