Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its position in Alleghany Corporation (NYSE:Y) by 0.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,253 shares of the insurance provider’s stock after selling 2 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Alleghany Corporation were worth $1,340,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Financial Architects Inc boosted its position in Alleghany Corporation by 2.9% in the 2nd quarter. Financial Architects Inc now owns 175 shares of the insurance provider’s stock valued at $104,000 after buying an additional 5 shares during the last quarter. Cadence Capital Management LLC boosted its position in Alleghany Corporation by 1.0% in the 2nd quarter. Cadence Capital Management LLC now owns 491 shares of the insurance provider’s stock valued at $292,000 after buying an additional 5 shares during the last quarter. IHT Wealth Management LLC boosted its position in Alleghany Corporation by 9.3% in the 1st quarter. IHT Wealth Management LLC now owns 165 shares of the insurance provider’s stock valued at $101,000 after buying an additional 14 shares during the last quarter. World Asset Management Inc boosted its position in Alleghany Corporation by 1.9% in the 2nd quarter. World Asset Management Inc now owns 1,025 shares of the insurance provider’s stock valued at $610,000 after buying an additional 19 shares during the last quarter. Finally, Creative Planning boosted its position in Alleghany Corporation by 1.2% in the 2nd quarter. Creative Planning now owns 2,351 shares of the insurance provider’s stock valued at $1,398,000 after buying an additional 28 shares during the last quarter. 81.82% of the stock is owned by institutional investors.

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Alleghany Corporation (Y) opened at 540.73 on Friday. Alleghany Corporation has a 12 month low of $510.52 and a 12 month high of $667.19. The stock’s 50 day moving average is $586.13 and its 200 day moving average is $601.72. The company has a market cap of $8.34 billion, a PE ratio of 17.52 and a beta of 0.95.

Alleghany Corporation (NYSE:Y) last posted its quarterly earnings results on Thursday, August 3rd. The insurance provider reported $6.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.10 by $1.73. The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.39 billion. Alleghany Corporation had a return on equity of 5.70% and a net margin of 7.74%. The business’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.99 earnings per share. Equities analysts predict that Alleghany Corporation will post $28.17 earnings per share for the current year.

Several brokerages have recently commented on Y. BidaskClub raised shares of Alleghany Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th. Credit Suisse Group reaffirmed a “hold” rating on shares of Alleghany Corporation in a research report on Tuesday, July 11th. Finally, Zacks Investment Research cut shares of Alleghany Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th.

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).

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

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