Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Has $155,000 Holdings in The Allstate Co. (NYSE:ALL)

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA trimmed its holdings in The Allstate Co. (NYSE:ALL) by 7.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 800 shares of the insurance provider’s stock after selling 64 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Allstate were worth $155,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of ALL. SPC Financial Inc. grew its position in shares of Allstate by 3.6% in the 3rd quarter. SPC Financial Inc. now owns 1,564 shares of the insurance provider’s stock valued at $297,000 after purchasing an additional 54 shares during the period. Lake Street Advisors Group LLC lifted its stake in Allstate by 1.8% in the third quarter. Lake Street Advisors Group LLC now owns 3,129 shares of the insurance provider’s stock valued at $596,000 after buying an additional 54 shares in the last quarter. Chicago Partners Investment Group LLC boosted its holdings in shares of Allstate by 1.3% in the third quarter. Chicago Partners Investment Group LLC now owns 4,630 shares of the insurance provider’s stock valued at $893,000 after buying an additional 59 shares during the period. Carmichael Hill & Associates Inc. increased its position in shares of Allstate by 15.0% during the third quarter. Carmichael Hill & Associates Inc. now owns 460 shares of the insurance provider’s stock worth $87,000 after acquiring an additional 60 shares in the last quarter. Finally, Apella Capital LLC raised its holdings in shares of Allstate by 1.9% during the fourth quarter. Apella Capital LLC now owns 3,231 shares of the insurance provider’s stock worth $623,000 after acquiring an additional 60 shares during the period. 76.47% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ALL has been the subject of a number of research analyst reports. Wells Fargo & Company upped their target price on shares of Allstate from $186.00 to $187.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 14th. Piper Sandler increased their price objective on Allstate from $206.00 to $244.00 and gave the stock an “overweight” rating in a report on Tuesday, November 26th. The Goldman Sachs Group lifted their target price on Allstate from $209.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Keefe, Bruyette & Woods upped their price target on Allstate from $235.00 to $243.00 and gave the stock an “outperform” rating in a research report on Friday, January 10th. Finally, Jefferies Financial Group lifted their price objective on shares of Allstate from $231.00 to $267.00 and gave the company a “buy” rating in a report on Friday, November 8th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Allstate currently has an average rating of “Moderate Buy” and a consensus target price of $218.13.

Allstate Trading Down 0.9 %

Shares of NYSE:ALL opened at $190.24 on Monday. The company has a 50-day simple moving average of $192.41 and a 200 day simple moving average of $189.07. The company has a market capitalization of $50.37 billion, a P/E ratio of 11.20, a price-to-earnings-growth ratio of 1.47 and a beta of 0.52. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.40 and a current ratio of 0.36. The Allstate Co. has a 52-week low of $153.87 and a 52-week high of $209.88.

Allstate (NYSE:ALL) last issued its earnings results on Wednesday, February 5th. The insurance provider reported $7.67 EPS for the quarter, topping the consensus estimate of $5.40 by $2.27. Allstate had a return on equity of 28.20% and a net margin of 7.28%. Sell-side analysts forecast that The Allstate Co. will post 18.64 earnings per share for the current year.

Allstate Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, November 29th were given a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 1.93%. The ex-dividend date was Friday, November 29th. Allstate’s payout ratio is presently 21.66%.

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.