Alleghany Del (Y) Stock Price Rose While Lomas Capital Management Has Lowered Position by $8.71 Million; Bank Of America Corp. (BAC) Share Value Rose While Salem Capital Management Has Decreased Stake

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Lomas Capital Management Llc decreased its stake in Alleghany Corp Del (Y) by 52.61% based on its latest 2019Q2 regulatory filing with the SEC. Lomas Capital Management Llc sold 12,794 shares as the company’s stock rose 4.39% . The hedge fund held 11,523 shares of the property-casualty insurers company at the end of 2019Q2, valued at $7.85M, down from 24,317 at the end of the previous reported quarter. Lomas Capital Management Llc who had been investing in Alleghany Corp Del for a number of months, seems to be less bullish one the $11.51B market cap company. The stock increased 0.28% or $2.2 during the last trading session, reaching $797.91. About 33,205 shares traded. Alleghany Corporation (NYSE:Y) has risen 9.08% since September 27, 2018 and is uptrending. It has outperformed by 9.08% the S&P500. Some Historical Y News: 03/05/2018 - Alleghany Corp 1Q Adj EPS $11.24; 03/05/2018 - Alleghany Corp 1Q Net $171.6M; 03/05/2018 - ALLEGHANY CORP 1Q OPER EPS $11.24, EST. $8.310 (2 EST.); 03/05/2018 - Alleghany Corp 1Q-End Book Value $545.07/Share; 29/05/2018 - ALLEGHANY CAPITAL CORPORATION SAYS ACQUIRED RUSS BERRIE & APPLAUSE BRANDS; 09/05/2018 - Alleghany Corporation Buys New 10% Position in Ares Management; 03/05/2018 - Alleghany Corp 1Q Net Investment Income $124.1 Million; 29/05/2018 - Alleghany Capital Corporation Announces Jazwares’ Acquisition Of Russ Berrie And Applause Brands; 03/05/2018 - ALLEGHANY CORP QTRLY OPERATING EARNINGS PER DILUTED SHARE WERE $11.24 IN THE FIRST QUARTER OF 2018; 24/04/2018 - Alleghany Corp Closes Below 200-Day Moving Average: Technicals

Salem Capital Management Inc decreased its stake in Bank Of America Corp. (BAC) by 4.09% based on its latest 2019Q2 regulatory filing with the SEC. Salem Capital Management Inc sold 11,950 shares as the company’s stock rose 1.39% . The institutional investor held 280,141 shares of the major banks company at the end of 2019Q2, valued at $8.12 million, down from 292,091 at the end of the previous reported quarter. Salem Capital Management Inc who had been investing in Bank Of America Corp. for a number of months, seems to be less bullish one the $271.15B market cap company. The stock decreased 0.41% or $0.12 during the last trading session, reaching $29.13. About 32.69 million shares traded. Bank of America Corporation (NYSE:BAC) has declined 2.01% since September 27, 2018 and is downtrending. It has underperformed by 2.01% the S&P500. Some Historical BAC News: 10/05/2018 - Valeant To Participate At 2018 Bank Of America Merrill Lynch Healthcare Conference; 09/03/2018 - COMMERZBANK AG CBKG.DE : BOFA MERRILL REINSTATES WITH UNDERPERFORM; TARGET PRICE 11 EUROS; 08/03/2018 - Marietta Daily: Bank of America to lay off 103 at Kennesaw office; 04/05/2018 - Fitch Upgrades Bank of America’s U.S. RMBS Servicer Ratings; 05/04/2018 - Canadian M&A deals seen rebounding after sluggish first quarter; 27/03/2018 - BofA Must Defend $542 Million Lawsuit Tied to FDIC Risk Rule; 16/04/2018 - Steven Chubak Sees Continued Upside Potential For Bank of America (Video); 16/04/2018 - BANK OF AMERICA 1Q FICC TRADING REV. EX-DVA $2.54B, EST. $2.96B; 18/05/2018 - TAIWAN CENTRAL BANK NAMES FOUR LOCAL BANKS TO TAKE OVER THE BUSINESS AFTER UOB’S EXIT; 27/04/2018 - BAML Global Interest Rate Forecasts as of April 27 (Table)

Lomas Capital Management Llc, which manages about $667.52 million and $930.19 million US Long portfolio, upped its stake in Disney Walt Co (NYSE:DIS) by 8,761 shares to 365,410 shares, valued at $51.03M in 2019Q2, according to the filing. It also increased its holding in Constellation Brands Inc (NYSE:STZ) by 52,679 shares in the quarter, for a total of 144,085 shares, and has risen its stake in Barrick Gold Corporation (NYSE:ABX).

Analysts await Alleghany Corporation (NYSE:Y) to report earnings on November, 7. They expect $6.86 earnings per share, up 741.12% or $7.93 from last year’s $-1.07 per share. Y’s profit will be $98.99M for 29.08 P/E if the $6.86 EPS becomes a reality. After $12.40 actual earnings per share reported by Alleghany Corporation for the previous quarter, Wall Street now forecasts -44.68% negative EPS growth.

