Gratry & Company Decreased Ing Groep N.V. (ING) Position by $395,680; Heritage Wealth Advisors Lowered Its Markel (MKL) Position by $917,280; Share Price Rose

June 18, 2018 - By Louis Casey

ING Groep N.V. (NYSE:ING) Logo

Heritage Wealth Advisors decreased its stake in Markel Corp (MKL) by 3.82% based on its latest 2018Q1 regulatory filing with the SEC. Heritage Wealth Advisors sold 784 shares as the company’s stock rose 0.57% while stock markets declined. The institutional investor held 19,723 shares of the property-casualty insurers company at the end of 2018Q1, valued at $23.08 million, down from 20,507 at the end of the previous reported quarter. Heritage Wealth Advisors who had been investing in Markel Corp for a number of months, seems to be less bullish one the $15.46B market cap company. The stock increased 1.19% or $13.1 during the last trading session, reaching $1113. About 52,116 shares traded or 74.59% up from the average. Markel Corporation (NYSE:MKL) has risen 14.67% since June 18, 2017 and is uptrending. It has outperformed by 2.10% the S&P500. Some Historical MKL News: 10/05/2018 – Boost Insurance Secures Dedicated Reinsurance Capacity Built To Power Insurtech Startups; 24/04/2018 – CORRECT: MARKEL 1Q LOSS/SHR $4.25; 13/03/2018 – MARKEL APPOINTS JULIA CHU AS CHIEF GLOBAL CEDED REINSURANCE OFFICER; 24/04/2018 – MARKEL 1Q NET PREMIUMS EARNED $1.15B; 30/04/2018 – Markel Appoints Senior Yacht Underwriter; 10/05/2018 – Boost Insurance Secures Dedicated Reinsurance Capacity Built To Power lnsurtech Startups; 21/05/2018 – Markel Closes Above 50-Day Moving Average: Technicals; 24/04/2018 – MARKEL 1Q LOSS/SHR $4.25, EST. EPS $8.97; 14/03/2018 – A.M. Best Assigns Indicative Issue Credit Ratings to Markel Corporation’s New Shelf Registration; 14/03/2018 – A.M. Best Assigns lndicative Issue Credit Ratings to Markel Corporation’s New Shelf Registration




Gratry & Company Llc decreased its stake in Ing Groep N.V. (ING) by 15.5% based on its latest 2018Q1 regulatory filing with the SEC. Gratry & Company Llc sold 24,730 shares as the company’s stock declined 16.05% with the market. The institutional investor held 134,843 shares of the finance company at the end of 2018Q1, valued at $2.28M, down from 159,573 at the end of the previous reported quarter. Gratry & Company Llc who had been investing in Ing Groep N.V. for a number of months, seems to be less bullish one the $57.62 billion market cap company. The stock decreased 0.81% or $0.12 during the last trading session, reaching $14.62. About 3.10M shares traded or 5.22% up from the average. ING Groep N.V. (NYSE:ING) has declined 10.57% since June 18, 2017 and is downtrending. It has underperformed by 23.14% the S&P500. Some Historical ING News: 25/05/2018 – EU agrees new capital rules, large banks secure easier terms; 26/04/2018 – XIOR STUDENT HOUSING NV XIOR.BR : ING RAISES TO BUY FROM HOLD; 08/05/2018 – MEDIA-ING Groep to expand debt capital markets business into US – FT; 08/03/2018 – ING Proposes More Than 50% Increase in Hamers’s Pay (Correct); 10/04/2018 – SHINHAN FINANCIAL SAYS NO DECISION HAS BEEN MADE ON ING LIFE; 09/04/2018 – GECINA SA GFCP.PA – GECINA CONCLUDES WITH ING FRANCE THE FIRST SUSTAINABLE IMPROVEMENT LOAN INDEXED ON ITS GRESB RATING; 13/03/2018 – ING completes acquisition of majority stake in Payvision; 09/03/2018 – DUTCH PM RUTTE SAYS ING CEO PAY PROPOSAL IS `EXCESSIVE’; 24/05/2018 – POLMED SA POMP.WA – SIGNS 32 MLN ZLOTY LOAN AGREEMENT WITH ING BANK ŚLĄ; 14/05/2018 – ♫ Reuters Insider – HSBC in blockchain first with trade finance deal

More news for ING Groep N.V. (NYSE:ING) were recently published by: Prnewswire.com, which released: “ING Leads Inaugural $185 Million Syndicated Financing for Auramet” on June 06, 2018. Seekingalpha.com‘s article titled: “Can The ING Tortoise Grow Into A Hare?” and published on June 08, 2018 is yet another important article.

