Cooke & Bieler LP Decreased Progressive (PGR) Stake; Chunghwa Telecom CO LTD. (CHT) SI Increased By 20.79%

April 20, 2018 - By Hazel Jackson

The Progressive Corporation (NYSE:PGR) Logo

Cooke & Bieler Lp decreased Progressive (PGR) stake by 35.85% reported in 2017Q4 SEC filing. Cooke & Bieler Lp sold 719,562 shares as Progressive (PGR)’s stock rose 7.49%. The Cooke & Bieler Lp holds 1.29M shares with $72.50M value, down from 2.01M last quarter. Progressive now has $35.46B valuation. The stock decreased 0.41% or $0.25 during the last trading session, reaching $60.88. About 1.18M shares traded. The Progressive Corporation (NYSE:PGR) has risen 52.71% since April 20, 2017 and is uptrending. It has outperformed by 41.16% the S&P500.

Chunghwa Telecom CO LTD. (NYSE:CHT) had an increase of 20.79% in short interest. CHT’s SI was 689,700 shares in April as released by FINRA. Its up 20.79% from 571,000 shares previously. With 159,900 avg volume, 4 days are for Chunghwa Telecom CO LTD. (NYSE:CHT)’s short sellers to cover CHT’s short positions. The SI to Chunghwa Telecom CO LTD.’s float is 0.15%. The stock decreased 0.72% or $0.28 during the last trading session, reaching $38.44. About 89,295 shares traded. Chunghwa Telecom Co., Ltd. (NYSE:CHT) has risen 10.71% since April 20, 2017 and is uptrending. It has underperformed by 0.84% the S&P500.

Chunghwa Telecom Co., Ltd. provides telecommunication services primarily in Taiwan. The company has market cap of $29.93 billion. The companyÂ’s Domestic Fixed Communications Business segment provides local telephone, domestic long distance telephone, broadband access, local and domestic long distance leased line, Wi-Fi, and multimedia on demand services; and other domestic services, including information and communication technology , corporate solution services, and bill handling services. It has a 22.48 P/E ratio. This segment also offers interconnection with its fixed-line network to other mobile and fixed-line operators.

Among 3 analysts covering Chunghwa Telecom Co. (NYSE:CHT), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Chunghwa Telecom Co. had 5 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by Citigroup on Thursday, April 28 to “Neutral”. The rating was upgraded by UBS to “Buy” on Tuesday, May 3. The firm earned “Neutral” rating on Tuesday, August 25 by Citigroup. Credit Suisse initiated the shares of CHT in report on Friday, January 8 with “Neutral” rating. The company was upgraded on Tuesday, August 4 by Zacks.

Investors sentiment increased to 1.17 in 2017 Q4. Its up 0.10, from 1.07 in 2017Q3. It improved, as 32 investors sold PGR shares while 198 reduced holdings. 81 funds opened positions while 189 raised stakes. 453.53 million shares or 1.27% more from 447.86 million shares in 2017Q3 were reported. State Of New Jersey Common Pension Fund D, a New Jersey-based fund reported 300,000 shares. Next Century Growth Invsts Ltd Liability Com owns 48,499 shares. Hl Fincl Svcs Lc stated it has 2.15% of its portfolio in The Progressive Corporation (NYSE:PGR). Symphony Asset Mngmt Ltd Liability Company owns 0.71% invested in The Progressive Corporation (NYSE:PGR) for 123,389 shares. State Of Alaska Department Of Revenue reported 0.1% in The Progressive Corporation (NYSE:PGR). Pennsylvania Company reported 0.01% of its portfolio in The Progressive Corporation (NYSE:PGR). The Ontario – Canada-based Canada Pension Plan Board has invested 0.04% in The Progressive Corporation (NYSE:PGR). Mutual Of America Management Limited Liability Corp owns 113,114 shares. Lord Abbett Ltd Liability Com holds 988,145 shares or 0.16% of its portfolio. Rothschild Invest Il owns 40,075 shares. Alphaone Service Ltd Liability has 0.03% invested in The Progressive Corporation (NYSE:PGR) for 1,824 shares. Moreover, Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Management Corp has 0.11% invested in The Progressive Corporation (NYSE:PGR). Shelton Capital reported 4,123 shares. Moreover, Virginia Retirement Systems Et Al has 0.02% invested in The Progressive Corporation (NYSE:PGR) for 26,400 shares. Renaissance Invest Grp Incorporated Ltd Llc invested in 3,954 shares.

The Progressive Corporation (NYSE:PGR) Institutional Positions Chart

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