Dynamic Know-how Lab Non-public Ltd Invests $1.47 Million in The Allstate Co. (NYSE:ALL)

Dynamic Know-how Lab Non-public Ltd acquired a brand new place in The Allstate Co. (NYSE:ALL) within the third quarter, HoldingsChannel.com stories. The institutional investor acquired 11,579 shares of the insurance coverage supplier’s inventory, valued at roughly $1,474,000.

Quite a lot of different institutional buyers have additionally lately made adjustments to their positions within the inventory. State Avenue Corp boosted its stake in Allstate by 0.9% in the course of the second quarter. State Avenue Corp now owns 15,267,713 shares of the insurance coverage supplier’s inventory valued at $2,003,861,000 after shopping for a further 134,689 shares over the past quarter. Invesco Ltd. boosted its stake in Allstate by 53.8% in the course of the second quarter. Invesco Ltd. now owns 6,059,501 shares of the insurance coverage supplier’s inventory valued at $790,404,000 after shopping for a further 2,118,800 shares over the past quarter. Nordea Funding Administration AB boosted its stake in Allstate by 102.8% in the course of the third quarter. Nordea Funding Administration AB now owns 4,500,378 shares of the insurance coverage supplier’s inventory valued at $584,510,000 after shopping for a further 2,281,743 shares over the past quarter. Charles Schwab Funding Administration Inc. boosted its stake in Allstate by 9.8% in the course of the second quarter. Charles Schwab Funding Administration Inc. now owns 4,451,147 shares of the insurance coverage supplier’s inventory valued at $580,608,000 after shopping for a further 395,740 shares over the past quarter. Lastly, Dimensional Fund Advisors LP boosted its stake in Allstate by 7.4% in the course of the third quarter. Dimensional Fund Advisors LP now owns 3,363,289 shares of the insurance coverage supplier’s inventory valued at $428,239,000 after shopping for a further 230,335 shares over the past quarter. 74.84% of the inventory is owned by institutional buyers.

Quite a lot of brokerages lately commented on ALL. Morgan Stanley elevated their value goal on Allstate from $130.00 to $140.00 and gave the corporate an “equal weight” ranking in a analysis observe on Friday. Wells Fargo & Firm downgraded Allstate from an “equal weight” ranking to an “underweight” ranking and decreased their value goal for the corporate from $123.00 to $105.00 in a analysis report on Wednesday, December eighth. Barclays decreased their value goal on Allstate from $123.00 to $119.00 and set an “equal weight” ranking on the inventory in a analysis report on Thursday, January sixth. Zacks Funding Analysis upgraded Allstate from a “promote” ranking to a “maintain” ranking and set a $132.00 value goal on the inventory in a analysis report on Monday, January tenth. Lastly, Jefferies Monetary Group started protection on Allstate in a analysis report on Thursday, November 18th. They set a “maintain” ranking and a $121.00 value goal on the inventory. Two analysis analysts have rated the inventory with a promote ranking, ten have assigned a maintain ranking and 5 have assigned a purchase ranking to the corporate’s inventory. In accordance with MarketBeat.com, Allstate presently has a consensus ranking of “Maintain” and a consensus value goal of $131.67.

Shares of NYSE ALL opened at $124.76 on Tuesday. The corporate has a debt-to-equity ratio of 0.34, a fast ratio of 0.47 and a present ratio of 0.43. The enterprise’s 50 day transferring common value is $117.22 and its 200-day transferring common value is $123.88. The Allstate Co. has a fifty-two week low of $102.55 and a fifty-two week excessive of $140.00. The corporate has a market cap of $35.77 billion, a price-to-earnings ratio of 24.46, a PEG ratio of 1.68 and a beta of 0.82.

Allstate (NYSE:ALL) final issued its quarterly earnings outcomes on Wednesday, February 2nd. The insurance coverage supplier reported $2.75 earnings per share for the quarter, lacking the consensus estimate of $2.77 by ($0.02). The enterprise had income of $10.85 billion in the course of the quarter, in comparison with analysts’ expectations of $10.98 billion. Allstate had a return on fairness of 16.60% and a internet margin of three.16%. The corporate’s quarterly income was up 17.0% in comparison with the identical quarter final yr. Throughout the identical quarter within the earlier yr, the corporate posted $5.87 earnings per share. Promote-side analysts predict that The Allstate Co. will submit 10.72 earnings per share for the present yr.

The corporate additionally lately disclosed a quarterly dividend, which was paid on Monday, January third. Shareholders of document on Tuesday, November thirtieth had been issued a dividend of $0.81 per share. The ex-dividend date was Monday, November twenty ninth. This represents a $3.24 annualized dividend and a yield of two.60%. Allstate’s payout ratio is presently 63.53%.

About Allstate

The Allstate Corp. engages within the property and casualty insurance coverage enterprise and the sale of life, accident, and medical insurance merchandise by way of its subsidiaries. It operates by way of following enterprise segments: Allstate Safety, Safety Companies, Allstate Life, Allstate Advantages, Allstate Annuities, Discontinued Traces and Coverages, and Company and Different.

See Additionally

Need to see what different hedge funds are holding ALL? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for The Allstate Co. (NYSE:ALL).

Institutional Ownership by Quarter for Allstate (NYSE:ALL)

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