The Allstate Corporation (ALL) has exhibited a significant performance in Q1 2024, with earnings beating expectations due to expanding auto premiums. The company's auto premium earnings growth was 11%. Raymond James has maintained a strong buy recommendation for Allstate, citing improved pricing power as contributing to the insurer's upward trajectory. Victory Capital Management Inc. and Gunn & Co Investment Management Inc. have increased their stock positions in Allstate. However, Atria Wealth Solutions Inc and Los Angeles Capital Management LLC reduced their shareholdings. The company's shares have returned 50% over the past five years, suggesting robust long-term momentum.
The Allstate Corporation ALL News Analytics from Fri, 14 Jul 2023 07:00:00 GMT to Thu, 09 May 2024 09:40:56 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -5
