Dai Ichi Life Insurance Company Ltd bought a new stake in Markel Co. (NYSE:MKL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 202 shares of the insurance provider’s stock, valued at approximately $216,000.

Other institutional investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC lifted its position in Markel by 40.3% during the second quarter. Proficio Capital Partners LLC now owns 94 shares of the insurance provider’s stock worth $101,000 after buying an additional 27 shares during the period. Korea Investment CORP lifted its position in Markel by 138.9% during the second quarter. Korea Investment CORP now owns 129 shares of the insurance provider’s stock worth $126,000 after buying an additional 75 shares during the period. BDO Wealth Advisors LLC purchased a new position in Markel during the second quarter worth about $166,000. Toronto Dominion Bank lifted its position in Markel by 11.0% during the second quarter. Toronto Dominion Bank now owns 171 shares of the insurance provider’s stock worth $167,000 after buying an additional 17 shares during the period. Finally, First Capital Advisors Group LLC. purchased a new position in Markel during the third quarter worth about $202,000. 76.89% of the stock is currently owned by institutional investors.

MKL has been the topic of several recent analyst reports. Boenning Scattergood reiterated a “buy” rating on shares of Markel in a research report on Thursday, October 26th. BidaskClub upgraded Markel from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. SunTrust Banks reiterated a “hold” rating and set a $1,100.00 target price on shares of Markel in a research report on Friday, October 27th. Zacks Investment Research downgraded Markel from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $1,050.00 target price on shares of Markel in a research report on Tuesday, October 3rd. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $1,066.67.

Markel Co. (NYSE:MKL) traded up $5.51 during midday trading on Friday, reaching $1,112.41. The company had a trading volume of 36,765 shares, compared to its average volume of 6,070. The stock has a market capitalization of $15,450.00, a P/E ratio of 357.86 and a beta of 1.05. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.55 and a quick ratio of 0.55. Markel Co. has a 1 year low of $612.00 and a 1 year high of $1,124.22.

In other news, Vice Chairman Steven A. Markel sold 200 shares of the firm’s stock in a transaction dated 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 transaction, the insider now directly owns 109,550 shares in the company, valued at approximately $116,740,862. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Lemuel E. Lewis acquired 1,000 shares of the business’s stock in a transaction dated Wednesday, November 8th. The stock was purchased at an average price of $1,080.96 per share, for a total transaction of $1,080,960.00. Following the completion of the acquisition, the director now owns 5,294 shares in the company, valued at $5,722,602.24. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 1,269 shares of company stock worth $1,366,344. Company insiders own 2.53% of the company’s stock.

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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.

Institutional Ownership by Quarter for Markel (NYSE:MKL)

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