Aureus Asset Management LLC acquired a new position in shares of Markel Co. (NYSE:MKL) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 790 shares of the insurance provider’s stock, valued at approximately $844,000.

Several other large investors have also modified their holdings of MKL. Capstone Asset Management Co. increased its position in shares of Markel by 9.5% during the 2nd quarter. Capstone Asset Management Co. now owns 404 shares of the insurance provider’s stock worth $394,000 after purchasing an additional 35 shares during the last quarter. Bank of Montreal Can increased its position in shares of Markel by 9.0% during the 2nd quarter. Bank of Montreal Can now owns 2,287 shares of the insurance provider’s stock worth $2,233,000 after purchasing an additional 189 shares during the last quarter. World Asset Management Inc increased its position in shares of Markel by 4.0% during the 2nd quarter. World Asset Management Inc now owns 522 shares of the insurance provider’s stock worth $509,000 after purchasing an additional 20 shares during the last quarter. Sei Investments Co. increased its position in shares of Markel by 43.0% during the 2nd quarter. Sei Investments Co. now owns 329 shares of the insurance provider’s stock worth $322,000 after purchasing an additional 99 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its position in shares of Markel by 0.7% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 461 shares of the insurance provider’s stock worth $450,000 after purchasing an additional 3 shares during the last quarter. 76.89% of the stock is owned by hedge funds and other institutional investors.

MKL has been the subject of several research reports. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $1,050.00 target price on shares of Markel in a research report on Tuesday, October 3rd. Zacks Investment Research downgraded Markel from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Boenning Scattergood reaffirmed a “buy” rating on shares of Markel in a research report on Thursday, October 26th. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $1,100.00 target price on shares of Markel in a research report on Friday, October 27th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Markel presently has an average rating of “Hold” and a consensus price target of $1,066.67.

In related news, Vice Chairman Steven A. Markel sold 200 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $1,078.70, for a total transaction of $215,740.00. Following the completion of the sale, the insider now owns 108,761 shares in the company, valued at $117,320,490.70. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Lemuel E. Lewis bought 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 8th. The shares were acquired at an average price of $1,080.96 per share, with a total value of $1,080,960.00. Following the purchase, the director now owns 5,294 shares of the company’s stock, valued at $5,722,602.24. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 1,269 shares of company stock valued at $1,366,344. Corporate insiders own 2.53% of the company’s stock.

Shares of Markel Co. (NYSE:MKL) traded up $0.05 during trading on Tuesday, hitting $1,112.46. The stock had a trading volume of 39,600 shares, compared to its average volume of 6,214. Markel Co. has a 1-year low of $612.00 and a 1-year high of $1,124.22. The firm has a market capitalization of $15,453.49, a P/E ratio of 364.73 and a beta of 1.05. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.55 and a current ratio of 0.55.

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Markel Profile

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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Institutional Ownership by Quarter for Markel (NYSE:MKL)

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