As Progressive Corp Ohio (PGR) Shares Rose, Sei Investments Company Increased Its Stake

The Progressive Corporation (NYSE:PGR) Corporate LogoDuring 2018 Q4 the big money sentiment increased to 1.08. That’s change of 0.01, from 2018Q3’s 1.07. 37 investors sold all, 236 reduced holdings as PGR ratio improved. 202 rose stakes while 93 funds took stakes. Funds hold 458.35 million shares thus 2.33% more from 2018Q3’s 447.91 million shares. Gamble Jones Invest Counsel holds 0.11% of its capital in The Progressive Corporation (NYSE:PGR) for 18,950 shs. 10,370 were accumulated by Orleans La. Schroder Invest Mngmt Gru reported 0.06% in The Progressive Corporation (NYSE:PGR). Great Lakes Limited Co has invested 0.02% in The Progressive Corporation (NYSE:PGR). Axa invested in 260,001 shs. First Interstate Comml Bank holds 0.02% or 1,625 shs in its capital. Manufacturers Life Ins Company The has 2.82 million shs for 0.21% of their capital. Nelson Van Denburg Campbell Wealth Mngmt Grp Limited Liability Co owns 0.07% invested in The Progressive Corporation (NYSE:PGR) for 4,760 shs. Meiji Yasuda Life Ins invested in 3,600 shs or 0.03% of the stock. Trexquant Inv Lp holds 159,043 shs or 0.6% of its capital. Greenleaf reported 8,152 shs or 0.01% of all its holdings. Ferguson Wellman Capital Mgmt owns 392,550 shs for 0.91% of their capital. Virtu Limited Liability has invested 0.04% in The Progressive Corporation (NYSE:PGR). Ledyard Natl Bank has invested 0% of its capital in The Progressive Corporation (NYSE:PGR). Origin Asset Mgmt Ltd Liability Partnership invested in 1.46% or 264,800 shs.

PGR had 6 insider sales and 2 insider buys since October 26, 2018. This’s net activity of $9.46 million. Snyder Barbara R bought $19,663 worth of The Progressive Corporation (NYSE:PGR) or 292 shs on Monday, February 11. On Friday, January 25 12,000 shs were sold by Sauerland John P, worth $783,240. The insider Griffith Susan Patricia sold $817,362. Another trade for 18,000 shs valued at $1.20M was sold by Charney M Jeffrey.

Sei Investments Company’s holdings in Progressive Corp Ohio (PGR) is increased by 3.61% based on its latest 2018Q4 regulatory filing with the SEC. The company’s stock popped up 13.17% while Sei Investments Company bought 56,575 shares. The property-casualty insurers company announced $114.02M value for the 2018Q4. Now the institutional investor is holding 1.62 million shares, compared to the 1.57M from the previous quarter. $42.10B is the market cap of Progressive Corp Ohio. Ticker’s shares touched $72.09 during the last trading session after 0.46% change.The Progressive Corporation has 4.40M shares volume, 31.79% up from normal. PGR is uptrending and has moved 25.82% since March 31, 2018. PGR outperformed by 21.45% the S&P500.

Sei Investments Company manages about $28.09 billion US Long portfolio. Its stake in Allegheny Technologies Inc (NYSE:ATI) was reduced by 124,254 shares to 120,386 shares valued at $3.52 million in 2018Q4, according to the filing. Sei Investments Company has cut its stake in Mondelez Intl Inc (NASDAQ:MDLZ) and also reduced its holding in Vanguard Index Fds (VBR) by 174,554 shares in the quarter, for a total of 240,902 shares.

The Progressive Corporation (NYSE:PGR) Ratings Coverage

Total analysts of 8 have positions in Progressive (NYSE:PGR) as follows: 5 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 63%. Since October 8, 2018 according to StockzIntelligence Inc Progressive has 13 analyst reports. On Thursday, March 7 the firm earned “Outperform” rating by Credit Suisse. On Friday, October 12 the firm earned “Neutral” rating by Citigroup. On Monday, October 8 the rating was maintained by FBR Capital with “Neutral”. On Wednesday, October 17 the firm has “Strong Buy” rating given by Raymond James. On Wednesday, March 13 the company was maintained by Wells Fargo. The stock rating was maintained by Barclays Capital with “Underweight” on Monday, November 12. On Thursday, February 14 the firm earned “Neutral” rating by Citigroup. In Tuesday, December 11 report FBR Capital upgraded the stock to “Buy” rating. The company rating was upgraded by Barclays Capital on Wednesday, January 9. The stock rating was upgraded by Morgan Stanley to “Overweight” on Wednesday, November 7.

The Progressive Corporation (NYSE:PGR) Institutional Investors Chart

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