Multiple key players in the financial industry shifted their holdings in
The Allstate Corporation (NYSE:ALL). Several entities including
Mackenzie Financial Corp, Vise Technologies Inc, Universal Beteiligungs und Servicegesellschaft mbH and
Public Employees Retirement System of Ohio increased their stock positions, while others like
GTS Securities LLC, Birmingham Capital Management Co. Inc, and
Woodline Partners LP reduced theirs. The Allstate Co. announced consistent
quarterly dividends of $1.00 per share and unveiled a key investor presentation. Further, the company revealed its growth strategy, with its CFO highlighting its robust plans.
Hedge Funds and Billionaires consider Allstate as one of the best insurance stocks to buy. Several other analysts believe that it is one of the most undervalued insurance stocks indicating a
positive outlook for the company. However, the company's stock dropped slightly despite overall market gains. It's also reported that Allstate plans to sell its stop-loss insurance business to Nationwide for $1.25 billion, as part of its strategic streamlining initiatives.
The Allstate Corporation ALL News Analytics from Wed, 30 Oct 2024 07:00:00 GMT to Sat, 31 May 2025 22:27:14 GMT -
Rating 5
- Innovation 2
- Information 5
- Rumor -3
