Markel Corp (MKL) Shareholder Mar Vista Investment Partners LLC Decreased Its Stake

June 27, 2018 - By Mark Williams

Markel Corporation (NYSE:MKL) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 0.86. That’s change of 0.22, from 2017Q4’s 1.08. 17 investors sold all, 149 reduced holdings as MKL ratio turned negative. 97 rose stakes while 46 funds acquired stakes. Funds hold 10.35 million shares thus 1.44% less from 2017Q4’s 10.50 million shares. Federated Pa reported 2,028 shs or 0.01% of all its holdings. First Manhattan holds 0.01% or 1,294 shs. Westpac Banking Corporation has 0% invested in Markel Corporation (NYSE:MKL) for 806 shs. Vanguard Gru Incorporated owns 1.13M shs for 0.06% of their capital. Credit Suisse Ag stated it has 30,845 shs. Df Dent & Inc owns 2.42% invested in Markel Corporation (NYSE:MKL) for 89,506 shs. Cannell Peter B stated it has 600 shs or 0.03% of all its holdings. Rafferty Asset Management accumulated 3,478 shs. Cap Rech Global has invested 0.09% of its capital in Markel Corporation (NYSE:MKL). Beck Mack & Oliver owns 74,384 shs or 2.93% of their US capital. Barr E S accumulated 68,320 shs or 8.39% of the stock. Orrstown Services has 2 shs. Sather Financial Group Inc holds 14,511 shs. Bb&T has invested 0.01% in Markel Corporation (NYSE:MKL). Frontier Management, Texas-based fund reported 26,958 shs.

MKL had 18 insider sales and 1 buying transaction since January 4, 2018. This’s net activity of $3.50 million. On Thursday, April 26 Shares for $227,555 were sold by MARKEL STEVEN A. $103,642 worth of stock was sold by Crouch Nora N on Tuesday, May 22. KIRSHNER ALAN I had sold 100 shs worth $114,902. On Friday, February 23 Schewel Michael Jay had bought 225 shs worth $250,853. $53,770 worth of Markel Corporation (NYSE:MKL) shs were sold by MARKEL ANTHONY F.

Based on the latest 2018Q1 regulatory filing with the SEC, Mar Vista Investment Partners Llc decreased its stake in Markel Corp (MKL) by 2.87%. The company’s stock popped up 0.57% while Mar Vista Investment Partners Llc sold 3,845 shares. At the end of 2018Q1, the institutional investor held 130,076 shares of the property-casualty insurers company, priced at $152.22M, down from 133,921 at the end of the previous reported quarter. For a total of 1.15 million shares it increased its holding in Schlumberger Ltd (NYSE:SLB) by 70,481 shares in the quarter, and has risen its stake in First Republic Bank/Ca (NYSE:FRC).

Investors wait Markel Corporation (NYSE:MKL)’s quarterly earnings on July, 25., according to Faxor. Analysts expect change of 13.58 % or $1.35 from previous year’s $9.94 earnings per share compared to current’s $8.59 earnings per share. MKL’s profit could be $119.34M with 32.01 P/E in case $8.59 earnings per share is revealed. Last quarter $11.39 earnings per share was reported. Analysts predicts -24.58 % negative EPS growth this quarter.

More recent Markel Corporation (NYSE:MKL) news were brought out by Globenewswire.com, Seekingalpha.com and Fool.com. The first one has “Report: Developing Opportunities within Abbott Laboratories, Markel, Microsoft, Gazit-Globe, National General, and …” as a title and was brought out on June 14, 2018. The next is “Markel: No Longer A Clear Value” on June 26, 2018. And last was brought out on June 20, 2018, called “White Mountains Insurance’s Investment Portfolio — Is This a Mini-Berkshire?”.

Markel Corporation (NYSE:MKL) Ratings Coverage

In total 4 analysts cover Markel Corp (NYSE:MKL). “Buy” rating has 1, “Sell” are 0, while 3 are “Hold”. 25% are bullish. With $1200.0 highest and $1200.0 lowest PT Markel Corp has $1200 average PT or 9.09% above the current ($1100) price. 4 are the (NYSE:MKL)’s analyst reports since February 7, 2018 according to StockzIntelligence Inc. The stock rating was maintained by SunTrust with “Hold” on Wednesday, February 7. On Wednesday, February 7 RBC Capital Markets maintained the shares of MKL in report with “Hold” rating. On Monday, March 19 William Blair upgraded the shares of MKL in report to “Buy” rating.

Markel Corporation (NYSE:MKL) Institutional Investors Chart

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