Frigate Ventures Lp increased its stake in Argan Inc (AGX) by 12.59% based on its latest 2019Q2 regulatory filing with the SEC. Frigate Ventures Lp bought 11,794 shares as the company’s stock declined 14.47% . The institutional investor held 105,488 shares of the basic industries company at the end of 2019Q2, valued at $4.28 million, up from 93,694 at the end of the previous reported quarter. Frigate Ventures Lp who had been investing in Argan Inc for a number of months, seems to be bullish on the $706.59 million market cap company. The stock increased 3.36% or $1.42 during the last trading session, reaching $43.73. About 112,243 shares traded. Argan, Inc. (NYSE:AGX) has risen 7.02% since September 12, 2018 and is uptrending. It has outperformed by 7.02% the S&P500. Some Historical AGX News: 11/04/2018 – Argan Declares Dividend of 25c; 03/04/2018 – ARGAN SA ARGAN.PA – CONFIRMS TARGET OF EUR 83 MLN RENTAL REVENUE IN 2018; 11/04/2018 – Argan 4Q Rev $169.6M; 22/04/2018 – DJ Argan Inc, Inst Holders, 1Q 2018 (AGX); 24/05/2018 – Gemma Power Systems, LLC Completes 475 MW Power Project in Ohio; 29/05/2018 – ARGAN SA ARGAN.PA SAYS CASINO CHOOSES ARGAN TO DEVELOP ITS NEW E-COMMERCE WAREHOUSE IN FLEURY-MEROGIS; 12/04/2018 – Argan Closes Below 50-Day Moving Average: Technicals; 11/04/2018 – ARGAN INC – PROJECT BACKLOG WAS $379 MLN AS OF JANUARY 31, 2018, DOWN FROM $1.0 BLN AT END OF PRIOR YEAR; 28/03/2018 – Argan Closes Above 50-Day Moving Average: Technicals; 27/03/2018 Gemma Power Systems finalizes EPC Contract for a 475 MW Power Project in North Carolina
Inverness Counsel Llc decreased its stake in Progressive Corp (PGR) by 24.81% based on its latest 2019Q2 regulatory filing with the SEC. Inverness Counsel Llc sold 176,998 shares as the company’s stock rose 5.29% . The institutional investor held 536,299 shares of the property-casualty insurers company at the end of 2019Q2, valued at $42.87M, down from 713,297 at the end of the previous reported quarter. Inverness Counsel Llc who had been investing in Progressive Corp for a number of months, seems to be less bullish one the $44.60 billion market cap company. The stock increased 0.20% or $0.15 during the last trading session, reaching $76.28. About 1.51 million shares traded. The Progressive Corporation (NYSE:PGR) has risen 36.28% since September 12, 2018 and is uptrending. It has outperformed by 36.28% the S&P500. Some Historical PGR News: 09/03/2018 – Moody’s rates Progressive’s senior notes A2; assigns shelf ratings; outlook stable; 16/05/2018 – Progressive April Net Premiums Written $3.2B; 17/04/2018 – PROGRESSIVE CORP- QTRLY NET PREMIUMS WRITTEN WERE $7,968.8 MLN VS $6,491.0 MLN; 14/03/2018 – PROGRESSIVE FEB. EPS 22C :PGR US; 16/04/2018 – Progressive Corp expected to post earnings of $1.19 a share – Earnings Preview; 17/05/2018 – PROGRESSIVE CORP PGR.N : KBW CUTS TO MARKET PERFORM FROM OUTPERFORM; 14/03/2018 – Progressive February Net Premiums Earned $2.2; 14/03/2018 – PROGRESSIVE FEB. NET PREMIUMS WRITTEN $2.70B :PGR US; 17/04/2018 – REG-PROGRESSIVE REPORTS MARCH 2018 RESULTS; 17/04/2018 – PROGRESSIVE MARCH NET PREMIUMS EARNED $2.28B :PGR US
Inverness Counsel Llc, which manages about $2.49 billion and $1.96 billion US Long portfolio, upped its stake in Spon Adr by 5,044 shares to 412,203 shares, valued at $27.10 million in 2019Q2, according to the filing. It also increased its holding in Celanese Corp (NYSE:CE) by 8,296 shares in the quarter, for a total of 336,768 shares, and has risen its stake in Walt Disney Co (NYSE:DIS).
More notable recent The Progressive Corporation (NYSE:PGR) news were published by: Finance.Yahoo.com which released: “How Many The Progressive Corporation (NYSE:PGR) Shares Have Insiders Sold, In The Last Year? – Yahoo Finance” on June 05, 2019, also Finance.Yahoo.com with their article: “Does The Progressive Corporation’s (NYSE:PGR) CEO Pay Compare Well With Peers? – Yahoo Finance” published on July 22, 2019, Seekingalpha.com published: “Progressive July NPW rises 12% Y/Y – Seeking Alpha” on August 14, 2019. More interesting news about The Progressive Corporation (NYSE:PGR) were released by: Finance.Yahoo.com and their article: “Can The Progressive Corporation’s (NYSE:PGR) ROE Continue To Surpass The Industry Average? – Yahoo Finance” published on August 27, 2019 as well as Prnewswire.com‘s news article titled: “Progressive Drafts Baker Mayfield – PRNewswire” with publication date: August 28, 2019.
Analysts await The Progressive Corporation (NYSE:PGR) to report earnings on October, 15. They expect $1.30 EPS, down 17.20% or $0.27 from last year’s $1.57 per share. PGR’s profit will be $760.04 million for 14.67 P/E if the $1.30 EPS becomes a reality. After $1.66 actual EPS reported by The Progressive Corporation for the previous quarter, Wall Street now forecasts -21.69% negative EPS growth.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.