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Jacobs Levy Equity Management Lowered Its Markel (MKL) Holding by $373,032 as Market Valuation Declined; Gagnon Securities Holding In Caretrust Reit (CTRE) Was Raised

Markel Corporation (NYSE:MKL) Logo

Gagnon Securities Llc increased its stake in Caretrust Reit Inc (CTRE) by 1736.92% based on its latest 2018Q3 regulatory filing with the SEC. Gagnon Securities Llc bought 208,934 shares as the company’s stock rose 12.63% while stock markets declined. The institutional investor held 220,963 shares of the consumer services company at the end of 2018Q3, valued at $3.91M, up from 12,029 at the end of the previous reported quarter. Gagnon Securities Llc who had been investing in Caretrust Reit Inc for a number of months, seems to be bullish on the $1.67B market cap company. The stock increased 0.76% or $0.15 during the last trading session, reaching $19.9. About 1.62 million shares traded or 80.08% up from the average. CareTrust REIT, Inc. (NASDAQ:CTRE) has risen 14.21% since January 11, 2018 and is uptrending. It has outperformed by 14.21% the S&P500. Some Historical CTRE News: 16/03/2018 – CareTrust REIT Raises Quarterly Dividend to 20.5c From 18.5c; 16/04/2018 – S&P REVISES CARETRUST REIT INC. TO RATING ‘BB-‘ FROM ‘B+’; 16/03/2018 CareTrust REIT Raises Quarterly Dividend 10.8% to $0.205 per Share; 08/05/2018 – CareTrust REIT 1Q Rev $38.1M; 01/05/2018 – CareTrust REIT Announces Addition of Two New Provider Relationships; 26/04/2018 – Emerald Advisers Incorporated Exits Position in CareTrust; 02/05/2018 – Wasatch Advisors Inc. Exits Position in CareTrust; 26/04/2018 – Emerald Mutual Fund Advisers TRS Exits Position in CareTrust; 08/05/2018 – CARETRUST REIT INC CTRE.O – QTRLY REV $38.1 MLN VS $30.6 MLN; 01/05/2018 – CareTrust REIT Added Trio Healthcare and Hillstone Healthcare as Post-Acute Care Providers

Jacobs Levy Equity Management Inc decreased its stake in Markel Corp (MKL) by 34.2% based on its latest 2018Q3 regulatory filing with the SEC. Jacobs Levy Equity Management Inc sold 314 shares as the company’s stock declined 11.30% with the market. The institutional investor held 604 shares of the property-casualty insurers company at the end of 2018Q3, valued at $718,000, down from 918 at the end of the previous reported quarter. Jacobs Levy Equity Management Inc who had been investing in Markel Corp for a number of months, seems to be less bullish one the $14.43 billion market cap company. The stock decreased 0.22% or $2.33 during the last trading session, reaching $1039.15. About 31,196 shares traded. Markel Corporation (NYSE:MKL) has declined 3.91% since January 11, 2018 and is downtrending. It has underperformed by 3.91% the S&P500. Some Historical MKL News: 10/05/2018 – Moody’s Assigns Markel’s Shelf Ratings; 26/03/2018 – Officer/Dir Markel Gifts 225 Of Markel Corp; 24/04/2018 – MARKEL 1Q LOSS/SHR $4.25, EST. EPS $8.97; 13/03/2018 – MARKEL APPOINTS JULIA CHU AS CHIEF GLOBAL CEDED REINSURANCE OFFICER; 10/05/2018 – Boost Insurance Secures Dedicated Reinsurance Capacity Built To Power Insurtech Startups; 18/04/2018 – Markel Announces Conference Call Date And Time; 29/03/2018 – Markel lures new Canada chief from Everest; 10/05/2018 – Boost Insurance Secures Dedicated Reinsurance Capacity Built To Power lnsurtech Startups; 13/04/2018 – Markel announces new excess casualty leadership team; 10/04/2018 – Markel appoints Brian Kenny to lead strategic customer growth

Among 12 analysts covering Caretrust REIT (NASDAQ:CTRE), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 58% are positive. Caretrust REIT had 39 analyst reports since August 12, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained it with “Overweight” rating and $16 target in Tuesday, March 6 report. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, May 24. JMP Securities initiated the shares of CTRE in report on Monday, October 24 with “Mkt Perform” rating. On Wednesday, August 23 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The rating was maintained by BMO Capital Markets on Tuesday, January 9 with “Hold”. Stephens maintained CareTrust REIT, Inc. (NASDAQ:CTRE) on Friday, January 12 with “Buy” rating. As per Tuesday, July 26, the company rating was initiated by Wells Fargo. The firm has “Sector Perform” rating given on Friday, August 10 by RBC Capital Markets. The firm has “Hold” rating given on Tuesday, March 6 by RBC Capital Markets. The firm has “Outperform” rating by Wells Fargo given on Tuesday, December 4.

