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Columbus Circle Investors Has Increased Its Progressive Ohio (PGR) Position; Shorts at Alcoa (AA) Lowered By 5.81%

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Columbus Circle Investors increased Progressive Corp Ohio (PGR) stake by 20.64% reported in 2017Q4 SEC filing. Columbus Circle Investors acquired 39,603 shares as Progressive Corp Ohio (PGR)’s stock rose 7.49%. The Columbus Circle Investors holds 231,522 shares with $13.04M value, up from 191,919 last quarter. Progressive Corp Ohio now has $35.56 billion valuation. The stock decreased 0.13% or $0.08 during the last trading session, reaching $61.05. About 2.89 million shares traded. The Progressive Corporation (NYSE:PGR) has risen 52.71% since April 23, 2017 and is uptrending. It has outperformed by 41.16% the S&P500.

Alcoa Corporation (NYSE:AA) had a decrease of 5.81% in short interest. AA’s SI was 6.86M shares in April as released by FINRA. Its down 5.81% from 7.28 million shares previously. With 3.03M avg volume, 2 days are for Alcoa Corporation (NYSE:AA)’s short sellers to cover AA’s short positions. The stock decreased 0.37% or $0.22 during the last trading session, reaching $60.01. About 7.64 million shares traded or 84.02% up from the average. Alcoa Corporation (NYSE:AA) has risen 38.28% since April 23, 2017 and is uptrending. It has outperformed by 26.73% the S&P500.

Since February 8, 2018, it had 1 buy, and 0 insider sales for $999,557 activity. Another trade for 40,300 shares valued at $999,557 was made by Hess David P on Thursday, February 8.

Among 26 analysts covering Alcoa Inc. (NYSE:AA), 18 have Buy rating, 0 Sell and 8 Hold. Therefore 69% are positive. Alcoa Inc. had 88 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Thursday, October 13 by Cowen & Co. The rating was upgraded by Citigroup to “Buy” on Wednesday, January 25. BMO Capital Markets maintained the stock with “Buy” rating in Wednesday, January 17 report. On Wednesday, January 17 the stock rating was maintained by Cowen & Co with “Hold”. The rating was upgraded by JP Morgan on Thursday, February 2 to “Overweight”. The stock of Alcoa Corporation (NYSE:AA) earned “Sector Perform” rating by RBC Capital Markets on Friday, October 9. Bank of America maintained the shares of AA in report on Thursday, January 18 with “Buy” rating. The stock of Alcoa Corporation (NYSE:AA) earned “Outperform” rating by BMO Capital Markets on Wednesday, September 13. The firm has “Hold” rating by Gabelli given on Wednesday, October 4. Gabelli initiated the stock with “Buy” rating in Tuesday, November 1 report.

Alcoa Corporation produces and sells bauxite, alumina, and aluminum products. The company has market cap of $11.17 billion. It operates through six divisions, Bauxite, Alumina, Aluminum, Cast Products, Energy, and Rolled Products. It has a 51.73 P/E ratio. The firm also offers aluminum cast products; and aluminum sheets for the production of cans for beverage, food, and pet food.

Investors sentiment decreased to 0.67 in Q4 2017. Its down 0.83, from 1.5 in 2017Q3. It is negative, as 1 investors sold Alcoa Corporation shares while 2 reduced holdings. 2 funds opened positions while 0 raised stakes. 644,941 shares or 68.89% more from 381,871 shares in 2017Q3 were reported. Vantage Investment Ltd has 0% invested in Alcoa Corporation (NYSE:AA). Cibc Mkts Corporation accumulated 0.12% or 300,000 shares. Moreover, Gemmer Asset Mgmt Limited has 0% invested in Alcoa Corporation (NYSE:AA). Focused Wealth Management holds 29 shares or 0% of its portfolio. Carmignac Gestion stated it has 340,000 shares. Cypress Capital Mgmt Limited Liability Company (Wy) invested in 660 shares. Greenwich Wealth Llc invested in 0.03% or 3,863 shares.

Investors sentiment increased to 1.17 in 2017 Q4. Its up 0.10, from 1.07 in 2017Q3. It increased, 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. Lazard Asset Ltd Liability Corp owns 0.01% invested in The Progressive Corporation (NYSE:PGR) for 88,479 shares. Eqis Cap reported 9,629 shares. X Mgmt Company Ltd Llc reported 0.02% stake. Greenleaf stated it has 1,057 shares. Livforsakringsbolaget Skandia Omsesidigt accumulated 8,828 shares or 0.05% of the stock. Inverness Counsel Limited Liability Corp owns 675,733 shares for 2.39% of their portfolio. Mcf Advsrs Ltd Liability Corporation reported 0.01% in The Progressive Corporation (NYSE:PGR). Capital One National Association holds 0.06% of its portfolio in The Progressive Corporation (NYSE:PGR) for 15,153 shares. 84,351 were reported by Nomura Asset Limited. M&T National Bank & Trust Corporation has 103,266 shares. Oz Mngmt LP invested 0.75% in The Progressive Corporation (NYSE:PGR). Dimensional Fund Advsrs LP has invested 0.05% in The Progressive Corporation (NYSE:PGR). Clearbridge Limited Liability has 2.91 million shares. Tocqueville Asset Ltd Partnership owns 291,562 shares for 0.19% of their portfolio. Dnb Asset As holds 0.11% or 165,125 shares in its portfolio.

The Progressive Corporation (NYSE:PGR) Institutional Positions Chart

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