Anchor Capital Advisors LLC trimmed its position in shares of Markel Corporation (NYSE:MKL) by 1.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,986 shares of the insurance provider’s stock after selling 330 shares during the quarter. Anchor Capital Advisors LLC owned approximately 0.16% of Markel Corporation worth $23,481,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Proficio Capital Partners LLC boosted its stake in shares of Markel Corporation by 40.3% during the second quarter. Proficio Capital Partners LLC now owns 94 shares of the insurance provider’s stock valued at $101,000 after purchasing an additional 27 shares in the last quarter. Korea Investment CORP boosted its stake in shares of Markel Corporation by 138.9% during the second quarter. Korea Investment CORP now owns 129 shares of the insurance provider’s stock valued at $126,000 after purchasing an additional 75 shares in the last quarter. BDO Wealth Advisors LLC acquired a new stake in shares of Markel Corporation during the second quarter valued at about $166,000. Toronto Dominion Bank boosted its stake in shares of Markel Corporation by 11.0% during the second quarter. Toronto Dominion Bank now owns 171 shares of the insurance provider’s stock valued at $167,000 after purchasing an additional 17 shares in the last quarter. Finally, First Capital Advisors Group LLC. acquired a new stake in shares of Markel Corporation during the third quarter valued at about $202,000. 76.78% of the stock is currently owned by hedge funds and other institutional investors.

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A number of equities analysts recently commented on the company. ValuEngine raised Markel Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. BidaskClub raised Markel Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research lowered Markel Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $1,050.00 price objective on shares of Markel Corporation in a research note on Tuesday, October 3rd. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $1,100.00 price objective on shares of Markel Corporation in a research note on Friday, October 27th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $1,066.67.

Shares of Markel Corporation (NYSE MKL) traded down $13.11 on Monday, reaching $1,063.41. The company’s stock had a trading volume of 24,700 shares, compared to its average volume of 30,839. Markel Corporation has a 12-month low of $856.98 and a 12-month high of $1,105.23. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.55 and a current ratio of 0.55. The firm has a market capitalization of $14,772.79, a price-to-earnings ratio of 348.66 and a beta of 1.05.

In other Markel Corporation news, CEO Richard R. Whitt III sold 100 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $1,050.00, for a total value of $105,000.00. Following the transaction, the chief executive officer now directly owns 11,939 shares of the company’s stock, valued at $12,535,950. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Vice Chairman F. Michael Crowley sold 302 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $1,047.20, for a total value of $316,254.40. Following the completion of the transaction, the insider now directly owns 6,956 shares in the company, valued at $7,284,323.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,971 shares of company stock worth $2,090,048. 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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