Jacobson Schmitt Advisors buys $4,267,864 stake in Markel Corporation (MKL)

Markel Corporation (MKL) : Jacobson Schmitt Advisors scooped up 69 additional shares in Markel Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 4,619 shares of Markel Corporation which is valued at $4,267,864.Markel Corporation makes up approximately 3.51% of Jacobson Schmitt Advisors’s portfolio.

Other Hedge Funds, Including , Stratos Wealth Partners Ltd. boosted its stake in MKL in the latest quarter, The investment management firm added 115 additional shares and now holds a total of 448 shares of Markel Corporation which is valued at $413,943. Markel Corporation makes up approx 0.03% of Stratos Wealth Partners Ltd.’s portfolio.Baird Financial Group reduced its stake in MKL by selling 400 shares or 34.25% in the most recent quarter. The Hedge Fund company now holds 768 shares of MKL which is valued at $709,617. Markel Corporation makes up approx 0.01% of Baird Financial Group’s portfolio.Van Den Berg Management I Inc reduced its stake in MKL by selling 178 shares or 22.03% in the most recent quarter. The Hedge Fund company now holds 630 shares of MKL which is valued at $586,921. Markel Corporation makes up approx 0.07% of Van Den Berg Management I Inc’s portfolio.Cibc Asset Management Inc boosted its stake in MKL in the latest quarter, The investment management firm added 288 additional shares and now holds a total of 2,640 shares of Markel Corporation which is valued at $2,433,288. Markel Corporation makes up approx 0.02% of Cibc Asset Management Inc’s portfolio.

Markel Corporation (MKL) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or -0.04 points without letting the bulls or bears take much advantage. The trading began at $931.5 and reached the intraday high at $936.01. The bulls started the profit booking and pushed the shares to intraday low of $929.06. The trading session was marked by a volume range of 21,815 shares exchanging hands. The 52-week high of the shares is $989.18 and the 52-week low is $775.695. The market cap of the company stands at $13,039 M and there are 1,39,90,839 shares in public circulation.

Markel Corporation is a financial holding company serving variety of markets. The Company markets and underwrites specialty insurance products. The Company also owns interests in various industrial and service businesses that operate outside of the specialty insurance marketplace. The Company operates in three segments: U.S. Insurance International Insurance and Reinsurance. The U.S. Insurance segment includes all direct business and facultative placements written by the Company’s insurance subsidiaries domiciled in the United States. The International Insurance segment includes all direct business and facultative placements written by the Company’s insurance subsidiaries domiciled outside of the United States including the Company’s syndicate at Lloyd’s. The Reinsurance segment includes all treaty reinsurance written across the Company. In the United States it writes business in the excess and surplus lines (E&S) and specialty admitted insurance and reinsurance markets.

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