Markel Co. (MKL) Shares Bought by Check Capital Management Inc. CA

Check Capital Management Inc. CA raised its holdings in Markel Co. (NYSE:MKL) by 5.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 640 shares of the insurance provider’s stock after acquiring an additional 32 shares during the quarter. Check Capital Management Inc. CA’s holdings in Markel were worth $664,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. Alpha Omega Wealth Management LLC grew its position in Markel by 2.0% in the 4th quarter. Alpha Omega Wealth Management LLC now owns 511 shares of the insurance provider’s stock valued at $530,000 after acquiring an additional 10 shares during the last quarter. Security Asset Management grew its position in Markel by 0.5% in the 4th quarter. Security Asset Management now owns 1,897 shares of the insurance provider’s stock valued at $1,969,000 after acquiring an additional 10 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its position in Markel by 17.6% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 100 shares of the insurance provider’s stock valued at $104,000 after acquiring an additional 15 shares during the last quarter. Parallel Advisors LLC grew its position in Markel by 31.3% in the 4th quarter. Parallel Advisors LLC now owns 63 shares of the insurance provider’s stock valued at $65,000 after acquiring an additional 15 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its position in Markel by 4.4% in the 4th quarter. Daiwa Securities Group Inc. now owns 470 shares of the insurance provider’s stock valued at $488,000 after acquiring an additional 20 shares during the last quarter. 75.51% of the stock is currently owned by institutional investors.

Shares of MKL stock opened at $1,009.80 on Tuesday. Markel Co. has a twelve month low of $954.39 and a twelve month high of $1,228.32. The firm has a market capitalization of $14.02 billion, a price-to-earnings ratio of 49.19 and a beta of 0.90. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.59 and a quick ratio of 0.59.

Several equities analysts have commented on MKL shares. Zacks Investment Research raised Markel from a “hold” rating to a “buy” rating and set a $1,163.00 price objective on the stock in a research report on Wednesday, January 2nd. Boenning Scattergood set a $1,300.00 price objective on Markel and gave the company a “buy” rating in a research report on Wednesday, October 31st. TheStreet cut Markel from a “b” rating to a “c” rating in a report on Wednesday, February 6th. Finally, ValuEngine cut Markel from a “buy” rating to a “hold” rating in a report on Monday, October 22nd. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Markel has an average rating of “Hold” and a consensus price target of $1,231.50.

In other Markel news, Vice Chairman Steven A. Markel sold 100 shares of the company’s stock in a transaction on Monday, December 10th. The stock was sold at an average price of $1,045.62, for a total value of $104,562.00. Following the completion of the sale, the insider now directly owns 102,515 shares in the company, valued at approximately $107,191,734.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Alan I. Kirshner sold 200 shares of the company’s stock in a transaction on Wednesday, January 2nd. The stock was sold at an average price of $1,020.82, for a total value of $204,164.00. The disclosure for this sale can be found here. Insiders sold a total of 1,200 shares of company stock valued at $1,238,956 over the last quarter. Company insiders own 2.46% of the company’s stock.

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Markel Company Profile

Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, the United Kingdom, Canada, and internationally. It operates through three segments: U.S. Insurance, International Insurance, and Reinsurance. The U.S. Insurance segment offers general and professional liability, property, personal line, program, and workers' compensation insurance products, as well as other insurance product lines, such as ocean marine, surety, CPI, and coverages.

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Institutional Ownership by Quarter for Markel (NYSE:MKL)

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