Teachers Retirement System of The State of Kentucky reduced its holdings in shares of Alleghany Co. (NYSE:Y) by 10.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 6,839 shares of the insurance provider’s stock after selling 806 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Alleghany were worth $4,463,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of Y. Findlay Park Partners LLP grew its position in Alleghany by 33.8% during the 2nd quarter. Findlay Park Partners LLP now owns 454,362 shares of the insurance provider’s stock worth $261,245,000 after purchasing an additional 114,691 shares during the last quarter. BlackRock Inc. grew its position in Alleghany by 3.9% during the 2nd quarter. BlackRock Inc. now owns 1,497,952 shares of the insurance provider’s stock worth $861,277,000 after purchasing an additional 56,410 shares during the last quarter. Renaissance Technologies LLC grew its position in Alleghany by 613.7% during the 2nd quarter. Renaissance Technologies LLC now owns 29,888 shares of the insurance provider’s stock worth $17,185,000 after purchasing an additional 25,700 shares during the last quarter. Boston Partners grew its position in Alleghany by 3.1% during the 2nd quarter. Boston Partners now owns 814,564 shares of the insurance provider’s stock worth $468,350,000 after purchasing an additional 24,146 shares during the last quarter. Finally, Citadel Advisors LLC grew its position in Alleghany by 180.1% during the 2nd quarter. Citadel Advisors LLC now owns 32,103 shares of the insurance provider’s stock worth $18,458,000 after purchasing an additional 20,642 shares during the last quarter. 81.28% of the stock is currently owned by institutional investors.

Y has been the topic of several analyst reports. ValuEngine raised shares of Alleghany from a “hold” rating to a “buy” rating in a report on Thursday, July 26th. Zacks Investment Research reaffirmed a “sell” rating on shares of Alleghany in a report on Saturday.

In related news, Director William K. Lavin sold 528 shares of the business’s stock in a transaction dated Tuesday, November 13th. The shares were sold at an average price of $622.84, for a total transaction of $328,859.52. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 4.00% of the stock is currently owned by insiders.

Shares of NYSE:Y opened at $618.19 on Wednesday. The stock has a market capitalization of $9.29 billion, a PE ratio of 303.03 and a beta of 0.94. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.18. Alleghany Co. has a fifty-two week low of $549.00 and a fifty-two week high of $659.88.

Alleghany (NYSE:Y) last issued its earnings results on Thursday, November 1st. The insurance provider reported ($1.07) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $3.50 by ($4.57). The firm had revenue of $1.35 billion during the quarter. Alleghany had a net margin of 12.34% and a return on equity of 5.42%. On average, equities analysts predict that Alleghany Co. will post 27.95 earnings per share for the current fiscal year.

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About Alleghany

Alleghany Corporation provides property and casualty reinsurance and insurance products in the United States and internationally. The company operates in two segments, Reinsurance and Insurance. The Reinsurance segment offers property reinsurance products, including fire, allied lines, auto physical damage, and homeowners multiple peril reinsurance products; and casualty and other reinsurance products, such as liability, medical malpractice, ocean marine and aviation, auto liability, accident and health, surety, and credit reinsurance products.

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Institutional Ownership by Quarter for Alleghany (NYSE:Y)

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