Aperio Group LLC raised its stake in shares of Markel Corporation (NYSE:MKL) by 4.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,705 shares of the insurance provider’s stock after purchasing an additional 237 shares during the period. Aperio Group LLC’s holdings in Markel Corporation were worth $6,093,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of MKL. Teachers Advisors LLC lifted its holdings in Markel Corporation by 5.2% during the first quarter. Teachers Advisors LLC now owns 15,689 shares of the insurance provider’s stock valued at $15,310,000 after purchasing an additional 778 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Markel Corporation by 1.8% during the first quarter. Dimensional Fund Advisors LP now owns 54,704 shares of the insurance provider’s stock valued at $53,378,000 after purchasing an additional 987 shares in the last quarter. Morgan Stanley lifted its holdings in Markel Corporation by 8.0% during the first quarter. Morgan Stanley now owns 11,031 shares of the insurance provider’s stock valued at $10,764,000 after purchasing an additional 816 shares in the last quarter. KCG Holdings Inc. purchased a new position in Markel Corporation during the first quarter valued at $236,000. Finally, HighTower Advisors LLC lifted its holdings in Markel Corporation by 53.6% during the first quarter. HighTower Advisors LLC now owns 421 shares of the insurance provider’s stock valued at $413,000 after purchasing an additional 147 shares in the last quarter. 76.59% of the stock is currently owned by institutional investors and hedge funds.

Shares of Markel Corporation (NYSE:MKL) opened at $1,073.00 on Monday. The company has a market cap of $14,906.01, a PE ratio of 351.80 and a beta of 1.05. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.55 and a quick ratio of 0.55. Markel Corporation has a 12-month low of $825.07 and a 12-month high of $1,105.23.

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In other news, CEO Richard R. Whitt III sold 100 shares of the stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $1,045.10, for a total value of $104,510.00. Following the completion of the sale, the chief executive officer now directly owns 12,039 shares in the company, valued at $12,581,958.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Vice Chairman Anthony F. Markel sold 169 shares of the stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $1,096.26, for a total transaction of $185,267.94. The disclosure for this sale can be found here. Insiders sold 2,071 shares of company stock valued at $2,194,558 over the last quarter. Company insiders own 2.53% of the company’s stock.

Several equities analysts have issued reports on MKL shares. Boenning Scattergood set a $1,050.00 price objective on shares of Markel Corporation and gave the company a “buy” rating in a report on Wednesday, July 26th. ValuEngine raised shares of Markel Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. BidaskClub raised shares of Markel Corporation from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Royal Bank Of Canada reaffirmed a “hold” rating and set a $1,050.00 price objective on shares of Markel Corporation in a report on Tuesday, October 3rd. Finally, Zacks Investment Research cut shares of Markel Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Markel Corporation currently has a consensus rating of “Hold” and a consensus price target of $1,066.67.

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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