Today: Today, Bronfman E.L. Rothschild L.P. Reached $398,000 position of Markel Corp. (MKL)

Today, Bronfman E.L. Rothschild L.P. Reached $398,000 position  of Markel Corp. (MKL)

Bronfman E.L. Rothschild L.P. lowered its position in shares of Markel Corp. (NYSE:MKL) by 3.2% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 429 shares of the company’s stock after selling 14 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Markel Corp. were worth $398,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Marathon Asset Management LLP boosted its position in shares of Markel Corp. by 1.9% in the second quarter. Marathon Asset Management LLP now owns 17,576 shares of the company’s stock worth $16,741,000 after buying an additional 320 shares in the last quarter. Union Bankshares Corp purchased a new position in Markel Corp. during the second quarter valued at $417,000. Douglass Winthrop Advisors LLC boosted its position in Markel Corp. by 3.9% in the second quarter. Douglass Winthrop Advisors LLC now owns 59,530 shares of the company’s stock valued at $47,735,000 after buying an additional 2,250 shares during the period. Creative Planning boosted its position in Markel Corp. by 6.0% in the second quarter. Creative Planning now owns 2,159 shares of the company’s stock valued at $2,057,000 after buying an additional 123 shares during the period. Finally, NEXT Financial Group Inc boosted its position in Markel Corp. by 61.8% in the second quarter. NEXT Financial Group Inc now owns 220 shares of the company’s stock valued at $209,000 after buying an additional 84 shares during the period. Hedge funds and other institutional investors own 74.53% of the company’s stock.

Shares of Markel Corp. (NYSE:MKL) opened at 904.19 on Friday. The firm has a 50-day moving average of $888.09 and a 200 day moving average of $925.69. The company has a market cap of $12.65 billion, a price-to-earnings ratio of 24.91 and a beta of 0.87. Markel Corp. has a 12 month low of $805.03 and a 12 month high of $989.18.

MKL has been the topic of several analyst reports. SunTrust Banks Inc. boosted their price target on shares of Markel Corp. from $920.00 to $950.00 and gave the stock a “neutral” rating in a report on Thursday, August 4th. Zacks Investment Research cut shares of Markel Corp. from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 8th. Finally, William Blair cut shares of Markel Corp. from an “outperform” rating to a “market perform” rating in a report on Thursday, November 17th.

Markel Corp. Company Profile

Markel Corporation is a financial holding company serving a range of markets. The Company’s principal business markets and underwrites specialty insurance products. The Company monitors and reports its ongoing underwriting operations in three segments: U.S. Insurance, International Insurance and Reinsurance.

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