Public Employees Retirement Association of Colorado increased its stake in Allstate Corp (NYSE:ALL) by 3.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 67,365 shares of the insurance provider’s stock after acquiring an additional 2,322 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Allstate were worth $7,054,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Afam Capital Inc. grew its position in Allstate by 1.1% in the second quarter. Afam Capital Inc. now owns 25,484 shares of the insurance provider’s stock worth $2,254,000 after acquiring an additional 271 shares in the last quarter. Advisory Services Network LLC grew its position in Allstate by 10.8% in the second quarter. Advisory Services Network LLC now owns 2,798 shares of the insurance provider’s stock worth $247,000 after acquiring an additional 273 shares in the last quarter. IHT Wealth Management LLC grew its position in Allstate by 46.6% in the second quarter. IHT Wealth Management LLC now owns 1,275 shares of the insurance provider’s stock worth $113,000 after acquiring an additional 405 shares in the last quarter. Rothschild Investment Corp IL grew its position in Allstate by 4.1% in the fourth quarter. Rothschild Investment Corp IL now owns 12,996 shares of the insurance provider’s stock worth $1,361,000 after acquiring an additional 516 shares in the last quarter. Finally, Dana Investment Advisors Inc. grew its position in Allstate by 22.8% in the third quarter. Dana Investment Advisors Inc. now owns 2,838 shares of the insurance provider’s stock worth $261,000 after acquiring an additional 526 shares in the last quarter. Institutional investors own 76.89% of the company’s stock.

Several research analysts recently issued reports on ALL shares. Zacks Investment Research upgraded shares of Allstate from a “hold” rating to a “buy” rating and set a $114.00 target price for the company in a research report on Wednesday, January 3rd. Wells Fargo & Co set a $110.00 target price on shares of Allstate and gave the stock a “buy” rating in a research report on Thursday, November 16th. ValuEngine upgraded shares of Allstate from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Bank of America cut their target price on shares of Allstate from $116.00 to $111.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Goldman Sachs Group started coverage on shares of Allstate in a research report on Monday, December 4th. They issued a “neutral” rating and a $104.00 target price for the company. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $97.40.

Shares of Allstate Corp (NYSE ALL) opened at $90.06 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.26 and a quick ratio of 0.26. The firm has a market cap of $34,759.47, a price-to-earnings ratio of 10.76, a price-to-earnings-growth ratio of 1.43 and a beta of 0.97. Allstate Corp has a one year low of $77.73 and a one year high of $105.36.

Allstate (NYSE:ALL) last issued its quarterly earnings data on Wednesday, February 7th. The insurance provider reported $2.09 EPS for the quarter, beating the consensus estimate of $1.53 by $0.56. The firm had revenue of $8.20 billion during the quarter, compared to the consensus estimate of $8.09 billion. Allstate had a net margin of 8.28% and a return on equity of 12.72%. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.17 earnings per share. equities analysts anticipate that Allstate Corp will post 8.13 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Monday, March 5th will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 2.04%. This is an increase from Allstate’s previous quarterly dividend of $0.37. Allstate’s dividend payout ratio is 17.68%.

In other news, EVP Susan L. Lees sold 4,000 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were 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 of the company’s stock, valued at $2,446,027.09. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.58% of the company’s stock.

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About Allstate

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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