Markel Group Inc. (NYSE:MKL) is Regency Capital Management Inc. DE’s 3rd Largest Position

Regency Capital Management Inc. DE lifted its holdings in shares of Markel Group Inc. (NYSE:MKL) by 4.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,947 shares of the insurance provider’s stock after acquiring an additional 324 shares during the quarter. Markel Group accounts for about 6.5% of Regency Capital Management Inc. DE’s investment portfolio, making the stock its 3rd biggest position. Regency Capital Management Inc. DE owned approximately 0.05% of Markel Group worth $11,992,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of MKL. Brooklyn Investment Group bought a new stake in Markel Group during the third quarter valued at $31,000. Toth Financial Advisory Corp grew its position in shares of Markel Group by 1,000.0% during the 3rd quarter. Toth Financial Advisory Corp now owns 22 shares of the insurance provider’s stock valued at $35,000 after buying an additional 20 shares during the last quarter. Larson Financial Group LLC acquired a new stake in Markel Group during the third quarter worth about $36,000. Global Trust Asset Management LLC bought a new position in Markel Group in the fourth quarter worth about $41,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in Markel Group in the third quarter valued at approximately $42,000. Institutional investors and hedge funds own 77.12% of the company’s stock.

Markel Group Stock Performance

Shares of MKL opened at $1,810.98 on Friday. The company has a 50-day moving average of $1,740.16 and a two-hundred day moving average of $1,632.86. The stock has a market cap of $23.29 billion, a price-to-earnings ratio of 8.35 and a beta of 0.78. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.60 and a quick ratio of 0.60. Markel Group Inc. has a one year low of $1,342.66 and a one year high of $1,817.81.

Markel Group (NYSE:MKL) last posted its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $17.34 earnings per share 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 return on equity of 10.86% and a net margin of 17.03%. On average, equities research analysts expect that Markel Group Inc. will post 86.92 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on MKL. Jefferies Financial Group boosted their price objective on Markel Group from $1,590.00 to $1,600.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Royal Bank of Canada lowered their target price on 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. StockNews.com upgraded Markel Group from a “hold” rating to a “buy” rating in a research report on Monday, December 30th. Finally, TD Cowen lowered Markel Group from a “buy” rating to a “hold” rating and lowered their price target for the company from $1,986.00 to $1,836.00 in a report on Monday, December 2nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $1,626.83.

Markel Group Company Profile

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.