Crossmark Global Holdings Inc. acquired a new position in shares of Markel Corporation (NYSE:MKL) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 527 shares of the insurance provider’s stock, valued at approximately $563,000.

Several other large investors also recently modified their holdings of MKL. Proficio Capital Partners LLC lifted its position in shares of Markel Corporation by 40.3% during the 2nd quarter. Proficio Capital Partners LLC now owns 94 shares of the insurance provider’s stock worth $101,000 after buying an additional 27 shares during the last quarter. Korea Investment CORP lifted its position in shares of Markel Corporation by 138.9% during the 2nd quarter. Korea Investment CORP now owns 129 shares of the insurance provider’s stock worth $126,000 after buying an additional 75 shares during the last quarter. BDO Wealth Advisors LLC purchased a new stake in shares of Markel Corporation during the 2nd quarter worth approximately $166,000. Toronto Dominion Bank lifted its position in shares of Markel Corporation by 11.0% during the 2nd quarter. Toronto Dominion Bank now owns 171 shares of the insurance provider’s stock worth $167,000 after buying an additional 17 shares during the last quarter. Finally, Quantbot Technologies LP lifted its position in shares of Markel Corporation by 775.0% during the 2nd quarter. Quantbot Technologies LP now owns 210 shares of the insurance provider’s stock worth $204,000 after buying an additional 186 shares during the last quarter. Institutional investors and hedge funds own 76.78% of the company’s stock.

Markel Corporation (NYSE:MKL) opened at $1,069.00 on Friday. The company has a market cap of $14,800.00, a price-to-earnings ratio of 353.38 and a beta of 1.05. Markel Corporation has a 1-year low of $870.07 and a 1-year high of $1,105.23. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.55 and a quick ratio of 0.55.

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Several analysts have recently weighed in on MKL shares. BidaskClub upgraded shares of Markel Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. Boenning Scattergood restated a “buy” rating on shares of Markel Corporation in a research report on Thursday, October 26th. SunTrust Banks, Inc. restated a “hold” rating and set a $1,100.00 price objective on shares of Markel Corporation in a research report on Friday, October 27th. Zacks Investment Research downgraded shares of Markel Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $1,050.00 target price on shares of Markel Corporation in a report on Tuesday, October 3rd. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Markel Corporation has an average rating of “Hold” and an average target price of $1,066.67.

In other news, CEO Richard R. Whitt III sold 600 shares of Markel Corporation stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $1,045.93, for a total value of $627,558.00. Following the transaction, the chief executive officer now directly owns 11,339 shares of the company’s stock, valued at approximately $11,859,800.27. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lemuel E. Lewis bought 1,000 shares of the business’s stock in a transaction dated Wednesday, November 8th. The stock was acquired at an average cost of $1,080.96 per share, for a total transaction of $1,080,960.00. Following the completion of the acquisition, the director now directly owns 5,294 shares in the company, valued at $5,722,602.24. The disclosure for this purchase can be found here. Insiders sold a total of 1,869 shares of company stock worth $1,988,182 over the last ninety days. Corporate insiders own 2.53% 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.

Institutional Ownership by Quarter for Markel Corporation (NYSE:MKL)

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