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Bank of Hawaii and Aviva PLC cut stakes in Allstate, but the insurer beat earnings forecasts.
Bank of Hawaii and Aviva PLC have reduced their stakes in Allstate Corp., selling significant portions of their shares in the last quarter.
Despite these reductions, Allstate reported strong earnings, beating estimates with $7.67 EPS for the latest quarter.
The company has a market cap of $51.28 billion, and analysts have a "Moderate Buy" consensus rating with a target price of $220.00.
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Bank of Hawaii y Aviva PLC redujeron las acciones en Allstate, pero la aseguradora venció las previsiones de ganancias.