Capital Advisory Group Advisory Services LLC Has $1.17 Million Position in The Allstate Co. (NYSE:ALL)

Capital Advisory Group Advisory Services LLC boosted its position in The Allstate Co. (NYSE:ALL) by 4.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,059 shares of the insurance provider’s stock after buying an additional 285 shares during the quarter. Capital Advisory Group Advisory Services LLC’s holdings in Allstate were worth $1,168,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of ALL. Strategic Financial Concepts LLC increased its holdings in shares of Allstate by 15,062.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,119,129 shares of the insurance provider’s stock worth $215,757,000 after acquiring an additional 1,111,748 shares during the last quarter. Pathway Financial Advisers LLC raised its position in shares of Allstate by 18,472.5% in the third quarter. Pathway Financial Advisers LLC now owns 1,052,687 shares of the insurance provider’s stock valued at $199,642,000 after purchasing an additional 1,047,019 shares during the period. TimesSquare Capital Management LLC bought a new stake in shares of Allstate during the 3rd quarter worth about $77,819,000. Los Angeles Capital Management LLC grew its stake in Allstate by 688.4% in the 3rd quarter. Los Angeles Capital Management LLC now owns 460,282 shares of the insurance provider’s stock valued at $87,292,000 after buying an additional 401,901 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec lifted its position in Allstate by 291.9% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 356,065 shares of the insurance provider’s stock worth $67,528,000 after acquiring an additional 265,213 shares during the last quarter. Institutional investors own 76.47% of the company’s stock.

Allstate Stock Down 1.2 %

Allstate stock opened at $189.37 on Friday. The company has a market capitalization of $50.15 billion, a PE ratio of 11.15, a PEG ratio of 1.03 and a beta of 0.52. The Allstate Co. has a 12-month low of $153.87 and a 12-month high of $209.88. The firm’s fifty day moving average is $190.46 and its 200 day moving average is $190.04. The company has a quick ratio of 0.40, a current ratio of 0.36 and a debt-to-equity ratio of 0.42.

Allstate (NYSE:ALL) last posted its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $7.67 earnings per share for the quarter, topping analysts’ consensus estimates of $5.40 by $2.27. Allstate had a return on equity of 28.20% and a net margin of 7.28%. As a group, sell-side analysts predict that The Allstate Co. will post 18.65 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ALL. Wells Fargo & Company increased their target price on Allstate from $186.00 to $187.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 14th. UBS Group lifted their target price on Allstate from $216.00 to $225.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Barclays decreased their price target on shares of Allstate from $187.00 to $183.00 and set an “underweight” rating on the stock in a research note on Monday, January 6th. Morgan Stanley lifted their price objective on shares of Allstate from $220.00 to $228.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Allstate from $235.00 to $240.00 and gave the stock an “outperform” rating in a report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $217.94.

Insider Buying and Selling

In related news, CFO Jesse E. Merten sold 40,102 shares of Allstate stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $186.53, for a total transaction of $7,480,226.06. Following the transaction, the chief financial officer now owns 18,115 shares of the company’s stock, valued at $3,378,990.95. The trade was a 68.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.80% of the stock is currently owned by company insiders.

About Allstate

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments.