Marathon Asset Management LLP boosted its holdings in shares of Alleghany Co. (NYSE:Y) by 1.9% in the 4th quarter, Holdings Channel reports. The fund owned 71,054 shares of the insurance provider’s stock after buying an additional 1,341 shares during the quarter. Marathon Asset Management LLP’s holdings in Alleghany were worth $42,355,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Toronto Dominion Bank increased its stake in Alleghany by 11.8% during the second quarter. Toronto Dominion Bank now owns 189 shares of the insurance provider’s stock worth $112,000 after acquiring an additional 20 shares during the last quarter. Zions Bancorporation increased its stake in Alleghany by 3,940.0% during the third quarter. Zions Bancorporation now owns 202 shares of the insurance provider’s stock worth $112,000 after acquiring an additional 197 shares during the last quarter. YorkBridge Wealth Partners LLC increased its stake in Alleghany by 1.5% during the second quarter. YorkBridge Wealth Partners LLC now owns 206 shares of the insurance provider’s stock worth $124,000 after acquiring an additional 3 shares during the last quarter. Investment Centers of America Inc. acquired a new stake in Alleghany during the second quarter worth $210,000. Finally, TLP Group LLC acquired a new stake in Alleghany during the second quarter worth $238,000. 82.22% of the stock is owned by institutional investors.

Separately, Zacks Investment Research cut Alleghany from a “strong-buy” rating to a “hold” rating in a research note on Saturday, January 6th.

Alleghany Co. (Y) traded down $0.59 during mid-day trading on Wednesday, reaching $584.33. The company’s stock had a trading volume of 63,500 shares, compared to its average volume of 75,070. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.27 and a current ratio of 0.27. The firm has a market capitalization of $9,001.90, a PE ratio of -4,494.85 and a beta of 0.96. Alleghany Co. has a one year low of $521.07 and a one year high of $667.19.

Alleghany (NYSE:Y) last posted its earnings results on Thursday, November 2nd. The insurance provider reported ($22.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($28.83) by $6.80. Alleghany had a negative return on equity of 0.14% and a net margin of 0.10%. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter last year, the firm earned $10.09 earnings per share. analysts predict that Alleghany Co. will post -0.24 EPS for the current fiscal year.

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Alleghany Company Profile

Alleghany Corporation is an insurance holding company. The Company, through its subsidiary Alleghany Insurance Holdings LLC (AIHL) and its subsidiaries, is engaged in the property and casualty insurance business. AIHL’s insurance operations are conducted by its subsidiaries RSUI Group, Inc (RSUI), CapSpecialty, Inc (CapSpecialty) and Pacific Compensation Corporation (PacificComp).

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Institutional Ownership by Quarter for Alleghany (NYSE:Y)

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