Deutsche Bank assumed coverage on shares of Markel (NYSE:MKL) in a research report issued on Thursday, The Fly reports. The firm set a “hold” rating on the insurance provider’s stock.

A number of other analysts also recently weighed in on MKL. Zacks Investment Research downgraded shares of Markel from a “buy” rating to a “hold” rating in a report on Thursday, April 11th. TheStreet raised shares of Markel from a “c” rating to a “b-” rating in a research report on Thursday, May 9th. SunTrust Banks upped their price target on shares of Markel to $1,100.00 and gave the stock a “hold” rating in a research report on Thursday, May 2nd. Finally, ValuEngine raised shares of Markel from a “sell” rating to a “hold” rating in a research report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $1,173.67.

Shares of Markel stock traded down $21.82 during trading hours on Thursday, reaching $1,064.58. The company’s stock had a trading volume of 2,375 shares, compared to its average volume of 53,817. Markel has a one year low of $950.16 and a one year high of $1,228.32. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.31. The company has a market cap of $14.88 billion, a PE ratio of 51.85 and a beta of 0.87.

In related news, Vice Chairman Anthony F. Markel sold 43 shares of the stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $1,060.66, for a total transaction of $45,608.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lemuel E. Lewis bought 100 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The shares were purchased at an average cost of $1,035.00 per share, with a total value of $103,500.00. Following the transaction, the director now directly owns 5,085 shares of the company’s stock, valued at $5,262,975. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 400 shares of company stock valued at $398,556 and have sold 1,393 shares valued at $1,398,416. Corporate insiders own 2.34% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Security Asset Management increased its stake in Markel by 0.5% during the 4th quarter. Security Asset Management now owns 1,897 shares of the insurance provider’s stock valued at $1,969,000 after purchasing an additional 10 shares in the last quarter. GHP Investment Advisors Inc. increased its stake in Markel by 1.3% during the 1st quarter. GHP Investment Advisors Inc. now owns 765 shares of the insurance provider’s stock valued at $762,000 after purchasing an additional 10 shares in the last quarter. Parisi Gray Wealth Management increased its stake in Markel by 1.3% during the 1st quarter. Parisi Gray Wealth Management now owns 800 shares of the insurance provider’s stock valued at $801,000 after purchasing an additional 10 shares in the last quarter. Front Street Capital Management Inc. increased its stake in Markel by 1.3% during the 1st quarter. Front Street Capital Management Inc. now owns 861 shares of the insurance provider’s stock valued at $858,000 after purchasing an additional 11 shares in the last quarter. Finally, Comerica Bank increased its stake in Markel by 2.6% during the 1st quarter. Comerica Bank now owns 482 shares of the insurance provider’s stock valued at $472,000 after purchasing an additional 12 shares in the last quarter. 75.95% of the stock is owned by institutional investors.

About Markel

Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, the United Kingdom, Canada, and internationally. It operates through three segments: U.S. Insurance, International Insurance, and Reinsurance. The U.S. Insurance segment offers general and professional liability, property, personal line, program, and workers' compensation insurance products, as well as other insurance product lines, such as ocean marine, surety, CPI, and coverages.

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