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Graco (GGG) Holder Bremer Trust National Association Lifted Position; Mcdonald Capital Investors Stake in Progressive Ohio (PGR) Trimmed by $7.37 Million as Shares Rose

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Bremer Trust National Association increased its stake in Graco Inc (GGG) by 185.55% based on its latest 2017Q4 regulatory filing with the SEC. Bremer Trust National Association bought 42,388 shares as the company’s stock declined 0.59% with the market. The institutional investor held 65,232 shares of the fluid controls company at the end of 2017Q4, valued at $2.95 million, up from 22,844 at the end of the previous reported quarter. Bremer Trust National Association who had been investing in Graco Inc for a number of months, seems to be bullish on the $7.81B market cap company. The stock decreased 0.13% or $0.06 during the last trading session, reaching $46.62. About 231,675 shares traded. Graco Inc. (NYSE:GGG) has risen 44.03% since May 23, 2017 and is uptrending. It has outperformed by 32.48% the S&P500.

Mcdonald Capital Investors Inc decreased its stake in Progressive Corp Ohio (PGR) by 3.65% based on its latest 2017Q4 regulatory filing with the SEC. Mcdonald Capital Investors Inc sold 131,643 shares as the company’s stock rose 7.49% while stock markets declined. The hedge fund held 3.47M shares of the property-casualty insurers company at the end of 2017Q4, valued at $195.50M, down from 3.60 million at the end of the previous reported quarter. Mcdonald Capital Investors Inc who had been investing in Progressive Corp Ohio for a number of months, seems to be less bullish one the $36.24B market cap company. The stock increased 0.39% or $0.24 during the last trading session, reaching $62.23. About 1.82 million shares traded. The Progressive Corporation (NYSE:PGR) has risen 52.71% since May 23, 2017 and is uptrending. It has outperformed by 41.16% the S&P500.

Since April 25, 2018, it had 0 buys, and 4 sales for $2.28 million activity. On Friday, May 18 the insider Sauerland John P sold $726,240. $121,236 worth of stock was sold by Broz Steven on Wednesday, April 25. Griffith Susan Patricia also sold $762,804 worth of The Progressive Corporation (NYSE:PGR) on Friday, May 18.

Investors sentiment increased to 1.17 in Q4 2017. Its up 0.10, from 1.07 in 2017Q3. It is positive, 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. Metropolitan Life Insurance Com New York has 114,978 shares. Transamerica Finance Advsrs stated it has 191,406 shares. Manufacturers Life Insur The invested in 0.04% or 663,186 shares. Jacobs Levy Equity Mgmt reported 438,705 shares or 0.43% of all its holdings. Wilbanks Smith & Thomas Asset Mgmt Llc has invested 0.03% in The Progressive Corporation (NYSE:PGR). First Personal Svcs holds 0.02% or 2,202 shares in its portfolio. Alps Advisors Inc reported 13,625 shares. Hightower Limited Liability Company holds 0% or 7,391 shares. Victory Capital Management invested in 0.23% or 1.91M shares. California State Teachers Retirement Systems invested in 0.11% or 973,006 shares. Commerzbank Aktiengesellschaft Fi accumulated 0.02% or 31,936 shares. Nicholas Inv Prtnrs LP has invested 0.78% in The Progressive Corporation (NYSE:PGR). Gotham Asset Ltd Llc invested in 0.03% or 38,906 shares. Macquarie Group Incorporated Ltd holds 51,800 shares. Massachusetts-based Rampart Invest Mgmt Limited has invested 0.17% in The Progressive Corporation (NYSE:PGR).

