Alleghany (NYSE:Y) reported earnings of $9.78 per share beating Walls Streets expectations.

ME Staff
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Alleghany (NYSE:Y) reported Q2 2018 earnings this Afternoon, coming in at $9.78 per share, beating Wall Street’s estimates of $8.26 per Share. Revenue for the quarter came in at $1.90 billion beating analyst estimates of $1.48 billion

Recent Insider Trading for Alleghany (NYSE:Y)

  • On 5/17/2018 William K Lavin, Director, sold 293 with an average share price of $580.61 per share and the total transaction amounting to $170,118.73.
  • On 2/27/2018 William K Lavin, Director, sold 530 with an average share price of $610.38 per share and the total transaction amounting to $323,501.40.
  • On 5/9/2017 William K Lavin, Director, sold 321 with an average share price of $582.50 per share and the total transaction amounting to $186,982.50.
  • On 3/9/2017 Jefferson Kirby, Director, sold 4,070 with an average share price of $642.30 per share and the total transaction amounting to $2,614,161.00.
  • On 3/3/2017 Phillip M Martineau, Director, sold 510 with an average share price of $647.10 per share and the total transaction amounting to $330,021.00.
  • On 2/27/2017 William K Lavin, Director, sold 541 with an average share price of $647.59 per share and the total transaction amounting to $350,346.19.



Dividend History for Alleghany (NYSE:Y)

  • On 2/23/2018 Alleghany announced a special dividend of $10.00 with an ex dividend date of 3/2/2018 which will be payable on 3/5/2018.



About Company
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. This segment distributes its products and services through brokers, as well as directly to insurance and reinsurance companies. The Insurance segment underwrites specialty insurance coverages in the property, as well as umbrella/excess, general, management, and professional liability lines; and surety products comprising commercial and contract surety bonds, as well as workers' compensation insurance products. This segment distributes its products through independent wholesale insurance brokers, and retail and general insurance agents. The company also explores for and produces oil and gas; manufactures custom trailers and truck bodies for the moving and storage industry, and other markets; provides technical engineering services for pharmaceutical and biotechnology industries; and owns and manages improved and unimproved commercial land, and residential lots. In addition, it operates as a toy, and entertainment and musical instrument company; manufacturer/remanufacturer of specialty machine tools, as well as supplier of replacement parts, accessories, and services for various cutting technologies; structural steel fabricator and erector; and provider of products and services for the funeral and cemetery industries, and precast concrete markets. As of December 31, 2017, the company owned approximately 226 acres of property. Alleghany Corporation was founded in 1929 and is based in New York, New York.

Recent Analyst Rating for Alleghany (NYSE:Y)

  • On 2/23/2018 special, $10.00, with a price target of 3/2/2018



Recent Trading for Alleghany (NYSE:Y)
Shares of Alleghany closed the previous trading session at with 624.96 shares trading hands.