More notable recent CareTrust REIT, Inc. (NASDAQ:CTRE) news were published by: Globenewswire.com which released: “CareTrust REIT, Inc. Announces Tax Treatment of 2017 Dividends – GlobeNewswire” on January 23, 2018, also Globenewswire.com with their article: “CareTrust REIT Expands Skilled Nursing Portfolio in Northern California – GlobeNewswire” published on August 02, 2016, Globenewswire.com published: “CareTrust REIT Adds Operating Partner and SNF/ALF Campus in California’s Silicon Valley – GlobeNewswire” on September 05, 2018. More interesting news about CareTrust REIT, Inc. (NASDAQ:CTRE) were released by: Seekingalpha.com and their article: “Solid Rent Coverage Is Only One Reason To Buy CareTrust – Seeking Alpha” published on December 06, 2017 as well as Streetinsider.com‘s news article titled: “CareTrust REIT (CTRE) Acquires Bristol Court Assisted Living in $8.4M Deal – StreetInsider.com” with publication date: July 02, 2015.

Since July 19, 2018, it had 2 insider purchases, and 13 selling transactions for $2.13 million activity. MARKEL ANTHONY F also sold $162,410 worth of Markel Corporation (NYSE:MKL) on Monday, November 5. The insider Lewis Lemuel E bought 250 shares worth $274,125. Another trade for 100 shares valued at $119,055 was made by KIRSHNER ALAN I on Monday, October 1. Shares for $104,562 were sold by MARKEL STEVEN A. Another trade for 500 shares valued at $601,398 was made by Whitt Richard R III on Wednesday, September 5.

Investors sentiment increased to 1.15 in Q3 2018. Its up 0.04, from 1.11 in 2018Q2. It improved, as 17 investors sold MKL shares while 135 reduced holdings. 58 funds opened positions while 117 raised stakes. 10.17 million shares or 4.96% less from 10.70 million shares in 2018Q2 were reported. Barr E S And owns 68,739 shares for 8.04% of their portfolio. Check Management Ca holds 0.04% or 608 shares in its portfolio. Ycg Ltd Liability Corp has invested 0.09% of its portfolio in Markel Corporation (NYSE:MKL). First Hawaiian Bank & Trust holds 0.03% or 421 shares in its portfolio. Gardner Russo & Gardner Ltd Liability Company holds 0.07% of its portfolio in Markel Corporation (NYSE:MKL) for 8,000 shares. Amundi Pioneer Asset Mngmt Incorporated reported 12,754 shares. Deutsche Bancorp Ag reported 32,384 shares stake. Spectrum Asset Incorporated (Nb Ca) has invested 0.89% in Markel Corporation (NYSE:MKL). Chevy Chase Tru Hldg Inc has invested 0% of its portfolio in Markel Corporation (NYSE:MKL). Tdam Usa Inc, Ontario – Canada-based fund reported 476 shares. Steinberg Asset Management has invested 1.35% of its portfolio in Markel Corporation (NYSE:MKL). 303 were reported by Buckingham Asset Lc. Cetera Advisor Ltd Liability Corp reported 213 shares stake. Weitz Mngmt has invested 0.29% in Markel Corporation (NYSE:MKL). Daiwa Grp invested in 450 shares or 0% of the stock.

More notable recent Markel Corporation (NYSE:MKL) news were published by: Seekingalpha.com which released: “Markel Q1: Market May Be Underestimating – Seeking Alpha” on May 08, 2018, also Seekingalpha.com with their article: “Markel Recorded Another Solid Quarter – Seeking Alpha” published on August 11, 2018, Seekingalpha.com published: “Markel’s Virtuous Circle – Seeking Alpha” on August 30, 2018. More interesting news about Markel Corporation (NYSE:MKL) were released by: Seekingalpha.com and their article: “Markel: No Longer A Clear Value – Seeking Alpha” published on June 26, 2018 as well as Seekingalpha.com‘s news article titled: “Markel CATCo Investigation Is A Minimal Short-Term Issue For Markel – Seeking Alpha” with publication date: December 10, 2018.

Analysts await Markel Corporation (NYSE:MKL) to report earnings on February, 5. They expect $4.45 EPS, down 32.98% or $2.19 from last year’s $6.64 per share. MKL’s profit will be $61.79 million for 58.38 P/E if the $4.45 EPS becomes a reality. After $28.50 actual EPS reported by Markel Corporation for the previous quarter, Wall Street now forecasts -84.39% negative EPS growth.

Jacobs Levy Equity Management Inc, which manages about $10.42B and $7.05 billion US Long portfolio, upped its stake in Banner Corp (NASDAQ:BANR) by 51,116 shares to 86,254 shares, valued at $5.36 million in 2018Q3, according to the filing. It also increased its holding in Harmonic Inc (NASDAQ:HLIT) by 157,637 shares in the quarter, for a total of 702,242 shares, and has risen its stake in Spx Flow Inc.

Among 5 analysts covering Markel Corporation (NYSE:MKL), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Markel Corporation had 13 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Wednesday, February 7 by SunTrust. The company was maintained on Monday, August 28 by RBC Capital Markets. SunTrust maintained the stock with “Hold” rating in Friday, October 27 report. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. As per Monday, October 2, the company rating was maintained by RBC Capital Markets. RBC Capital Markets downgraded Markel Corporation (NYSE:MKL) on Friday, August 7 to “” rating. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with “Hold”. The company was maintained on Thursday, August 4 by SunTrust. The stock of Markel Corporation (NYSE:MKL) earned “Buy” rating by William Blair on Monday, March 19. As per Wednesday, February 7, the company rating was maintained by RBC Capital Markets.

Markel Corporation (NYSE:MKL) Institutional Positions Chart

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