Narwhal Capital Management raised its position in Markel Corp. (NYSE:MKL) by 25.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,708 shares of the company’s stock after buying an additional 348 shares during the period. Narwhal Capital Management’s holdings in Markel Corp. were worth $1,627,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Prudential Financial Inc. raised its stake in Markel Corp. by 0.5% in the first quarter. Prudential Financial Inc. now owns 972 shares of the company’s stock worth $867,000 after buying an additional 5 shares in the last quarter. Hartford Investment Management Co. raised its stake in Markel Corp. by 4.0% in the second quarter. Hartford Investment Management Co. now owns 258 shares of the company’s stock worth $246,000 after buying an additional 10 shares in the last quarter. Checchi Capital Advisers LLC raised its stake in Markel Corp. by 8.3% in the second quarter. Checchi Capital Advisers LLC now owns 182 shares of the company’s stock worth $173,000 after buying an additional 14 shares in the last quarter. First National Bank of Omaha raised its stake in Markel Corp. by 0.3% in the second quarter. First National Bank of Omaha now owns 7,782 shares of the company’s stock worth $7,414,000 after buying an additional 27 shares in the last quarter. Finally, Pitcairn Co. raised its stake in Markel Corp. by 5.0% in the second quarter. Pitcairn Co. now owns 563 shares of the company’s stock worth $536,000 after buying an additional 27 shares in the last quarter. Institutional investors own 75.11% of the company’s stock.

Markel Corp. (NYSE:MKL) traded up 0.36% during midday trading on Wednesday, reaching $930.99. 25,873 shares of the company’s stock traded hands. Markel Corp. has a 52-week low of $791.97 and a 52-week high of $989.18. The firm’s 50-day moving average is $930.11 and its 200 day moving average is $926.40. The firm has a market cap of $13.02 billion, a PE ratio of 24.45 and a beta of 0.87.

Markel Corp. (NYSE:MKL) last announced its earnings results on Tuesday, August 2nd. The company reported $5.41 earnings per share for the quarter, missing analysts’ consensus estimates of $6.39 by $0.98. Markel Corp. had a net margin of 9.78% and a return on equity of 6.65%. Equities research analysts expect that Markel Corp. will post $33.38 earnings per share for the current fiscal year.

A number of equities research analysts recently weighed in on the stock. SunTrust Banks Inc. upped their target price 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 lowered shares of Markel Corp. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 6th.

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.

5 Day Chart for NYSE:MKL

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