Thompson Siegel & Walmsley LLC Purchases 9,951 Shares of Alleghany Corporation (Y)

Thompson Siegel & Walmsley LLC increased its position in shares of Alleghany Corporation (NYSE:Y) by 4.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 223,303 shares of the insurance provider’s stock after buying an additional 9,951 shares during the period. Alleghany Corporation accounts for approximately 1.5% of Thompson Siegel & Walmsley LLC’s holdings, making the stock its 8th biggest position. Thompson Siegel & Walmsley LLC owned about 1.45% of Alleghany Corporation worth $123,712,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of Y. FMR LLC raised its stake in Alleghany Corporation by 3.8% during the 1st quarter. FMR LLC now owns 12,831 shares of the insurance provider’s stock valued at $7,887,000 after purchasing an additional 465 shares during the last quarter. Teachers Advisors LLC raised its stake in Alleghany Corporation by 5.8% during the 1st quarter. Teachers Advisors LLC now owns 17,830 shares of the insurance provider’s stock valued at $10,959,000 after purchasing an additional 982 shares during the last quarter. Mn Services Vermogensbeheer B.V. raised its stake in Alleghany Corporation by 508.8% during the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 2,502 shares of the insurance provider’s stock valued at $1,488,000 after purchasing an additional 2,091 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in Alleghany Corporation by 4.6% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 5,666 shares of the insurance provider’s stock valued at $3,370,000 after purchasing an additional 247 shares during the last quarter. Finally, Aperio Group LLC raised its stake in Alleghany Corporation by 6.3% during the 2nd quarter. Aperio Group LLC now owns 6,234 shares of the insurance provider’s stock valued at $3,708,000 after purchasing an additional 370 shares during the last quarter. 81.81% of the stock is owned by institutional investors and hedge funds.

Y has been the subject of a number of recent research reports. BidaskClub upgraded shares of Alleghany Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. Zacks Investment Research cut shares of Alleghany Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Finally, JMP Securities upgraded shares of Alleghany Corporation from a “market perform” rating to an “outperform” rating and set a $625.00 price objective for the company in a research note on Monday, September 11th.

Alleghany Corporation (Y) traded down $8.15 on Monday, hitting $566.60. 48,200 shares of the stock traded hands, compared to its average volume of 50,147. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.27 and a current ratio of 0.27. Alleghany Corporation has a fifty-two week low of $521.07 and a fifty-two week high of $667.19.

Alleghany Corporation (NYSE:Y) last posted its earnings results on Thursday, November 2nd. The insurance provider reported ($22.03) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($28.83) by $6.80. Alleghany Corporation had a net margin of 0.10% and a negative return on equity of 0.14%. The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the prior year, the firm earned $10.09 EPS. analysts expect that Alleghany Corporation will post -0.24 earnings per share for the current year.

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Alleghany Corporation Profile

Alleghany Corporation is an insurance holding company. The Company, through its subsidiary Alleghany Insurance Holdings LLC (AIHL) and its subsidiaries, is engaged in the property and casualty insurance business. AIHL’s insurance operations are conducted by its subsidiaries RSUI Group, Inc (RSUI), CapSpecialty, Inc (CapSpecialty) and Pacific Compensation Corporation (PacificComp).

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Institutional Ownership by Quarter for Alleghany Corporation (NYSE:Y)

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