Benin Management Corp increased Allstate Corp (ALL) stake by 50.13% reported in 2016Q4 SEC filing. Benin Management Corp acquired 39,062 shares as Allstate Corp (ALL)’s stock rose 8.36%. The Benin Management Corp holds 116,987 shares with $8.67 million value, up from 77,925 last quarter. Allstate Corp now has $29.44 billion valuation. The stock declined 0.16% or $0.13 reaching $80.84 on the news. About 588,096 shares traded. Allstate Corp (NYSE:ALL) has risen 16.60% since September 7, 2016 and is uptrending. It has outperformed by 9.34% the S&P500.
Johnson & Johnson is a holding company, which is engaged in the research and development, manufacture and sale of a range of products in the healthcare field. The company has market cap of $343.28 billion. It operates through three divisions: Consumer, Pharmaceutical and Medical Devices. It has a 21.13 P/E ratio. The Company’s primary focus is products related to human health and well-being.
Ratings analysis reveals 43% of Johnson & Johnson’s analysts are positive. Out of 14 Wall Street analysts rating Johnson & Johnson, 6 give it “Buy”, 1 “Sell” rating, while 7 recommend “Hold”. The lowest target is $90 while the high is $145. The stock’s average target of $116.40 is -7.21% below today’s ($125.44) share price. JNJ was included in 41 notes of analysts from August 7, 2015. Goldman Sachs maintained Johnson & Johnson (NYSE:JNJ) rating on Wednesday, April 20. Goldman Sachs has “Neutral” rating and $114 target. Piper Jaffray reinitiated Johnson & Johnson (NYSE:JNJ) rating on Monday, October 5. Piper Jaffray has “Neutral” rating and $105.0 target. The firm has “Outperform” rating by Cowen & Co given on Tuesday, August 25. Jefferies maintained Johnson & Johnson (NYSE:JNJ) rating on Tuesday, September 13. Jefferies has “Hold” rating and $115 target. The rating was maintained by UBS with “Buy” on Wednesday, October 19. The rating was upgraded by Goldman Sachs on Monday, March 14 to “Neutral”. The company was maintained on Thursday, July 14 by Jefferies. The stock of Johnson & Johnson (NYSE:JNJ) has “Strong-Buy” rating given on Monday, August 31 by Vetr. The rating was maintained by Argus Research on Wednesday, April 20 with “Buy”. S&P Research maintained Johnson & Johnson (NYSE:JNJ) rating on Wednesday, October 14. S&P Research has “Buy” rating and $120 target.
Since January 1, 0001, it had 1 buying transaction, and 5 sales for $14.88 million activity.
Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on April, 18. They expect $1.76 earnings per share, up 4.76% or $0.08 from last year’s $1.68 per share. JNJ’s profit will be $4.82B for 17.82 P/E if the $1.76 EPS becomes a reality. After $1.58 actual earnings per share reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts 11.39% EPS growth.
About 2.16M shares traded. Johnson & Johnson (NYSE:JNJ) has risen 4.84% since September 7, 2016 and is uptrending. It has underperformed by 2.42% the S&P500.
Robert Wood Johnson Foundation holds 98.73% of its portfolio in Johnson & Johnson for 13.00 million shares. Pettee Investors Inc. owns 146,162 shares or 16.02% of their US portfolio. Moreover, Cincinnati Indemnity Co has 12.16% invested in the company for 25,000 shares. The Pennsylvania-based Armstrong Henry H Associates Inc has invested 11.79% in the stock. Barbara Oil Co., a Illinois-based fund reported 102,000 shares.
Since November 18, 2016, it had 0 buys, and 12 selling transactions for $17.87 million activity. On Friday, December 16 the insider WILSON THOMAS J sold $1.67 million. The insider TAYLOR MARY ALICE sold $777,200. $1.53 million worth of Allstate Corp (NYSE:ALL) shares were sold by PILCH SAMUEL H. SPRIESER JUDITH A sold $590,480 worth of Allstate Corp (NYSE:ALL) on Friday, December 16. 5,111 shares were sold by Lees Susan L, worth $358,511. Gupta Suren had sold 46,297 shares worth $3.37M. The insider Winter Matthew E sold $2.79 million.
Among 15 analysts covering The Allstate Corporation (NYSE:ALL), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. The Allstate Corporation had 23 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, February 5 by Citigroup. Citigroup upgraded the stock to “Neutral” rating in Tuesday, December 1 report. The firm has “Buy” rating given on Thursday, August 4 by Deutsche Bank. Credit Suisse maintained the stock with “Outperform” rating in Tuesday, November 3 report. On Thursday, October 15 the stock rating was initiated by Piper Jaffray with “Overweight”. The stock of Allstate Corp (NYSE:ALL) has “Sector Perform” rating given on Tuesday, August 4 by RBC Capital Markets. FBR Capital maintained it with “Mkt Perform” rating and $82 target in Monday, April 3 report. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, August 4. Deutsche Bank upgraded Allstate Corp (NYSE:ALL) on Monday, August 10 to “Hold” rating. Sandler O’Neill upgraded the shares of ALL in report on Monday, September 21 to “Buy” rating.
Benin Management Corp decreased Spdr S&P 500 Etf Tr (SPY) stake by 25,045 shares to 145,975 valued at $32.63M in 2016Q4. It also reduced Valley Natl Bancorp (NYSE:VLY) stake by 28,635 shares and now owns 65,649 shares. Prudential Finl Inc (NYSE:PRU) was reduced too.
