General American Investors Company Increased Its Holding in Ebay (EBAY) by $785,400 as Market Valuation Declined; As Progressive Ohio (PGR) Market Valuation Declined, Zwj Investment Counsel Raised Holding

The Progressive Corporation (NYSE:PGR) Logo

Zwj Investment Counsel Inc increased its stake in Progressive Corp Ohio (PGR) by 1.92% based on its latest 2018Q3 regulatory filing with the SEC. Zwj Investment Counsel Inc bought 6,980 shares as the company’s stock declined 6.11% with the market. The institutional investor held 371,432 shares of the property-casualty insurers company at the end of 2018Q3, valued at $26.39M, up from 364,452 at the end of the previous reported quarter. Zwj Investment Counsel Inc who had been investing in Progressive Corp Ohio for a number of months, seems to be bullish on the $39.87 billion market cap company. The stock increased 0.95% or $0.64 during the last trading session, reaching $68.36. About 2.56M shares traded. The Progressive Corporation (NYSE:PGR) has risen 16.75% since February 10, 2018 and is uptrending. It has outperformed by 16.75% the S&P500. Some Historical PGR News: 17/04/2018 – Progressive 1Q Net Premiums Earned $7.17B, Up 19%; 14/05/2018 – PROGRESSIVE ELECTS LAWTON W. FITT AS CHAIRPERSON; 17/04/2018 – PROGRESSIVE MARCH NET PREMIUMS EARNED $2.28B :PGR US; 17/04/2018 – PROGRESSIVE CORP – NET PREMIUMS EARNED IN MARCH 2018 $2,279.7 MLN VS $1,892.8 MLN IN MARCH 2017; 14/03/2018 – Progressive February Net Premiums Earned $2.2; 17/04/2018 – PROGRESSIVE 1Q NET PREMIUMS WRITTEN $7.97B; 25/04/2018 – REG-Progressive Announces Investor Relations Conference Call; 17/04/2018 – REG-PROGRESSIVE REPORTS MARCH 2018 RESULTS; 19/04/2018 – DJ Progressive Corporation, Inst Holders, 1Q 2018 (PGR); 09/03/2018 – GUIDANCE: Progressive Corp $Benchmark 30Y +100#

General American Investors Company Inc increased its stake in Ebay Inc. (EBAY) by 3.87% based on its latest 2018Q3 regulatory filing with the SEC. General American Investors Company Inc bought 23,800 shares as the company’s stock declined 14.03% with the market. The institutional investor held 638,800 shares of the business services company at the end of 2018Q3, valued at $21.09M, up from 615,000 at the end of the previous reported quarter. General American Investors Company Inc who had been investing in Ebay Inc. for a number of months, seems to be bullish on the $32.26B market cap company. The stock increased 0.03% or $0.01 during the last trading session, reaching $35.26. About 10.23 million shares traded. eBay Inc. (NASDAQ:EBAY) has declined 21.36% since February 10, 2018 and is downtrending. It has underperformed by 21.36% the S&P500. Some Historical EBAY News: 15/05/2018 – MILLENNIUM BOOSTED BSX, EBAY, PXD, AEE, KSS IN 1Q: 13F; 06/04/2018 – MEDIA-UK to agree deal with eBay and Amazon over tax evasion- FT; 05/04/2018 – Sukhinder Singh Cassidy Named President of StubHub; 20/04/2018 – Square, eBay, and the Future of Money — Barrons.com; 17/05/2018 – EBay Launches New Way to Shop; 23/04/2018 – EBAY-PAYPAL FINALIZE NEW PAYMENTS PACT; 13/04/2018 – Recode: Walmart is in advanced talks to acquire Amazon’s India rival Flipkart – but it may have to strike a deal with eBay; 01/05/2018 – OfferUp went head to head with Craigslist to build a following. Now it’s going after eBay to build a business. A new shipping feature is meant to give more options to buyers and attract new kinds of professional sellers; 05/04/2018 – EBay: Edward Barnholt Won’t Stand for Re-Election to Board; 25/04/2018 – eBay 1Q Rev $2.58B

