Sci-tech

Progressive Corp (NYSE:PGR) Shares Bought by Wells Fargo & Company MN

Picton Mahoney Asset Management bought 92,700 shares as the company's stock rose 6.56% with the market. The institutional investor held 159,176 shares of the property-casualty insurers company at the end of 2017Q3, valued at $7.71 million, down from 214,021 at the end of the previous reported quarter. Progressive had a net margin of 5.93% and a return on equity of 15.96%. The stock decreased 1.49% or $0.29 during the last trading session, reaching $19.22. About 37.47M shares traded or 8.45% up from the average. Timessquare Capital Mgmt holds 1.39% of its portfolio in The Progressive Corporation (NYSE:PGR) for 4.27M shares. It has outperformed by 4.77% the S&P500.

Miracle Mile Advisors Llc increased its stake in Apple Inc (AAPL) by 27.18% based on its latest 2017Q3 regulatory filing with the SEC. Lafayette Investments Inc sold 54,845 shares as the company's stock rose 6.56% with the market. The hedge fund held 228,800 shares of the restaurants company at the end of 2017Q3, valued at $3.55 million, up from 163,100 at the end of the previous reported quarter. Global X Management Co. The stock decreased 0.45% or $0.78 during the last trading session, reaching $171.07. About 621,234 shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 22, 2017 and is uptrending. It has underperformed by 33.33% the S&P500. Moreover, Putnam Invs Limited Liability has 0.01% invested in Host Hotels & Resorts, Inc. Its up 0.04, from 0.83 in 2017Q2. AHRENDTS ANGELA J had sold 63,388 shares worth $9.78M. Advantus Mngmt owns 58,548 shares for 0.07% of their portfolio. Pinebridge Invs LP accumulated 0.04% or 30,775 shares. Tci Wealth, a Arizona-based fund reported 235 shares. Neuberger Berman Gp Ltd Limited Liability Company has invested 0.47% of its portfolio in The Progressive Corporation (NYSE:PGR). Ahl Prtnrs Llp holds 0.01% or 4,888 shares.

Investors sentiment decreased to 0.88 in Q3 2017. Regions Fincl invested in 30,722 shares. Lord Abbett Limited holds 2.04M shares. Perhaps, that suggests something about why 8.06% of the outstanding share supply is held by institutional investors. 1,091 are held by First Personal. Zwj Invest Counsel reported 0.03% stake. The firm earned "Neutral" rating on Thursday, July 13 by Citigroup. Therefore 20% are positive. Apple Inc. had 378 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, September 18 the stock rating was maintained by Credit Suisse with "Underperform". The firm earned "Market Perform" rating on Tuesday, January 19 by Bernstein. On Thursday, January 25 the stock rating was maintained by M Partners with "Buy". Keefe, Bruyette & Woods reissued a buy rating and issued a $60.00 target price on shares of Progressive in a research note on Wednesday, December 6th. The company was initiated on Friday, August 7 by Compass Point. Citigroup maintained it with "Neutral" rating and $51 target in Wednesday, October 18 report. 10,722 are held by Advisory Ser Limited Liability Company. Goldman Sachs Group started coverage on shares of Progressive in a research report on Monday, December 4th.

Since January 2, 2018, it had 0 buys, and 3 insider sales for $1.09 million activity. Thai-Tang Hau N also sold $300,000 worth of Ford Motor Company (NYSE:F) shares. $285,000 worth of Ford Motor Company (NYSE:F) was sold by FARLEY JR JAMES D.

Since December 18, 2017, it had 0 insider buys, and 1 sale for $1.23 million activity.

Analysts await The Progressive Corporation (NYSE:PGR) to report earnings on April, 17.

Nomura Asset Management Company Ltd, which manages about $32.64B and $7.74B US Long portfolio, upped its stake in Hormel Foods Corp (NYSE:HRL) by 33,179 shares to 107,397 shares, valued at $3.45M in 2017Q3, according to the filing. It also increased its holding in Merck & Co Inc (NYSE:MRK) by 612,429 shares in the quarter, for a total of 1.13 million shares, and has risen its stake in Microsoft Corp (NASDAQ:MSFT). Two analysts have rated the stock with a sell rating, eight have given a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Therefore 47% are positive. Progressive had 58 analyst reports since August 6, 2015 according to SRatingsIntel.

The Progressive Corporation (PGR) now trades with a market capitalization of $33.23 Billion. The stock has a consensus rating of "Hold" and an average target price of $50.65. The company was maintained on Wednesday, August 16 by Wells Fargo. The rating was maintained by Barclays Capital with "Underweight" on Friday, August 11.

Several equities analysts have recently commented on the stock. The firm has "Buy" rating by Keefe Bruyette & Woods given on Sunday, July 23. Citigroup has "Sell" rating and $31 target. The stock of The Progressive Corporation (NYSE:PGR) has "Neutral" rating given on Tuesday, December 1 by Citigroup.

Investors sentiment decreased to 1.07 in 2017 Q3. 116 funds opened positions while 640 raised stakes. The Wendy's Company (NASDAQ:WEN) has risen 56.90% since February 22, 2017 and is uptrending. The Ohio-based Employees Retirement System Of Ohio has invested 0.23% in The Progressive Corporation (NYSE:PGR). (NYSE:HST). Great West Life Assurance Can owns 1.08M shares for 0.05% of their portfolio. Lsv Asset has invested 0.01% in The Progressive Corporation (NYSE:PGR). Virtus Advisers owns 537,113 shares. Investors of record on Friday, February 2nd were issued a dividend of $1.125 per share. Renaissance Group Limited Liability Corp invested in 5,352 shares or 0.01% of the stock. Bridgeway Mngmt reported 64,920 shares. Credit Agricole S A accumulated 164,219 shares. $293,400 worth of The Progressive Corporation (NYSE:PGR) was sold by Charney M Jeffrey on Friday, October 20. Guardian Cap LP has invested 0.01% in The Progressive Corporation (NYSE:PGR).

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