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
19 Wall Street Analysts provided 1 year price targets over the past 3 months
19 analyst ratings
UBS Brian Meredith 95% 1-year accuracy 35 / 37 met price target | 10%upside $216 | Buy Maintained | 15 Oct 2024 |
JP Morgan Jimmy Bhullar 61% 1-year accuracy 19 / 31 met price target | 6%upside $207 | Overweight Maintained | 10 Oct 2024 |
B of A Securities Joshua Shanker 48% 1-year accuracy 21 / 44 met price target | 10%upside $216 | Buy Maintained | 10 Oct 2024 |
Jefferies Yaron Kinar 75% 1-year accuracy 9 / 12 met price target | 18%upside $231 | Buy Maintained | 9 Oct 2024 |
Evercore ISI Group Oliver Wintermantel 89% 1-year accuracy 8 / 9 met price target | 0%downside $195 | In-Line Maintained | 9 Oct 2024 |
Financial journalist opinion
Based on 27 articles about ALL published over the past 30 days