Confluence Investment Management Has Decreased Its Progressive Corp. (PGR) Position; Shorts at Cps Technologies (CPSH) Raised By 342.86%

The Progressive Corporation (NYSE:PGR) Logo

Confluence Investment Management Llc decreased Progressive Corp. (PGR) stake by 1.46% reported in 2017Q4 SEC filing. Confluence Investment Management Llc sold 29,426 shares as Progressive Corp. (PGR)’s stock rose 7.49%. The Confluence Investment Management Llc holds 1.99M shares with $112.21 million value, down from 2.02M last quarter. Progressive Corp. now has $34.83B valuation. The stock increased 0.91% or $0.54 during the last trading session, reaching $59.81. About 2.46 million shares traded. The Progressive Corporation (NYSE:PGR) has risen 52.71% since May 7, 2017 and is uptrending. It has outperformed by 41.16% the S&P500.

Cps Technologies Corp (NASDAQ:CPSH) had an increase of 342.86% in short interest. CPSH’s SI was 3,100 shares in May as released by FINRA. Its up 342.86% from 700 shares previously. With 24,900 avg volume, 0 days are for Cps Technologies Corp (NASDAQ:CPSH)’s short sellers to cover CPSH’s short positions. The SI to Cps Technologies Corp’s float is 0.04%. The stock increased 2.31% or $0.03 during the last trading session, reaching $1.33. About 17,705 shares traded. CPS Technologies Corporation (NASDAQ:CPSH) has risen 2.22% since May 7, 2017 and is uptrending. It has underperformed by 9.33% the S&P500.

Confluence Investment Management Llc increased Exxon Mobil Corp. (NYSE:XOM) stake by 3,791 shares to 163,701 valued at $13.69M in 2017Q4. It also upped Mdu Resources Group Inc. (NYSE:MDU) stake by 11,844 shares and now owns 564,020 shares. Ishares Corporate Ex Financial was raised too.

Since April 25, 2018, it had 0 insider buys, and 1 insider sale for $121,236 activity. $121,236 worth of The Progressive Corporation (NYSE:PGR) shares were sold by Broz Steven.

Among 19 analysts covering Progressive (NYSE:PGR), 9 have Buy rating, 2 Sell and 8 Hold. Therefore 47% are positive. Progressive has $6900 highest and $25 lowest target. $50.19’s average target is -16.08% below currents $59.81 stock price. Progressive had 65 analyst reports since August 6, 2015 according to SRatingsIntel. Sandler O’Neill upgraded the shares of PGR in report on Tuesday, March 21 to “Buy” rating. On Friday, October 14 the stock rating was upgraded by Citigroup to “Neutral”. The stock of The Progressive Corporation (NYSE:PGR) earned “Buy” rating by Keefe Bruyette & Woods on Wednesday, February 14. The stock has “Mkt Perform” rating by FBR Capital on Wednesday, May 10. The firm earned “Underweight” rating on Friday, August 11 by Barclays Capital. The stock of The Progressive Corporation (NYSE:PGR) has “Hold” rating given on Monday, April 16 by FBR Capital. The company was maintained on Monday, September 19 by Deutsche Bank. UBS maintained the stock with “Buy” rating in Thursday, January 25 report. The firm has “Hold” rating by Wells Fargo given on Wednesday, June 14. Keefe Bruyette & Woods maintained the shares of PGR in report on Monday, September 18 with “Buy” rating.

More news for The Progressive Corporation (NYSE:PGR) were recently published by: Seekingalpha.com, which released: “Progressive Corporation 2018 Q1 – Results – Earnings Call Slides” on May 04, 2018. Seekingalpha.com‘s article titled: “Progressive’s Dashboard Report – March 2018 Update” and published on April 18, 2018 is yet another important article.

Investors sentiment increased to 1.17 in 2017 Q4. Its up 0.10, from 1.07 in 2017Q3. It improved, as 32 investors sold PGR shares while 198 reduced holdings. 81 funds opened positions while 189 raised stakes. 453.53 million shares or 1.27% more from 447.86 million shares in 2017Q3 were reported. Pineno Levin & Ford Asset Mgmt Incorporated holds 1.81% in The Progressive Corporation (NYSE:PGR) or 77,330 shares. Gulf Int Natl Bank (Uk) Limited reported 0.13% of its portfolio in The Progressive Corporation (NYSE:PGR). Primecap Management Ca reported 0.2% of its portfolio in The Progressive Corporation (NYSE:PGR). Jennison Associates Ltd Limited Liability Company invested 0% in The Progressive Corporation (NYSE:PGR). Ohio-based Meeder Asset has invested 0.44% in The Progressive Corporation (NYSE:PGR). Amalgamated Bancorporation invested in 76,587 shares. Keybank Association Oh stated it has 0.03% of its portfolio in The Progressive Corporation (NYSE:PGR). Renaissance Grp Inc Ltd Liability has 0.09% invested in The Progressive Corporation (NYSE:PGR). Exxonmobil Invest Mgmt Incorporated Tx has 92,477 shares. Endurance Wealth Mgmt Inc holds 0% or 100 shares in its portfolio. Green Square Capital Ltd Co holds 0.13% or 15,450 shares in its portfolio. 30,772 are held by Wealthfront Incorporated. 5,600 are held by Pennsylvania Tru Company. Segall Bryant And Hamill Ltd Co accumulated 0.16% or 131,557 shares. 19,280 were reported by Profund Advisors Limited Company.

More news for CPS Technologies Corporation (NASDAQ:CPSH) were recently published by: Globenewswire.com, which released: “CPS Technologies Corporation Announces First Quarter 2018 Results” on May 02, 2018. Globenewswire.com‘s article titled: “CPS Technologies Corporation Conference Call Notification” and published on April 24, 2018 is yet another important article.

The Progressive Corporation (NYSE:PGR) Institutional Positions Chart