Rothschild Asset Management Inc. boosted its holdings in shares of Alleghany Corporation (NYSE:Y) by 7.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,105 shares of the insurance provider’s stock after purchasing an additional 3,749 shares during the period. Rothschild Asset Management Inc. owned about 0.33% of Alleghany Corporation worth $28,313,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in Y. FMR LLC boosted its position in shares of Alleghany Corporation by 3.8% during the first quarter. FMR LLC now owns 12,831 shares of the insurance provider’s stock worth $7,887,000 after purchasing an additional 465 shares in the last quarter. Aperio Group LLC boosted its position in shares of Alleghany Corporation by 6.3% during the second quarter. Aperio Group LLC now owns 6,234 shares of the insurance provider’s stock worth $3,708,000 after purchasing an additional 370 shares in the last quarter. State Treasurer State of Michigan boosted its position in shares of Alleghany Corporation by 1.6% during the second quarter. State Treasurer State of Michigan now owns 6,400 shares of the insurance provider’s stock worth $3,807,000 after purchasing an additional 100 shares in the last quarter. Forsta AP Fonden boosted its position in shares of Alleghany Corporation by 23.2% during the second quarter. Forsta AP Fonden now owns 10,625 shares of the insurance provider’s stock worth $6,320,000 after purchasing an additional 2,000 shares in the last quarter. Finally, APG Asset Management N.V. boosted its position in shares of Alleghany Corporation by 0.9% during the second quarter. APG Asset Management N.V. now owns 138,451 shares of the insurance provider’s stock worth $82,351,000 after purchasing an additional 1,300 shares in the last quarter. Hedge funds and other institutional investors own 81.81% of the company’s stock.

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Several research firms recently commented on Y. BidaskClub raised shares of Alleghany Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. Zacks Investment Research raised shares of Alleghany Corporation from a “sell” rating to a “hold” rating in a research report on Monday, November 13th. Finally, JMP Securities raised shares of Alleghany Corporation from a “market perform” rating to an “outperform” rating and set a $625.00 price objective on the stock in a research report on Monday, September 11th.

Shares of Alleghany Corporation (NYSE Y) traded down $2.64 during trading hours on Wednesday, reaching $557.78. 84,800 shares of the company’s stock traded hands, compared to its average volume of 50,402. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.18. Alleghany Corporation has a 52-week low of $521.07 and a 52-week high of $667.19.

Alleghany Corporation (NYSE:Y) last announced its quarterly earnings results on Thursday, November 2nd. The insurance provider reported ($22.03) EPS for the quarter, beating the Zacks’ 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 business earned $10.09 EPS. equities analysts forecast that Alleghany Corporation will post -0.24 EPS for the current fiscal 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).

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

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