Allstate Corp (ALL) Holdings Increased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its position in shares of Allstate Corp (NYSE:ALL) by 3.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,641,449 shares of the insurance provider’s stock after purchasing an additional 58,634 shares during the quarter. Allstate accounts for 0.6% of Robeco Institutional Asset Management B.V.’s investment portfolio, making the stock its 26th biggest holding. Robeco Institutional Asset Management B.V. owned about 0.47% of Allstate worth $162,056,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in ALL. NN Investment Partners Holdings N.V. boosted its stake in Allstate by 10.3% in the 2nd quarter. NN Investment Partners Holdings N.V. now owns 47,182 shares of the insurance provider’s stock worth $4,306,000 after purchasing an additional 4,405 shares during the period. Legacy Private Trust Co. boosted its stake in Allstate by 23.1% in the 2nd quarter. Legacy Private Trust Co. now owns 60,905 shares of the insurance provider’s stock worth $5,559,000 after purchasing an additional 11,410 shares during the period. Reliance Trust Co. of Delaware boosted its stake in Allstate by 8.6% in the 2nd quarter. Reliance Trust Co. of Delaware now owns 7,277 shares of the insurance provider’s stock worth $664,000 after purchasing an additional 575 shares during the period. Hills Bank & Trust Co. boosted its stake in Allstate by 4.4% in the 2nd quarter. Hills Bank & Trust Co. now owns 16,545 shares of the insurance provider’s stock worth $1,510,000 after purchasing an additional 690 shares during the period. Finally, Segment Wealth Management LLC boosted its stake in Allstate by 2.6% in the 2nd quarter. Segment Wealth Management LLC now owns 34,935 shares of the insurance provider’s stock worth $3,189,000 after purchasing an additional 889 shares during the period. 76.37% of the stock is currently owned by institutional investors.

ALL has been the subject of several recent analyst reports. Zacks Investment Research downgraded Allstate from a “buy” rating to a “hold” rating in a research note on Monday, September 24th. Bank of America dropped their price target on Allstate from $113.00 to $110.00 and set a “buy” rating for the company in a research note on Friday, November 2nd. Wells Fargo & Co set a $100.00 price target on Allstate and gave the stock a “hold” rating in a research note on Wednesday, October 31st. B. Riley upped their price target on Allstate from $88.00 to $103.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 7th. Finally, Citigroup dropped their price target on Allstate from $115.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, November 2nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $103.92.

In other news, EVP Harriet K. Harty sold 10,515 shares of the stock in a transaction that occurred on Thursday, September 13th. The stock was sold at an average price of $98.87, for a total transaction of $1,039,618.05. Following the completion of the transaction, the executive vice president now directly owns 14,606 shares in the company, valued at approximately $1,444,095.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jesse E. Merten sold 696 shares of the stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $92.12, for a total value of $64,115.52. Following the transaction, the executive vice president now owns 2,102 shares of the company’s stock, valued at $193,636.24. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by corporate insiders.

NYSE ALL opened at $93.72 on Friday. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.30. The company has a market cap of $31.87 billion, a PE ratio of 13.97, a PEG ratio of 1.20 and a beta of 0.87. Allstate Corp has a one year low of $88.29 and a one year high of $105.36.

Allstate (NYSE:ALL) last posted its earnings results on Wednesday, October 31st. The insurance provider reported $1.93 EPS for the quarter, missing analysts’ consensus estimates of $2.21 by ($0.28). The firm had revenue of $8.60 billion for the quarter, compared to the consensus estimate of $8.51 billion. Allstate had a net margin of 9.38% and a return on equity of 15.48%. The firm’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.60 earnings per share. On average, sell-side analysts expect that Allstate Corp will post 9.24 EPS for the current year.

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Allstate Company Profile

The Allstate Corporation, together with its subsidiaries, engages in property and casualty insurance, and life insurance businesses in the United States and Canada. The company's Allstate Protection segment sells private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance policies; other personal lines products, including renter, condominium, landlord, boat, umbrella, and manufactured home insurance policies; and commercial lines products under the Allstate, Esurance, and Encompass brand names.

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Institutional Ownership by Quarter for Allstate (NYSE:ALL)

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