Fort Washington Investment Advisors Inc. OH Has $132.79 Million Stake in Markel Group Inc. (NYSE:MKL)

Fort Washington Investment Advisors Inc. OH decreased its stake in Markel Group Inc. (NYSE:MKL) by 0.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 76,922 shares of the insurance provider’s stock after selling 633 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 0.60% of Markel Group worth $132,785,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of MKL. SpiderRock Advisors LLC lifted its stake in Markel Group by 199.4% in the 3rd quarter. SpiderRock Advisors LLC now owns 473 shares of the insurance provider’s stock valued at $742,000 after purchasing an additional 315 shares during the last quarter. Versor Investments LP grew its holdings in shares of Markel Group by 72.4% during the 3rd quarter. Versor Investments LP now owns 381 shares of the insurance provider’s stock worth $598,000 after purchasing an additional 160 shares in the last quarter. Fiduciary Alliance LLC increased its holdings in Markel Group by 25.2% in the 4th quarter. Fiduciary Alliance LLC now owns 1,881 shares of the insurance provider’s stock valued at $3,247,000 after buying an additional 379 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Markel Group during the 2nd quarter worth approximately $2,803,000. Finally, Franklin Resources Inc. lifted its position in shares of Markel Group by 10.4% during the 3rd quarter. Franklin Resources Inc. now owns 5,571 shares of the insurance provider’s stock worth $8,736,000 after buying an additional 527 shares during the last quarter. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Jefferies Financial Group increased their price target on Markel Group from $1,590.00 to $1,600.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. TD Cowen lowered shares of Markel Group from a “buy” rating to a “hold” rating and reduced their price objective for the company from $1,986.00 to $1,836.00 in a research note on Monday, December 2nd. StockNews.com raised Markel Group from a “hold” rating to a “buy” rating in a research note on Monday, December 30th. Finally, Royal Bank of Canada cut their price objective on shares of Markel Group from $1,700.00 to $1,675.00 and set a “sector perform” rating on the stock in a research report on Friday, November 1st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $1,626.83.

Markel Group Price Performance

MKL stock opened at $1,788.87 on Wednesday. The firm has a market cap of $23.00 billion, a P/E ratio of 8.25 and a beta of 0.78. Markel Group Inc. has a 52 week low of $1,342.66 and a 52 week high of $1,811.81. The firm’s fifty day moving average is $1,730.43 and its 200 day moving average is $1,626.19. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.60 and a current ratio of 0.60.

Markel Group (NYSE:MKL) last announced its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $17.34 EPS for the quarter, missing the consensus estimate of $21.97 by ($4.63). The firm had revenue of $3.69 billion for the quarter, compared to analysts’ expectations of $3.74 billion. Markel Group had a net margin of 17.03% and a return on equity of 10.86%. Research analysts predict that Markel Group Inc. will post 86.92 earnings per share for the current year.

About Markel Group

Markel Group Inc, a diverse holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, and Germany. The company offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind.