Markel Group
About: Markel's primary business is property and casualty insurance. The company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.
Employees: 21,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
140% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 48
9% more funds holding
Funds holding: 732 [Q1] → 799 (+67) [Q2]
3% more funds holding in top 10
Funds holding in top 10: 32 [Q1] → 33 (+1) [Q2]
1% less capital invested
Capital invested by funds: $15.9B [Q1] → $15.7B (-$221M) [Q2]
3.89% less ownership
Funds ownership: 80.69% [Q1] → 76.8% (-3.89%) [Q2]
16% less repeat investments, than reductions
Existing positions increased: 233 | Existing positions reduced: 276
62% less call options, than puts
Call options by funds: $25.2M | Put options by funds: $67M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Jefferies Andrew Andersen 100% 1-year accuracy 2 / 2 met price target | 1%upside $1,600 | Hold Maintained | 9 Oct 2024 |
Citigroup Charlie Lederer 33% 1-year accuracy 1 / 3 met price target | 8%downside $1,450 | Sell Maintained | 23 Jul 2024 |
Financial journalist opinion
Based on 10 articles about MKL published over the past 30 days