FDO Partners LLC bought a new stake in shares of Allstate Corporation (The) (NYSE:ALL) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,997 shares of the insurance provider’s stock, valued at approximately $367,000.

Several other institutional investors have also recently made changes to their positions in ALL. Janus Henderson Group PLC raised its holdings in shares of Allstate by 4,753.8% during the second quarter. Janus Henderson Group PLC now owns 2,296,651 shares of the insurance provider’s stock valued at $203,116,000 after acquiring an additional 2,249,334 shares during the last quarter. APG Asset Management N.V. increased its holdings in shares of Allstate by 182.7% in the third quarter. APG Asset Management N.V. now owns 3,368,436 shares of the insurance provider’s stock valued at $309,593,000 after purchasing an additional 2,176,800 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Allstate by 249.1% in the second quarter. Principal Financial Group Inc. now owns 1,827,612 shares of the insurance provider’s stock valued at $161,634,000 after purchasing an additional 1,304,131 shares during the last quarter. Voya Investment Management LLC increased its holdings in shares of Allstate by 480.2% in the second quarter. Voya Investment Management LLC now owns 1,496,235 shares of the insurance provider’s stock valued at $132,328,000 after purchasing an additional 1,238,341 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Allstate by 18.8% in the second quarter. Northern Trust Corp now owns 7,202,273 shares of the insurance provider’s stock valued at $636,969,000 after purchasing an additional 1,141,782 shares during the last quarter. 76.33% of the stock is owned by institutional investors and hedge funds.

In other news, EVP Susan L. Lees sold 4,000 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $100.49, for a total transaction of $401,960.00. Following the completion of the transaction, the executive vice president now directly owns 24,341 shares in the company, valued at $2,446,027.09. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Thomas J. Wilson sold 130,000 shares of the firm’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $99.29, for a total value of $12,907,700.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 432,242 shares of company stock valued at $42,827,931. 1.50% of the stock is owned by insiders.

Several equities research analysts recently commented on ALL shares. Barclays increased their price target on Allstate from $101.00 to $107.00 and gave the company an “overweight” rating in a report on Friday, August 11th. Zacks Investment Research raised Allstate from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. UBS increased their price target on Allstate from $93.00 to $102.00 and gave the company a “neutral” rating in a report on Monday, November 6th. Citigroup cut their price target on Allstate from $107.00 to $106.00 and set a “buy” rating for the company in a report on Monday, October 2nd. Finally, Credit Suisse Group increased their price target on Allstate from $91.00 to $95.00 and gave the company a “neutral” rating in a report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. Allstate has a consensus rating of “Hold” and a consensus price target of $95.08.

Shares of Allstate Corporation (NYSE:ALL) opened at $103.62 on Tuesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.26 and a current ratio of 0.26. The stock has a market capitalization of $36,994.96, a price-to-earnings ratio of 15.18, a price-to-earnings-growth ratio of 1.99 and a beta of 1.12. Allstate Corporation has a one year low of $70.22 and a one year high of $104.10.

Allstate (NYSE:ALL) last posted its earnings results on Wednesday, November 1st. The insurance provider reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($0.01). The business had revenue of $8.12 billion for the quarter, compared to analyst estimates of $8.07 billion. Allstate had a return on equity of 13.11% and a net margin of 7.32%. Allstate’s revenue was up 3.2% compared to the same quarter last year. During the same period last year, the business earned $1.26 EPS. equities analysts expect that Allstate Corporation will post 6.23 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Thursday, November 30th will be paid a dividend of $0.37 per share. The ex-dividend date is Wednesday, November 29th. This represents a $1.48 annualized dividend and a yield of 1.43%. Allstate’s dividend payout ratio (DPR) is 20.56%.

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Allstate Profile

The Allstate Corporation (Allstate) is a holding company for Allstate Insurance Company. The Company’s business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company and other subsidiaries. It is engaged in the property-liability insurance business and the life insurance, retirement and investment products business.

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Institutional Ownership by Quarter for Allstate (NYSE:ALL)

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