Allstate
About: Allstate is one of the largest US property-casualty insurers in the US. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 6,000 exclusive agents.
Employees: 53,400
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
23.11% more ownership
Funds ownership: 54.57% [Q1] → 77.68% (+23.11%) [Q2]
8% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 121
3% more call options, than puts
Call options by funds: $183M | Put options by funds: $177M
2% more repeat investments, than reductions
Existing positions increased: 460 | Existing positions reduced: 450
1% more funds holding
Funds holding: 1,302 [Q1] → 1,312 (+10) [Q2]
7% less capital invested
Capital invested by funds: $35.3B [Q1] → $32.7B (-$2.59B) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 22 [Q1] → 11 (-11) [Q2]
Research analyst outlook
21 Wall Street Analysts provided 1 year price targets over the past 3 months
21 analyst ratings
Morgan Stanley Bob Huang 90% 1-year accuracy 9 / 10 met price target | 12%upside $215 | Overweight Maintained | 21 Oct 2024 |
B of A Securities Joshua Shanker 67% 1-year accuracy 31 / 46 met price target | 22%upside $233 | Buy Maintained | 18 Oct 2024 |
BMO Capital Michael Zaremski 90% 1-year accuracy 18 / 20 met price target | 12%upside $214 | Outperform Maintained | 18 Oct 2024 |
UBS Brian Meredith 94% 1-year accuracy 32 / 34 met price target | 13%upside $216 | Buy Maintained | 15 Oct 2024 |
JP Morgan Jimmy Bhullar 63% 1-year accuracy 19 / 30 met price target | 8%upside $207 | Overweight Maintained | 10 Oct 2024 |
Financial journalist opinion
Based on 25 articles about ALL published over the past 30 days
