Alleghany Corporation (Y) : Moon Capital Management reduced its stake in Alleghany Corporation by 0.63% during the most recent quarter end. The investment management company now holds a total of 6,316 shares of Alleghany Corporation which is valued at $3,204,486 after selling 40 shares in Alleghany Corporation , the firm said in a disclosure report filed with the SEC on Apr 13, 2016.Alleghany Corporation makes up approximately 4.04% of Moon Capital Management’s portfolio.
Alleghany Corporation opened for trading at $506.01 and hit $510.54 on the upside on Monday, eventually ending the session at $508.79, with a gain of 0.28% or 1.43 points. The heightened volatility saw the trading volume jump to 27,699 shares. Company has a market cap of $7,858 M.
Other Hedge Funds, Including , Menlo Advisors reduced its stake in Y by selling 40 shares or 0.43% in the most recent quarter. The Hedge Fund company now holds 9,195 shares of Y which is valued at $4,665,175. Alleghany Corporation makes up approx 4.22% of Menlo Advisors’s portfolio. Lenox Wealth Advisors sold out all of its stake in Y during the most recent quarter. The investment firm sold 3 shares of Y which is valued $1,522.Creative Planning reduced its stake in Y by selling 60 shares or 4.39% in the most recent quarter. The Hedge Fund company now holds 1,307 shares of Y which is valued at $637,019. Alleghany Corporation makes up approx 0.01% of Creative Planning’s portfolio.
On the company’s financial health, Alleghany Corporation reported $8.84 EPS for the quarter, beating the analyst consensus estimate by $ 2.15 according to the earnings call on Feb 23, 2016. Analyst had a consensus of $6.69.During the same quarter in the previous year, the company posted $8.61 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 Companys 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. AIHLs 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).