Dimensional Fund Advisors LP decreased its holdings in shares of Allstate Corporation (The) (NYSE:ALL) by 0.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,633,588 shares of the insurance provider’s stock after selling 5,299 shares during the quarter. Dimensional Fund Advisors LP owned about 0.73% of Allstate worth $242,036,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Canada Pension Plan Investment Board increased its holdings in Allstate by 3.1% during the 3rd quarter. Canada Pension Plan Investment Board now owns 491,833 shares of the insurance provider’s stock valued at $45,204,000 after purchasing an additional 14,700 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new position in shares of Allstate in the 2nd quarter worth $1,671,000. State of Tennessee Treasury Department boosted its position in shares of Allstate by 16.7% in the 2nd quarter. State of Tennessee Treasury Department now owns 593,694 shares of the insurance provider’s stock worth $52,506,000 after purchasing an additional 85,026 shares during the last quarter. Aperio Group LLC boosted its position in shares of Allstate by 16.4% in the 3rd quarter. Aperio Group LLC now owns 410,026 shares of the insurance provider’s stock worth $37,685,000 after purchasing an additional 57,713 shares during the last quarter. Finally, Toronto Dominion Bank boosted its position in shares of Allstate by 11.1% in the 3rd quarter. Toronto Dominion Bank now owns 137,390 shares of the insurance provider’s stock worth $12,627,000 after purchasing an additional 13,713 shares during the last quarter. Hedge funds and other institutional investors own 76.65% of the company’s stock.

Shares of Allstate Corporation (NYSE:ALL) traded up $0.39 during trading hours on Monday, hitting $102.50. The stock had a trading volume of 1,308,700 shares, compared to its average volume of 1,869,039. Allstate Corporation has a 12 month low of $71.51 and a 12 month high of $104.10. The company has a market capitalization of $36,779.66, a PE ratio of 15.10, a PEG ratio of 1.97 and a beta of 1.12. The company has a current ratio of 0.26, a quick 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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.01). Allstate had a return on equity of 13.11% and a net margin of 7.32%. The firm had revenue of $8.12 billion for the quarter, compared to the consensus estimate of $8.07 billion. During the same quarter in the prior year, the firm earned $1.26 EPS. The company’s revenue was up 3.2% on a year-over-year basis. analysts forecast that Allstate Corporation will post 6.23 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Thursday, November 30th will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.44%. The ex-dividend date is Wednesday, November 29th. Allstate’s dividend payout ratio (DPR) is currently 20.56%.

In other Allstate news, EVP Susan L. Lees sold 4,000 shares of the company’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $100.49, for a total transaction of $401,960.00. Following the completion of the sale, the executive vice president now directly owns 24,341 shares in the company, valued at $2,446,027.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Suren Gupta sold 103,242 shares of the company’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $98.68, for a total value of $10,187,920.56. The disclosure for this sale can be found here. Over the last quarter, insiders sold 432,242 shares of company stock valued at $42,827,931. 1.50% of the stock is currently owned by corporate insiders.

ALL has been the topic of several recent analyst reports. Wells Fargo & Company set a $110.00 target price on Allstate and gave the stock a “buy” rating in a report on Thursday, November 16th. Citigroup dropped their price target on Allstate from $107.00 to $106.00 and set a “buy” rating on the stock in a research note on Monday, October 2nd. Zacks Investment Research raised Allstate from a “sell” rating to a “hold” rating in a research note on Friday, November 3rd. BidaskClub downgraded Allstate from a “buy” rating to a “hold” rating in a research note on Wednesday, August 16th. Finally, B. Riley reissued a “neutral” rating on shares of Allstate in a research note on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. Allstate has an average rating of “Hold” and an average target price of $95.08.

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Allstate Company 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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