Trending Stock News

Jarislowsky Fraser LTD Raised Its Holding in Allstate (ALL) by $330,616 as Shares Declined; Gruss Capital Management LP Has Upped Position in Entercom Communications (ETM) by $1.16 Million

The Allstate Corporation (NYSE:ALL) Logo

Howard Guberman increased its stake in Entercom Communications Corp (ETM) by 8.21% based on its latest 2017Q4 regulatory filing with the SEC. Gruss Capital Management Lp bought 115,765 shares as the company’s stock declined 16.30% with the market. The hedge fund run by Howard Guberman held 1.53M shares of the broadcasting company at the end of 2017Q4, valued at $16.47M, up from 1.41M at the end of the previous reported quarter. Gruss Capital Management Lp who had been investing in Entercom Communications Corp for a number of months, seems to be bullish on the $1.44 billion market cap company. The stock increased 1.95% or $0.2 during the last trading session, reaching $10.45. About 110,548 shares traded. Entercom Communications Corp. (NYSE:ETM) has declined 31.27% since April 25, 2017 and is downtrending. It has underperformed by 42.82% the S&P500.

Jarislowsky Fraser Ltd increased its stake in Allstate Corporation (ALL) by 4.04% based on its latest 2017Q4 regulatory filing with the SEC. Jarislowsky Fraser Ltd bought 3,179 shares as the company’s stock declined 10.30% with the market. The institutional investor held 81,959 shares of the property-casualty insurers company at the end of 2017Q4, valued at $8.58 million, up from 78,780 at the end of the previous reported quarter. Jarislowsky Fraser Ltd who had been investing in Allstate Corporation for a number of months, seems to be bullish on the $34.29 billion market cap company. The stock decreased 0.29% or $0.28 during the last trading session, reaching $97.11. About 414,425 shares traded. The Allstate Corporation (NYSE:ALL) has risen 15.17% since April 25, 2017 and is uptrending. It has outperformed by 3.62% the S&P500.

Jarislowsky Fraser Ltd, which manages about $33.95 billion and $17.19B US Long portfolio, decreased its stake in Colgate (NYSE:CL) by 39,835 shares to 2.12 million shares, valued at $159.99 million in 2017Q4, according to the filing. It also reduced its holding in Exxon Mobil Corporation (NYSE:XOM) by 24,951 shares in the quarter, leaving it with 1.50 million shares, and cut its stake in Cenovus Energy Inc. (NYSE:CVE).

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.05, from 0.91 in 2017Q3. It increased, as 43 investors sold ALL shares while 308 reduced holdings. 101 funds opened positions while 236 raised stakes. 266.22 million shares or 1.14% more from 263.23 million shares in 2017Q3 were reported. Commonwealth Bank Of Australia has 75,629 shares. 22,930 are held by James Investment. Public Sector Pension Invest Board owns 175,310 shares for 0.12% of their portfolio. Utah Retirement accumulated 67,793 shares or 0.15% of the stock. Buckingham Asset Limited Liability Co invested in 0.1% or 4,530 shares. Endurance Wealth holds 0.01% in The Allstate Corporation (NYSE:ALL) or 772 shares. Boston Ltd Llc invested 0.1% in The Allstate Corporation (NYSE:ALL). Private Advisor Grp Limited Com holds 0.04% of its portfolio in The Allstate Corporation (NYSE:ALL) for 9,934 shares. The New York-based Virtu Fin Limited has invested 0.01% in The Allstate Corporation (NYSE:ALL). Captrust Financial Advsrs holds 0.01% or 2,230 shares. Fny Managed Accounts Limited Liability owns 111 shares for 0.01% of their portfolio. Mu Invs Limited holds 0.02% in The Allstate Corporation (NYSE:ALL) or 300 shares. Jolley Asset Mgmt Limited Liability Com reported 440 shares. Brandywine Glob Llc invested in 0.26% or 411,082 shares. Whittier Tru Commerce Of Nevada owns 5,871 shares.

Among 22 analysts covering The Allstate Corporation (NYSE:ALL), 8 have Buy rating, 1 Sell and 13 Hold. Therefore 36% are positive. The Allstate Corporation had 56 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Credit Suisse on Friday, January 6. The company was initiated on Thursday, October 15 by Piper Jaffray. RBC Capital Markets maintained it with “Sector Perform” rating and $67 target in Friday, February 5 report. The firm has “Buy” rating by Sandler O’Neill given on Monday, September 21. The firm has “Buy” rating given on Friday, June 23 by Wells Fargo. The stock has “Mkt Perform” rating by Keefe Bruyette & Woods on Wednesday, March 1. The firm earned “Mkt Perform” rating on Monday, April 3 by FBR Capital. The firm earned “Hold” rating on Monday, April 16 by FBR Capital. The stock of The Allstate Corporation (NYSE:ALL) has “Market Perform” rating given on Tuesday, January 9 by Wells Fargo. The firm earned “Sell” rating on Monday, September 11 by Buckingham Research.

Since March 9, 2018, it had 7 buys, and 0 insider sales for $23.89 million activity.

Among 3 analysts covering Entercom Communications (NYSE:ETM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Entercom Communications had 5 analyst reports since August 18, 2015 according to SRatingsIntel. The stock has “Buy” rating by Noble Financial on Monday, November 27. As per Monday, July 31, the company rating was maintained by Noble Financial. Wells Fargo upgraded the stock to “Outperform” rating in Tuesday, August 18 report. Noble Financial maintained Entercom Communications Corp. (NYSE:ETM) on Monday, July 24 with “Buy” rating. Stephens initiated the shares of ETM in report on Friday, December 11 with “Equal-Weight” rating.

The Allstate Corporation (NYSE:ALL) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *