<div id="readability-page-1"><p>CX Institutional lifted its holdings in  The Allstate Corporation (NYSE:ALL - Free Report) by 504.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 30,186 shares of the insurance provider's stock after buying an additional 25,195 shares during the quarter. CX Institutional's holdings in Allstate were worth $6,077,000 as of its most recent filing with the SEC.</p><ul><li>3 Sector ETFs Catching Fire After Earnings Beats</li></ul><p>Other hedge funds have also recently bought and sold shares of the company. Arlington Trust Co LLC increased its stake in  Allstate by 261.8% during the 2nd quarter. Arlington Trust Co LLC now owns 123 shares of the insurance provider's stock valued at $25,000 after buying an additional 89 shares during the period.  Hughes Financial Services LLC purchased a new position in shares of  Allstate in the first quarter worth approximately $28,000.  Meeder Asset Management Inc. increased its position in shares of  Allstate by 113.8% in the first quarter. Meeder Asset Management Inc. now owns 186 shares of the insurance provider's stock worth $39,000 after acquiring an additional 99 shares in the last quarter.  McClarren Financial Advisors Inc. purchased a new position in shares of  Allstate in the first quarter worth approximately $43,000.  Finally, Mattson Financial Services LLC acquired a new stake in shares of  Allstate during the fourth quarter worth approximately $44,000. 76.47% of the stock is currently owned by institutional investors. </p><h2>Allstate Stock Performance</h2><p>Shares of NYSE:ALL opened at $205.99 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.43 and a quick ratio of 0.43. The company has a market capitalization of $54.28 billion, a price-to-earnings ratio of 9.68, a P/E/G ratio of 0.82 and a beta of 0.37. The firm's 50 day simple moving average is $201.63 and its 200 day simple moving average is $200.50. The Allstate Corporation has a fifty-two week low of $176.00 and a fifty-two week high of $214.76. </p><ul><li>6 Stocks Poised to Benefit From a Trade War in Unexpected Ways</li></ul><p>Allstate (NYSE:ALL - Get Free Report) last announced its earnings results on Wednesday, July 30th. The insurance provider reported $5.94 EPS for the quarter, topping the consensus estimate of $3.20 by $2.74. The firm had revenue of $15.05 billion for the quarter, compared to the consensus estimate of $16.59 billion. Allstate had a net margin of 8.79% and a return on equity of 28.74%. The business's quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the company posted $1.61 EPS.  As a group, sell-side analysts forecast that  The Allstate Corporation will post 18.74 earnings per share for the current year. </p><h2>Allstate Dividend Announcement</h2><p>The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Friday, August 29th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $4.00 annualized dividend and a dividend yield of 1.9%. Allstate's dividend payout ratio (DPR) is currently 18.81%. </p><h2>Analysts Set New Price Targets</h2><ul><li>Ally Financial: The Tugboat of Auto Finance Keeps Gaining Steam</li></ul><p>Several analysts recently commented on the stock. Wells Fargo &amp; Company  set a $202.00 price target on shares of Allstate and gave the stock an &#34;equal weight&#34; rating in a report on Tuesday, August 5th. Wolfe Research upgraded shares of Allstate to a &#34;strong-buy&#34; rating in a research note on Tuesday. William Blair started coverage on shares of Allstate in a research note on Friday, June 6th. They set a &#34;sector outperform&#34; rating for the company. Barclays  reissued an &#34;underweight&#34; rating and issued a $198.00 price target (up previously from $188.00) on shares of Allstate in a report on Thursday, July 31st. Finally, Keefe, Bruyette &amp; Woods upped their target price on shares of Allstate from $237.00 to $246.00 and gave the stock an &#34;outperform&#34; rating in a report on Wednesday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have issued  a Hold rating and one  has assigned  a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $231.47.</p><p><b>Read Our Latest Stock Analysis on ALL</b></p><h2>Allstate Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Allstate</li><li>Investing in Travel Stocks Benefits</li><li>Analysts Turn Bullish on Hershey—Is Pepsi the Next Value Play?</li><li>How Technical Indicators Can Help You Find Oversold Stocks </li><li>Coming in Hot: Retail Data Drives Momentum in 3 E-Commerce Stocks</li><li>3 Stocks to Consider Buying in October</li><li>MarketBeat Week in Review – 09/15 - 09/19</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Allstate Right Now?</h2><p>Before you consider Allstate, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Allstate wasn't on the list.</p><p>While Allstate currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>CX Institutional increased its holdings in The Allstate Corporation (NYSE:ALL) by 504.8% in Q2, owning 30,186 shares valued at $6.08 million. Other hedge funds also boosted their stakes, with Arlington Trust Co LLC increasing by 261.8%. Allstate's stock opened at $205.99, with a market cap of $54.28 billion and a P/E ratio of 9.68. The company reported $5.94 EPS for the last quarter, exceeding estimates. A quarterly dividend of $1.00 will be paid on October 1st. Analysts have set a consensus price target of $231.47 for the stock.</p>

The Allstate Corporation $ALL Stock Holdings Lifted by CX Institutional