21 August, 2017
3892326 shares were traded on Progressive Corporation (The)'s last session. Return on Assets (ROA) ratio indicates how profitable a company is relative to its total assets. The SI to Progressive Corporation's float is 0.85%. It is down 0.00% since August 18, 2016 and is. It has outperformed by 26.40% the S&P500.
Bank Of Nova Scotia decreased Progressive Corp Ohio (PGR) stake by 6.66% reported in 2016Q4 SEC filing. Thompson Siegel & Walmsley Llc bought 515,274 shares as the company's stock rose 6.56% with the market. The firm has a market capitalization of $28.30 billion, a price-to-earnings ratio of 20.73 and a beta of 0.86. About 3.02M shares traded or 5.96% up from the average.
Several research firms have recently issued reports on PGR.
More notable recent KeyCorp (NYSE:KEY) news were published by: Nasdaq.com which released: "KeyCorp Expands Healthcare Advisory, to Buy Cain Brothers" on August 17, 2017, also Cnbc.com with their article: "KeyCorp CEO Beth Mooney says economic stimulus will have 'a coiled-spring ..." published on July 20, 2017, Cleveland.com published: "KeyCorp profits double after acquisition, consumer loans flat" on July 21, 2017. From the start of year 2017 to present date PGR reported surged performance of 36.65%.
In an overview of the current analyst recommendations, Buy count is 9 and Overweight is 0 while the number of analysts recommending Sell and Underweight are 2 and 0, respectively. Therefore 55% are positive.
06/15/2017 - Progressive Corporation (The) had its "buy" rating reiterated by analysts at Bank of America Merrill Lynch. The Mean Recommendation is the average rating on a stock by the analyst community. The stock of KeyCorp (NYSE:KEY) has "Buy" rating given on Tuesday, October 25 by Rafferty. Jefferies has "Buy" rating and $14 target. The rating was maintained by FBR Capital with "Mkt Perform" on Wednesday, May 10. Investors expect the good YTD performance from the stock. The firm has "Outperform" rating given on Monday, June 27 by RBC Capital Markets. Wells Fargo has "Market Perform" rating and $19 target. Creditors will loan money at a cheaper rate to a profitable company than to an unprofitable one; consequently, profitable companies can use leverage to increase stockholders' equity even more. Shares for $45,705 were sold by Broz Steven on Monday, May 22. Based on an average daily volume of 3,168,404 shares, the days-to-cover ratio is presently 1.1 days.
The share price of Progressive Corporation (The) (NYSE:PGR) was up +2.35% during the last trading session, with a day high of 48.95. It turned negative, as 61 investors sold KEY shares while 226 reduced holdings.
The Progressive Corporation (NYSE:PGR) closed up +1.12 points or 2.35% at $48.71 with 3.89 mln shares exchanging hands. Regions Finance owns 0.26% invested in Spectra Energy Corp. Asset Mngmt Inc invested in 0.08% or 56,243 shares. Parkside Bancorp Trust accumulated 0% or 498 shares. Bessemer Group Inc, a New Jersey-based fund reported 93,441 shares. Advisor Prtnrs Limited Liability stated it has 8,877 shares or 0.09% of all its holdings. Lynch In owns 0.2% invested in KeyCorp (NYSE:KEY) for 26,150 shares. Fdx Inc holds 63,830 shares or 0.07% of its portfolio. Weatherly Asset Management Lp reported 7,190 shares.
Investors sentiment increased to 1.06 in Q4 2016. Its down 0.16, from 0.98 in 2016Q3. 62 funds opened positions while 159 raised stakes. Nordea Investment Ab owns 434,571 shares.
Synopsys, Inc. (NASDAQ:SNPS) shares ended at $79.09 with 0.92 mln shares exchanging hands. Ny State Teachers Retirement Systems reported 957,919 shares. Zweig stated it has 218,685 shares or 0.56% of all its holdings. Parnassus Invests Ca owns 800,000 shares or 0.14% of their U.S. portfolio. 640,724 were accumulated by Blackrock Advsr Ltd Liability Corp. Tiaa Cref Inv Mgmt Lc holds 5.25M shares or 0.14% of its portfolio.
Shares of Progressive Corporation (PGR) opened at 48.63 on Thursday. Pine River Cap Management Ltd Partnership reported 0.02% stake. Invesco Limited has 9.25M shares for 0.11% of their portfolio. Fincl Bank has 18,853 shares for 0.01% of their portfolio. Nationwide Fund Advisors holds 0.03% or 193,659 shares. Tompkins Financial Corp purchased a new stake in shares of Progressive Corporation (The) during the first quarter valued at $263,000. Analysts have a mean recommendation of 3.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 31% are positive. Progressive had 37 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Thursday, July 13 by Citigroup. Morgan Stanley reiterated an "equal weight" rating and set a $43.00 price target (up previously from $40.00) on shares of Progressive Corporation (The) in a research report on Friday, July 7th. The rating was maintained by Goldman Sachs with "Sell" on Thursday, March 17. The firm earned "Hold" rating on Wednesday, August 16 by Wells Fargo.
From another technical standpoint, The Progressive Corporation (NYSE:PGR)'s 14-day Relative Strength Index (RSI) has reached 67.38, putting it inside a neutral zone.
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