200 Shares in Markel Co. (MKL) Purchased by Athena Capital Advisors LLC

Athena Capital Advisors LLC acquired a new stake in shares of Markel Co. (NYSE:MKL) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 200 shares of the insurance provider’s stock, valued at approximately $214,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC grew its stake in Markel by 40.3% during the 2nd 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 grew its stake in Markel by 138.9% during the 2nd 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 Markel during the 2nd quarter valued at approximately $166,000. Toronto Dominion Bank grew its stake in Markel by 11.0% during the 2nd 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 Markel during the 3rd quarter valued at approximately $202,000. Hedge funds and other institutional investors own 76.89% of the company’s stock.

A number of equities research analysts have weighed in on the company. SunTrust Banks restated a “hold” rating and set a $1,100.00 price objective on shares of Markel in a research note on Friday, October 27th. Boenning Scattergood restated a “buy” rating on shares of Markel in a research note on Thursday, October 26th. Zacks Investment Research lowered Markel from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Finally, Royal Bank Of Canada restated a “hold” rating and set a $1,050.00 price objective on shares of Markel in a research note on Tuesday, October 3rd. Four 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 “Hold” and an average price target of $1,066.67.

Shares of Markel Co. (NYSE:MKL) traded up $0.05 on Tuesday, hitting $1,112.46. The stock had a trading volume of 39,600 shares, compared to its average volume of 6,214. The firm has a market cap of $15,453.49, a price-to-earnings ratio of 364.73 and a beta of 1.05. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.28. Markel Co. has a one year low of $612.00 and a one year high of $1,124.22.

In other news, Vice Chairman Steven A. Markel sold 200 shares of Markel stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $1,065.64, for a total value of $213,128.00. Following the completion of the transaction, the insider now owns 109,550 shares in the company, valued at approximately $116,740,862. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Alan I. Kirshner sold 100 shares of Markel stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $1,077.70, for a total value of $107,770.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,269 shares of company stock valued at $1,366,344. Insiders own 2.53% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “200 Shares in Markel Co. (MKL) Purchased by Athena Capital Advisors LLC” was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this article on another website, it was copied illegally and republished in violation of US and international copyright and trademark laws. The legal version of this article can be viewed at https://www.com-unik.info/2017/12/05/200-shares-in-markel-co-mkl-purchased-by-athena-capital-advisors-llc.html.

About Markel

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.

Want to see what other hedge funds are holding MKL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Markel Co. (NYSE:MKL).

Institutional Ownership by Quarter for Markel (NYSE:MKL)

What are top analysts saying about Markel Co.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Markel Co. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit