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Rafferty Asset Management Cut Progressive Ohio (PGR) Position By $609,840; W P Carey Has 1.32 Sentiment

W. P. Carey Inc. is an independent equity real estate investment trust. The company has market cap of $7.06 billion. The firm also provides long-term sale-leaseback and build-to-suit financing for companies. It has a 28.56 P/E ratio. It invests in the real estate markets across the globe.

Rafferty Asset Management Llc decreased Progressive Corp Ohio (PGR) stake by 6.02% reported in 2017Q3 SEC filing. Rafferty Asset Management Llc sold 12,705 shares as Progressive Corp Ohio (PGR)’s stock rose 6.56%. The Rafferty Asset Management Llc holds 198,369 shares with $9.61M value, down from 211,074 last quarter. Progressive Corp Ohio now has $33.22 billion valuation. The stock increased 1.49% or $0.84 during the last trading session, reaching $57.11. About 1.46M shares traded. The Progressive Corporation (NYSE:PGR) has risen 26.23% since January 17, 2017 and is uptrending. It has outperformed by 9.53% the S&P500.

Analysts await W. P. Carey Inc. (NYSE:WPC) to report earnings on February, 22. They expect $1.13 EPS, down 7.38% or $0.09 from last year’s $1.22 per share. WPC’s profit will be $120.80 million for 14.61 P/E if the $1.13 EPS becomes a reality. After $1.37 actual EPS reported by W. P. Carey Inc. for the previous quarter, Wall Street now forecasts -17.52% negative EPS growth.

The stock increased 1.24% or $0.81 during the last trading session, reaching $66.03. About 227,358 shares traded. W. P. Carey Inc. (WPC) has risen 2.82% since January 17, 2017 and is uptrending. It has underperformed by 13.88% the S&P500.

Gruss & Co Inc holds 4.2% of its portfolio in W. P. Carey Inc. for 55,277 shares. Rock Point Advisors Llc owns 122,282 shares or 3.84% of their US portfolio. Moreover, Karpas Strategies Llc has 2.28% invested in the company for 77,050 shares. The California-based Pring Turner Capital Group Inc has invested 2.28% in the stock. Rench Wealth Management Inc., a Texas-based fund reported 46,345 shares.

Rafferty Asset Management Llc increased Aflac Inc (NYSE:AFL) stake by 7,283 shares to 64,950 valued at $5.29 million in 2017Q3. It also upped Select Sector Spdr Tr (XLK) stake by 356,973 shares and now owns 2.95 million shares. Select Sector Spdr Tr (XLV) was raised too.

Investors sentiment decreased to 1.07 in 2017 Q3. Its down 0.12, from 1.19 in 2017Q2. It worsened, as 43 investors sold PGR shares while 189 reduced holdings. 63 funds opened positions while 185 raised stakes. 447.86 million shares or 0.41% less from 449.71 million shares in 2017Q2 were reported. Franklin Resources has invested 0% in The Progressive Corporation (NYSE:PGR). 30,490 were reported by Etrade Cap Management Ltd Liability Corporation. Cibc Asset Inc holds 0.02% or 55,014 shares in its portfolio. Virtus Inv Advisers stated it has 0.19% in The Progressive Corporation (NYSE:PGR). Nikko Asset Management Americas stated it has 0.11% in The Progressive Corporation (NYSE:PGR). Stifel Financial owns 0% invested in The Progressive Corporation (NYSE:PGR) for 13,249 shares. Usa Portformulas holds 0.95% of its portfolio in The Progressive Corporation (NYSE:PGR) for 82,411 shares. 84,600 were accumulated by Omers Administration. Columbus Circle holds 0.16% or 191,919 shares in its portfolio. Commonwealth Commercial Bank Of Australia accumulated 70,661 shares or 0.03% of the stock. Usca Ria Limited Liability holds 0.39% or 67,787 shares. Westpac Bk reported 37,563 shares stake. Lombard Odier Asset (Europe) has 0.02% invested in The Progressive Corporation (NYSE:PGR). Central Securities Corp stated it has 160,000 shares. 5,650 are owned by Willingdon Wealth Mgmt.

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. The stock of The Progressive Corporation (NYSE:PGR) earned “Neutral” rating by Citigroup on Wednesday, October 18. Keefe Bruyette & Woods maintained The Progressive Corporation (NYSE:PGR) rating on Wednesday, November 15. Keefe Bruyette & Woods has “Buy” rating and $58.0 target. The stock has “Mkt Perform” rating by FBR Capital on Monday, April 3. As per Tuesday, September 19, the company rating was maintained by UBS. The company was initiated on Wednesday, September 16 by JMP Securities. The firm has “Sell” rating by Goldman Sachs given on Thursday, March 17. Goldman Sachs downgraded it to “Sell” rating and $28 target in Monday, November 16 report. The stock has “Buy” rating by Keefe Bruyette & Woods on Tuesday, June 20. The firm has “Sell” rating given on Thursday, June 2 by Citigroup. Citigroup downgraded The Progressive Corporation (NYSE:PGR) on Tuesday, December 1 to “Neutral” rating.

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