Roundview Capital LLC Has $1.64 Million Position in Markel Co. (MKL)

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Roundview Capital LLC increased its stake in Markel Co. (NYSE:MKL) by 0.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,641 shares of the insurance provider’s stock after purchasing an additional 13 shares during the quarter. Roundview Capital LLC’s holdings in Markel were worth $1,635,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. raised its stake in shares of Markel by 3.8% in the first quarter. BlackRock Inc. now owns 938,984 shares of the insurance provider’s stock valued at $935,453,000 after purchasing an additional 34,349 shares in the last quarter. Banyan Capital Management Inc. bought a new stake in Markel in the first quarter valued at $7,925,000. Anchor Capital Advisors LLC grew its position in Markel by 3.4% in the first quarter. Anchor Capital Advisors LLC now owns 23,586 shares of the insurance provider’s stock valued at $23,497,000 after acquiring an additional 786 shares during the period. Parametric Portfolio Associates LLC grew its position in Markel by 48.0% in the first quarter. Parametric Portfolio Associates LLC now owns 56,553 shares of the insurance provider’s stock valued at $56,340,000 after acquiring an additional 18,340 shares during the period. Finally, First Trust Advisors LP grew its position in Markel by 186.8% in the first quarter. First Trust Advisors LP now owns 14,054 shares of the insurance provider’s stock valued at $14,001,000 after acquiring an additional 9,153 shares during the period. Hedge funds and other institutional investors own 76.27% of the company’s stock.

Shares of MKL stock traded down $5.04 during trading hours on Monday, hitting $1,059.55. 50,798 shares of the company’s stock were exchanged, compared to its average volume of 53,676. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.55 and a current ratio of 0.55. The stock has a market capitalization of $14.67 billion, a PE ratio of 51.61 and a beta of 0.87. Markel Co. has a 52 week low of $950.16 and a 52 week high of $1,228.32.

A number of analysts have weighed in on MKL shares. Zacks Investment Research upgraded Markel from a “hold” rating to a “buy” rating and set a $1,121.00 price target on the stock in a research report on Monday, April 15th. TheStreet upgraded Markel from a “c” rating to a “b-” rating in a research report on Thursday, May 9th. ValuEngine upgraded Markel from a “sell” rating to a “hold” rating in a research report on Thursday, April 25th. Deutsche Bank started coverage on Markel in a research report on Thursday. They issued a “hold” rating and a $1,000.00 price target on the stock. Finally, SunTrust Banks upped their price target on Markel to $1,100.00 and gave the company a “hold” rating in a research report on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $1,130.25.

In other news, Vice Chairman Steven A. Markel sold 80 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of $1,000.86, for a total transaction of $80,068.80. Following the sale, the insider now owns 101,265 shares in the company, valued at $101,352,087.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Nora N. Crouch sold 50 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $985.27, for a total value of $49,263.50. Following the sale, the chief accounting officer now owns 2,413 shares in the company, valued at approximately $2,377,456.51. The disclosure for this sale can be found here. In the last 90 days, insiders have bought 400 shares of company stock worth $398,556 and have sold 1,293 shares worth $1,297,975. 2.34% of the stock is currently owned by corporate insiders.

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Markel Profile

Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, the United Kingdom, Canada, and internationally. Its Insurance segment offers general and professional liability, property, personal lines, marine and energy, specialty programs, and workers' compensation insurance products.

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Institutional Ownership by Quarter for Markel (NYSE:MKL)

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