Baltimore-washington Financial Advisors Lowers stake in Markel Corporation (MKL)

Markel Corporation (MKL) : Baltimore-washington Financial Advisors reduced its stake in Markel Corporation by 3.14% during the most recent quarter end. The investment management company now holds a total of 6,073 shares of Markel Corporation which is valued at $5,581,998 after selling 197 shares in Markel Corporation , the firm said in a disclosure report filed with the SEC on Oct 12, 2016.Markel Corporation makes up approximately 1.62% of Baltimore-washington Financial Advisors’s portfolio.

Other Hedge Funds, Including , North Star Investment Management Corp. boosted its stake in MKL in the latest quarter, The investment management firm added 10 additional shares and now holds a total of 24 shares of Markel Corporation which is valued at $22,060. Simplex Trading sold out all of its stake in MKL during the most recent quarter. The investment firm sold 155 shares of MKL which is valued $142,321.Bnp Paribas Arbitrage Sa boosted its stake in MKL in the latest quarter, The investment management firm added 312 additional shares and now holds a total of 3,308 shares of Markel Corporation which is valued at $3,067,012. Markel Corporation makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.

Markel Corporation closed down -5.01 points or -0.54% at $919.15 with 15,433 shares getting traded on Tuesday. Post opening the session at $924.15, the shares hit an intraday low of $917.3605 and an intraday high of $924.15 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

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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