Great West Life Assurance Co. Can lifted its position in Markel Co. (NYSE:MKL) by 3.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,375 shares of the insurance provider’s stock after buying an additional 3,124 shares during the quarter. Great West Life Assurance Co. Can’s holdings in Markel were worth $84,821,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. MCF Advisors LLC lifted its holdings in Markel by 52.0% during the 1st quarter. MCF Advisors LLC now owns 38 shares of the insurance provider’s stock valued at $38,000 after purchasing an additional 13 shares during the last quarter. Lindbrook Capital LLC acquired a new stake in Markel during the 4th quarter valued at $45,000. We Are One Seven LLC acquired a new stake in Markel during the 4th quarter valued at $49,000. Parallel Advisors LLC lifted its holdings in Markel by 31.3% during the 4th quarter. Parallel Advisors LLC now owns 63 shares of the insurance provider’s stock valued at $65,000 after purchasing an additional 15 shares during the last quarter. Finally, SeaBridge Investment Advisors LLC lifted its holdings in Markel by 102.9% during the 4th quarter. SeaBridge Investment Advisors LLC now owns 69 shares of the insurance provider’s stock valued at $72,000 after purchasing an additional 35 shares during the last quarter. 76.13% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE MKL traded down $6.24 during mid-day trading on Wednesday, reaching $1,068.45. The company had a trading volume of 10 shares, compared to its average volume of 49,460. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.55 and a current ratio of 0.55. Markel Co. has a one year low of $950.16 and a one year high of $1,228.32. The stock has a market capitalization of $14.75 billion, a P/E ratio of 52.19 and a beta of 0.87.

In related news, Vice Chairman Anthony F. Markel sold 43 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,060.66, for a total value of $45,608.38. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Vice Chairman Steven A. Markel sold 100 shares of the firm’s stock in a transaction on Monday, February 25th. The stock was sold at an average price of $1,004.41, for a total value of $100,441.00. Following the completion of the transaction, the insider now owns 101,417 shares in the company, valued at approximately $101,864,248.97. The disclosure for this sale can be found here. In the last 90 days, insiders purchased 400 shares of company stock worth $398,556 and sold 1,393 shares worth $1,398,416. 2.34% of the stock is currently owned by company insiders.

A number of equities research analysts have recently weighed in on the company. SunTrust Banks lifted their target price on Markel to $1,100.00 and gave the stock a “hold” rating in a report on Thursday, May 2nd. TheStreet raised Markel from a “c” rating to a “b-” rating in a report on Thursday, May 9th. ValuEngine raised Markel from a “sell” rating to a “hold” rating in a report on Thursday, April 25th. Finally, 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. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Markel has an average rating of “Buy” and an average target price of $1,173.67.

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Markel Company Profile

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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Institutional Ownership by Quarter for Markel (NYSE:MKL)

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