Progressive (PGR) Buy Rating Reaffirmed at KBW; With $62.0 Target; Select Equity Group LP Lowered Mettler Toledo International (MTD) Holding By $81.82 Billion

February 15, 2018 - By Hazel Jackson

Among 19 analysts covering Progressive (NYSE:PGR), 9 have Buy rating, 2 Sell and 8 Hold. Therefore 47% are positive. Progressive has $65 highest and $25 lowest target. $47.13’s average target is -16.69% below currents $56.57 stock price. Progressive had 56 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of The Progressive Corporation (NYSE:PGR) has “Mkt Perform” rating given on Friday, September 16 by Keefe Bruyette & Woods. The stock of The Progressive Corporation (NYSE:PGR) earned “Market Perform” rating by Bernstein on Tuesday, January 19. As per Thursday, July 13, the company rating was upgraded by Raymond James. The firm has “Buy” rating given on Sunday, July 23 by Keefe Bruyette & Woods. The stock of The Progressive Corporation (NYSE:PGR) has “Sell” rating given on Monday, November 16 by Goldman Sachs. The rating was maintained by Citigroup on Thursday, July 13 with “Neutral”. Keefe Bruyette & Woods maintained The Progressive Corporation (NYSE:PGR) on Wednesday, November 15 with “Buy” rating. Wells Fargo maintained the stock with “Hold” rating in Wednesday, April 19 report. As per Tuesday, January 10, the company rating was upgraded by Goldman Sachs. UBS maintained it with “Buy” rating and $64 target in Thursday, January 25 report.

Select Equity Group Lp decreased Mettler Toledo International (MTD) stake by 27.06% reported in 2017Q3 SEC filing. Select Equity Group Lp sold 130,666 shares as Mettler Toledo International (MTD)’s stock rose 19.62%. The Select Equity Group Lp holds 352,222 shares with $220.55 billion value, down from 482,888 last quarter. Mettler Toledo International now has $15.90 billion valuation. The stock decreased 0.11% or $0.67 during the last trading session, reaching $624. About 33,365 shares traded. Mettler-Toledo International Inc. (NYSE:MTD) has risen 55.25% since February 15, 2017 and is uptrending. It has outperformed by 38.55% the S&P500.

Since August 14, 2017, it had 0 buys, and 8 insider sales for $9.97 million activity. 838 Mettler-Toledo International Inc. (NYSE:MTD) shares with value of $507,535 were sold by Kirk Simon. 2,203 shares were sold by Rauch Waldemar, worth $1.31M on Monday, August 28. Another trade for 500 shares valued at $292,500 was sold by Chu Wah-Hui. 5,000 shares were sold by SPOERRY ROBERT F, worth $2.95M. $543,790 worth of Mettler-Toledo International Inc. (NYSE:MTD) shares were sold by SALICE THOMAS P. Caratsch Thomas also sold $882,000 worth of Mettler-Toledo International Inc. (NYSE:MTD) shares. Magloth Christian sold $442,500 worth of stock.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.07, from 0.91 in 2017Q2. It dropped, as 31 investors sold MTD shares while 172 reduced holdings. 47 funds opened positions while 124 raised stakes. 22.26 million shares or 5.12% less from 23.46 million shares in 2017Q2 were reported. Federated Investors Pa stated it has 33,262 shares. Oregon Pub Employees Retirement Fund invested in 12,897 shares. Ontario – Canada-based Fincl Bank Of Montreal Can has invested 0.03% in Mettler-Toledo International Inc. (NYSE:MTD). Fifth Third National Bank & Trust reported 0% stake. Fulton Savings Bank Na has 0.02% invested in Mettler-Toledo International Inc. (NYSE:MTD) for 485 shares. 9,206 are held by Us Financial Bank De. Comerica Retail Bank reported 0.03% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD). Retirement System Of Alabama has 12,453 shares. Atria Investments Limited Liability Corporation has invested 0.05% in Mettler-Toledo International Inc. (NYSE:MTD). Schroder Inv Management Group Inc accumulated 13,786 shares or 0.01% of the stock. Credit Suisse Ag has invested 0.09% in Mettler-Toledo International Inc. (NYSE:MTD). Parkside National Bank Trust reported 0% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD). The New York-based Ibm Retirement Fund has invested 0.04% in Mettler-Toledo International Inc. (NYSE:MTD). World Asset holds 0.05% or 2,495 shares. Ohio-based Budros Ruhlin & Roe Inc has invested 0.36% in Mettler-Toledo International Inc. (NYSE:MTD).

Among 11 analysts covering Mettler-toledo International Inc. (NYSE:MTD), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Mettler-toledo International Inc. had 27 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Mettler-Toledo International Inc. (NYSE:MTD) has “Neutral” rating given on Thursday, September 10 by Bank of America. Barclays Capital initiated the shares of MTD in report on Thursday, January 4 with “Hold” rating. On Tuesday, September 26 the stock rating was initiated by Goldman Sachs with “Buy”. As per Friday, November 3, the company rating was maintained by Morgan Stanley. On Friday, October 6 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm has “Equal-Weight” rating given on Friday, February 9 by Morgan Stanley. The company was upgraded on Thursday, July 13 by Wells Fargo. As per Friday, February 9, the company rating was maintained by Robert W. Baird. The rating was maintained by Jefferies on Thursday, August 31 with “Hold”. The company was maintained on Friday, October 20 by Jefferies.

Select Equity Group Lp increased Paychex Inc (NASDAQ:PAYX) stake by 285,950 shares to 8.63 million valued at $517.55B in 2017Q3. It also upped Blackstone Group LP (Call) (NYSE:BX) stake by 1.13 million shares and now owns 5.98 million shares. Packaging Corp Amer (NYSE:PKG) was raised too.

The stock increased 0.48% or $0.27 during the last trading session, reaching $56.57. About 1.11 million shares traded. The Progressive Corporation (NYSE:PGR) has risen 26.23% since February 15, 2017 and is uptrending. It has outperformed by 9.53% the S&P500.

Investors sentiment decreased to 1.07 in Q3 2017. Its down 0.12, from 1.19 in 2017Q2. It fall, as 43 investors sold The Progressive Corporation shares while 189 reduced holdings. 63 funds opened positions while 185 raised stakes. 447.86 million shares or 0.41% less from 449.71 million shares in 2017Q2 were reported. Marble Harbor Invest Counsel Ltd Limited Liability Company has 0.99% invested in The Progressive Corporation (NYSE:PGR) for 100,211 shares. Farmers Trust Communications invested in 0.19% or 11,365 shares. Keybank Association Oh holds 0.03% or 99,965 shares in its portfolio. Pineno Levin And Ford Asset Mgmt Incorporated invested 1.75% of its portfolio in The Progressive Corporation (NYSE:PGR). Aviva Public Limited Co holds 368,908 shares. Parkwood Limited Liability Corp accumulated 4,160 shares or 0.03% of the stock. 243 were reported by Farmers Merchants Invs. Pacad Inv Ltd holds 2,700 shares. Driehaus Management Limited accumulated 7,087 shares. Us Bankshares De holds 0.01% of its portfolio in The Progressive Corporation (NYSE:PGR) for 77,769 shares. Thompson Davis Inc accumulated 0.03% or 389 shares. Norinchukin National Bank & Trust The reported 0.02% stake. Bb&T holds 0.01% in The Progressive Corporation (NYSE:PGR) or 10,587 shares. Rafferty Asset Mngmt Limited Liability Company has 198,369 shares for 0.22% of their portfolio. Fred Alger Inc stated it has 93,995 shares.

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