Alleghany Corporation (Y) : Speece Thorson Capital Group Inc scooped up 521 additional shares in Alleghany Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 35,619 shares of Alleghany Corporation which is valued at $18,567,472.Alleghany Corporation makes up approximately 4.11% of Speece Thorson Capital Group Inc’s portfolio.
Alleghany Corporation opened for trading at $522 and hit $527.57 on the upside on Monday, eventually ending the session at $525.7, with a gain of 0.85% or 4.42 points. The heightened volatility saw the trading volume jump to 66,170 shares. Company has a market cap of $8,119 M.
Other Hedge Funds, Including , New York State Teachers Retirement System reduced its stake in Y by selling 100 shares or 0.44% in the most recent quarter. The Hedge Fund company now holds 22,600 shares of Y which is valued at $11,584,760. Alleghany Corporation makes up approx 0.03% of New York State Teachers Retirement System’s portfolio.Capital One National Association boosted its stake in Y in the latest quarter, The investment management firm added 28 additional shares and now holds a total of 1,107 shares of Alleghany Corporation which is valued at $567,448. Alleghany Corporation makes up approx 0.05% of Capital One National Association’s portfolio.Moon Capital Management reduced its stake in Y by selling 40 shares or 0.63% in the most recent quarter. The Hedge Fund company now holds 6,316 shares of Y which is valued at $3,204,486. Alleghany Corporation makes up approx 4.04% of Moon Capital Management’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).