Stock News

As American Airls Group (AAL) Market Valuation Declined, Glendon Capital Management LP Has Trimmed Its Holding; Mraz Amerine & Associates Has Cut Markel (MKL) Stake as Share Price Rose

Markel Corporation (NYSE:MKL) Logo

Mraz Amerine & Associates Inc decreased its stake in Markel Corp (MKL) by 2.03% based on its latest 2017Q4 regulatory filing with the SEC. Mraz Amerine & Associates Inc sold 342 shares as the company’s stock rose 1.98% while stock markets declined. The institutional investor held 16,482 shares of the property-casualty insurers company at the end of 2017Q4, valued at $18.78 million, down from 16,824 at the end of the previous reported quarter. Mraz Amerine & Associates Inc who had been investing in Markel Corp for a number of months, seems to be less bullish one the $15.72 billion market cap company. The stock increased 0.76% or $8.55 during the last trading session, reaching $1131.56. About 13,062 shares traded. Markel Corporation (NYSE:MKL) has risen 20.36% since May 18, 2017 and is uptrending. It has outperformed by 8.81% the S&P500.

Glendon Capital Management Lp decreased its stake in American Airls Group Inc (AAL) by 10% based on its latest 2017Q4 regulatory filing with the SEC. Glendon Capital Management Lp sold 7,096 shares as the company’s stock declined 3.21% with the market. The institutional investor held 63,866 shares of the transportation company at the end of 2017Q4, valued at $3.32 million, down from 70,962 at the end of the previous reported quarter. Glendon Capital Management Lp who had been investing in American Airls Group Inc for a number of months, seems to be less bullish one the $20.30 billion market cap company. The stock decreased 0.62% or $0.27 during the last trading session, reaching $43.36. About 2.55 million shares traded. American Airlines Group Inc. (NASDAQ:AAL) has risen 21.95% since May 18, 2017 and is uptrending. It has outperformed by 10.40% the S&P500.

Analysts await American Airlines Group Inc. (NASDAQ:AAL) to report earnings on July, 27. They expect $1.76 EPS, down 8.33% or $0.16 from last year’s $1.92 per share. AAL’s profit will be $823.94 million for 6.16 P/E if the $1.76 EPS becomes a reality. After $0.75 actual EPS reported by American Airlines Group Inc. for the previous quarter, Wall Street now forecasts 134.67% EPS growth.

More notable recent American Airlines Group Inc. (NASDAQ:AAL) news were published by: 247Wallst.com which released: “United Continental CFO Leaves Instead of CEO” on May 17, 2018, also Seekingalpha.com with their article: “American Airlines: I Placed Too Much Importance On High Debt Levels” published on May 02, 2018, Seekingalpha.com published: “American Airlines nears CRJ900 deal” on May 02, 2018. More interesting news about American Airlines Group Inc. (NASDAQ:AAL) were released by: Finance.Yahoo.com and their article: “How Financially Strong Is American Airlines Group Inc (NASDAQ:AAL)?” published on April 28, 2018 as well as Investorplace.com‘s news article titled: “Why Southwest Airlines Co Stock Could Be Set to Surge at Least 20%” with publication date: May 18, 2018.

Investors sentiment increased to 0.74 in Q4 2017. Its up 0.08, from 0.66 in 2017Q3. It improved, as 57 investors sold AAL shares while 193 reduced holdings. 66 funds opened positions while 118 raised stakes. 371.06 million shares or 2.48% less from 380.49 million shares in 2017Q3 were reported. Bluemountain Mngmt Ltd accumulated 0.01% or 13,704 shares. Teewinot Capital Advisers Ltd Liability Co has 51,500 shares. Allsquare Wealth Mgmt holds 0.07% or 1,700 shares. Nuwave Invest Management Ltd Liability Corp holds 0.17% or 2,780 shares in its portfolio. Omega Inc has invested 0.35% in American Airlines Group Inc. (NASDAQ:AAL). Pictet Asset Mngmt Limited invested 0.02% of its portfolio in American Airlines Group Inc. (NASDAQ:AAL). Quantitative Inv Limited Liability Company holds 0.23% or 302,100 shares in its portfolio. Renaissance Technology Ltd Liability Co accumulated 423,632 shares or 0.02% of the stock. Suntrust Banks has invested 0.02% in American Airlines Group Inc. (NASDAQ:AAL). Guardian Life Of America holds 0.02% of its portfolio in American Airlines Group Inc. (NASDAQ:AAL) for 1,404 shares. Barnett And has invested 2.18% in American Airlines Group Inc. (NASDAQ:AAL). Menta Limited Co stated it has 4,400 shares or 0.04% of all its holdings. Bank & Trust Of Ny Mellon has invested 0.04% in American Airlines Group Inc. (NASDAQ:AAL). Systematic Management Ltd Partnership invested in 0.08% or 80,876 shares. Engineers Gate Manager LP holds 7,824 shares or 0.03% of its portfolio.

