Stock Highlights: The Progressive Corporation (NYSE:PGR)

Marco Green
April 18, 2018

The Progressive Corporation (NYSE:PGR) has $36.25B market cap. The stock increased 0.80% or $0.62 during the last trading session, reaching $77.84. It has outperformed by 41.16% the S&P500. Ballentine Prns Ltd has 5,384 shares.

The stock increased 3.57% or $8.23 during the last trading session, reaching $238.55. MEYROWITZ CAROL had sold 132,262 shares worth $11.08M on Thursday, March 1. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.39% since April 18, 2017 and is uptrending. It has outperformed by 23.75% the S&P500.

Big Money Sentiment increased to 1.17 in Q4 2017. The stock price value Change from Open was at 1.35% with a Gap of 0.85%.

Several institutional investors have recently added to or reduced their stakes in PGR. 126 funds opened positions while 526 raised stakes. 453.53 million shares or 1.27% more from 447.86 million shares in 2017Q3 were reported.

Since October 18, 2017, it had 0 insider buys, and 2 sales for $727,470 activity. 92,477 are held by Exxonmobil Inv Inc Tx.

The Progressive Corporation (NYSE:PGR) is now up 57.81% compared to a 12-month low of $38.61. Private Ocean Lc invested 0% in The Progressive Corporation (NYSE:PGR). Blackrock has 0.1% invested in The Progressive Corporation (NYSE:PGR). Cambridge Investment Advisors holds 19,027 shares. Fjarde Ap stated it has 0.14% in The Progressive Corporation (NYSE:PGR). Cibc Savings Bank Usa invested in 0.12% or 17,075 shares. Eqis Cap Mgmt Incorporated holds 9,629 shares or 0.03% of its portfolio. Mackenzie Financial Corporation invested in 0.22% or 1.64M shares. Shareholders of record on Friday, February 3rd were given a dividend of $0.681 per share. Scout Invs Inc holds 285,639 shares. The insider SIBBALD ANDREW sold 1,336 shares worth $129,612. The positive are 60%. Virtus Invest Advisers Incorporated reported 0.22% in The Progressive Corporation (NYSE:PGR). A consensus recommendation for an individual stock compiles ratings from a number of analysts who track that stock. The firm has "Buy" rating by Jefferies given on Tuesday, September 13. ValuEngine upgraded Progressive from a "hold" rating to a "buy" rating in a research note on Monday, April 2nd. Argus Research maintained The Walt Disney Company (NYSE:DIS) on Friday, August 7 with "Buy" rating. In Wednesday, March 14 report Keefe Bruyette & Woods maintained it with "Buy" rating and $65.0 target. On Thursday, January 25 M Partners maintained the shares of PGR in report with "Buy" rating. With 8.77M avg volume, 1 days are for Lowes Companies Inc (NYSE:LOW)'s short sellers to cover LOW's short positions.

Wealthtrust Fairport Llc decreased its stake in Progressive Corp Ohio (PGR) by 88.97% based on its latest 2017Q4 regulatory filing with the SEC.

State Treasurer State Of Michigan increased Apollo Coml Real Est Fin Inc (NYSE:ARI) stake by 734,200 shares to 3.71 million valued at $68.54M in 2017Q4.

Analysts await Tyler Technologies, Inc. (NASDAQ:MU) to report earnings on July, 5. During the same quarter in the prior year, the business earned $0.66 earnings per share. equities research analysts predict that Progressive Co. will post 3.7 earnings per share for the current fiscal year. PGR's profit would be $605.68 million giving it 14.44 P/E if the $1.04 EPS is correct. After $0.79 actual EPS reported by The Progressive Corporation for the previous quarter, Wall Street now forecasts 31.65% EPS growth. Therefore 75% are positive. Oracle had 115 analyst reports since July 30, 2015 according to SRatingsIntel. Oppenheimer maintained the stock with "Buy" rating in Thursday, August 10 report.

The stock of The Progressive Corporation and Autodesk, Inc. were two of the most active stocks on Tueday. On Monday, December 4 the firm earned "Buy" rating by Keefe Bruyette & Woods. The company was maintained on Tuesday, September 5 by Morgan Stanley. Credit Suisse downgraded the stock to "Underperform" rating in Friday, November 6 report. In Wednesday, November 15 report Keefe Bruyette & Woods maintained the stock with "Buy" rating. Canaccord Genuity has "Buy" rating and $140 target. Its up 0.10, from 1.07 in 2017Q3. It improved, as 51 investors sold PFE shares while 675 reduced holdings. The investment managers in our database now have: 806.07 million shares, down from 810.94 million shares in 2017Q3. Zurcher Kantonalbank (Zurich Cantonalbank) has 2,078 shares. Huntington National Bank invested in 17,163 shares. Loring Wolcott & Coolidge Fiduciary Advsr Limited Liability Partnership Ma holds 0% or 2,158 shares in its portfolio. New York State Common Retirement Fund grew its holdings in Progressive by 1.3% during the third quarter. Marathon reported 0.16% in Pfizer Inc. Jpmorgan Chase And Company holds 10.05 million shs or 0.12% of its capital. Ameriprise Financial Inc. now owns 880,067 shares of the insurance provider's stock valued at $42,613,000 after purchasing an additional 405,643 shares during the period. Northstar Asset Limited Liability owns 9,800 shares. Vanguard Inc holds 0.1% or 40.06 million shares in its portfolio. Cadinha Limited Liability Company has invested 2.01% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). It also reduced Select Sector Spdr Tr (XLK) stake by 28,367 shares and now owns 318,206 shares.

On 8/17/2017 John P Sauerland, CFO, sold 50,000 with an average share price of $48.65 per share and the total transaction amounting to $2,432,500.00.

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