Since May 10, 2019, it had 1 insider buy, and 0 insider sales for $992,885 activity.

More notable recent Alleghany Corporation (NYSE:Y) news were published by: Seekingalpha.com which released: “BlackBerry Q2 2020 Earnings Preview - Seeking Alpha” on September 23, 2019, also Seekingalpha.com with their article: “Accenture Q4 2019 Earnings Preview - Seeking Alpha” published on September 25, 2019, Seekingalpha.com published: “HubSpot: Correction Buying Opportunity - Seeking Alpha” on September 25, 2019. More interesting news about Alleghany Corporation (NYSE:Y) were released by: Seekingalpha.com and their article: “Best Buy Q2 2020 Earnings Preview - Seeking Alpha” published on August 28, 2019 as well as Seekingalpha.com‘s news article titled: “Sell Best Buy - Seeking Alpha” with publication date: September 16, 2019.

Investors sentiment decreased to 0.79 in Q2 2019. Its down 0.31, from 1.1 in 2019Q1. It fall, as 28 investors sold Y shares while 115 reduced holdings. 42 funds opened positions while 71 raised stakes. 11.55 million shares or 0.92% less from 11.66 million shares in 2019Q1 were reported. Citigroup holds 0% of its portfolio in Alleghany Corporation (NYSE:Y) for 7,460 shares. Metropolitan Life Insurance has invested 0.05% in Alleghany Corporation (NYSE:Y). Ameriprise Fincl holds 62,152 shares. First Eagle Inv Mngmt holds 1.07% or 644,522 shares in its portfolio. Captrust Fincl owns 119 shares. Oakbrook Invs Ltd Liability Company invested in 0.05% or 1,300 shares. Bnp Paribas Arbitrage has 0% invested in Alleghany Corporation (NYSE:Y) for 2,472 shares. Stifel stated it has 6,024 shares. Citadel invested in 2,789 shares or 0% of the stock. 72,994 are held by Invesco. Utah Retirement, Utah-based fund reported 2,647 shares. California State Teachers Retirement System has invested 0.03% of its portfolio in Alleghany Corporation (NYSE:Y). British Columbia Invest Mgmt Corporation stated it has 3,082 shares. Morgan Stanley has 28,121 shares. Victory Capital Management reported 463,705 shares.

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on October, 21. They expect $0.68 earnings per share, up 3.03% or $0.02 from last year’s $0.66 per share. BAC’s profit will be $6.33 billion for 10.71 P/E if the $0.68 EPS becomes a reality. After $0.74 actual earnings per share reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -8.11% negative EPS growth.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Benzinga.com which released: “Our Startling Prediction, Revisited: New Banking Revolution Based On DLT - Benzinga” on September 20, 2019, also Investorplace.com with their article: “Raymond James Downgrade of BAC Stock Mostly Reflects the Known - Investorplace.com” published on September 03, 2019, Bizjournals.com published: “Bank of America branch to make way for retail development at RTP - Triangle Business Journal” on September 17, 2019. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Seekingalpha.com and their article: “Bank Of America: Next Stop $25 - Seeking Alpha” published on May 27, 2019 as well as Finance.Yahoo.com‘s news article titled: “Do Institutions Own Shares In Bank of America Corporation (NYSE:BAC)? - Yahoo Finance” with publication date: June 05, 2019.

Investors sentiment is 0.99 in 2019 Q2. Its the same as in 2019Q1. It is flat, as 51 investors sold BAC shares while 568 reduced holdings. only 124 funds opened positions while 490 raised stakes. 6.42 billion shares or 2.00% more from 6.30 billion shares in 2019Q1 were reported. Kcm Inv Advisors holds 0.5% in Bank of America Corporation (NYSE:BAC) or 285,262 shares. Mark Sheptoff Planning Limited Liability stated it has 0.08% in Bank of America Corporation (NYSE:BAC). 1.19M were reported by Birch Hill Invest Advisors Limited Liability. Regent Investment Ltd Liability Corp owns 155,048 shares. Transamerica Advisors has 141 shares. Park Natl Oh stated it has 619,857 shares or 0.98% of all its holdings. Bank Of Stockton holds 0.21% of its portfolio in Bank of America Corporation (NYSE:BAC) for 14,145 shares. Cumberland Prtn Limited stated it has 492,351 shares or 1.37% of all its holdings. Jag Cap Management Limited Liability Corporation has invested 0.02% of its portfolio in Bank of America Corporation (NYSE:BAC). Kidder Stephen W holds 0.35% in Bank of America Corporation (NYSE:BAC) or 30,065 shares. King Luther Management has invested 1.63% in Bank of America Corporation (NYSE:BAC). Marble Harbor Investment Counsel Ltd reported 25,374 shares. Clean Yield Gru stated it has 0% of its portfolio in Bank of America Corporation (NYSE:BAC). Continental Llc reported 139,938 shares stake. Reliant Inv Mngmt Ltd Com accumulated 2.25% or 102,400 shares.

Bank of America Corporation (NYSE:BAC) Institutional Positions Chart

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