Following the completion of the transaction, the insider now owns 137,722 shares of the company's stock, valued at $7,726,204.20. The company has a market cap of $32.6 Billion. The stock decreased 0.48% or $0.17 during the last trading session, reaching $35.45. About 188,894 shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 15.94% since January 20, 2017 and is uptrending. It has underperformed by 62.73% the S&P500.
VANGUARD GROUP INC raised its stake in The Progressive Corporation (NYSE:PGR) by 2.14% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 447.86 million shares or 0.41% less from 449.71 million shares in 2017Q2 were reported. The hedge fund held 68,120 shares of the property-casualty insurers company at the end of 2017Q3, valued at $3.30M, up from 40,120 at the end of the previous reported quarter. The company has a market capitalization of $33,319.86, a PE ratio of 24.03, a PEG ratio of 2.39 and a beta of 0.94.
Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock. About 425,494 shares traded. It has outperformed by 9.53% the S&P500.More news: EPS Forecast Revision Scan: Schlumberger Limited (SLB)
Since August 17, 2017, it had 0 insider buys, and 5 selling transactions for $4.92 million activity. Cooke Bieler LP invested in 1.81% or 2.01 million shares. BASCH JEFFREY W sold $434,070 worth of stock.
Analysts expect The Progressive Corporation (NYSE:PGR) to report $0.74 EPS on January, 24.They anticipate $0.12 EPS change or 19.35% from last quarter's $0.62 EPS. Likewise, the upbeat performance for the last quarter was 18.00% and for the full year it was 57.61%. PGR's profit will be $430.38 million for 19.44 P/E if the $0.74 EPS becomes a reality. After $1.85 actual earnings per share reported by NextEra Energy, Inc. for the previous quarter, Wall Street now forecasts -28.11% negative EPS growth. Wells Fargo & Co set a $55.00 target price on shares of Progressive and gave the stock a "hold" rating in a report on Wednesday, December 13th. Therefore 44% are positive.
Several other equities research analysts also recently commented on the stock. The firm has "Buy" rating given on Tuesday, September 19 by UBS. ValuEngine lowered Progressive from a "buy" rating to a "hold" rating in a research report on Tuesday, October 3rd. The rating was maintained by Citigroup on Wednesday, October 18 with "Neutral". The firm has "Sell" rating given on Thursday, March 17 by Goldman Sachs. As per Tuesday, March 21, the company rating was upgraded by Sandler O'Neill. Wells Fargo maintained The Progressive Corporation (NYSE:PGR) rating on Tuesday, July 18. The company now has a consensus rating of "Hold" and a consensus price target of $50.41.More news: Instagram Lets Users Spy on Friends
Investors sentiment decreased to 1.07 in 2017 Q3. (PGR) is -0.09 percent while its Performance (Week) is 1.02 percent and Performance (month) is at 0.73 percent. Td Asset stated it has 796,988 shares or 0.06% of all its holdings. 63 funds opened positions while 185 raised stakes. Price T Rowe Md accumulated 23.62 million shares. Lpl Fin Ltd, a California-based fund reported 49,839 shares. Vident Investment Advisory Limited Liability Corporation invested 0.19% in The Progressive Corporation (NYSE:PGR). Hutchin Hill Lp accumulated 241,250 shares. Fil Limited stated it has 0.05% in The Progressive Corporation (NYSE:PGR). Princeton Portfolio Strategies Grp Limited Liability Corp reported 30,397 shares. Fukoku Mutual Life Com has 6,500 shares. Sumitomo Mitsui Trust owns 324,069 shares for 0.02% of their portfolio. 14,784 are held by Burney. Barrington Strategic Wealth Management Group Llc who had been investing in Nextera Energy Inc for a number of months, seems to be less bullish one the $70.64B market cap company. It also reduced its holding in Micron Technology Inc (Prn) by 5.20 million shares in the quarter, leaving it with 900,000 shares, and cut its stake in Procter And Gamble Co (NYSE:PG).
Investors sentiment increased to 1.14 in Q3 2017. Its up 0.15, from 0.79 in 2017Q2. It fall, as 20 investors sold GLOB shares while 27 reduced holdings. Sei Investments holds 5,141 shares or 0% of its portfolio. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.36. Northern Corp owns 82,583 shares for 0% of their portfolio. Cwm Ltd Co owns 120,588 shares or 0.23% of their United States portfolio. Moreover, Driehaus Mgmt Lc has 0.13% invested in Globant S.A. (NYSE:GLOB). (NYSE:NEE). Moreover, Kentucky Retirement Sys has 0.32% invested in NextEra Energy, Inc. Stevens First Principles Inv Advisors reported 2.55% of its portfolio in NextEra Energy, Inc. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, six have given a buy rating and three have issued a strong buy rating to the company. Therefore 87% are positive.
PGR has been the subject of a number of analyst reports. Citigroup downgraded the shares of PGR in report on Thursday, June 2 to "Sell" rating. (NYSE:NEE) rating on Monday, October 5. The stock has "Underperform" rating by Credit Suisse on Monday, September 18.More news: Greitens attorney: 'Zero' chance governor will resign
The SMA20 for the stock is at 0.86 percent, SMA50 stands at 4.84 percent, while SMA200 is 19.7 Percent, according to Finviz reported data. The rating was initiated by Cantor Fitzgerald on Friday, October 16 with "Hold". Barclays Capital has "Underweight" rating and $41 target. The rating was upgraded by Pacific Crest to "Overweight" on Thursday, January 12.