Among 21 analysts covering Progressive (NYSE:PGR), 8 have Buy rating, 3 Sell and 10 Hold. Therefore 38% are positive. Progressive had 69 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, September 16, the company rating was upgraded by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Tuesday, June 20. The firm earned “Neutral” rating on Tuesday, December 1 by Citigroup. Morgan Stanley upgraded the shares of PGR in report on Thursday, January 5 to “Equal-Weight” rating. The firm has “Buy” rating by Keefe Bruyette & Woods given on Wednesday, November 15. As per Tuesday, July 18, the company rating was maintained by FBR Capital. The stock of The Progressive Corporation (NYSE:PGR) has “Mkt Perform” rating given on Wednesday, May 10 by FBR Capital. The firm has “Underperform” rating by Credit Suisse given on Monday, September 18. The rating was maintained by Keefe Bruyette & Woods on Tuesday, April 17 with “Buy”. The stock of The Progressive Corporation (NYSE:PGR) earned “Buy” rating by Bank of America on Monday, March 20.

Analysts await The Progressive Corporation (NYSE:PGR) to report earnings on July, 17. They expect $0.84 earnings per share, up 42.37% or $0.25 from last year’s $0.59 per share. PGR’s profit will be $489.19 million for 18.52 P/E if the $0.84 EPS becomes a reality. After $1.22 actual earnings per share reported by The Progressive Corporation for the previous quarter, Wall Street now forecasts -31.15% negative EPS growth.

Another recent and important The Progressive Corporation (NYSE:PGR) news was published by Seekingalpha.com which published an article titled: “Progressive’s Dashboard Report – April 2018 Update” on May 17, 2018.

Since December 13, 2017, it had 0 buys, and 9 sales for $23.05 million activity. Etchart Eric also sold $657,476 worth of Graco Inc. (NYSE:GGG) shares. $10.01 million worth of Graco Inc. (NYSE:GGG) was sold by MCHALE PATRICK J on Monday, May 7. On Tuesday, January 23 GALLIVAN KAREN PARK sold $1.31 million worth of Graco Inc. (NYSE:GGG) or 27,000 shares. Another trade for 90,000 shares valued at $4.24M was sold by Johnson Jeffrey P.. 15,000 shares were sold by VAN SANT R WILLIAM, worth $684,693 on Thursday, May 10. CARROLL WILLIAM J had sold 26,625 shares worth $1.24M on Monday, March 12.

Investors sentiment increased to 9.88 in 2017 Q4. Its up 8.92, from 0.96 in 2017Q3. It improved, as 25 investors sold GGG shares while 7 reduced holdings. 59 funds opened positions while 257 raised stakes. 278.85 million shares or 493.55% more from 46.98 million shares in 2017Q3 were reported. Century has 832,128 shares for 0.04% of their portfolio. Franklin Res Inc accumulated 0% or 31,038 shares. Dimensional Fund Advsr Ltd Partnership holds 0.02% of its portfolio in Graco Inc. (NYSE:GGG) for 1.01 million shares. At Natl Bank reported 0.16% in Graco Inc. (NYSE:GGG). Swiss National Bank & Trust, a Switzerland-based fund reported 285,900 shares. Tiaa Cref Ltd Liability Corp holds 0.02% or 596,889 shares in its portfolio. State Board Of Administration Of Florida Retirement invested in 224,820 shares or 0.03% of the stock. Bb&T Corp owns 6,969 shares. Winfield Assoc holds 0% in Graco Inc. (NYSE:GGG) or 30 shares. Hl Ser Limited Company reported 18,341 shares or 0.02% of all its holdings. Quantum Cap Limited Liability Nj invested in 2.92% or 216,786 shares. Moreover, Bbva Compass Comml Bank has 0.13% invested in Graco Inc. (NYSE:GGG). Cambridge Investment Research Advsr has invested 0.01% in Graco Inc. (NYSE:GGG). Fdx has invested 0.02% of its portfolio in Graco Inc. (NYSE:GGG). Retail Bank Of America De owns 577,228 shares for 0% of their portfolio.

More news for Graco Inc. (NYSE:GGG) were recently published by: Seekingalpha.com, which released: “Graco (GGG) Q1 2018 Results – Earnings Call Transcript” on April 26, 2018. Seekingalpha.com‘s article titled: “Graco Inc. 2018 Q1 – Results – Earnings Call Slides” and published on April 26, 2018 is yet another important article.

The Progressive Corporation (NYSE:PGR) Institutional Positions Chart

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