Markel Corporation (NYSE:MKL) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday, July 5th.

A number of other analysts also recently issued reports on MKL. Zacks Investment Research downgraded Markel Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, April 25th. ValuEngine upgraded Markel Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Markel Corporation has an average rating of “Hold” and a consensus price target of $1,000.00.

Markel Corporation (NYSE:MKL) traded down 0.53% during midday trading on Wednesday, hitting $973.45. The stock had a trading volume of 19,540 shares. Markel Corporation has a 1-year low of $811.05 and a 1-year high of $1,005.62. The firm has a 50-day moving average price of $970.62 and a 200-day moving average price of $951.64. The firm has a market capitalization of $13.57 billion, a price-to-earnings ratio of 40.53 and a beta of 1.01.

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Several institutional investors have recently made changes to their positions in MKL. FTB Advisors Inc. acquired a new stake in Markel Corporation during the first quarter valued at about $104,000. West Oak Capital LLC raised its stake in Markel Corporation by 13.0% in the first quarter. West Oak Capital LLC now owns 130 shares of the insurance provider’s stock valued at $127,000 after buying an additional 15 shares in the last quarter. IFP Advisors Inc raised its stake in Markel Corporation by 6.2% in the first quarter. IFP Advisors Inc now owns 137 shares of the insurance provider’s stock valued at $134,000 after buying an additional 8 shares in the last quarter. Cowen Prime Services LLC acquired a new stake in Markel Corporation during the first quarter valued at about $146,000. Finally, Toronto Dominion Bank raised its stake in Markel Corporation by 27.3% in the first quarter. Toronto Dominion Bank now owns 154 shares of the insurance provider’s stock valued at $150,000 after buying an additional 33 shares in the last quarter. Institutional investors own 75.71% of the company’s stock.

About Markel Corporation

Markel Corporation is a financial holding company serving a range of markets. The Company’s principal business markets and underwrites specialty insurance products. It monitors and reports its ongoing underwriting operations in three segments: U.S. Insurance, International Insurance and Reinsurance. The Company, through its subsidiary Markel Ventures, Inc (Markel Ventures), owns interests in various industrial and service businesses that operate outside of the specialty insurance marketplace.

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