Benin Management Has Raised Allstate (ALL) Holding By $2.89 Million, Mountain Lake Investment Management Raised Avis Budget Group (CAR) Stake By $1.01 Million

July 5, 2017 - By Maria Brooks

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 4.59%. The Benin Management Corp holds 116,987 shares with $8.67 million value, up from 77,925 last quarter. Allstate Corp now has $32.38B valuation. The stock increased 0.21% or $0.18 on July 3, reaching $88.63. About shares traded. Allstate Corp (NYSE:ALL) has risen 25.87% since July 5, 2016 and is uptrending. It has outperformed by 9.17% the S&P500.

Mountain Lake Investment Management Llc increased Avis Budget Group (CAR) stake by 8.39% reported in 2016Q4 SEC filing. Mountain Lake Investment Management Llc acquired 28,100 shares as Avis Budget Group (CAR)’s stock declined 33.71%. The Mountain Lake Investment Management Llc holds 363,100 shares with $13.32 million value, up from 335,000 last quarter. Avis Budget Group now has $2.37 billion valuation. The stock increased 1.65% or $0.45 on July 3, reaching $27.72. About shares traded. Avis Budget Group Inc. (NASDAQ:CAR) has declined 14.90% since July 5, 2016 and is downtrending. It has underperformed by 31.60% the S&P500.

Benin Management Corp decreased State Str Corp (NYSE:STT) stake by 11,650 shares to 34,730 valued at $2.70 million in 2016Q4. It also reduced Valley Natl Bancorp (NYSE:VLY) stake by 28,635 shares and now owns 65,649 shares. Spdr Gold Trust (GLD) was reduced too.

Among 16 analysts covering The Allstate Corporation (NYSE:ALL), 8 have Buy rating, 0 Sell and 8 Hold. Therefore 50% are positive. The Allstate Corporation had 26 analyst reports since August 4, 2015 according to SRatingsIntel. On Tuesday, August 4 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. Compass Point maintained the stock with “Neutral” rating in Wednesday, August 5 report. FBR Capital maintained it with “Mkt Perform” rating and $82 target in Monday, April 3 report. The firm earned “Outperform” rating on Tuesday, January 19 by Macquarie Research. The stock of Allstate Corp (NYSE:ALL) earned “Buy” rating by Goldman Sachs on Tuesday, January 10. As per Friday, February 5, the company rating was upgraded by Citigroup. The firm has “Neutral” rating by Macquarie Research given on Wednesday, April 19. Deutsche Bank maintained Allstate Corp (NYSE:ALL) rating on Thursday, August 4. Deutsche Bank has “Buy” rating and $78 target. The stock has “Overweight” rating by Piper Jaffray on Thursday, October 15. The firm has “Neutral” rating by Macquarie Research given on Wednesday, August 5.

Since February 3, 2017, it had 0 buys, and 12 selling transactions for $23.52 million activity. $719,858 worth of Allstate Corp (NYSE:ALL) was sold by PILCH SAMUEL H on Wednesday, May 3. Lees Susan L sold $2.88 million worth of stock. Another trade for 16,578 shares valued at $1.50M was sold by Gupta Sanjay. $777,200 worth of stock was sold by TAYLOR MARY ALICE on Friday, February 3. Winter Matthew E sold 48,058 shares worth $4.27 million. Shebik Steven E had sold 33,616 shares worth $2.86M on Thursday, May 4.

