Moon Capital Management Lowers stake in Alleghany Corporation (Y)

Alleghany Corporation (Y) : Moon Capital Management reduced its stake in Alleghany Corporation by 3.34% during the most recent quarter end. The investment management company now holds a total of 6,105 shares of Alleghany Corporation which is valued at $3,322,707 after selling 211 shares in Alleghany Corporation , the firm said in a disclosure report filed with the SEC on Jul 19, 2016.Alleghany Corporation makes up approximately 4.01% of Moon Capital Management’s portfolio.

Other Hedge Funds, Including , First Quadrant L Pca boosted its stake in Y in the latest quarter, The investment management firm added 1,600 additional shares and now holds a total of 2,897 shares of Alleghany Corporation which is valued at $1,576,721. Alleghany Corporation makes up approx 0.03% of First Quadrant L Pca’s portfolio.Marathon Asset Management Llp boosted its stake in Y in the latest quarter, The investment management firm added 2,645 additional shares and now holds a total of 148,097 shares of Alleghany Corporation which is valued at $80,705,460. Alleghany Corporation makes up approx 1.67% of Marathon Asset Management Llp’s portfolio.Creative Planning boosted its stake in Y in the latest quarter, The investment management firm added 10 additional shares and now holds a total of 1,317 shares of Alleghany Corporation which is valued at $722,822. Alleghany Corporation makes up approx 0.01% of Creative Planning’s portfolio.Weaver C. Barksdale Associates boosted its stake in Y in the latest quarter, The investment management firm added 20 additional shares and now holds a total of 62 shares of Alleghany Corporation which is valued at $34,028. Alleghany Corporation makes up approx 0.06% of Weaver C. Barksdale Associates’s portfolio.

Alleghany Corporation opened for trading at $543.46 and hit $547.4 on the upside on Wednesday, eventually ending the session at $544.26, with a gain of 0.06% or 0.32 points. The heightened volatility saw the trading volume jump to 27,125 shares. Company has a market cap of $8,403 M.

On the company’s financial health, Alleghany Corporation reported $9.32 EPS for the quarter, beating the analyst consensus estimate by $ 1.82 according to the earnings call on May 5, 2016. Analyst had a consensus of $7.50.Analysts expectations of $ 1570.10.During the same quarter in the previous year, the company posted $7.82 EPS.

Alleghany Corporation owns and manages its subsidiaries and investments in the property and casualty reinsurance and insurance business. The Company operates through two segments: reinsurance and insurance. The Company’s reinsurance segment consists of the reinsurance operations of its subsidiary Transatlantic Holdings Inc. and its reinsurance operating subsidiaries. The Company through its wholly owned subsidiary Alleghany Insurance Holdings LLC (AIHL) and its subsidiaries provides property and casualty insurance services. AIHL’s insurance operations are principally conducted by its subsidiaries RSUI Group Inc. CapSpecialty Inc. and Pacific Compensation Corporation. AIHL Re LLC a wholly owned subsidiary of the Company provides captive reinsurance to its insurance operating subsidiaries and affiliates. The Company manages sources executes and monitors certain private capital investments primarily through its wholly owned subsidiary Alleghany Capital Corporation (ACC).

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