Dupont Capital Management Corp Has $682,000 Holdings in Alleghany Co. (Y)

Dupont Capital Management Corp boosted its stake in shares of Alleghany Co. (NYSE:Y) by 7.0% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,114 shares of the insurance provider’s stock after purchasing an additional 73 shares during the period. Dupont Capital Management Corp’s holdings in Alleghany were worth $682,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Martingale Asset Management L P lifted its stake in Alleghany by 6.2% in the third quarter. Martingale Asset Management L P now owns 4,283 shares of the insurance provider’s stock valued at $2,796,000 after buying an additional 251 shares during the period. Legal & General Group Plc lifted its stake in Alleghany by 5.0% in the third quarter. Legal & General Group Plc now owns 94,091 shares of the insurance provider’s stock valued at $61,366,000 after buying an additional 4,481 shares during the period. Federated Investors Inc. PA lifted its stake in Alleghany by 1,068.8% in the third quarter. Federated Investors Inc. PA now owns 69,298 shares of the insurance provider’s stock valued at $45,219,000 after buying an additional 63,369 shares during the period. State of Alaska Department of Revenue lifted its stake in Alleghany by 13.1% in the fourth quarter. State of Alaska Department of Revenue now owns 3,205 shares of the insurance provider’s stock valued at $1,996,000 after buying an additional 371 shares during the period. Finally, DNB Asset Management AS acquired a new position in Alleghany in the fourth quarter valued at approximately $7,030,000. 83.54% of the stock is currently owned by institutional investors.

Y has been the topic of several recent analyst reports. Zacks Investment Research raised Alleghany from a “sell” rating to a “hold” rating in a research note on Saturday, January 12th. Canaccord Genuity raised Alleghany to a “buy” rating in a research note on Wednesday, February 13th. JMP Securities boosted their price target on Alleghany from $675.00 to $690.00 and gave the company a “market outperform” rating in a research note on Thursday, February 21st. Finally, ValuEngine lowered Alleghany from a “buy” rating to a “hold” rating in a research note on Saturday, February 23rd.

In other news, Director Phillip M. Martineau sold 230 shares of the business’s stock in a transaction that occurred on Friday, March 29th. The stock was sold at an average price of $613.47, for a total transaction of $141,098.10. Following the completion of the sale, the director now owns 3,549 shares in the company, valued at $2,177,205.03. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director William K. Lavin sold 518 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $615.56, for a total value of $318,860.08. Following the sale, the director now owns 2,675 shares of the company’s stock, valued at approximately $1,646,623. The disclosure for this sale can be found here. Insiders own 3.44% of the company’s stock.

NYSE Y opened at $678.35 on Friday. The company has a market cap of $9.58 billion, a PE ratio of 42.06 and a beta of 0.77. Alleghany Co. has a 52 week low of $558.50 and a 52 week high of $678.35. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.22.

Alleghany (NYSE:Y) last released its quarterly earnings data on Tuesday, May 7th. The insurance provider reported $9.66 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $9.51 by $0.15. The firm had revenue of $2.32 billion during the quarter. Alleghany had a return on equity of 2.94% and a net margin of 0.57%. The company’s revenue was up 46.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $11.24 EPS. On average, equities analysts anticipate that Alleghany Co. will post 36 earnings per share for the current fiscal year.

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Alleghany Company Profile

Alleghany Corporation provides property and casualty reinsurance and insurance products in the United States and internationally. The company operates in three segments: Reinsurance, Insurance, and Alleghany Capital. The Reinsurance segment offers fire, allied lines, auto physical damage, and homeowners multiple peril reinsurance products; and casualty and other reinsurance products, such as medical malpractice, ocean marine and aviation, accident and health, mortgage, surety, and credit reinsurance products, as well as directors' and officers', errors and omissions, general, and auto liability reinsurance.

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Institutional Ownership by Quarter for Alleghany (NYSE:Y)

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