270 Shares of Markel Group Inc. $MKL Bought by NBT Bank N.A.

NBT Bank N.A. purchased a new position in Markel Group Inc. (NYSE:MKL) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 270 shares of the insurance provider’s stock, valued at approximately $462,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CHICAGO TRUST Co NA increased its holdings in shares of Markel Group by 5.6% during the 1st quarter. CHICAGO TRUST Co NA now owns 113 shares of the insurance provider’s stock valued at $216,000 after acquiring an additional 6 shares during the last quarter. Heartwood Wealth Advisors LLC raised its stake in shares of Markel Group by 2.7% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 226 shares of the insurance provider’s stock valued at $387,000 after acquiring an additional 6 shares in the last quarter. Valeo Financial Advisors LLC lifted its holdings in Markel Group by 6.6% in the 3rd quarter. Valeo Financial Advisors LLC now owns 130 shares of the insurance provider’s stock worth $223,000 after purchasing an additional 8 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in Markel Group by 6.9% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 124 shares of the insurance provider’s stock worth $212,000 after purchasing an additional 8 shares during the last quarter. Finally, iA Global Asset Management Inc. lifted its holdings in Markel Group by 3.6% in the 1st quarter. iA Global Asset Management Inc. now owns 286 shares of the insurance provider’s stock worth $547,000 after purchasing an additional 10 shares during the last quarter. Institutional investors and hedge funds own 77.12% of the company’s stock.

Analysts Set New Price Targets

MKL has been the subject of a number of recent analyst reports. Wolfe Research started coverage on Markel Group in a research report on Wednesday, July 1st. They set an “underperform” rating for the company. Wall Street Zen raised shares of Markel Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Finally, Weiss Ratings upgraded shares of Markel Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Markel Group currently has an average rating of “Hold” and an average price target of $2,025.00.

Markel Group Stock Down 1.8%

MKL stock opened at $1,871.18 on Friday. The stock has a market capitalization of $23.18 billion, a price-to-earnings ratio of 10.29 and a beta of 0.64. The company has a 50-day moving average of $1,792.68 and a two-hundred day moving average of $1,856.91. Markel Group Inc. has a 52-week low of $1,704.17 and a 52-week high of $2,207.59. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.63 and a quick ratio of 0.63.

Markel Group Company Profile

Markel Group Inc (NYSE: MKL) is a diversified holding company focused on specialty insurance, reinsurance, investments and industrial businesses. Through its insurance operations, the company provides coverage for risks that may be complex, specialized or underserved by standard insurance markets.

Markel’s insurance offerings include property and casualty coverage, professional liability, marine and energy insurance, workers’ compensation, and other specialty products. Its reinsurance business assumes portions of risk from other insurers.