Los Angeles Capital Administration LLC lifted its holdings in shares of The Allstate Co. (NYSE:ALL – Free Report) by 33.8% within the 2nd quarter, in line with its most up-to-date submitting with the Securities and Change Fee. The agency owned 58,381 shares of the insurance coverage supplier’s inventory after buying a further 14,741 shares through the quarter. Los Angeles Capital Administration LLC’s holdings in Allstate have been value $9,321,000 as of its most up-to-date SEC submitting.
Different institutional buyers have additionally made adjustments to their positions within the firm. SageView Advisory Group LLC purchased a brand new place in Allstate through the fourth quarter value $456,000. Rafferty Asset Administration LLC grew its stake in Allstate by 5.7% within the 4th quarter. Rafferty Asset Administration LLC now owns 92,753 shares of the insurance coverage supplier’s inventory valued at $12,984,000 after shopping for a further 4,987 shares over the past quarter. Lighthouse Funding Companions LLC purchased a brand new place in Allstate within the 4th quarter valued at about $5,927,000. BDF Gestion acquired a brand new stake in Allstate through the second quarter value roughly $3,051,000. Lastly, Mizuho Markets Americas LLC purchased a brand new stake in shares of Allstate through the fourth quarter value roughly $52,042,000. 76.47% of the inventory is owned by institutional buyers and hedge funds.
Allstate Value Efficiency
ALL inventory opened at $185.36 on Monday. The Allstate Co. has a 1 12 months low of $105.85 and a 1 12 months excessive of $191.33. The corporate has a market cap of $48.92 billion, a P/E ratio of 40.92, a PEG ratio of 1.78 and a beta of 0.48. The agency has a 50-day shifting common of $173.77 and a 200 day shifting common of $168.24. The corporate has a debt-to-equity ratio of 0.49, a present ratio of 0.36 and a fast ratio of 0.36.
Allstate (NYSE:ALL – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, July thirty first. The insurance coverage supplier reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $1.28. Allstate had a internet margin of 5.03% and a return on fairness of 24.05%. The agency had income of $15.71 billion for the quarter, in comparison with analysts’ expectations of $14.04 billion. Throughout the identical quarter within the prior 12 months, the corporate posted ($4.42) earnings per share. The enterprise’s income for the quarter was up 12.4% on a year-over-year foundation. On common, sell-side analysts forecast that The Allstate Co. will put up 15.14 EPS for the present 12 months.
Allstate Declares Dividend
The agency additionally just lately declared a quarterly dividend, which can be paid on Tuesday, October 1st. Shareholders of document on Friday, August thirtieth can be given a $0.92 dividend. The ex-dividend date is Friday, August thirtieth. This represents a $3.68 annualized dividend and a yield of 1.99%. Allstate’s payout ratio is presently 81.24%.
Analyst Upgrades and Downgrades
A number of analysis companies just lately weighed in on ALL. JPMorgan Chase & Co. lifted their worth goal on Allstate from $193.00 to $200.00 and gave the inventory an “obese” ranking in a report on Thursday, July eleventh. Keefe, Bruyette & Woods lifted their worth goal on Allstate from $199.00 to $208.00 and gave the inventory an “outperform” ranking in a report on Monday, August twelfth. Barclays initiated protection on shares of Allstate in a analysis notice on Wednesday, September 4th. They issued an “underweight” ranking and a $175.00 worth goal on the inventory. Morgan Stanley lowered their worth goal on shares of Allstate from $205.00 to $200.00 and set an “obese” ranking on the inventory in a analysis report on Wednesday, July tenth. Lastly, StockNews.com lowered shares of Allstate from a “strong-buy” ranking to a “purchase” ranking in a analysis report on Wednesday, August twenty first. One equities analysis analyst has rated the inventory with a promote ranking, two have assigned a maintain ranking, fourteen have assigned a purchase ranking and one has assigned a powerful purchase ranking to the corporate’s inventory. In response to information from MarketBeat.com, the corporate presently has a consensus ranking of “Reasonable Purchase” and a consensus goal worth of $192.76.
Verify Out Our Newest Inventory Report on Allstate
Insider Exercise
In different information, EVP Robert Toohey bought 16,682 shares of the agency’s inventory in a transaction on Monday, August nineteenth. The shares have been bought at a mean worth of $180.17, for a complete transaction of $3,005,595.94. Following the sale, the manager vp now immediately owns 4,873 shares within the firm, valued at roughly $877,968.41. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which could be accessed via the SEC web site. In different Allstate information, insider Suren Gupta bought 45,775 shares of the enterprise’s inventory in a transaction that occurred on Thursday, July 18th. The inventory was bought at a mean worth of $177.28, for a complete transaction of $8,114,992.00. Following the completion of the transaction, the insider now owns 89,930 shares within the firm, valued at $15,942,790.40. The sale was disclosed in a doc filed with the Securities & Change Fee, which could be accessed via this hyperlink. Additionally, EVP Robert Toohey bought 16,682 shares of the enterprise’s inventory in a transaction dated Monday, August nineteenth. The shares have been bought at a mean worth of $180.17, for a complete transaction of $3,005,595.94. Following the completion of the sale, the manager vp now immediately owns 4,873 shares of the corporate’s inventory, valued at $877,968.41. The disclosure for this sale could be discovered right here. Insiders have bought 201,938 shares of firm inventory value $36,122,740 within the final three months. Firm insiders personal 1.80% of the corporate’s inventory.
Allstate Profile
(Free Report)
The Allstate Company, along with its subsidiaries, offers property and casualty, and different insurance coverage merchandise in the USA and Canada. It operates in 5 segments: Allstate Safety; Safety Companies; Allstate Well being and Advantages; Run-off Property-Legal responsibility; and Company and Different segments.
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