Cobblestone Capital Advisors Upped Its Markel (MKL) Stake; PPG Industries Has 0.8 Sentiment

November 24, 2017 - By Linda Rogers

PPG Industries, Inc. manufactures and distributes a range of coatings and specialty materials. The company has market cap of $29.32 billion. The Firm has two divisions: Performance Coatings and Industrial Coatings. It has a 22.95 P/E ratio. The Performance Coatings segment includes the refinish, aerospace, protective and marine, architectural businesses.

Cobblestone Capital Advisors Llc increased Markel Corp (MKL) stake by 20.1% reported in 2017Q2 SEC filing. Cobblestone Capital Advisors Llc acquired 1,647 shares as Markel Corp (MKL)’s stock declined 1.12%. The Cobblestone Capital Advisors Llc holds 9,839 shares with $9.60 million value, up from 8,192 last quarter. Markel Corp now has $14.94 billion valuation. The stock decreased 0.41% or $4.42 on November 22, reaching $1080.12. About shares traded. Markel Corporation (NYSE:MKL) has declined 1.06% since November 24, 2016 and is downtrending. It has underperformed by 17.76% the S&P500.

Cobblestone Capital Advisors Llc decreased M&T Bank Corp (NYSE:MTB) stake by 1,890 shares to 5,871 valued at $951,000 in 2017Q2. It also reduced Vanguard S&P 500 Index Fund Et (VOO) stake by 6,442 shares and now owns 24,193 shares. Novo Nordisk A/S (NYSE:NVO) was reduced too.

Investors sentiment increased to 1.06 in 2017 Q2. Its up 0.07, from 0.99 in 2017Q1. It increased, as 13 investors sold MKL shares while 137 reduced holdings. 42 funds opened positions while 117 raised stakes. 10.42 million shares or 0.39% more from 10.38 million shares in 2017Q1 were reported. Moreover, Psagot Investment House has 0% invested in Markel Corporation (NYSE:MKL) for 23 shares. Victory Capital Mgmt stated it has 152,757 shares or 0.35% of all its holdings. 18,951 were reported by Community Trust. Moreover, Parametrica has 0.38% invested in Markel Corporation (NYSE:MKL). Aqr Ltd accumulated 0.01% or 9,472 shares. Meiji Yasuda Asset Mgmt Ltd stated it has 0.17% of its portfolio in Markel Corporation (NYSE:MKL). Nomura Asset Mgmt Ltd holds 0.03% of its portfolio in Markel Corporation (NYSE:MKL) for 1,936 shares. Redmond Asset Limited Liability Corp reported 2.98% of its portfolio in Markel Corporation (NYSE:MKL). Adirondack Trust reported 0% in Markel Corporation (NYSE:MKL). City Communication holds 0.02% in Markel Corporation (NYSE:MKL) or 56 shares. 487 are held by Buffington Mohr Mcneal. Commerzbank Aktiengesellschaft Fi reported 739 shares stake. Mar Vista Investment Llc has 115,784 shares. Daiwa Group owns 400 shares. Schroder Inv Mgmt Group has invested 0% in Markel Corporation (NYSE:MKL).

Among 4 analysts covering Markel Corporation (NYSE:MKL), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Markel Corporation had 9 analyst reports since August 7, 2015 according to SRatingsIntel. On Thursday, April 14 the stock rating was upgraded by William Blair to “Outperform”. The company was downgraded on Friday, August 7 by RBC Capital Markets. RBC Capital Markets maintained it with “Hold” rating and $97500 target in Monday, July 10 report. As per Monday, August 28, the company rating was maintained by RBC Capital Markets. SunTrust maintained the stock with “Neutral” rating in Thursday, August 4 report. The rating was maintained by RBC Capital Markets on Thursday, July 27 with “Hold”. The stock of Markel Corporation (NYSE:MKL) earned “Hold” rating by RBC Capital Markets on Monday, October 2. SunTrust maintained Markel Corporation (NYSE:MKL) rating on Friday, October 27. SunTrust has “Hold” rating and $1100.0 target. Boenning & Scattergood maintained it with “Buy” rating and $105000 target in Wednesday, July 26 report.

Analysts await PPG Industries, Inc. (NYSE:PPG) to report earnings on January, 18. They expect $1.21 EPS, up 1.68% or $0.02 from last year’s $1.19 per share. PPG’s profit will be $307.77 million for 23.82 P/E if the $1.21 EPS becomes a reality. After $1.52 actual EPS reported by PPG Industries, Inc. for the previous quarter, Wall Street now forecasts -20.39% negative EPS growth.

The stock decreased 0.03% or $0.03 on November 22, reaching $115.27. About shares traded. PPG Industries, Inc. (PPG) has risen 1.03% since November 24, 2016 and is uptrending. It has underperformed by 15.67% the S&P500.

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