Janus Henderson Group PLC Cuts Position in Markel Group Inc. $MKL

Janus Henderson Group PLC decreased its stake in Markel Group Inc. (NYSE:MKL) by 23.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,417 shares of the insurance provider’s stock after selling 3,486 shares during the period. Janus Henderson Group PLC’s holdings in Markel Group were worth $21,831,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Diversify Advisory Services LLC lifted its stake in Markel Group by 4.5% in the 4th quarter. Diversify Advisory Services LLC now owns 116 shares of the insurance provider’s stock valued at $239,000 after buying an additional 5 shares in the last quarter. Keybank National Association OH boosted its stake in Markel Group by 0.7% in the 4th quarter. Keybank National Association OH now owns 765 shares of the insurance provider’s stock worth $1,644,000 after buying an additional 5 shares during the last quarter. Wellington Shields & Co. LLC boosted its position in shares of Markel Group by 3.2% in the fourth quarter. Wellington Shields & Co. LLC now owns 160 shares of the insurance provider’s stock worth $344,000 after acquiring an additional 5 shares during the last quarter. Root Financial Partners LLC boosted its holdings in shares of Markel Group by 13.9% in the 4th quarter. Root Financial Partners LLC now owns 41 shares of the insurance provider’s stock valued at $88,000 after purchasing an additional 5 shares during the last quarter. Finally, Moneta Group Investment Advisors LLC boosted its holdings in Markel Group by 4.4% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 118 shares of the insurance provider’s stock valued at $254,000 after acquiring an additional 5 shares during the last quarter. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Analyst Upgrades and Downgrades

MKL has been the subject of several research reports. Truist Financial decreased their price objective on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a research note on Thursday, April 30th. Wolfe Research started coverage on Markel Group in a research note on Wednesday, July 1st. They set an “underperform” rating for the company. Weiss Ratings downgraded shares of Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Finally, Wall Street Zen upgraded Markel Group from a “sell” rating to a “hold” rating in a report on Saturday. Five analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $2,025.00.

Insider Transactions at Markel Group

In other news, Director Greta J. Harris sold 76 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $1,847.31, for a total transaction of $140,395.56. Following the sale, the director directly owned 645 shares of the company’s stock, valued at $1,191,514.95. The trade was a 10.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Diane Leopold bought 100 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was purchased at an average price of $1,792.61 per share, with a total value of $179,261.00. Following the completion of the acquisition, the director owned 2,190 shares of the company’s stock, valued at approximately $3,925,815.90. This trade represents a 4.78% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.08% of the stock is owned by insiders.

Markel Group Stock Down 0.3%

MKL stock opened at $1,876.99 on Tuesday. The company has a market capitalization of $23.26 billion, a price-to-earnings ratio of 10.32 and a beta of 0.66. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.23. Markel Group Inc. has a 52 week low of $1,719.41 and a 52 week high of $2,207.59. The firm’s 50-day moving average is $1,902.48 and its two-hundred day moving average is $1,941.43.

About Markel Group

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.