PNC Financial Services Group Inc. grew its holdings in shares of Markel Group Inc. ( NYSE:MKL – Free Report ) by 1.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,161 shares of the insurance provider’s stock after purchasing an additional 67 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Markel Group were worth $9,664,000 at the end of the most recent quarter. Several other hedge funds have also made changes to their positions in MKL. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in Markel Group during the third quarter worth about $551,000. Pathstone Holdings LLC boosted its position in shares of Markel Group by 2.5% in the third quarter. Pathstone Holdings LLC now owns 2,550 shares of the insurance provider’s stock worth $4,000,000 after acquiring an additional 63 shares during the last quarter. Quest Partners LLC grew its holdings in Markel Group by 66.2% in the third quarter. Quest Partners LLC now owns 2,373 shares of the insurance provider’s stock valued at $3,722,000 after purchasing an additional 945 shares during the period. Atlanta Consulting Group Advisors LLC grew its holdings in Markel Group by 1.8% in the third quarter. Atlanta Consulting Group Advisors LLC now owns 568 shares of the insurance provider’s stock valued at $891,000 after purchasing an additional 10 shares during the period. Finally, Sather Financial Group Inc increased its position in Markel Group by 0.6% during the third quarter. Sather Financial Group Inc now owns 28,466 shares of the insurance provider’s stock worth $44,651,000 after purchasing an additional 173 shares during the last quarter. Institutional investors and hedge funds own 77.12% of the company’s stock. Markel Group Price Performance MKL stock opened at $1,750.00 on Friday. The firm has a market cap of $22.51 billion, a P/E ratio of 7.93 and a beta of 0.73. 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 Inc. has a 1 year low of $1,342.66 and a 1 year high of $1,751.35. The stock has a 50-day simple moving average of $1,593.75 and a 200-day simple moving average of $1,585.49. Wall Street Analyst Weigh In Several analysts have recently issued reports on MKL shares. StockNews.com cut shares of Markel Group from a “buy” rating to a “hold” rating in a research note on Friday, November 15th. Royal Bank of Canada dropped their price target on Markel Group from $1,700.00 to $1,675.00 and set a “sector perform” rating for the company in a research note on Friday, November 1st. Finally, Jefferies Financial Group lifted their price objective 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. One investment 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 MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $1,651.83. View Our Latest Analysis on MKL Markel Group Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding MKL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Markel Group Inc. ( NYSE:MKL – Free Report ). Receive News & Ratings for Markel Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Markel Group and related companies with MarketBeat.com's FREE daily email newsletter .From earbuds to e-books: the best tech gifts for holidays 2024Maharashtra election results: First in 3 decades, BVA loses all 3 seats in Vasai bastion
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NoneIndiana’s next governor has big plans for the executive office, as shared with the Indiana Capital Chronicle on Thursday, a proposal that would trim the his cabinet to include eight policy secretaries aligned with core governing areas. Governor-elect Mike Braun’s new cabinet will seek to model “efficiency, accountability and communication in state government,” according to the release. Cabinet members will include Braun, incoming Lt. Gov. Micah Beckwith, Braun’s chief of staff, the superintendent of state police, the adjutant general of the Indiana National Guard and secretaries over eight policy areas or “verticals.” Secretaries could also serve as agency heads, meaning not every role will need to be filled by a new hire, but each will be “empower(ed) ... to drive progress within their vertical.” Related agencies will be grouped together into their policy areas, which include topics such as commerce, education, and health and family services. Earlier this month, Braun tapped his transition team and announced he would have 12 councils evaluating key areas. “This new cabinet model will allow us to be laser-focused on delivering results for Hoosiers,” Braun said in the release. “By aligning agencies and reorganizing the executive branch, we can drive accountability for leaders and agencies, promote better coordination and communication between our administration and the Indiana General Assembly, and create efficiency across state government.” Cabinet positions will include: • A Secretary of Management and Budget will be responsible for developing a budget aligned with the governor’s vision and serving as operational oversight for other secretaries. • Eighteen agencies and departments will report to this person, including the Inspector General, the Public Retirement System and the State Budget Agency. • A Secretary of Commerce will oversee the state’s economic development plan. • Eight agencies and departments will report to this person, including the Indiana Economic Development Corp. the Department of Workforce Development, the Hoosier Lottery and the Indiana Housing and Community Development Authority. • A Secretary of Health and Family Services will coordinate “constituent-facing health and well-being services” and oversee public health programs. The four reporting agencies include the Department of Health, the