1,400 Shares in The Allstate Co. (NYSE:ALL) Acquired by Duncan Williams Asset Management LLC

Duncan Williams Asset Management LLC purchased a new stake in The Allstate Co. (NYSE:ALL - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 1,400 shares of the insurance provider's stock, valued at approximately $270,000.

Several other hedge funds also recently added to or reduced their stakes in ALL. FSA Wealth Management LLC acquired a new position in Allstate during the 3rd quarter worth approximately $26,000. Northwest Investment Counselors LLC bought a new stake in shares of Allstate in the third quarter worth $28,000. Catalyst Capital Advisors LLC bought a new stake in shares of Allstate in the 3rd quarter worth about $29,000. Peoples Bank KS acquired a new stake in shares of Allstate in the 4th quarter valued at about $49,000. Finally, Transamerica Financial Advisors Inc. bought a new position in shares of Allstate during the third quarter worth about $58,000. 76.47% of the stock is owned by hedge funds and other institutional investors.

Allstate Stock Performance

ALL stock traded up $1.31 during trading on Friday, reaching $185.97. 1,215,509 shares of the company's stock were exchanged, compared to its average volume of 1,532,021. The firm has a market cap of $49.25 billion, a PE ratio of 12.04, a P/E/G ratio of 1.41 and a beta of 0.52. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.43. The Allstate Co. has a 1-year low of $153.42 and a 1-year high of $209.88. The company's fifty day moving average price is $194.70 and its 200-day moving average price is $187.47.

Allstate (NYSE:ALL - Get Free Report) last announced its earnings results on Wednesday, October 30th. The insurance provider reported $3.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.20 by $1.71. The firm had revenue of $16.63 billion during the quarter, compared to analyst estimates of $14.57 billion. Allstate had a net margin of 6.77% and a return on equity of 26.67%. Allstate's revenue was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.81 EPS. On average, research analysts expect that The Allstate Co. will post 16.83 EPS for the current fiscal year.

Allstate Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, November 29th were given a $0.92 dividend. The ex-dividend date was Friday, November 29th. This represents a $3.68 dividend on an annualized basis and a yield of 1.98%. Allstate's dividend payout ratio (DPR) is 23.83%.

Analyst Upgrades and Downgrades

ALL has been the subject of several research analyst reports. JPMorgan Chase & Co. boosted their price objective on Allstate from $205.00 to $207.00 and gave the company an "overweight" rating in a report on Thursday, October 10th. Wells Fargo & Company upped their price target on Allstate from $186.00 to $187.00 and gave the company an "equal weight" rating in a research report on Tuesday, January 14th. Jefferies Financial Group lifted their price objective on shares of Allstate from $231.00 to $267.00 and gave the stock a "buy" rating in a report on Friday, November 8th. Morgan Stanley raised their price target on shares of Allstate from $220.00 to $228.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. Finally, Barclays lowered their price objective on shares of Allstate from $187.00 to $183.00 and set an "underweight" rating for the company in a research report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, one has given 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, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $218.13.

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.