Among 21 analysts covering Progressive (NYSE:PGR), 12 have Buy rating, 1 Sell and 8 Hold. Therefore 57% are positive. Progressive had 84 analyst reports since August 6, 2015 according to SRatingsIntel. As per Monday, April 16, the company rating was maintained by FBR Capital. FBR Capital maintained it with “Neutral” rating and $68 target in Tuesday, August 7 report. The rating was maintained by M Partners on Thursday, January 25 with “Buy”. The rating was upgraded by Morgan Stanley on Thursday, January 5 to “Equal-Weight”. The rating was maintained by Barclays Capital with “Underweight” on Monday, October 16. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Monday, December 4. The firm has “Neutral” rating by Citigroup given on Friday, September 14. Morgan Stanley maintained it with “Equal-Weight” rating and $64 target in Wednesday, April 18 report. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Monday, September 18 report. The stock of The Progressive Corporation (NYSE:PGR) earned “Underweight” rating by Barclays Capital on Monday, November 12.

Since August 16, 2018, it had 0 insider buys, and 9 sales for $14.42 million activity. On Monday, August 20 CODY WILLIAM M sold $3.35 million worth of The Progressive Corporation (NYSE:PGR) or 50,000 shares. $3.40M worth of The Progressive Corporation (NYSE:PGR) shares were sold by Barbagallo John A. The insider Sauerland John P sold $771,000. On Wednesday, January 30 Charney M Jeffrey sold $1.20 million worth of The Progressive Corporation (NYSE:PGR) or 18,000 shares.

More notable recent The Progressive Corporation (NYSE:PGR) news were published by: Benzinga.com which released: “Earnings Scheduled For January 23, 2019 – Benzinga” on January 23, 2019, also Seekingalpha.com with their article: “Progressive declares $2.5140 dividend – Seeking Alpha” published on January 23, 2019, Benzinga.com published: “35 Stocks Moving In Friday’s Pre-Market Session – Benzinga” on February 01, 2019. More interesting news about The Progressive Corporation (NYSE:PGR) were released by: Finance.Yahoo.com and their article: “7 Fundamentally Sound Dividend Stocks to Buy – Yahoo Finance” published on February 08, 2019 as well as Seekingalpha.com‘s news article titled: “Progressive Q4 2018 Earnings Preview – Seeking Alpha” with publication date: January 22, 2019.

Investors sentiment decreased to 1.07 in Q3 2018. Its down 0.32, from 1.39 in 2018Q2. It fall, as 39 investors sold PGR shares while 217 reduced holdings. 81 funds opened positions while 193 raised stakes. 447.91 million shares or 0.37% less from 449.60 million shares in 2018Q2 were reported. Commercial Bank Of Hawaii holds 0.1% or 18,560 shares in its portfolio. Pineno Levin And Ford Asset Mgmt Inc, a Virginia-based fund reported 74,480 shares. Los Angeles Capital Mgmt & Equity reported 0.49% stake. Bancorp Of Montreal Can reported 2.42 million shares stake. 112,991 were accumulated by Marietta Investment Prns Llc. Chesley Taft Assocs Ltd Liability Corp holds 0.02% or 3,120 shares in its portfolio. Sei Invs reported 0.4% in The Progressive Corporation (NYSE:PGR). Great Lakes Advsrs Ltd Liability has 0.02% invested in The Progressive Corporation (NYSE:PGR) for 16,141 shares. Enterprise Fin Ser reported 159 shares. First Personal Ser, North Carolina-based fund reported 2,408 shares. Pictet Asset reported 0.05% of its portfolio in The Progressive Corporation (NYSE:PGR). Whittier Co Of Nevada invested in 0% or 500 shares. Greystone Managed Investments has 161,029 shares. Timessquare Capital Mgmt Limited Liability Company invested in 3.80M shares. First Republic Investment invested in 0.01% or 28,646 shares.

Zwj Investment Counsel Inc, which manages about $1.35B and $1.23 billion US Long portfolio, decreased its stake in Dollar Gen Corp New (NYSE:DG) by 4,608 shares to 267,767 shares, valued at $29.27 million in 2018Q3, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 2,247 shares in the quarter, leaving it with 106,516 shares, and cut its stake in Lyondellbasell Industries N (NYSE:LYB).

