Alleghany Corp Del (Y) Shareholder Contravisory Investment Management INC Has Lowered Its Position by $6.09 Million

April 17, 2018 - By Robert Crowder

Alleghany Corporation (NYSE:Y) LogoInvestors sentiment decreased to 1.07 in Q4 2017. Its down 0.07, from 1.14 in 2017Q3. It dived, as 28 investors sold Y shares while 97 reduced holdings. 42 funds opened positions while 92 raised stakes. 12.58 million shares or 0.15% more from 12.56 million shares in 2017Q3 were reported. Kbc Nv reported 0.01% in Alleghany Corporation (NYSE:Y). Quantbot Technologies Lp has 0% invested in Alleghany Corporation (NYSE:Y). Tarbox Family Office has 0.02% invested in Alleghany Corporation (NYSE:Y). Fiduciary accumulated 337 shares. Marathon Asset Llp reported 71,054 shares. Capital One National Association owns 0.01% invested in Alleghany Corporation (NYSE:Y) for 340 shares. Pnc Financial Gp has invested 0.05% in Alleghany Corporation (NYSE:Y). United Kingdom-based Hsbc Public Ltd has invested 0.01% in Alleghany Corporation (NYSE:Y). Amer Inc has 32,348 shares for 0.06% of their portfolio. Miracle Mile Llc stated it has 0.04% of its portfolio in Alleghany Corporation (NYSE:Y). Principal Finance Group holds 164,038 shares or 0.09% of its portfolio. Glenmede Tru Company Na invested in 3,760 shares. Huntington Bancshares reported 163 shares. Wellington Management Gru Ltd Liability Partnership invested in 0.07% or 515,045 shares. Amundi Pioneer Asset Management Inc holds 5,744 shares or 0.01% of its portfolio.

Since February 27, 2018, it had 0 buys, and 1 sale for $323,501 activity.

Contravisory Investment Management Inc decreased its stake in Alleghany Corp Del (Y) by 99.41% based on its latest 2017Q4 regulatory filing with the SEC. Contravisory Investment Management Inc sold 10,154 shares as the company’s stock rose 1.88% while stock markets declined. The institutional investor held 60 shares of the property-casualty insurers company at the end of 2017Q4, valued at $36,000, down from 10,214 at the end of the previous reported quarter. Contravisory Investment Management Inc who had been investing in Alleghany Corp Del for a number of months, seems to be less bullish one the $9.18 billion market cap company. The stock increased 0.62% or $3.7 during the last trading session, reaching $596.29. About 25,103 shares traded. Alleghany Corporation (NYSE:Y) has declined 2.82% since April 17, 2017 and is downtrending. It has underperformed by 14.37% the S&P500.

Contravisory Investment Management Inc, which manages about $746.49 million and $275.71 million US Long portfolio, upped its stake in Service Corp Intl (NYSE:SCI) by 98,492 shares to 98,575 shares, valued at $3.68 million in 2017Q4, according to the filing.

Analysts await Alleghany Corporation (NYSE:Y) to report earnings on May, 3. They expect $8.16 EPS, up 11.93 % or $0.87 from last year’s $7.29 per share. Y’s profit will be $125.64M for 18.27 P/E if the $8.16 EPS becomes a reality. After $9.89 actual EPS reported by Alleghany Corporation for the previous quarter, Wall Street now forecasts -17.49 % negative EPS growth.

Alleghany Corporation (NYSE:Y) Institutional Positions Chart

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