Gqg Partners Reduces $283M in The Progressive Corporation ($PGR)
Key Points
- Gqg Partners changed its The Progressive Corporation ($PGR) stake by 12.40% last quarter, cutting to 9,138,940 shares worth $2 billion.
- Wall Street's consensus rating on $PGR is Hold and an average price target of $232.
- $PGR last traded around $218.45.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Gqg Partners reduced its position in The Progressive Corporation ($PGR) by 12.40% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,138,940 shares of The Progressive Corporation after selling 1,293,609 shares during the quarter. Gqg Partners's holdings in The Progressive Corporation were worth $2 billion as of its most recent filing.
The Progressive Corporation Stock Down 0.1%
Shares of The Progressive Corporation ($PGR) traded around $218.45 on Saturday, down 0.1% for the day.
The Progressive Corporation Earnings
The Progressive Corporation Dividend
Analysts Set New Price Targets
About The Progressive Corporation
The Progressive Corporation operates as an insurance company in the United States. It writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. The company also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers' compensation insurance for the transportation industry. In addition, it offers other specialty property-casualty insurance and provides related services; personal property reinsurance products; and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.
Get The Progressive Corporation alerts
New 13F filings, insider trades, and analyst moves on $PGR, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.