More notable recent eBay Inc. (NASDAQ:EBAY) news were published by: Nasdaq.com which released: “Notable Tuesday Option Activity: EBAY, STX, COF – Nasdaq” on January 22, 2019, also Nasdaq.com with their article: “China’s Weak Economic Data and News from EBay, IBM, Halliburton, & More – Nasdaq” published on January 22, 2019, Seekingalpha.com published: “Online holiday sales up 17% in 2018 – Seeking Alpha” on January 15, 2019. More interesting news about eBay Inc. (NASDAQ:EBAY) were released by: Nasdaq.com and their article: “EBay Will Finally Start Paying a Dividend. It Only Took 24 Years – Nasdaq” published on January 30, 2019 as well as Seekingalpha.com‘s news article titled: “eBay: Going Once, Twice, Sold At A Fair Price – Seeking Alpha” with publication date: February 08, 2019.

Since August 29, 2018, it had 1 buy, and 5 insider sales for $3.06 million activity. Shares for $522,528 were sold by Park Joo Man. $1.04M worth of eBay Inc. (NASDAQ:EBAY) was sold by OMIDYAR PIERRE M on Tuesday, November 20. SWAN ROBERT HOLMES bought $501,766 worth of eBay Inc. (NASDAQ:EBAY) on Wednesday, January 2. Doerger Brian J. sold $99,473 worth of stock or 3,526 shares.

Investors sentiment increased to 1.05 in 2018 Q3. Its up 0.12, from 0.93 in 2018Q2. It is positive, as 51 investors sold EBAY shares while 255 reduced holdings. 92 funds opened positions while 230 raised stakes. 772.11 million shares or 4.76% less from 810.72 million shares in 2018Q2 were reported. Zeke Cap Limited Liability has 0.03% invested in eBay Inc. (NASDAQ:EBAY). Everence Management reported 20,473 shares stake. Lindsell Train Ltd reported 7.84 million shares. Rmsincerbeaux Cap Mngmt Ltd holds 1.51% in eBay Inc. (NASDAQ:EBAY) or 56,400 shares. The New York-based Fred Alger Mgmt Incorporated has invested 0% in eBay Inc. (NASDAQ:EBAY). 333,387 are owned by Cibc Markets Corp. Private Advisor Grp Limited Liability Co owns 32,443 shares for 0.02% of their portfolio. Neuberger Berman Group Limited Liability invested 0.28% in eBay Inc. (NASDAQ:EBAY). Motley Fool Asset Mgmt Limited Liability Corp holds 0.05% or 13,232 shares. 116,645 are owned by Mrj. Thrivent For Lutherans owns 0% invested in eBay Inc. (NASDAQ:EBAY) for 39,691 shares. Freestone Cap Liability Com reported 2,720 shares. Evanston Invests Dba Evanston Advsrs, a Illinois-based fund reported 237,811 shares. Shelton has invested 0.18% in eBay Inc. (NASDAQ:EBAY). Lowe Brockenbrough And Incorporated has invested 0.68% in eBay Inc. (NASDAQ:EBAY).

Among 46 analysts covering eBay Inc (NASDAQ:EBAY), 24 have Buy rating, 2 Sell and 20 Hold. Therefore 52% are positive. eBay Inc had 199 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of eBay Inc. (NASDAQ:EBAY) has “Buy” rating given on Friday, January 12 by SunTrust. The rating was maintained by RBC Capital Markets on Tuesday, July 18 with “Hold”. As per Friday, October 21, the company rating was upgraded by Hilliard Lyons. The stock of eBay Inc. (NASDAQ:EBAY) earned “Hold” rating by Vetr on Friday, August 21. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, July 17. Jyske Bank downgraded the stock to “Strong Buy” rating in Friday, March 18 report. The firm has “Buy” rating by UBS given on Friday, July 21. The firm has “Hold” rating given on Thursday, July 21 by Cantor Fitzgerald. Jefferies maintained it with “Hold” rating and $4600 target in Thursday, April 26 report. Robert W. Baird maintained it with “Buy” rating and $52.0 target in Thursday, February 1 report.

The Progressive Corporation (NYSE:PGR) Institutional Positions Chart