The Allstate Co. (NYSE:ALL) Shares Acquired by Natixis Advisors L.P.

Natixis Advisors L.P. increased its stake in shares of The Allstate Co. (NYSE:ALL - Free Report) by 6.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 264,960 shares of the insurance provider's stock after acquiring an additional 15,163 shares during the period. Natixis Advisors L.P. owned about 0.10% of Allstate worth $37,087,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of ALL. Vanguard Group Inc. boosted its stake in shares of Allstate by 11.5% during the 3rd quarter. Vanguard Group Inc. now owns 32,270,589 shares of the insurance provider's stock worth $3,595,266,000 after acquiring an additional 3,322,673 shares in the last quarter. Invesco Ltd. grew its holdings in Allstate by 46.6% in the third quarter. Invesco Ltd. now owns 4,121,941 shares of the insurance provider's stock valued at $459,225,000 after purchasing an additional 1,311,095 shares during the period. Diamond Hill Capital Management Inc. increased its position in shares of Allstate by 23.0% in the third quarter. Diamond Hill Capital Management Inc. now owns 4,184,211 shares of the insurance provider's stock valued at $466,163,000 after buying an additional 782,696 shares in the last quarter. Nordea Investment Management AB raised its stake in shares of Allstate by 49.5% during the 3rd quarter. Nordea Investment Management AB now owns 1,640,174 shares of the insurance provider's stock worth $183,388,000 after buying an additional 542,842 shares during the period. Finally, Morgan Stanley lifted its position in shares of Allstate by 16.9% during the 3rd quarter. Morgan Stanley now owns 3,701,607 shares of the insurance provider's stock valued at $412,396,000 after buying an additional 536,137 shares in the last quarter. 76.47% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ALL has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods upped their price objective on shares of Allstate from $181.00 to $189.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 10th. Raymond James raised their price target on shares of Allstate from $155.00 to $180.00 and gave the company a "strong-buy" rating in a research note on Monday, January 22nd. Wells Fargo & Company boosted their price objective on Allstate from $145.00 to $146.00 and gave the stock an "underweight" rating in a research note on Thursday, April 11th. Evercore ISI raised their target price on Allstate from $166.00 to $173.00 and gave the company an "in-line" rating in a research report on Thursday, April 11th. Finally, TD Cowen assumed coverage on Allstate in a research report on Wednesday, January 10th. They set an "outperform" rating and a $193.00 price target for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $174.18.

Insider Buying and Selling at Allstate

In other Allstate news, insider John E. Dugenske sold 31,000 shares of Allstate stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $170.20, for a total transaction of $5,276,200.00. Following the completion of the sale, the insider now directly owns 63,731 shares in the company, valued at $10,847,016.20. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Allstate news, insider John E. Dugenske sold 31,000 shares of the company's stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $170.20, for a total transaction of $5,276,200.00. Following the transaction, the insider now directly owns 63,731 shares in the company, valued at $10,847,016.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO John C. Pintozzi sold 4,000 shares of Allstate stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $159.47, for a total value of $637,880.00. Following the completion of the sale, the chief accounting officer now directly owns 10,736 shares of the company's stock, valued at $1,712,069.92. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by corporate insiders.

Allstate Trading Down 0.6 %

NYSE:ALL traded down $1.00 on Friday, hitting $168.18. The stock had a trading volume of 1,668,295 shares, compared to its average volume of 1,508,644. The company has a fifty day moving average price of $166.06 and a two-hundred day moving average price of $150.95. The Allstate Co. has a 1-year low of $100.57 and a 1-year high of $177.37. The company has a quick ratio of 0.37, a current ratio of 0.36 and a debt-to-equity ratio of 0.48. The stock has a market cap of $44.39 billion, a price-to-earnings ratio of 37.13, a PEG ratio of 0.40 and a beta of 0.51.

Allstate (NYSE:ALL - Get Free Report) last released its quarterly earnings data on Thursday, May 2nd. The insurance provider reported $5.13 EPS for the quarter, beating analysts' consensus estimates of $4.11 by $1.02. The firm had revenue of $15.26 billion for the quarter, compared to analysts' expectations of $12.76 billion. Allstate had a return on equity of 14.44% and a net margin of 2.31%. The firm's quarterly revenue was up 10.7% on a year-over-year basis. During the same period in the prior year, the firm posted ($1.30) earnings per share. Equities research analysts expect that The Allstate Co. will post 14.04 earnings per share for the current fiscal year.

Allstate Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Monday, March 4th were issued a $0.92 dividend. This is a positive change from Allstate's previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend was Friday, March 1st. Allstate's payout ratio is 81.24%.

Allstate Profile

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments.