The Allstate Corporation (ALL) Trading at $95.67 Forms H&S Pattern

May 16, 2018 - By Susanne Funderburg

The Allstate Corporation (NYSE:ALL) Corporate Logo

During 2017 Q4 the big money sentiment increased to 0.96. That’s change of 0.05, from 2017Q3’s 0.91. 43 investors sold all, 308 reduced holdings as The Allstate Corporation ratio increased. 236 increased positions while 101 funds bought positions. Funds hold 266.22 million shares thus 1.14% more from 2017Q3’s 263.23 million shares.
California-based Fort Point Cap Ltd Limited Liability Company has invested 0.61% in The Allstate Corporation (NYSE:ALL). Fiduciary Trust stated it has 33,363 shs. The Kentucky-based Hl Financial Ser Ltd Llc has invested 0.02% in The Allstate Corporation (NYSE:ALL). Obermeyer Wood Inv Counsel Lllp holds 2,900 shs. Azimuth Capital Management Llc has invested 0.1% in The Allstate Corporation (NYSE:ALL). Martingale Asset L P invested in 455,768 shs or 0.63% of the stock. Montag A & holds 2,560 shs or 0.03% of its capital. Cibc Savings Bank Usa has invested 0.05% in The Allstate Corporation (NYSE:ALL). Brave Asset Management accumulated 0.53% or 9,650 shs. Kcm Invest Advisors Limited Company has 5,471 shs for 0.03% of their capital. State Of Tennessee Treasury Department invested in 583,430 shs. Franklin Resources has invested 0% of its capital in The Allstate Corporation (NYSE:ALL). Metropolitan Life Insur Ny has 59,899 shs. Advsr Asset Inc accumulated 7,986 shs or 0.01% of the stock. Town & Country Bancorporation Co Dba First Bankers Trust Co reported 3,436 shs or 0.18% of all its holdings.

The Allstate Corporation (ALL) made a Head and Shoulders chart today and has $91.84 target or 4.00 % below today’s $95.67 price per share. The stock has $33.63B market cap. Faxor.com reported this chart on May, 16. The company’s valuation will be $1.35B less at $91.84 price target.

ALL hit $95.67 during the last trading session after $0.19 change.Currently The Allstate Corporation is uptrending after 15.17% change in last May 16, 2017. ALL has also 763,002 shares volume. ALL outperformed the S&P 500 by 3.62%.

The Allstate Corporation (NYSE:ALL)’s earnings release is awaited by WallStreet on August, 7, according to Zacks. Last year’s earnings per share was $1.38, while now analysts expect change of 15.94 % up from current $1.60 earnings per share. The profit will be $562.38M for ALL if $1.60 earnings per share becomes true. -45.95 % negative EPS growth is what analysts predict. $2.96 earnings per share was reported for last quarter.

The Allstate Corporation (NYSE:ALL) Ratings Coverage

A total of 10 analysts rate Allstate (NYSE:ALL) as follows: 4 “Buy”, 6 “Hold” and 0 “Sell”. Тherefore 40% are bullish. The firm has $115 highest and $8400 lowest target. The avg target $102.50 is 7.14% above the last ($95.67) price. (NYSE:ALL) has 15 ratings reports on May 16, 2018 according to StockzIntelligence. On Tuesday, January 2 the stock of The Allstate Corporation (NYSE:ALL) earned “Underperform” rating by Keefe Bruyette & Woods. On Tuesday, April 10 the company was maintained by Citigroup. On Monday, April 16 the firm has “Hold” rating given by FBR Capital. On Wednesday, February 21 the stock of The Allstate Corporation (NYSE:ALL) earned “Equal-Weight” rating by Morgan Stanley. In Thursday, February 8 report Bank of America maintained the stock with “Buy” rating. On Friday, February 9 the stock of The Allstate Corporation (NYSE:ALL) has “Hold” rating given by Deutsche Bank. On Tuesday, March 27 the company was maintained by Citigroup. On Tuesday, January 9 the company was downgraded by Wells Fargo. On Wednesday, May 9 the rating was maintained by Argus Research with “Buy”. On Friday, May 4 the stock of The Allstate Corporation (NYSE:ALL) has “Buy” rating given by Citigroup.

More recent The Allstate Corporation (NYSE:ALL) news were brought out by Seekingalpha.com, Streetinsider.com and Seekingalpha.com. The first one has “Allstate Corporation 2018 Q1 – Results – Earnings Call Slides” as a title and was brought out on May 01, 2018. The next is “Appaloosa 13F Shows New Stake in Wells Fargo (WFC) and Lam Research (LRCX), Increase in Micron (MU) MGM …” on May 15, 2018. And last was brought out on May 15, 2018, called “Trupanion’s 10-K Risk Factor Section Raises Questions”.

The Allstate Corporation (NYSE:ALL) Institutional Investors Chart

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