Shire Plc (SHPG) Shareholder Alpine Woods Capital Investors Has Trimmed Position by $535,500 as Share Value Rose; As Allstate (The) (ALL) Share Price Rose, Quantitative Investment Management Has Cut Its Holding

February 22, 2018 - By wolcottdaily

Quantitative Investment Management Llc decreased its stake in Allstate Corp (The) (ALL) by 31.63% based on its latest 2017Q3 regulatory filing with the SEC. Quantitative Investment Management Llc sold 29,700 shares as the company’s stock rose 4.59% with the market. The hedge fund held 64,200 shares of the property-casualty insurers company at the end of 2017Q3, valued at $5.90M, down from 93,900 at the end of the previous reported quarter. Quantitative Investment Management Llc who had been investing in Allstate Corp (The) for a number of months, seems to be less bullish one the $33.16 billion market cap company. The stock decreased 0.26% or $0.24 during the last trading session, reaching $93.41. About 1.83M shares traded. The Allstate Corporation (NYSE:ALL) has risen 25.87% since February 22, 2017 and is uptrending. It has outperformed by 9.17% the S&P500.

Alpine Woods Capital Investors Llc decreased its stake in Shire Plc (SHPG) by 4.28% based on its latest 2017Q3 regulatory filing with the SEC. Alpine Woods Capital Investors Llc sold 3,500 shares as the company’s stock rose 4.45% with the market. The institutional investor held 78,200 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $11.98 million, down from 81,700 at the end of the previous reported quarter. Alpine Woods Capital Investors Llc who had been investing in Shire Plc for a number of months, seems to be less bullish one the $34.06B market cap company. The stock decreased 1.29% or $1.64 during the last trading session, reaching $125.03. About 2.23M shares traded or 73.70% up from the average. Shire plc (NASDAQ:SHPG) has risen 4.69% since February 22, 2017 and is uptrending. It has underperformed by 12.01% the S&P500.

Investors sentiment increased to 0.91 in Q3 2017. Its up 0.15, from 0.76 in 2017Q2. It is positive, as 44 investors sold ALL shares while 300 reduced holdings. 92 funds opened positions while 221 raised stakes. 263.23 million shares or 1.26% less from 266.58 million shares in 2017Q2 were reported. Eagle Asset Inc holds 0.01% of its portfolio in The Allstate Corporation (NYSE:ALL) for 18,689 shares. Fifth Third Savings Bank has 28,990 shares. Baystate Wealth Management has invested 0% of its portfolio in The Allstate Corporation (NYSE:ALL). Zurcher Kantonalbank (Zurich Cantonalbank) reported 224,463 shares. 404,525 are held by Manufacturers Life Insurance Commerce The. 9,231 are held by Private Advisor Gp Limited Liability Company. Monroe Bancshares Trust Mi holds 0.04% in The Allstate Corporation (NYSE:ALL) or 1,536 shares. Alphaone Inv Ltd Liability Corporation has 0.02% invested in The Allstate Corporation (NYSE:ALL) for 726 shares. Camarda Advisors owns 5,740 shares. Motco holds 0.01% or 1,503 shares in its portfolio. Mcf Lc accumulated 180 shares or 0% of the stock. Aperio Gp owns 410,026 shares or 0.21% of their US portfolio. Prudential Public Ltd Llc accumulated 2.58M shares. Salzhauer Michael stated it has 0.29% in The Allstate Corporation (NYSE:ALL). Credit Agricole S A holds 0.11% or 359,895 shares in its portfolio.

Quantitative Investment Management Llc, which manages about $1.89 billion and $8.76 billion US Long portfolio, upped its stake in Charles River Laboratories International (NYSE:CRL) by 62,000 shares to 65,900 shares, valued at $7.12 million in 2017Q3, according to the filing. It also increased its holding in Dynegy Inc (NYSE:DYN) by 215,400 shares in the quarter, for a total of 258,400 shares, and has risen its stake in Zayo Group Holdings Inc (NYSE:ZAYO).

Among 22 analysts covering The Allstate Corporation (NYSE:ALL), 8 have Buy rating, 2 Sell and 12 Hold. Therefore 36% are positive. The Allstate Corporation had 52 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was upgraded by Macquarie Research on Wednesday, August 5 to “Neutral”. The firm has “Sell” rating given on Wednesday, February 14 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Monday, October 2 by Citigroup. The stock of The Allstate Corporation (NYSE:ALL) has “Mkt Perform” rating given on Wednesday, March 1 by Keefe Bruyette & Woods. The rating was maintained by Wells Fargo with “Buy” on Thursday, August 17. The rating was maintained by UBS with “Neutral” on Tuesday, September 19. As per Tuesday, January 2, the company rating was downgraded by Keefe Bruyette & Woods. The rating was maintained by Citigroup on Thursday, July 13 with “Buy”. Keefe Bruyette & Woods maintained The Allstate Corporation (NYSE:ALL) on Wednesday, August 2 with “Hold” rating. As per Tuesday, December 1, the company rating was upgraded by Citigroup.

Analysts await The Allstate Corporation (NYSE:ALL) to report earnings on May, 1. They expect $2.30 EPS, up 40.24% or $0.66 from last year’s $1.64 per share. ALL’s profit will be $816.51M for 10.15 P/E if the $2.30 EPS becomes a reality. After $2.09 actual EPS reported by The Allstate Corporation for the previous quarter, Wall Street now forecasts 10.05% EPS growth.

Alpine Woods Capital Investors Llc, which manages about $4.50 billion and $1.96B US Long portfolio, upped its stake in Conagra Foods Inc (NYSE:CAG) by 17,500 shares to 42,500 shares, valued at $1.43M in 2017Q3, according to the filing. It also increased its holding in Atlantica Yield Plc by 26,400 shares in the quarter, for a total of 105,500 shares, and has risen its stake in American Intl Group Inc (NYSE:AIG).

Analysts await Shire plc (NASDAQ:SHPG) to report earnings on May, 1. They expect $3.65 EPS, up 0.55% or $0.02 from last year’s $3.63 per share. SHPG’s profit will be $994.28M for 8.56 P/E if the $3.65 EPS becomes a reality. After $3.98 actual EPS reported by Shire plc for the previous quarter, Wall Street now forecasts -8.29% negative EPS growth.

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