Since January 29, 2018, it had 0 insider buys, and 4 selling transactions for $4.31 million activity. KRAEMER RICHARD C sold $158,139 worth of American Airlines Group Inc. (NASDAQ:AAL) on Monday, January 29. Another trade for 5,000 shares valued at $233,600 was sold by Isom Robert D Jr. 35,182 shares were sold by HART MATTHEW J, worth $1.83M on Monday, February 5.

Among 23 analysts covering American Airlines Group (NASDAQ:AAL), 13 have Buy rating, 3 Sell and 7 Hold. Therefore 57% are positive. American Airlines Group had 81 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, September 21. The company was maintained on Monday, November 13 by Morgan Stanley. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, May 25. The stock of American Airlines Group Inc. (NASDAQ:AAL) has “Equal-Weight” rating given on Tuesday, March 29 by Stephens. The firm has “Mkt Perform” rating by Raymond James given on Wednesday, September 21. Credit Suisse upgraded the shares of AAL in report on Thursday, January 7 to “Outperform” rating. The stock of American Airlines Group Inc. (NASDAQ:AAL) has “Overweight” rating given on Wednesday, November 1 by JP Morgan. The company was maintained on Monday, October 2 by Morgan Stanley. On Thursday, June 16 the stock rating was downgraded by Bank of America to “Underperform”. The stock has “Market Perform” rating by Cowen & Co on Wednesday, January 4.

More notable recent Markel Corporation (NYSE:MKL) news were published by: Prnewswire.com which released: “Boost Insurance Secures Dedicated Reinsurance Capacity Built To Power Insurtech Startups” on May 10, 2018, also Fool.com with their article: “3 Stocks That Could Double Your Money” published on May 15, 2018, Seekingalpha.com published: “Markel Q1: Market May Be Underestimating” on May 08, 2018. More interesting news about Markel Corporation (NYSE:MKL) were released by: Fool.com and their article: “3 Stocks for Warren Buffett Fans” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “Markel (MKL) Q1 2018 Results – Earnings Call Transcript” with publication date: April 25, 2018.

Analysts await Markel Corporation (NYSE:MKL) to report earnings on July, 25. They expect $8.59 earnings per share, down 13.58% or $1.35 from last year’s $9.94 per share. MKL’s profit will be $119.34M for 32.93 P/E if the $8.59 EPS becomes a reality. After $11.39 actual earnings per share reported by Markel Corporation for the previous quarter, Wall Street now forecasts -24.58% negative EPS growth.

Mraz Amerine & Associates Inc, which manages about $353.64 million and $326.23M US Long portfolio, upped its stake in Berkshire Hathaway Inc Del (BRKA) by 792 shares to 800 shares, valued at $2.38 million in 2017Q4, according to the filing.

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. As per Thursday, April 14, the company rating was upgraded by William Blair. The firm earned “Buy” rating on Monday, March 19 by William Blair. SunTrust maintained it with “Hold” rating and $1200.0 target in Wednesday, February 7 report. The stock of Markel Corporation (NYSE:MKL) earned “Hold” rating by SunTrust on Friday, October 27. The stock of Markel Corporation (NYSE:MKL) earned “Hold” rating by RBC Capital Markets on Monday, July 10. As per Monday, August 28, the company rating was maintained by RBC Capital Markets. The company was maintained on Thursday, August 4 by SunTrust. RBC Capital Markets maintained Markel Corporation (NYSE:MKL) rating on Monday, October 2. RBC Capital Markets has “Hold” rating and $1050.0 target. RBC Capital Markets maintained it with “Hold” rating and $1200.0 target in Wednesday, February 7 report. The firm earned “Buy” rating on Wednesday, July 26 by Boenning & Scattergood.

Since January 4, 2018, it had 1 insider buy, and 14 insider sales for $2.73 million activity. On Monday, April 2 KIRSHNER ALAN I sold $114,902 worth of Markel Corporation (NYSE:MKL) or 100 shares. On Friday, February 9 Whitt Richard R III sold $318,006 worth of Markel Corporation (NYSE:MKL) or 300 shares. Shares for $53,770 were sold by MARKEL ANTHONY F. $250,853 worth of Markel Corporation (NYSE:MKL) was bought by Schewel Michael Jay on Friday, February 23.

Markel Corporation (NYSE:MKL) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *