Bank of Nova Scotia Reduces Stock Holdings in Progressive Corp (NYSE:PGR) – TechNewsObserver
Other hedge funds and other institutional investors also recently bought and sold shares of the company. MUFG Securities EMEA plc now owns 1,520,000 shares of the insurance provider’s stock valued at $121,494,000 after purchasing an additional 1,156,268 shares during the period. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The Progressive Corporation, through its subsidiaries, provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services primarily in the United States.