Northroad Capital Management Exits Position in Markel Corporation (MKL)

Markel Corporation (MKL) : Northroad Capital Management has sold out all of its stake in Markel Corporation during the most recent quarter, according to the disclosure filed by the company on Nov 14, 2016 with the SEC. The investment management company has sold out 398 shares of Markel Corporation which is valued at $349,038.

Other Hedge Funds, Including , Bares Capital Management boosted its stake in MKL in the latest quarter, The investment management firm added 16,044 additional shares and now holds a total of 96,704 shares of Markel Corporation which is valued at $84,807,474. Markel Corporation makes up approx 4.92% of Bares Capital Management’s portfolio.Van Den Berg Management I Inc reduced its stake in MKL by selling 28 shares or 4.44% in the most recent quarter. The Hedge Fund company now holds 602 shares of MKL which is valued at $519,791. Markel Corporation makes up approx 0.06% of Van Den Berg Management I Inc’s portfolio.Sg Americas Securities boosted its stake in MKL in the latest quarter, The investment management firm added 94 additional shares and now holds a total of 1,902 shares of Markel Corporation which is valued at $1,599,715. Markel Corporation makes up approx 0.02% of Sg Americas Securities’s portfolio.Gamble Jones Investment Counsel boosted its stake in MKL in the latest quarter, The investment management firm added 98 additional shares and now holds a total of 2,864 shares of Markel Corporation which is valued at $2,408,824. Markel Corporation makes up approx 0.27% of Gamble Jones Investment Counsel’s portfolio.

Markel Corporation opened for trading at $870.07 and hit $886 on the upside on Monday, eventually ending the session at $882.92, with a gain of 1.03% or 8.99 points. The heightened volatility saw the trading volume jump to 80,215 shares. Company has a market cap of $12,353 M.

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.

Leave a Reply

Markel Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Markel Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.