Markel Corporation (MKL) : Kirr Marbach Co In reduced its stake in Markel Corporation by 2.7% during the most recent quarter end. The investment management company now holds a total of 14,093 shares of Markel Corporation which is valued at $13,259,681 after selling 391 shares in Markel Corporation , the firm said in a disclosure report filed with the SEC on Jul 25, 2016.Markel Corporation makes up approximately 2.67% of Kirr Marbach Co In’s portfolio.
Other Hedge Funds, Including , Palladium Partners reduced its stake in MKL by selling 185 shares or 6.95% in the most recent quarter. The Hedge Fund company now holds 2,476 shares of MKL which is valued at $2,307,657. Markel Corporation makes up approx 0.20% of Palladium Partners’s portfolio.Needelman Asset Management Inc reduced its stake in MKL by selling 5 shares or 0.29% in the most recent quarter. The Hedge Fund company now holds 1,745 shares of MKL which is valued at $1,629,656. Markel Corporation makes up approx 4.68% of Needelman Asset Management Inc’s portfolio.
Markel Corporation closed down -6.44 points or -0.67% at $948.75 with 32,158 shares getting traded on Friday. Post opening the session at $952.93, the shares hit an intraday low of $946.56 and an intraday high of $956.03 and the price fluctuated in this range throughout the day.Shares ended Friday 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.