Trust Co. of Vermont Has $4.83 Million Holdings in The Allstate Co. (NYSE:ALL)

Trust Co. of Vermont lowered its stake in shares of The Allstate Co. (NYSE:ALL) by 1.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,061 shares of the insurance provider’s stock after selling 328 shares during the quarter. Trust Co. of Vermont’s holdings in Allstate were worth $4,832,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ALL. SPC Financial Inc. lifted 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 worth $297,000 after acquiring an additional 54 shares during the period. Lake Street Advisors Group LLC raised its stake in shares of Allstate by 1.8% in the 3rd 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. Abacus Planning Group Inc. lifted its holdings in shares of Allstate by 2.4% during the 3rd quarter. Abacus Planning Group Inc. now owns 2,416 shares of the insurance provider’s stock worth $458,000 after acquiring an additional 56 shares during the period. Chicago Partners Investment Group LLC increased its stake in 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 acquiring an additional 59 shares during the period. Finally, Carmichael Hill & Associates Inc. raised its position in Allstate by 15.0% in the third quarter. Carmichael Hill & Associates Inc. now owns 460 shares of the insurance provider’s stock worth $87,000 after purchasing an additional 60 shares in the last quarter. Institutional investors own 76.47% of the company’s stock.

Allstate Price Performance

Allstate stock traded down $2.25 during mid-day trading on Friday, reaching $188.85. The company had a trading volume of 1,518,986 shares, compared to its average volume of 1,271,858. The Allstate Co. has a fifty-two week low of $150.17 and a fifty-two week high of $209.88. The company has a market cap of $50.01 billion, a P/E ratio of 12.23, a P/E/G ratio of 1.35 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 business has a fifty day simple moving average of $195.89 and a 200 day simple moving average of $186.12.

Allstate (NYSE:ALL) last posted its earnings results on Wednesday, October 30th. The insurance provider reported $3.91 EPS for the quarter, beating the consensus estimate of $2.20 by $1.71. Allstate had a return on equity of 26.67% and a net margin of 6.77%. The firm had revenue of $16.63 billion during the quarter, compared to the consensus estimate of $14.57 billion. During the same period last year, the company earned $0.81 earnings per share. The business’s quarterly revenue was up 14.7% on a year-over-year basis. On average, equities research analysts predict that The Allstate Co. will post 16.45 earnings per share for the current year.

Allstate Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, November 29th were given a dividend of $0.92 per share. The ex-dividend date was Friday, November 29th. This represents a $3.68 dividend on an annualized basis and a yield of 1.95%. Allstate’s dividend payout ratio (DPR) is currently 23.83%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. UBS Group raised their target price on Allstate from $216.00 to $225.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Bank of America lifted their price target on Allstate from $216.00 to $233.00 and gave the company a “buy” rating in a report on Friday, October 18th. BMO Capital Markets upped their price objective on Allstate from $205.00 to $214.00 and gave the stock an “outperform” rating in a report on Friday, October 18th. Barclays dropped their target price on Allstate from $187.00 to $183.00 and set an “underweight” rating for the company in a research report on Monday, January 6th. Finally, Jefferies Financial Group lifted their price objective on Allstate from $231.00 to $267.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average 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.