Empowered Funds LLC and
Commerce Bank have decreased their stock holdings in
The Allstate Corporation, while
Csenge Advisory Group,
Empirical Financial Services LLC d.b.a. Empirical Wealth Management,
Envestnet Portfolio Solutions Inc. and others have acquired more shares. Despite some insider sales from Director
Judith Sprieser and
EVP, Chief HR Officer Robert Toohey,
Allstate was found to have
79% institutional ownership and a notable return of
73% over the past five years.
JPMorgan Chase & Co. has given Allstate a new price target of
$200.00, projecting potential growth.
Allstate's Q1 2024 earnings the expanded auto premiums and Q4 earnings which beat estimates suggest a significant turnaround. The company has shown remarkable resilience, with stock outperforming the broader market and displaying value and momentum for the long-term. Upcoming activities include a Q2 2024
earnings call and
quarterly dividends. However, a sizeable quantity of
shares sold by insiders could indicate impending weakness. Overall, Allstate displays promising future prospects, attractive dividends, underpinned by broad-based profit improvement.
The Allstate Corporation ALL News Analytics from Wed, 02 Aug 2023 07:00:00 GMT to Sun, 14 Jul 2024 13:52:16 GMT -
Rating 8
- Innovation 2
- Information 7
- Rumor 6
