Alleghany Corporation (Y) Shares Sold by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. cut its position in Alleghany Corporation (NYSE:Y) by 0.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,562 shares of the insurance provider’s stock after selling 244 shares during the quarter. Alleghany Corporation comprises approximately 6.6% of Mraz Amerine & Associates Inc.’s holdings, making the stock its 3rd biggest position. Mraz Amerine & Associates Inc. owned approximately 0.24% of Alleghany Corporation worth $20,810,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in Alleghany Corporation by 14.9% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 4,750 shares of the insurance provider’s stock worth $2,825,000 after purchasing an additional 616 shares during the period. JPMorgan Chase & Co. boosted its position in Alleghany Corporation by 1.6% during the second quarter. JPMorgan Chase & Co. now owns 345,474 shares of the insurance provider’s stock worth $205,487,000 after purchasing an additional 5,434 shares during the period. Commonwealth Bank of Australia boosted its position in Alleghany Corporation by 1,470.6% during the second quarter. Commonwealth Bank of Australia now owns 1,602 shares of the insurance provider’s stock worth $952,000 after purchasing an additional 1,500 shares during the period. Canada Pension Plan Investment Board boosted its position in Alleghany Corporation by 28.6% during the second quarter. Canada Pension Plan Investment Board now owns 900 shares of the insurance provider’s stock worth $535,000 after purchasing an additional 200 shares during the period. Finally, Findlay Park Partners LLP boosted its position in Alleghany Corporation by 24.1% during the second quarter. Findlay Park Partners LLP now owns 202,142 shares of the insurance provider’s stock worth $120,234,000 after purchasing an additional 39,234 shares during the period. 81.72% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have commented on Y shares. BidaskClub raised shares of Alleghany Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. JMP Securities raised 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 report on Monday, September 11th. Finally, Zacks Investment Research downgraded Alleghany Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th.

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Alleghany Corporation (NYSE:Y) traded down $5.93 on Friday, hitting $579.61. The stock had a trading volume of 44,700 shares, compared to its average volume of 72,345. Alleghany Corporation has a 12 month low of $521.07 and a 12 month high of $667.19. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.27 and a quick ratio of 0.27.

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 Zacks’ consensus estimate of ($28.83) by $6.80. Alleghany Corporation had a negative return on equity of 0.14% and a net margin of 0.10%. The company had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter last year, the firm earned $10.09 earnings per share. sell-side analysts predict that Alleghany Corporation will post -0.24 EPS for the current year.

About Alleghany Corporation

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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