BKD Wealth Advisors LLC grew its position in shares of Allstate Corp (NYSE:ALL) by 20.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,056 shares of the insurance provider’s stock after buying an additional 526 shares during the quarter. BKD Wealth Advisors LLC’s holdings in Allstate were worth $320,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Arrow Financial Corp increased its holdings in shares of Allstate by 100.0% in the 3rd quarter. Arrow Financial Corp now owns 1,106 shares of the insurance provider’s stock valued at $102,000 after purchasing an additional 553 shares in the last quarter. Financial Engines Advisors L.L.C. purchased a new position in shares of Allstate in the 3rd quarter valued at about $116,000. IHT Wealth Management LLC increased its holdings in shares of Allstate by 46.6% in the 2nd quarter. IHT Wealth Management LLC now owns 1,275 shares of the insurance provider’s stock valued at $113,000 after purchasing an additional 405 shares in the last quarter. Baker Ellis Asset Management LLC purchased a new position in shares of Allstate in the 3rd quarter valued at about $120,000. Finally, Synovus Financial Corp purchased a new position in shares of Allstate in the 3rd quarter valued at about $137,000. Institutional investors own 76.56% of the company’s stock.

In related news, EVP Susan L. Lees sold 4,000 shares of the stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $100.49, for a total value of $401,960.00. Following the sale, the executive vice president now directly owns 24,341 shares of the company’s stock, valued at approximately $2,446,027.09. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Thomas J. Wilson sold 130,000 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $99.29, for a total transaction of $12,907,700.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 432,242 shares of company stock worth $42,827,931. 1.58% of the stock is owned by corporate insiders.

A number of equities analysts have recently issued reports on ALL shares. Citigroup cut their price target on shares of Allstate from $107.00 to $106.00 and set a “buy” rating for the company in a report on Monday, October 2nd. Zacks Investment Research downgraded shares of Allstate from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. Wells Fargo & Co set a $105.00 price target on shares of Allstate and gave the company a “buy” rating in a report on Thursday, October 19th. Credit Suisse Group increased their price target on shares of Allstate from $91.00 to $95.00 and gave the company a “neutral” rating in a report on Thursday, November 2nd. Finally, UBS Group increased their price target on shares of Allstate from $93.00 to $102.00 and gave the company a “neutral” rating in a report on Monday, November 6th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $96.43.

Shares of Allstate Corp (NYSE ALL) opened at $103.70 on Friday. The company has a market cap of $37,210.00, a PE ratio of 14.40, a P/E/G ratio of 1.55 and a beta of 1.12. Allstate Corp has a 12 month low of $73.96 and a 12 month high of $105.36. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.31.

Allstate (NYSE:ALL) last issued its quarterly earnings data on Wednesday, November 1st. The insurance provider reported $1.60 EPS for the quarter, missing the Zacks’ consensus estimate of $1.61 by ($0.01). The business had revenue of $8.12 billion during the quarter, compared to analyst estimates of $8.07 billion. Allstate had a net margin of 7.32% and a return on equity of 13.11%. Allstate’s revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.26 earnings per share. equities analysts anticipate that Allstate Corp will post 6.16 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Thursday, November 30th were paid a $0.37 dividend. The ex-dividend date was Wednesday, November 29th. This represents a $1.48 dividend on an annualized basis and a yield of 1.43%. Allstate’s payout ratio is 20.56%.

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Allstate Profile

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.

Institutional Ownership by Quarter for Allstate (NYSE:ALL)

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