MKL stock icon

Markel Group
MKL

$1,620.22
0.61%

Market Cap: 21.1B

 

About: Markel's primary business is property and casualty insurance, and 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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
0
News positive %
of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

11% more repeat investments, than reductions

Existing positions increased: 260 | Existing positions reduced: 234

6% more capital invested

Capital invested by funds: $14.3B [Q4 2023] → $15.1B (+$853M) [Q1 2024]

3% more funds holding in top 10

Funds holding in top 10: 31 [Q4 2023] → 32 (+1) [Q1 2024]

1% more funds holding

Funds holding: 714 [Q4 2023] → 722 (+8) [Q1 2024]

10% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 83

0.39% less ownership

Funds ownership: 77.05% [Q4 2023] → 76.65% (-0.39%) [Q1 2024]

21% less call options, than puts

Call options by funds: $53.1M | Put options by funds: $67.1M

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$1,475
9%
downside
Avg. target
$1,647
2%
upside
High target
$1,986
23%
upside

4 analyst ratings

positive
25%
neutral
75%
negative
0%
TD Cowen
Andrew Kligerman
23%upside
$1986
Buy
Initiated
9 Jul 2024
RBC Capital
Scott Heleniak
0%upside
$1625
Sector Perform
Maintained
3 May 2024
Jefferies
Andrew Andersen
7%downside
$1500
Hold
Downgraded
5 Feb 2024
RBC Capital
Scott Heleniak
9%downside
$1475
Sector Perform
Reiterated
2 Feb 2024

Financial journalist opinion

Based on 7 articles about MKL published over the past 30 days