Markel (NYSE:MKL – Get Rating) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Friday.
Separately, Truist Financial lifted their price target on shares of Markel from $1,300.00 to $1,400.00 and gave the company a “hold” rating in a research note on Friday, February 3rd. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Markel has an average rating of “Moderate Buy” and a consensus price target of $1,516.67.
Markel Price Performance
Markel stock opened at $1,359.37 on Friday. The company’s fifty day moving average price is $1,309.24 and its 200 day moving average price is $1,317.14. Markel has a 1 year low of $1,064.09 and a 1 year high of $1,458.56. The stock has a market capitalization of $18.15 billion, a P/E ratio of 65.92 and a beta of 0.78. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.66 and a current ratio of 0.66.
Insider Buying and Selling at Markel
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of MKL. Global Retirement Partners LLC increased its position in shares of Markel by 120.0% during the 3rd quarter. Global Retirement Partners LLC now owns 22 shares of the insurance provider’s stock worth $27,000 after purchasing an additional 12 shares during the last quarter. Delta Asset Management LLC TN acquired a new stake in shares of Markel during the 4th quarter worth about $29,000. Belpointe Asset Management LLC acquired a new stake in shares of Markel during the 4th quarter worth about $30,000. Ronald Blue Trust Inc. increased its position in shares of Markel by 87.5% during the 4th quarter. Ronald Blue Trust Inc. now owns 30 shares of the insurance provider’s stock worth $32,000 after purchasing an additional 14 shares during the last quarter. Finally, Clearstead Advisors LLC acquired a new stake in shares of Markel during the 1st quarter worth about $32,000. Hedge funds and other institutional investors own 75.96% of the company’s stock.
Markel Corp. is a financial holding company, which engages in underwriting specialty insurance products for a variety of niche markets. It operates through the Insurance and Reinsurance segments. The Insurance segment includes all direct business and facultative placements written within the company’s underwriting operations.
- Get a free copy of the StockNews.com research report on Markel (MKL)
- MarketBeat Week in Review – 5/15 – 5/19
- Applied Materials: Cracks In The Chip Recovery Or Time To Buy?
- Deere & Company Rallies On Farm Equipment Boom, Bullish Outlook
- How Many Roth IRAs Can You Have?
- Why You Should Consider Buying Nvidia Ahead Of Earnings
Receive News & Ratings for Markel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Markel and related companies with MarketBeat.com's FREE daily email newsletter.