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The Allstate Corporation ALL - News Analyzed: 8,897 - Today: 100 - Last Week: 100 - Last Month: 500

↑ Multiple Firms Adjust Stakes in The Allstate Corporation; Strong Q3 Performance Drives Positive Outlook

Multiple Firms Adjust Stakes in The Allstate Corporation; Strong Q3 Performance Drives Positive Outlook
Mitsubishi UFJ Trust & Banking Corp, KBC Group NV, and ProShare Advisors LLC have reduced their stake in The Allstate Corporation while Police & Firemen's Retirement System, Forsta AP Fonden, and Geode Capital Management increased their holdings. Despite Trian Fund Management's exit and Evercore ISI downgrading Allstate's rating, Allstate remains an attractive investment for firms like Vise Technologies and Beck Bode LLC. Firms like Vestmark Advisory Solutions Inc. and RWA Wealth Partners LLC also made new investments. In addition, Allstate reported strong Q3 earnings and UBS Group and William Blair have an optimistic outlook on its performance. Allstate's stock price is expected to rise and its strong Q3 earnings and analyst upgrades indicate potential value. Resona Asset Management Co. Ltd. has a $19.44 million stake, indicating confidence. The Allstate Corporation saw its shares purchased by Nordea Investment Management and First Citizens Bank.

The Allstate Corporation ALL News Analytics from Thu, 19 Jun 2025 07:00:00 GMT to Sat, 15 Nov 2025 20:03:14 GMT - Rating 6 - Innovation -3 - Information 7 - Rumor -1

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