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DNB Asset Control AS decreased its stake in The Revolutionary Co. (NYSE:PGR – Loose Record) via 7.0% all over the second one quarter, HoldingsChannel stories. The company owned 138,534 stocks of the insurance coverage supplier’s inventory after promoting 10,435 stocks all over the quarter. DNB Asset Control AS’s holdings in Revolutionary have been price $18,338,000 on the finish of the newest reporting duration.
Different hedge finances additionally lately made adjustments to their positions within the corporate. Sunbelt Securities Inc. obtained a brand new stake in Revolutionary all over the first quarter price roughly $31,000. Exos TFP Holdings LLC boosted its place in Revolutionary via 270.0% all over the first quarter. Exos TFP Holdings LLC now owns 222 stocks of the insurance coverage supplier’s inventory price $32,000 after purchasing an extra 162 stocks all over the duration. Horan Securities Inc. boosted its place in Revolutionary via 588.6% all over the first quarter. Horan Securities Inc. now owns 241 stocks of the insurance coverage supplier’s inventory price $34,000 after purchasing an extra 206 stocks all over the duration. Neo Ivy Capital Control obtained a brand new stake in Revolutionary all over the second quarter price roughly $35,000. After all, Arlington Companions LLC boosted its place in Revolutionary via 47.1% all over the first quarter. Arlington Companions LLC now owns 256 stocks of the insurance coverage supplier’s inventory price $37,000 after purchasing an extra 82 stocks all over the duration. 83.66% of the inventory is these days owned via institutional buyers and hedge finances.
Revolutionary Inventory Efficiency
NYSE PGR opened at $142.45 on Friday. The corporate has a fifty day easy transferring moderate of $130.21 and a 200 day easy transferring moderate of $133.60. The Revolutionary Co. has a 12-month low of $110.04 and a 12-month prime of $149.87. The corporate has a present ratio of 0.33, a snappy ratio of 0.33 and a debt-to-equity ratio of 0.42. The corporate has a marketplace cap of $83.38 billion, a P/E ratio of 48.77, a PEG ratio of one.22 and a beta of 0.47.
Revolutionary (NYSE:PGR – Get Loose Record) final posted its quarterly income effects on Thursday, July thirteenth. The insurance coverage supplier reported $0.50 income consistent with percentage (EPS) for the quarter, lacking the consensus estimate of $0.88 via ($0.38). Revolutionary had a internet margin of three.12% and a go back on fairness of 12.02%. The trade had earnings of $15.23 billion all over the quarter, in comparison to analyst estimates of $15.24 billion. Promote-side analysts expect that The Revolutionary Co. will publish 4.69 income consistent with percentage for the present fiscal 12 months.
Revolutionary Declares Dividend
The corporate additionally lately disclosed a quarterly dividend, which can be paid on Friday, October thirteenth. Shareholders of document on Thursday, October fifth can be issued a dividend of $0.10 consistent with percentage. This represents a $0.40 dividend on an annualized foundation and a yield of 0.28%. The ex-dividend date of this dividend is Wednesday, October 4th. Revolutionary’s dividend payout ratio is 13.70%.
Analyst Scores Adjustments
PGR has been the subject of a number of contemporary analysis stories. JPMorgan Chase & Co. upgraded stocks of Revolutionary from a “impartial” ranking to an “obese” ranking and set a $146.00 goal value at the inventory in a analysis document on Monday, July seventeenth. Wells Fargo & Corporate reduced stocks of Revolutionary from an “obese” ranking to an “equivalent weight” ranking and reduced their value goal for the inventory from $162.00 to $128.00 in a document on Friday, July 14th. StockNews.com reduced stocks of Revolutionary from a “purchase” ranking to a “cling” ranking in a document on Wednesday, September thirteenth. Barclays raised their value goal on stocks of Revolutionary from $107.00 to $109.00 and gave the inventory an “underweight” ranking in a document on Thursday, August seventeenth. After all, Raymond James raised their value goal on stocks of Revolutionary from $140.00 to $145.00 and gave the inventory an “outperform” ranking in a document on Thursday, August seventeenth. 3 funding analysts have rated the inventory with a promote ranking, six have given a cling ranking and 7 have assigned a purchase ranking to the corporate. In line with knowledge from MarketBeat.com, the corporate these days has a mean ranking of “Grasp” and a consensus value goal of $142.93.
Learn Our Newest Inventory Research on Revolutionary
Insiders Position Their Bets
In different Revolutionary information, insider Andrew J. Quigg offered 5,070 stocks of Revolutionary inventory in a transaction on Thursday, August third. The stocks have been offered at a mean value of $127.50, for a complete transaction of $646,425.00. Following the transaction, the insider now at once owns 20,816 stocks of the corporate’s inventory, valued at roughly $2,654,040. The transaction was once disclosed in a felony submitting with the Securities & Change Fee, which is to be had thru this link. In different Revolutionary information, insider Daniel P. Mascaro offered 1,570 stocks of Revolutionary inventory in a transaction on Monday, September 18th. The stocks have been offered at a mean value of $140.39, for a complete transaction of $220,412.30. Following the transaction, the insider now at once owns 31,706 stocks of the corporate’s inventory, valued at roughly $4,451,205.34. The transaction was once disclosed in a felony submitting with the Securities & Change Fee, which is to be had thru this link. Additionally, insider Andrew J. Quigg offered 5,070 stocks of Revolutionary inventory in a transaction on Thursday, August third. The inventory was once offered at a mean value of $127.50, for a complete transaction of $646,425.00. Following the transaction, the insider now at once owns 20,816 stocks within the corporate, valued at $2,654,040. The disclosure for this sale may also be discovered right here. Insiders have offered 76,371 stocks of corporate inventory valued at $10,046,656 within the final 3 months. 0.34% of the inventory is these days owned via insiders.
Revolutionary Corporate Profile
The Revolutionary Company, an insurance coverage preserving corporate, supplies private and industrial auto, private residential and industrial estate, normal legal responsibility, and different forte property-casualty insurance coverage merchandise and similar products and services in the US. It operates in 3 segments: Non-public Strains, Business Strains, and Assets.
Advisable Tales
Need to see what different hedge finances are preserving PGR? Consult with HoldingsChannel.com to get the newest 13F filings and insider trades for The Revolutionary Co. (NYSE:PGR – Loose Record).
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