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The Allstate (NYSE:ALL) EVP Judith P. Greffin unloaded 60,034 shares of the company’s stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $59.50, for a total transaction of $3,572,023.00. Following the sale, the executive vice president now directly owns 50,656 shares in the company, valued at approximately $3,014,032. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

The Allstate (NYSE:ALL) traded up 0.99% during mid-day trading on Tuesday, hitting $60.15. The stock had a trading volume of 3,453,229 shares. The Allstate has a 1-year low of $47.32 and a 1-year high of $60.19. The stock has a 50-day moving average of $58.53 and a 200-day moving average of $56.5. The company has a market cap of $26.069 billion and a price-to-earnings ratio of 11.66.

The Allstate (NYSE:ALL) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $1.01 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $1.12 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis. On average, analysts predict that The Allstate will post $5.00 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 1st. Stockholders 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.

ALL has been the subject of a number of recent research reports. 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 investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently 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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