Kiltearn Partners Llp buys $131.7 Million stake in Alleghany Corporation (Y)

Alleghany Corporation (Y) : Kiltearn Partners Llp scooped up 7,900 additional shares in Alleghany Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 250,480 shares of Alleghany Corporation which is valued at $131.7 Million.Alleghany Corporation makes up approximately 5.61% of Kiltearn Partners Llp’s portfolio.

Other Hedge Funds, Including , Eaton Vance Management boosted its stake in Y in the latest quarter, The investment management firm added 101,621 additional shares and now holds a total of 108,591 shares of Alleghany Corporation which is valued at $57.1 Million. Alleghany Corporation makes up approx 0.18% of Eaton Vance Management’s portfolio.Proshare Advisors reduced its stake in Y by selling 302 shares or 7.56% in the most recent quarter. The Hedge Fund company now holds 3,694 shares of Y which is valued at $1.9 Million. Alleghany Corporation makes up approx 0.03% of Proshare Advisors’s portfolio.Diam Ltd. boosted its stake in Y in the latest quarter, The investment management firm added 162 additional shares and now holds a total of 3,949 shares of Alleghany Corporation which is valued at $2 Million. Alleghany Corporation makes up approx 0.03% of Diam Ltd.’s portfolio.First Eagle Investment Management boosted its stake in Y in the latest quarter, The investment management firm added 1,529 additional shares and now holds a total of 557,879 shares of Alleghany Corporation which is valued at $289.5 Million. Alleghany Corporation makes up approx 0.72% of First Eagle Investment Management’s portfolio.

Alleghany Corporation opened for trading at $530 and hit $531.1086 on the upside on Friday, eventually ending the session at $529.41, with a gain of 0.02% or 0.08 points. The heightened volatility saw the trading volume jump to 64,149 shares. Company has a market cap of $8,173 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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