Allstate Corp (NYSE:ALL) Q1 2018 Sentiment Change, Now at 0.81

June 27, 2018 - By Alex Paulin

The Allstate Corporation (NYSE:ALL) Corporate Logo

“Big money” Positions

In 2018 Q1 Allstate Corp (NYSE:ALL) big money sentiment decreased to 0.81, revealed SEC filings. So its down -0.15, from 2017Q4’s 0.96. 306 institutional investors increased or opened new positions, while 376 sold and reduced their equity positions in Allstate Corp so the sentiment turned negative. Funds own 260.00 million shares, down from 266.22 million shares in 2017Q4. Funds holding Allstate Corp in top 10 decreased from 17 to 13 for a decrease of 4. In total 62 funds closed positions, 314 reduced and 228 increased. Also 78 funds bought new Allstate Corp stakes.

Most Allstate Corp Investors

Taylor Asset Management Inc owns 277,500 shares in Allstate Corp as of 2018 Q1. As of 2018 Q1, 1.33 million shares of Allstate Corp are owned by Rr Partners Lp. Also, Wilsey Asset Management Inc reported 137,780 shares in Allstate Corp equivalent to 7.16% of its US equity exposure. The Illinois-based fund Bruce & Co. Inc. have invested about 6.61% of the institutional investor’s stock portfolio in Allstate Corp. The Virginia-based fund Edgar Lomax Co Va holds 675,026 shares or 4.6% of their US equity exposure.

The Allstate Corporation, together with its subsidiaries, engages in property-liability insurance and life insurance business in the United States and Canada.The company has $32.36 billion market cap. The companyÂ’s Allstate Protection segment sells private passenger auto, homeowners, and other property-liability insurance products under the Allstate, Esurance, and Encompass brand names.10.01 is the P/E ratio. It also offers 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; commercial lines products for small business owners; roadside assistance products; service contracts; and other products sold in conjunction with auto lending and vehicle sales transactions.

The stock decreased 0.18% or $0.17 during the last trading session, reaching $92.05.Currently The Allstate Corporation is uptrending after 10.63% change in last June 27, 2017. ALL has also 90,516 shares volume. ALL underperformed the S&P500 by 1.94%.

Investors expect The Allstate Corporation (NYSE:ALL)’s quarterly earnings on August, 1 after the close., as reported by Faxor. Analysts expect change of 15.94 % or $0.22 from previous year’s $1.38 EPS compared to current’s $1.60 EPS. If EPS of $1.60 is reported the profit of ALL could hit $562.39M giving it 14.38 P/E. -45.95 % negative EPS growth is what analysts predict. $2.96 EPS was reported for previous quarter.

Pub Employees Retirement Association Of Colorado holds 0.04% in The Allstate Corporation (NYSE:ALL) or 65,097 shs. Ibm Retirement Fund owns 0.14% invested in The Allstate Corporation (NYSE:ALL) for 7,826 shs. Exane Derivatives reported 517 shs. Millennium Management Ltd Llc holds 0.1% in The Allstate Corporation (NYSE:ALL) or 787,419 shs. National Bank Of Stockton has 0.68% invested in The Allstate Corporation (NYSE:ALL). Employees Retirement Of Texas reported 119,600 shs stake. State Of New Jersey Common Pension Fund D holds 0.1% or 261,054 shs. Oppenheimer Asset Management, New York-based fund reported 3,481 shs. 34,046 are held by Segment Wealth Mgmt Ltd Liability Co. Benjamin F Edwards & Inc holds 0.01% or 914 shs. Tarbox Family Office has invested 0% in The Allstate Corporation (NYSE:ALL). Artisan Prtnrs Ltd Partnership holds 1.20M shs. Sit Inv Assocs holds 52,725 shs. Bb&T Secs Limited holds 141,040 shs. Sei Invests owns 71,694 shs.

The Allstate Corporation (NYSE:ALL) Ratings Coverage

In total 8 analysts cover The Allstate Corporation (NYSE:ALL). “Buy” rating has 3, “Sell” are 0, while 5 are “Hold”. 38% are bullish. With $115 highest and $8400 lowest PT The Allstate Corporation has $102.29 average PT or 11.12% above the current ($92.05) price. 13 are the (NYSE:ALL)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Monday, April 16 FBR Capital maintained The Allstate Corporation (NYSE:ALL) rating. FBR Capital has “Hold” rating and $8400 target. In Tuesday, March 27 report Citigroup maintained it with “Buy” rating and $112 target. On Friday, May 4 Citigroup maintained The Allstate Corporation (NYSE:ALL) rating. Citigroup has “Buy” rating and $108 target. On Tuesday, April 10 Citigroup maintained The Allstate Corporation (NYSE:ALL) with “Buy” rating. On Sunday, April 1 the stock has “Hold” rating by Keefe Bruyette & Woods. The company rating was downgraded by Keefe Bruyette & Woods on Tuesday, January 2. On Wednesday, February 14 the stock of The Allstate Corporation (NYSE:ALL) earned “Sell” rating by Keefe Bruyette & Woods. On Friday, February 9 Deutsche Bank maintained The Allstate Corporation (NYSE:ALL) rating. Deutsche Bank has “Hold” rating and $100 target. On Wednesday, February 21 Morgan Stanley maintained The Allstate Corporation (NYSE:ALL) rating. Morgan Stanley has “Equal-Weight” rating and $105 target. In Friday, February 16 report Citigroup maintained it with “Buy” rating and $111 target.

The Allstate Corporation (NYSE:ALL) Institutional Investors Chart

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