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The Allstate (NYSE:ALL) CFO Steven E. Shebik unloaded 20,836 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $59.24, for a total value of $1,234,324.64. Following the completion of the sale, the chief financial officer now directly owns 56,043 shares in the company, valued at approximately $3,319,987. The sale was disclosed in a document filed with the SEC, which is available at this link.

The Allstate (NYSE:ALL) traded up 0.99% on Tuesday, hitting $60.15. The stock had a trading volume of 3,452,967 shares. The Allstate has a 52-week low of $47.32 and a 52-week high of $59.97. The stock’s 50-day moving average is $58.50 and its 200-day moving average is $56.48. The company has a market cap of $26.069 billion and a P/E ratio of 11.66.

The Allstate (NYSE:ALL) last posted its earnings results on Wednesday, July 30th. The company reported $1.01 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.86 by $0.15. The company had revenue of $8.86 billion for the quarter, compared to the consensus estimate of $7.58 million. During the same quarter last year, the company posted $1.12 earnings per share. The Allstate’s revenue was up 5.0% compared to the same quarter last year. Analysts expect that The Allstate will post $5.00 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 1st. Shareholders of record on Friday, August 29th will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend is Wednesday, August 27th.

A number of analysts have recently weighed in on ALL shares. Analysts at Deutsche Bank reiterated a “hold” rating on shares of The Allstate in a research note on Tuesday. They now have a $63.00 price target on the stock, up previously from $60.00. Separately, analysts at Keefe, Bruyette & Woods reiterated a “buy” rating on shares of The Allstate in a research note on Friday, August 1st. They now have a $65.00 price target on the stock, up previously from $63.00. Finally, analysts at Nomura reiterated a “neutral” rating on shares of The Allstate in a research note on Thursday, July 31st. They now have a $57.00 price target on the stock, up previously from $56.00. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The Allstate has a consensus rating of “Buy” and a consensus target price of $64.75.

The Allstate Corporation (NYSE:ALL) is a holding company for Allstate Insurance Company.

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