HM Payson & Co. Sells 1,842 Shares of Allstate Corp (NYSE:ALL)
HM Payson & Co. trimmed its stake in shares of Allstate Corp (NYSE:ALL) by 12.eight% within the second quarter, HoldingsChannel reports. The firm owned 12,507 shares of the insurance protection provider’s inventory after promoting 1,842 shares throughout the quarter. HM Payson & Co.’s holdings in Allstate were charge $1,272,000 as of its most contemporary submitting with the Securities and Exchange Price (SEC).
Diverse hedge funds also recently added to or decreased their stakes within the firm.
MAI Capital Management boosted its space in shares of Allstate by eight.5% within the second quarter. MAI Capital Management now owns four,593 shares of the insurance protection provider’s inventory valued at $467,000 after acquiring an extra 358 Eaton Vance Management increased its holdings in Allstate by 14.2% within the 2nd quarter. Eaton Vance Management now owns 753,237 shares of the insurance protection provider’s inventory charge $seventy six,597,000 after acquiring an extra 93,405 shares throughout the final quarter.
Amundi Pioneer Asset Management Inc. increased its holdings in Allstate by forty six.
5% within the 2nd quarter.
Amundi Pioneer Asset Management Inc.
now owns 379,864 shares of the insurance protection provider’s inventory charge $38,628,000 after acquiring an extra a hundred and twenty,557 shares throughout the final quarter. United Services and products Vehicle Association increased its holdings in Allstate by 36.eight% within the 2nd quarter. United Services and products Vehicle Association now owns 460,705 shares of the insurance protection provider’s inventory charge $forty six,849,000 after acquiring an extra 123,962 shares throughout the final quarter.
Finally, ClariVest Asset Management LLC increased its holdings in Allstate by 36.7% within the 2nd quarter. ClariVest Asset Management LLC now owns 5,482 shares of the insurance protection provider’s inventory charge $557,000 after acquiring an extra 1,472 shares throughout the final quarter. seventy six.
eighty one% of the inventory is owned by hedge funds and diversified institutional merchants.
Derive Allstate alerts: In diversified Allstate news, EVP Jesse E. Merten equipped 900 shares of the firm’s inventory in a transaction dated Tuesday, August 6th. The inventory was equipped at an practical tag of $102.
27, for a total charge of $Ninety two,043.00. Following the completion of the transaction, the manager vp now owns four,869 shares within the firm, $497,952.sixty three. The sale was disclosed in a submitting with the SEC, that is also accessed thru the SEC online internet page . Also, Vice Chairman Steven E. Shebik equipped 26,446 shares of the firm’s inventory in a transaction dated Monday, August 5th.
The inventory was equipped at an practical tag of $103.
Fifty six, for a total charge of $2,738,747.seventy six. Following the completion of the transaction, the insider now owns 153,154 shares of the firm’s inventory, $15,860,628.24.
The disclosure for this sale can be stumbled on right here . In the final ninety days, insiders equipped ninety nine,783 shares of firm inventory valued at $10,472,581. 1.60% of the inventory is owned by company insiders.
NYSE ALL traded down $0.
sixty seven throughout trading hours on Friday, hitting $107.44. The firm had a trading quantity of 32,516 shares, 1,475,656.
Allstate Corp has a 52 week low of $77.
00 and a 52 week excessive of $109.55. The firm has a 50 day simple transferring practical of $104.Sixty two and a 200 day simple transferring practical of $100.12.
The firm has a debt-to-fairness ratio of 0.
29, a transient ratio of 0.
28 and a present ratio of 0.28. The firm has a market capitalization of $35.Forty seven billion, a tag-to-earnings ratio of 13.35, a PEG ratio of 1.36 and a beta of 0.82.
Allstate (NYSE:ALL) final issued its earnings outcomes on Tuesday, July thirtieth. The insurance protection provider reported $2.18 EPS for the quarter, topping the consensus estimate of $1.
forty eight by $0.70. Allstate had a return on fairness of 12.sixty six% and a ranking margin of 6.52%. The change had income of $eight.
ninety nine billion throughout the quarter, when put next to the consensus estimate of $eight.96 billion. All thru the an identical quarter final year, the firm earned $2.00 EPS.
The firm’s income was up 6.2% when put next to the an identical quarter final year.
On practical, overview analysts forecast that Allstate Corp will post 9.Fifty three earnings per fragment for the present year.
The change also recently announced a quarterly dividend, that is also paid on Tuesday, October 1st. Shareholders of file on Friday, August thirtieth shall be paid a $0.50 dividend. The ex-dividend date is Thursday, August twenty ninth.
This represents a $2.00 annualized dividend and a yield of 1.86%. Allstate’s dividend payout ratio is currently 24.seventy eight%.
Several brokerages recently weighed in on ALL.
Morgan Stanley lifted their tag purpose on Allstate from $108.00 to $110.
00 and gave the inventory an “equal weight” ranking in a document on Thursday, August fifteenth. Raymond James lifted their tag purpose on Allstate from $One hundred fifteen.00 to $100 twenty 5.00 and gave the inventory a “stable-capture” ranking in a document on Thursday, August 1st.
Barclays space a $100 twenty 5.00 tag purpose on Allstate and gave the inventory a “capture” ranking in a document on Monday, August twelfth. Buckingham Review lifted their tag purpose on Allstate from $100.00 to $104.
00 and gave the inventory a “neutral” ranking in a document on Thursday, September twelfth. Finally, Credit ranking Suisse Group reduced Allstate from a “neutral” ranking to an “underperform” ranking and decreased their tag purpose for the inventory from $100.00 to $Ninety four.00 in a document on Thursday, July eleventh. One analyst has rated the inventory with a sell ranking, eight own given a again ranking, six own assigned a capture ranking and one has issued a stable capture ranking to the firm.
Allstate currently has a consensus ranking of “Preserve” and a consensus tag purpose of $107.Ninety two.
Allstate Company Profile
The Allstate Company, thru its subsidiaries, offers property and casualty, and diversified insurance protection products within the United States and Canada. The firm operates thru Allstate Protection, Provider Agencies, Allstate Lifestyles, and Allstate Advantages segments. The Allstate Protection section offers private passenger auto and householders insurance protection; forte auto products, alongside with bike, trailer, motor house, and off-avenue automobile insurance protection; diversified private strains products, akin to renter, condominium, landlord, boat, umbrella, and manufactured house insurance protection; and industrial strains products beneath the Allstate, Esurance, and Embody stamp names.
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