Family and Social Services Administration, the Department of Child Services and the Department of Veteran Affairs. A Secretary of Public Safety will oversee law enforcement, emergency preparedness and public safety. Eight agencies and departments will report to this role, including the Department of Correction, Homeland Security and the Office of School Safety. A Secretary of Energy and Natural Resources will be responsible for energy and recreation policy as well as “sustainable economic development.” Seven agencies and departments will report to this role, including the Department of Natural Resources, the Department of Environmental Management and the Utility Regulatory Commission. A Secretary of Education will oversee programming from pre-K to college. The seven reporting agencies and departments include the Department of Education, the Commission for Higher Education and the Charter School Board. A Secretary of Transportation and Infrastructure, which also includes oversight of broadband and other quality of life measures. Four agencies will report to this role, including the Department of Transportation, the Northwest IN Regional Development Authority, the Bureau of Motor Vehicles and the Broadband Office. A Secretary of Business Affairs who will manage Indiana’s regulatory framework to ensure “businesses and industries operate safely, ethically and efficiently.” Eleven agencies and departments will report to this position, including the Department of Insurance, the Department of Labor, the Professional Licensing Agency and the Gaming Commission. Both the Indiana State Department of Agriculture and the Office of Community and Rural Affairs will continue to be led by the lieutenant governor, as outlined by statute. Braun’s chief of staff will set the agenda for the cabinet, which will meet “frequently.” Gov. Eric Holcomb’s Cabinet, in contrast, has more traditionally included major agency heads rather than policy-aligned “verticals.” A two-year-old post on the state’s website includes more than two dozen agencies, keeping departments like the Family and Social Services Administration separate from the Department of Health, for example.Hyderabad: Brothel disguised as spa busted in Banjara Hills
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By MICHAEL R. SISAK NEW YORK (AP) — Lawyers for Sean “Diddy” Combs tried for a third time Friday to persuade a judge to let him leave jail while he awaits his sex trafficking trial, but a decision won’t come until next week. Judge Arun Subramanian said at a hearing that he will release his decision on Combs’ latest request for bail after Combs’ lawyers and federal prosecutors file letters addressing outstanding issues. Those letters are due at noon on Monday, Subramanian said. Combs’ lawyers pitched having him await trial under around-the-clock surveillance either his mansion on an island near Miami Beach or — after the judge scoffed at that location — an apartment on Manhattan’s Upper East Side. Their plan essentially amounts to putting Combs on house arrest, with strict limits on who he has contact with. But prosecutors argue that Combs has routinely flouted jail rules and can’t be trusted not to interfere with witnesses or the judicial process. “The argument that he’s a lawless person who doesn’t follow instructions isn’t factually accurate,” Combs lawyer Anthony Ricco argued. “The idea that he’s an out-of-control individual who has to be detained isn’t factually accurate.” Combs, 55, has pleaded not guilty to charges that he coerced and abused women for years with help from a network of associates and employees while silencing victims through blackmail and violence, including kidnapping, arson and physical beatings. His trial is slated to begin May 5. The Bad Boy Records founder remains locked up at a Brooklyn federal jail, where he spent his Nov. 4 birthday. Two other judges previously concluded that Combs would be a danger to the community if he is released and an appeals court judge last month denied Combs’ immediate release while a three-judge panel of the 2nd U.S. Circuit Court of Appeals weighs his bail request. Friday’s hearing was the second time Combs was in court this week. On Tuesday, a judge blocked prosecutors from using as evidence papers that were seized from his cell during jail-wide sweep for contraband and weapons at the Metropolitan Detention Center in Brooklyn. Related Articles As he entered through a side door, Combs waved to relatives including his mother and several of his children in the courtroom gallery, tapping his hand to his heart and blowing kisses at them. He then hugged his lead attorney, Marc Agnifilo, before taking a seat at the defense table. He was not handcuffed or shackled and wore a beige jail uniform, occasionally pulling a pair of reading glasses from his pocket as he peered at papers in front of him. Prosecutors maintain that no bail conditions will mitigate the “risk of obstruction and dangerousness to others” of releasing Combs from jail. Prosecutors contend that while locked up the “I’ll Be Missing You” artist has orchestrated social media campaigns aimed at tainting the jury pool. They allege that he has also attempted to publicly leak materials he thinks would be helpful to his case and is contacting potential witnesses via third parties. “Simply put, the defendant cannot be trusted,” Assistant U.S. Attorney Christy Slavik argued. Combs’ lawyer Teny Geragos countered that, given the strict release conditions proposed, “it would be impossible for him not to follow rules.”Bills defense out to prove against high-scoring Lions that it's better than its dud vs. Rams