Hantz Financial Services Inc. Has $5.35 Million Stock Position in Markel Group Inc. (NYSE:MKL)

Hantz Financial Services Inc. cut its holdings in Markel Group Inc. (NYSE:MKL) by 2.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,408 shares of the insurance provider’s stock after selling 89 shares during the quarter. Hantz Financial Services Inc.’s holdings in Markel Group were worth $5,346,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Gold Investment Management Ltd. lifted its stake in Markel Group by 0.6% in the third quarter. Gold Investment Management Ltd. now owns 1,219 shares of the insurance provider’s stock valued at $1,912,000 after buying an additional 7 shares during the period. Epic Trust Investment Advisors LLC lifted its stake in Markel Group by 4.6% in the second quarter. Epic Trust Investment Advisors LLC now owns 181 shares of the insurance provider’s stock valued at $285,000 after buying an additional 8 shares during the period. Freedom Day Solutions LLC lifted its stake in Markel Group by 0.5% in the third quarter. Freedom Day Solutions LLC now owns 1,483 shares of the insurance provider’s stock valued at $2,326,000 after buying an additional 8 shares during the period. Hunter Associates Investment Management LLC lifted its stake in Markel Group by 1.1% in the third quarter. Hunter Associates Investment Management LLC now owns 745 shares of the insurance provider’s stock valued at $1,170,000 after buying an additional 8 shares during the period. Finally, Financial Advocates Investment Management lifted its stake in Markel Group by 3.2% in the third quarter. Financial Advocates Investment Management now owns 259 shares of the insurance provider’s stock valued at $406,000 after buying an additional 8 shares during the period. 77.12% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. 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. Jefferies Financial Group upped their target price on Markel Group from $1,590.00 to $1,600.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Finally, StockNews.com lowered Markel Group from a “buy” rating to a “hold” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, Markel Group has a consensus rating of “Hold” and an average target price of $1,651.83.

Markel Group Trading Down 0.1 %

Shares of Markel Group stock opened at $1,782.92 on Friday. The stock has a fifty day simple moving average of $1,617.95 and a 200 day simple moving average of $1,591.69. Markel Group Inc. has a 12-month low of $1,342.66 and a 12-month high of $1,809.11. The company has a market capitalization of $22.93 billion, a P/E ratio of 8.22 and a beta of 0.73. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.26.

Markel Group (NYSE:MKL) last announced its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $17.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $21.97 by ($4.63). Markel Group had a return on equity of 10.86% and a net margin of 17.03%. The company had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.74 billion. On average, sell-side analysts anticipate that Markel Group Inc. will post 88.52 earnings per share for the current fiscal year.

Markel Group 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.