Among 9 analysts covering ING Groep N.V. (NYSE:ING), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. ING Groep N.V. had 10 analyst reports since August 27, 2015 according to SRatingsIntel. The stock of ING Groep N.V. (NYSE:ING) has “Buy” rating given on Friday, February 5 by Kepler Cheuvreux. The rating was maintained by Deutsche Bank on Tuesday, June 20 with “Buy”. As per Friday, October 9, the company rating was initiated by Natixis. The rating was upgraded by Deutsche Bank to “Buy” on Thursday, August 27. Independent Research downgraded the stock to “Hold” rating in Wednesday, December 7 report. The rating was downgraded by Morgan Stanley on Thursday, March 31 to “Underweight”. The rating was upgraded by RBC Capital Markets on Friday, September 23 to “Outperform”. The stock has “Neutral” rating by Goldman Sachs on Tuesday, January 17. HSBC downgraded the shares of ING in report on Wednesday, May 31 to “Hold” rating.

Another recent and important Markel Corporation (NYSE:MKL) news was published by Gurufocus.com which published an article titled: “Report: Developing Opportunities within Abbott Laboratories, Markel, Microsoft, Gazit-Globe, National General, and …” on June 14, 2018.

Analysts await Markel Corporation (NYSE:MKL) to report earnings on July, 25. They expect $8.59 EPS, down 13.58% or $1.35 from last year’s $9.94 per share. MKL’s profit will be $119.34M for 32.39 P/E if the $8.59 EPS becomes a reality. After $11.39 actual EPS reported by Markel Corporation for the previous quarter, Wall Street now forecasts -24.58% negative EPS growth.

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 firm has “Hold” rating given on Monday, August 28 by RBC Capital Markets. On Thursday, August 4 the stock rating was maintained by SunTrust with “Neutral”. RBC Capital Markets maintained the shares of MKL in report on Wednesday, February 7 with “Hold” rating. SunTrust maintained the stock with “Hold” rating in Friday, October 27 report. RBC Capital Markets maintained it with “Hold” rating and $105000 target in Thursday, July 27 report. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of Markel Corporation (NYSE:MKL) has “Hold” rating given on Wednesday, February 7 by SunTrust. As per Friday, August 7, the company rating was downgraded by RBC Capital Markets. The stock has “Buy” rating by Boenning & Scattergood on Wednesday, July 26. The stock of Markel Corporation (NYSE:MKL) earned “Buy” rating by William Blair on Monday, March 19.

Since January 4, 2018, it had 1 insider purchase, and 17 sales for $3.28 million activity. Shares for $219,768 were sold by Whitt Richard R III. Crouch Nora N sold $103,642 worth of stock or 90 shares. MARKEL ANTHONY F had sold 48 shares worth $53,770. Schewel Michael Jay also bought $250,853 worth of Markel Corporation (NYSE:MKL) shares. Shares for $114,902 were sold by KIRSHNER ALAN I.

Investors sentiment decreased to 0.86 in 2018 Q1. Its down 0.22, from 1.08 in 2017Q4. It turned negative, as 17 investors sold MKL shares while 149 reduced holdings. 46 funds opened positions while 97 raised stakes. 10.35 million shares or 1.44% less from 10.50 million shares in 2017Q4 were reported. Chilton Capital Lc holds 0.03% of its portfolio in Markel Corporation (NYSE:MKL) for 250 shares. Morgan Stanley reported 103,546 shares stake. 34 are owned by North Star Management Corporation. 6,253 were accumulated by Redmond Asset Mngmt Ltd Company. American Group Incorporated reported 791 shares. Westwood Hldg Group has invested 0.08% of its portfolio in Markel Corporation (NYSE:MKL). Wills Grp accumulated 215 shares. Beck Mack & Oliver Limited Liability Co stated it has 74,384 shares or 2.93% of all its holdings. Covington Cap Mgmt holds 0.01% or 70 shares in its portfolio. Invesco Limited invested in 0.02% or 42,718 shares. Teacher Retirement Systems Of Texas holds 0.02% or 3,071 shares in its portfolio. Ls Invest Advsrs Ltd Liability Corporation reported 346 shares. Cap Research Glob holds 0.09% of its portfolio in Markel Corporation (NYSE:MKL) for 280,344 shares. Orrstown Fin Svcs Inc holds 0% or 2 shares. Barr E S Communication holds 68,320 shares.

Markel Corporation (NYSE:MKL) Institutional Positions Chart

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