The Allstate Co. (NYSE:ALL) Shares Bought by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC grew its holdings in shares of The Allstate Co. (NYSE:ALL) by 4.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 9,305 shares of the insurance provider’s stock after buying an additional 436 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Allstate were worth $1,794,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Greenleaf Trust increased its holdings in shares of Allstate by 5.7% during the fourth quarter. Greenleaf Trust now owns 10,169 shares of the insurance provider’s stock valued at $1,960,000 after purchasing an additional 545 shares during the period. Spire Wealth Management increased its holdings in shares of Allstate by 30.2% during the fourth quarter. Spire Wealth Management now owns 14,926 shares of the insurance provider’s stock valued at $2,878,000 after purchasing an additional 3,462 shares during the period. Comprehensive Financial Consultants Institutional Inc. increased its holdings in shares of Allstate by 1.5% during the fourth quarter. Comprehensive Financial Consultants Institutional Inc. now owns 13,766 shares of the insurance provider’s stock valued at $2,654,000 after purchasing an additional 203 shares during the period. Tokio Marine Asset Management Co. Ltd. increased its holdings in shares of Allstate by 4.5% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 7,688 shares of the insurance provider’s stock valued at $1,482,000 after purchasing an additional 328 shares during the period. Finally, KG&L Capital Management LLC acquired a new position in shares of Allstate during the fourth quarter valued at $246,000. 76.47% of the stock is owned by institutional investors and hedge funds.

Allstate Stock Down 0.1 %

Shares of Allstate stock opened at $192.13 on Tuesday. The stock has a 50-day moving average price of $193.92 and a 200 day moving average price of $188.58. The company has a market cap of $50.87 billion, a P/E ratio of 12.44, a P/E/G ratio of 1.47 and a beta of 0.52. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.43. The Allstate Co. has a 1 year low of $153.87 and a 1 year high of $209.88.

Allstate Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, November 29th were paid a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 1.92%. The ex-dividend date was Friday, November 29th. Allstate’s dividend payout ratio is currently 23.83%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ALL. Bank of America raised their target price on Allstate from $216.00 to $233.00 and gave the company a “buy” rating in a research note on Friday, October 18th. JPMorgan Chase & Co. raised their target price on Allstate from $205.00 to $207.00 and gave the company an “overweight” rating in a research note on Thursday, October 10th. Evercore ISI raised Allstate from an “in-line” rating to an “outperform” rating in a research note on Wednesday, January 8th. UBS Group raised their target price on Allstate from $216.00 to $225.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Finally, Jefferies Financial Group raised their target price on Allstate from $231.00 to $267.00 and gave the company a “buy” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Allstate presently has a consensus rating of “Moderate Buy” and a consensus price target of $218.13.

Allstate Profile

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.