Barclays Plc Lifted Its Progressive Ohio (PGR) Stake; Fort Point Capital Partners Has Cut Apple (AAPL) Holding

December 17, 2017 - By Maria Brooks

Barclays Plc increased Progressive Corp Ohio (PGR) stake by 2980.55% reported in 2017Q2 SEC filing. Barclays Plc acquired 229,502 shares as Progressive Corp Ohio (PGR)’s stock rose 6.56%. The Barclays Plc holds 237,202 shares with $10.46M value, up from 7,700 last quarter. Progressive Corp Ohio now has $32.26 billion valuation. The stock increased 0.58% or $0.32 during the last trading session, reaching $55.46. About 5.62M shares traded or 84.03% up from the average. The Progressive Corporation (NYSE:PGR) has risen 26.23% since December 17, 2016 and is uptrending. It has outperformed by 9.53% the S&P500.

Fort Point Capital Partners Llc decreased Apple Inc (AAPL) stake by 41.27% reported in 2017Q2 SEC filing. Fort Point Capital Partners Llc sold 35,889 shares as Apple Inc (AAPL)’s stock rose 12.78%. The Fort Point Capital Partners Llc holds 51,075 shares with $7.36M value, down from 86,964 last quarter. Apple Inc now has $893.22B valuation. The stock increased 1.02% or $1.75 during the last trading session, reaching $173.97. About 40.17 million shares traded or 46.95% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since December 17, 2016 and is uptrending. It has outperformed by 45.78% the S&P500.

Among 51 analysts covering Apple Inc. (NASDAQ:AAPL), 41 have Buy rating, 1 Sell and 9 Hold. Therefore 80% are positive. Apple Inc. had 339 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Monday, December 14. The firm earned “Long-Term Buy” rating on Thursday, October 27 by Hilliard Lyons. On Wednesday, September 6 the stock rating was maintained by Nomura with “Buy”. The firm earned “Overweight” rating on Friday, December 16 by PiperJaffray. On Wednesday, August 2 the stock rating was maintained by Rosenblatt with “Hold”. Macquarie Research maintained it with “Outperform” rating and $133 target in Wednesday, October 26 report. The firm has “Buy” rating by Guggenheim given on Tuesday, February 28. Citigroup maintained the stock with “Buy” rating in Wednesday, October 26 report. The stock of Apple Inc. (NASDAQ:AAPL) has “Overweight” rating given on Wednesday, January 27 by Piper Jaffray. The firm earned “Outperform” rating on Wednesday, February 1 by RBC Capital Markets.

Since August 7, 2017, it had 0 buys, and 11 selling transactions for $90.94 million activity. SCHILLER PHILIP W had sold 56,808 shares worth $8.79 million. 15,642 shares valued at $2.42M were sold by Riccio Daniel J. on Thursday, October 5. On Wednesday, August 16 Srouji Johny sold $1.70 million worth of Apple Inc. (NASDAQ:AAPL) or 10,469 shares. $43.15M worth of Apple Inc. (NASDAQ:AAPL) was sold by COOK TIMOTHY D on Thursday, August 24. Another trade for 6,209 shares valued at $1.01 million was sold by KONDO CHRIS. AHRENDTS ANGELA J sold $9.78M worth of stock or 63,388 shares. The insider FEDERIGHI CRAIG sold 63,163 shares worth $9.98 million.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on January, 30. They expect $3.75 earnings per share, up 11.61% or $0.39 from last year’s $3.36 per share. AAPL’s profit will be $19.25B for 11.60 P/E if the $3.75 EPS becomes a reality. After $2.07 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth.

