Teachers Retirement System of The State of Kentucky Has $1.68 Million Position in Alleghany Co. (NYSE:Y)

Teachers Retirement System of The State of Kentucky cut its holdings in Alleghany Co. (NYSE:YGet Rating) by 4.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,984 shares of the insurance provider’s stock after selling 100 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Alleghany were worth $1,680,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quadrant Capital Group LLC increased its stake in shares of Alleghany by 716.7% in the first quarter. Quadrant Capital Group LLC now owns 49 shares of the insurance provider’s stock valued at $42,000 after buying an additional 43 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Alleghany in the first quarter valued at $5,082,000. Speece Thorson Capital Group Inc. increased its stake in shares of Alleghany by 13.7% in the first quarter. Speece Thorson Capital Group Inc. now owns 20,542 shares of the insurance provider’s stock valued at $17,399,000 after buying an additional 2,482 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of Alleghany by 306.9% in the first quarter. SG Americas Securities LLC now owns 4,883 shares of the insurance provider’s stock valued at $4,136,000 after buying an additional 3,683 shares in the last quarter. Finally, Ervin Investment Management LLC acquired a new stake in shares of Alleghany in the first quarter valued at $294,000. 83.43% of the stock is currently owned by institutional investors and hedge funds.

Alleghany Stock Performance

Shares of NYSE:Y opened at $841.78 on Thursday. Alleghany Co. has a twelve month low of $585.10 and a twelve month high of $862.87. The firm has a market cap of $11.33 billion, a PE ratio of 32.75 and a beta of 0.56. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.35 and a current ratio of 0.35. The business has a fifty day moving average of $839.46 and a 200-day moving average of $823.72.

Alleghany (NYSE:YGet Rating) last announced its quarterly earnings data on Thursday, August 4th. The insurance provider reported $17.28 EPS for the quarter, missing analysts’ consensus estimates of $18.15 by ($0.87). Alleghany had a return on equity of 8.41% and a net margin of 3.03%. During the same period last year, the business earned $17.39 earnings per share.

Alleghany Company Profile

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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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