International Assets Investment Management LLC Invests $161,000 in The Allstate Corporation $ALL

International Assets Investment Management LLC acquired a new position in The Allstate Corporation (NYSE:ALL - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 75,458 shares of the insurance provider's stock, valued at approximately $161,000.Ally Financial Is Back to Basics—And Investors Are WatchingSeveral other large investors also recently added to or reduced their stakes in the business. South Plains Financial Inc. grew its position in shares of Allstate by 41.5% during the 3rd quarter. South Plains Financial Inc. now owns 167 shares of the insurance provider's stock valued at $36,000 after acquiring an additional 49 shares during the period. Humankind Investments LLC raised its holdings in Allstate by 4.5% in the 3rd quarter. Humankind Investments LLC now owns 1,191 shares of the insurance provider's stock worth $256,000 after purchasing an additional 51 shares during the period. Howard Capital Management Inc. lifted its position in Allstate by 3.2% during the third quarter. Howard Capital Management Inc. now owns 1,739 shares of the insurance provider's stock valued at $373,000 after purchasing an additional 54 shares in the last quarter. Montag A & Associates Inc. lifted its position in Allstate by 10.2% during the fourth quarter. Montag A & Associates Inc. now owns 596 shares of the insurance provider's stock valued at $125,000 after purchasing an additional 55 shares in the last quarter. Finally, L2 Asset Management LLC grew its holdings in Allstate by 4.7% during the third quarter. L2 Asset Management LLC now owns 1,223 shares of the insurance provider's stock valued at $263,000 after purchasing an additional 55 shares during the period. 76.47% of the stock is currently owned by institutional investors. Allstate Stock PerformanceNYSE ALL opened at $216.29 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.25. The Allstate Corporation has a twelve month low of $188.08 and a twelve month high of $222.23. The business has a 50-day moving average price of $211.13 and a 200-day moving average price of $206.99. The firm has a market cap of $55.68 billion, a price-to-earnings ratio of 4.77, a price-to-earnings-growth ratio of 0.39 and a beta of 0.21. Top 5 MarketRank™ Stocks Backed by Analysts and Big InstitutionsAllstate (NYSE:ALL - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The insurance provider reported $10.65 EPS for the quarter, topping analysts' consensus estimates of $7.31 by $3.34. Allstate had a return on equity of 42.66% and a net margin of 17.81%.The company had revenue of $16.94 billion for the quarter, compared to analysts' expectations of $15.24 billion. During the same period in the previous year, the firm earned $3.53 EPS. The firm's revenue was up 3.0% compared to the same quarter last year. As a group, equities research analysts predict that The Allstate Corporation will post 28.82 EPS for the current fiscal year. Analyst Upgrades and DowngradesALL has been the subject of a number of analyst reports. The Goldman Sachs Group restated a "neutral" rating and issued a $231.00 price target on shares of Allstate in a research report on Thursday, March 5th. Keefe, Bruyette & Woods boosted their price objective on Allstate from $260.00 to $266.00 and gave the company an "outperform" rating in a research note on Thursday, May 7th. Weiss Ratings raised shares of Allstate from a "buy (b+)" rating to a "buy (a-)" rating in a report on Monday, March 23rd. Cantor Fitzgerald restated a "neutral" rating and set a $220.00 target price on shares of Allstate in a research note on Thursday, February 5th. Finally, Barclays lifted their price target on shares of Allstate from $207.00 to $208.00 and gave the company an "underweight" rating in a report on Wednesday, April 8th. Three research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Allstate currently has an average rating of "Moderate Buy" and a consensus price target of $241.67.Affirm Is Expanding Buy Now, Pay Later Services for Rent PaymentsCheck Out Our Latest Stock Analysis on ALLInsider ActivityIn other news, COO Mario Rizzo sold 18,578 shares of the business's stock in a transaction on Friday, May 1st. The shares were sold at an average price of $218.80, for a total value of $4,064,866.40. Following the transaction, the chief operating officer owned 82,227 shares of the company's stock, valued at approximately $17,991,267.60. The trade was a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.55% of the stock is currently owned by insiders. Allstate Company Profile (Free Report)Allstate Corporation is a publicly traded insurance company headquartered in Northbrook, Illinois, and is one of the largest personal lines property and casualty insurers in the United States. Founded in 1931 as a subsidiary of Sears, Roebuck and Co, Allstate has grown into a diversified insurer that serves millions of consumers and businesses through a mix of distribution channels and product offerings. The company underwrites a broad range of insurance products, with primary emphasis on auto and homeowners coverage.Recommended StoriesFive stocks we like better than AllstateYETI Rallies After Earnings Beat and Raised OutlookHow the 3 Leading Quantum Firms Stack Up After Q1 EarningsCisco’s Vertical Rally May Still Be in the Early InningsAmazon vs. Alibaba: One Is Clearly The Better Value Play right NowWant to see what other hedge funds are holding ALL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Allstate Corporation (NYSE:ALL - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Allstate Right Now?Before you consider Allstate, you'll want to hear this.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.While Allstate currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here