Investors sentiment increased to 0.7 in 2017 Q2. Its up 0.02, from 0.68 in 2017Q1. It is positive, as 62 investors sold AAPL shares while 1068 reduced holdings. 129 funds opened positions while 634 raised stakes. 3.06 billion shares or 2.38% less from 3.13 billion shares in 2017Q1 were reported. Riverbridge Ltd Liability Com has invested 0.11% in Apple Inc. (NASDAQ:AAPL). Victory Capital Management stated it has 522,708 shares. Capstone reported 55,934 shares. 4,273 were reported by Cortland Assoc Mo. Ntv Asset Mgmt Limited Liability Company has 1.75% invested in Apple Inc. (NASDAQ:AAPL). S R Schill And Associates owns 7,360 shares or 0.67% of their US portfolio. Robecosam Ag reported 0.59% stake. Natixis Asset has 68,303 shares. Shufro Rose And Communication Lc reported 76,099 shares. Livingston Grp Asset Mgmt Communication (Operating As Southport Management) invested in 52,649 shares. White Pine Company holds 2.09% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 27,208 shares. 19,345 were reported by Wealthtrust Axiom Limited Liability. Minnesota-based Accredited Invsts has invested 1.06% in Apple Inc. (NASDAQ:AAPL). Caxton Associates Ltd Partnership invested 0.04% in Apple Inc. (NASDAQ:AAPL). Odey Asset Gp Limited stated it has 0.44% in Apple Inc. (NASDAQ:AAPL).

Investors sentiment decreased to 1.07 in 2017 Q2. Its down 0.12, from 1.19 in 2017Q1. It worsened, as 32 investors sold PGR shares while 188 reduced holdings. 76 funds opened positions while 185 raised stakes. 449.71 million shares or 0.33% less from 451.19 million shares in 2017Q1 were reported. Canada Pension Plan Investment Board owns 224,063 shares for 0.02% of their portfolio. Chevy Chase Tru holds 505,493 shares. Wells Fargo And Mn holds 0.06% or 4.55M shares in its portfolio. Clarivest Asset Management Ltd holds 316,656 shares. The Illinois-based New Vernon Management Ltd Llc has invested 2.23% in The Progressive Corporation (NYSE:PGR). Jane Street Group Incorporated Lc owns 0% invested in The Progressive Corporation (NYSE:PGR) for 25,682 shares. Peak Asset Management Limited has 6,486 shares. Virginia Retirement System Et Al holds 0.01% or 16,300 shares in its portfolio. Hightower Advisors Ltd Liability invested in 0.01% or 24,141 shares. Ghp Advisors holds 0.21% in The Progressive Corporation (NYSE:PGR) or 30,385 shares. Northern Tru Corporation invested in 0.08% or 6.52M shares. Vident Advisory Ltd Liability Com has invested 0.25% in The Progressive Corporation (NYSE:PGR). Visionary Asset Mgmt stated it has 0.11% of its portfolio in The Progressive Corporation (NYSE:PGR). Cypress Ltd (Wy) owns 0% invested in The Progressive Corporation (NYSE:PGR) for 2,400 shares. Buckingham Asset Mngmt Ltd Liability Corporation reported 0.1% in The Progressive Corporation (NYSE:PGR).

Barclays Plc decreased Tenet Healthcare Corp (Call) (NYSE:THC) stake by 123,300 shares to 70,600 valued at $1.37 million in 2017Q2. It also reduced Sysco Corp (Put) (NYSE:SYY) stake by 17,100 shares and now owns 2,500 shares. Klx Inc was reduced too.

Among 18 analysts covering Progressive (NYSE:PGR), 8 have Buy rating, 2 Sell and 8 Hold. Therefore 44% are positive. Progressive had 52 analyst reports since August 6, 2015 according to SRatingsIntel. Wells Fargo maintained the stock with “Hold” rating in Tuesday, July 18 report. Citigroup maintained The Progressive Corporation (NYSE:PGR) on Thursday, August 17 with “Neutral” rating. The firm earned “Strong Buy” rating on Thursday, July 13 by Raymond James. The stock of The Progressive Corporation (NYSE:PGR) earned “Buy” rating by UBS on Tuesday, September 19. The firm has “Hold” rating given on Wednesday, April 19 by Wells Fargo. The firm earned “Buy” rating on Wednesday, August 16 by Keefe Bruyette & Woods. The stock of The Progressive Corporation (NYSE:PGR) has “Buy” rating given on Monday, September 18 by Keefe Bruyette & Woods. The firm earned “Underperform” rating on Friday, November 6 by Credit Suisse. The rating was upgraded by Sandler O’Neill to “Hold” on Thursday, December 17. The rating was downgraded by Bernstein to “Market Perform” on Tuesday, January 19.

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