Investors sentiment increased to 0.97 in Q4 2016. Its up 0.11, from 0.86 in 2016Q3. It improved, as 45 investors sold ALL shares while 276 reduced holdings. 93 funds opened positions while 219 raised stakes. 266.79 million shares or 0.98% less from 269.42 million shares in 2016Q3 were reported. Wealthtrust accumulated 1,664 shares or 0.07% of the stock. Ngam Lp reported 81,248 shares. Glenmede Tru Na owns 12,761 shares. 56,324 were accumulated by Kempner Cap Mngmt. Sii Invs Wi stated it has 45,455 shares. Evercore Wealth Ltd reported 1,427 shares. Bokf Na owns 0.14% invested in Allstate Corp (NYSE:ALL) for 58,732 shares. Boston Family Office Limited Liability Co has 6,458 shares. Johnson Counsel reported 32,841 shares or 0.07% of all its holdings. Linscomb Williams Incorporated invested 0.03% in Allstate Corp (NYSE:ALL). Rockefeller Fincl reported 0% in Allstate Corp (NYSE:ALL). Johnson Fincl Group Inc Incorporated Inc reported 8,235 shares. Wellington Mngmt Gp Ltd Liability Partnership reported 0.05% stake. 51,364 were reported by Gam Ag. Orrstown Serv holds 1.07% or 14,908 shares.

Investors sentiment decreased to 0.83 in 2016 Q4. Its down 0.23, from 1.06 in 2016Q3. It dived, as 27 investors sold CAR shares while 95 reduced holdings. 37 funds opened positions while 64 raised stakes. 89.88 million shares or 2.20% less from 91.91 million shares in 2016Q3 were reported. Vanguard Grp Inc reported 6.30 million shares. Millennium Management Ltd Com has 23,320 shares. Par Mgmt has invested 0.66% in Avis Budget Group Inc. (NASDAQ:CAR). Amer Gp Inc has invested 0.02% in Avis Budget Group Inc. (NASDAQ:CAR). Moreover, Credit Agricole S A has 0% invested in Avis Budget Group Inc. (NASDAQ:CAR). Proshare Advisors Limited Liability Company stated it has 0% of its portfolio in Avis Budget Group Inc. (NASDAQ:CAR). Ameritas Investment Ptnrs reported 0.05% in Avis Budget Group Inc. (NASDAQ:CAR). Blackrock Ltd holds 100,875 shares or 0% of its portfolio. Federated Invsts Pa holds 43,057 shares. State Of Wisconsin Invest Board invested 0.01% in Avis Budget Group Inc. (NASDAQ:CAR). Neuberger Berman Limited Liability Company has invested 0.1% in Avis Budget Group Inc. (NASDAQ:CAR). Daiwa Group invested in 9,800 shares. Kbc Grp Inc Inc Nv reported 0% stake. Peak6 LP holds 0.01% of its portfolio in Avis Budget Group Inc. (NASDAQ:CAR) for 32,671 shares. Loring Wolcott And Coolidge Fiduciary Advisors Llp Ma has 0% invested in Avis Budget Group Inc. (NASDAQ:CAR).

Among 7 analysts covering Avis Budget (NASDAQ:CAR), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Avis Budget had 20 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Avis Budget Group Inc. (NASDAQ:CAR) has “Buy” rating given on Thursday, August 4 by Deutsche Bank. JP Morgan downgraded Avis Budget Group Inc. (NASDAQ:CAR) rating on Wednesday, November 4. JP Morgan has “Neutral” rating and $49 target. The firm has “Equal Weight” rating by Barclays Capital given on Tuesday, September 27. The firm has “Buy” rating given on Tuesday, March 22 by Sterne Agee CRT. The firm has “Outperform” rating by Credit Suisse given on Tuesday, April 12. The firm has “Outperform” rating given on Thursday, February 25 by Credit Suisse. Barclays Capital maintained the shares of CAR in report on Monday, February 22 with “Equal-Weight” rating. The company was maintained on Wednesday, August 5 by Barclays Capital. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, August 10. Goldman Sachs initiated the stock with “Neutral” rating in Monday, October 24 report.

Since February 17, 2017, it had 0 insider purchases, and 2 selling transactions for $56,701 activity. $26,982 worth of Avis Budget Group Inc. (NASDAQ:CAR) was sold by Hardy John D. Jr..

Mountain Lake Investment Management Llc decreased Plains All Amern Pipeline L (NYSE:PAA) stake by 81,800 shares to 72,500 valued at $2.34M in 2016Q4. It also reduced Delta Air Lines Inc Del (NYSE:DAL) stake by 10,000 shares and now owns 300,000 shares. Alliance Res Partner Lp (NASDAQ:ARLP) was reduced too.