The Allstate Corporation (ALL) saw varied investment interest with entities such as
Focus Partners Wealth, OMERS ADMINISTRATION Corp, and NorthRock Partners increasing their positions, while others like
Investment Management Corp of Ontario, Moore Capital Management, and Centiva Capital reduced theirs. Prominent billionaire investor
Nelson Peltz has also picked the stock as having high upside potential. The company reported strong revenue growth for Q1 of 2025 amid catastrophic losses, maintaining a positive outlook. Analysts generally hold a moderate buy rating for the stock, with
Keefe analysts maintaining outperform rating and setting a target of $235. All the executive moves were shadowed by their report of catastrophic losses of
$594 Million in April. Yet with a rumour of higher premiums, the future health of Allstate could be positive. Other market movements include both buy and sell actions by various financial groups along with estimates of the Q1 earnings outperforming the expected.
The Allstate Corporation ALL News Analytics from Wed, 05 Feb 2025 08:00:00 GMT to Sat, 17 May 2025 19:04:35 GMT -
Rating 2
- Innovation -6
- Information 6
- Rumor -8
