Kiltearn Partners Llp Has Lifted Alleghany Corp Del (Y) Holding by $21.77 Million; Stock Value Declined

February 13, 2018 - By Vivian Currie

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.22, from 0.92 in 2017Q2. It is positive, as 28 investors sold Y shares while 89 reduced holdings. 34 funds opened positions while 99 raised stakes. 12.56 million shares or 0.02% more from 12.56 million shares in 2017Q2 were reported. Weaver C Barksdale & Associate owns 58 shares. Schwab Charles Investment Mgmt has invested 0.03% in Alleghany Corporation (NYSE:Y). Lenox Wealth Mgmt invested in 7 shares. Bluemountain Limited Company invested 0.01% of its portfolio in Alleghany Corporation (NYSE:Y). Sumitomo Mitsui Asset Management accumulated 1,063 shares. Contravisory Mgmt has invested 2.02% in Alleghany Corporation (NYSE:Y). Peapack Gladstone has invested 0.53% in Alleghany Corporation (NYSE:Y). Michigan-based Liberty Mngmt has invested 0.07% in Alleghany Corporation (NYSE:Y). Oregon Public Employees Retirement Fund has invested 0.05% in Alleghany Corporation (NYSE:Y). Us Bancorporation De holds 0% or 52 shares in its portfolio. Messner Smith Theme Value Invest Management Ltd Ca reported 0.61% stake. Artisan Prtnrs Lp invested 0.42% in Alleghany Corporation (NYSE:Y). Dupont Management Corporation owns 1,223 shares or 0.02% of their US portfolio. Pnc Financial Services Gp reported 159,822 shares. Northern Tru accumulated 157,498 shares.

Kiltearn Partners Llp increased its stake in Alleghany Corp Del (Y) by 15.2% based on its latest 2017Q3 regulatory filing with the SEC. Kiltearn Partners Llp bought 39,300 shares as the company’s stock declined 10.28% while stock markets rallied. The institutional investor held 297,880 shares of the property-casualty insurers company at the end of 2017Q3, valued at $165.03 million, up from 258,580 at the end of the previous reported quarter. Kiltearn Partners Llp who had been investing in Alleghany Corp Del for a number of months, seems to be bullish on the $8.80 billion market cap company. The stock decreased 0.45% or $2.6 during the last trading session, reaching $571.95. About 6,512 shares traded. Alleghany Corporation (NYSE:Y) has risen 7.94% since February 13, 2017 and is uptrending. It has underperformed by 8.76% the S&P500.

Kiltearn Partners Llp, which manages about $3.16B and $3.42 billion US Long portfolio, decreased its stake in Morgan Stanley (NYSE:MS) by 73,400 shares to 4.34M shares, valued at $209.12 million in 2017Q3, according to the filing. It also reduced its holding in Citigroup Inc (NYSE:C) by 114,400 shares in the quarter, leaving it with 4.42 million shares, and cut its stake in American Express Co (NYSE:AXP).

More news for Alleghany Corporation (NYSE:Y) were recently published by: Prnewswire.com, which released: “Alleghany Capital Corporation Announces Acquisition of Hirschfeld Industries …” on February 07, 2018. Prnewswire.com‘s article titled: “Alleghany Corporation To Announce 2017 Fourth Quarter And Full Year Results On …” and published on January 22, 2018 is yet another important article.

Alleghany Corporation (NYSE:Y) Ratings Coverage

Among 2 analysts covering Alleghany (NYSE:Y), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Alleghany had 2 analyst reports since June 16, 2016 according to SRatingsIntel. Citigroup upgraded it to “Buy” rating and $43 target in Thursday, June 16 report. The firm earned “Buy” rating on Monday, September 11 by JMP Securities.

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