NYSE:Y - Alleghany Stock Price, News & Analysis

Alleghany trades on the New York Stock Exchange (NYSE) under the ticker symbol "Y."

Alleghany Co. (NYSE:Y) released its quarterly earnings results on Tuesday, August, 6th. The insurance provider reported $12.40 EPS for the quarter, topping the Zacks' consensus estimate of $9.48 by $2.92. The insurance provider earned $2.10 billion during the quarter. Alleghany had a net margin of 3.86% and a return on equity of 2.88%. During the same period in the prior year, the firm earned $9.78 EPS. View Alleghany's Earnings History.

Alleghany is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Alleghany.

4 Wall Street analysts have issued twelve-month target prices for Alleghany's shares. Their predictions range from $700.00 to $700.00. On average, they anticipate Alleghany's share price to reach $700.00 in the next twelve months. This suggests that the stock has a possible downside of 6.7%. View Analyst Price Targets for Alleghany.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alleghany in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alleghany.

Headlines about Y stock have trended negative recently, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alleghany earned a news impact score of -2.3 on InfoTrie's scale. They also assigned news stories about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Alleghany.

Alleghany saw a drop in short interest in July. As of July 31st, there was short interest totalling 110,500 shares, a drop of 9.9% from the June 30th total of 122,700 shares. Based on an average daily volume of 89,200 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.8% of the company's shares are short sold. View Alleghany's Current Options Chain.

Some companies that are related to Alleghany include Travelers Companies (TRV), Tokio Marine (TKOMY), Allstate (ALL), Hartford Financial Services Group (HIG), Ms&Ad Insurance Group (MSADY), Cincinnati Financial (CINF), Arch Capital Group (ACGL), Markel (MKL), Loews (L), W. R. Berkley (WRB), Cna Financial (CNA), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Everest Re Group (RE), American Financial Group (AFG) and RenaissanceRe (RNR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Alleghany investors own include Applied Materials (AMAT), Costco Wholesale (COST), American Express (AXP), JPMorgan Chase & Co. (JPM), 3M (MMM), Amgen (AMGN), Booking (BKNG), Cisco Systems (Csco), NVIDIA (NVDA) and Caterpillar (CAT).

Alleghany's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.42%), Vanguard Group Inc. (9.19%), Victory Capital Management Inc. (3.21%), JPMorgan Chase & Co. (2.52%), Findlay Park Partners LLP (1.74%) and Bank of New York Mellon Corp (1.50%). Company insiders that own Alleghany stock include Phillip M Martineau and William K Lavin. View Institutional Ownership Trends for Alleghany.

Y stock was sold by a variety of institutional investors in the last quarter, including Findlay Park Partners LLP, BlackRock Inc., Bank of New York Mellon Corp, First Trust Advisors LP, Lomas Capital Management LLC, Man Group plc, Morgan Stanley and UBS Asset Management Americas Inc.. Company insiders that have sold Alleghany company stock in the last year include Phillip M Martineau and William K Lavin. View Insider Buying and Selling for Alleghany.

Y stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Prudential Financial Inc., Renaissance Technologies LLC, California Public Employees Retirement System, Victory Capital Management Inc., JPMorgan Chase & Co., Invesco Ltd. and Russell Investments Group Ltd.. View Insider Buying and Selling for Alleghany.

Shares of Y can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Y stock can currently be purchased for approximately $750.67.

Alleghany has a market capitalization of $10.83 billion and generates $6.89 billion in revenue each year. The insurance provider earns $39.53 million in net income (profit) each year or $16.13 on an earnings per share basis. Alleghany employs 9,300 workers across the globe.View Additional Information About Alleghany.

The official website for Alleghany is http://www.alleghany.com/.

Alleghany's mailing address is 1411 BROADWAY 34TH FLOOR, NEW YORK NY, 10018. The insurance provider can be reached via phone at 212-752-1356.