Media headlines about Markel (NYSE:MKL) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Markel earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned news coverage about the insurance provider an impact score of 45.7342862545129 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Markel (NYSE MKL) opened at $1,123.37 on Friday. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.28. The stock has a market cap of $15,605.86, a P/E ratio of 368.32 and a beta of 1.04. Markel has a 1 year low of $887.40 and a 1 year high of $1,157.30.
A number of research firms have issued reports on MKL. Zacks Investment Research cut Markel from a “buy” rating to a “hold” rating in a report on Thursday. Boenning Scattergood restated a “buy” rating on shares of Markel in a report on Thursday, October 26th. SunTrust Banks restated a “hold” rating and issued a $1,100.00 price objective on shares of Markel in a report on Friday, October 27th. Finally, Royal Bank of Canada restated a “hold” rating and issued a $1,050.00 price objective on shares of Markel in a report on Tuesday, October 3rd. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $1,109.50.
In other news, Vice Chairman Steven A. Markel sold 200 shares of Markel stock in a transaction that occurred on Thursday, October 26th. The shares were sold at an average price of $1,067.57, for a total value of $213,514.00. Following the completion of the sale, the insider now directly owns 109,220 shares in the company, valued at $116,599,995.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Alan I. Kirshner sold 100 shares of Markel stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $1,133.50, for a total transaction of $113,350.00. The disclosure for this sale can be found here. Insiders have sold 2,307 shares of company stock valued at $2,535,956 over the last 90 days. Company insiders own 2.53% of the company’s stock.
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Markel 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. 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.
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