|Last Price$701.92||Day Change (%)0.67%|
|Open Price$698.01||Day Change ($)4.68|
|Day Range695.94–704.96||52-Week Range527.17–707.36|
As of Fri 11/28/2014 12:10 PM EST | USD
Markel Corporation Names Britt Glisson Global Insurance Division President
Protesters Turn Out in U.S. Cities After Ferguson Decision
On Tuesday, Markel MKL reported first-half earnings of $16.77 per share, exceeding our expectations. We plan to increase our $425 fair value estimate. In the first half, Markel delivered owners a solid 19.21% annualized return on equity, thanks to a pleasing 9.8% underwriting margin. In addition, ...
A group of top managers remains cautious and commits more capital to traditional defensive sectors, while taking advantage of a rising (and potentially overvalued) market to book some gains.
Our model portfolio continues to outpace the market.
Our picks from the ideas of some of the best investment minds around.
Our top managers continue to put money into wide-moat firms.
Our top managers continue to focus on higher-quality businesses rather than seeking out bargains in a market that (in many of their minds) has become fully valued.
The pickings continue to get slimmer for a proven group of top fund managers as the market continues to trade around its all-time high.
Our top managers remain cautious, focusing more on relative valuation and increasing their willingness to book gains in the face of a rising (but potentially overvalued) market.