Skip to the content

Do Institutions Own The Progressive Corporation (NYSE:PGR) Shares?

“Yes. As of 04/14/2021 over 84.00% % of Progressive Insurance’s shares are currently held by institutions.”Brian Plain

Learn more about Progressive auto and home insurance policies, coverage options, and prices call 1-774-847-7746 or request a quote for flood, auto, home, motorcycle, or umbrella insurance online.

Who are the top institutional holders of progressive insurance?

The top 3 financial and investment companies  that own the most Progressive stock are Vanguard, Blackrock, and Wellington Management Group. These 3 firms own 21.61% of Progressive shares and when you combine State Street and JP Morgan Chase’s Progressive holdings, the top 5 holders of Progressive’s stock account for 28.82% total ownership.

 

Financial Institution Shares of Progressive % of Progressive Owned Value of PGR Shares
Vanguard Group, Inc. (The) 48,263,533 8.25%  $4,772,298,143
Blackrock Inc. 44,189,367 7.55%  $4,369,444,608
Wellington Management Group, LLP 34,012,839 5.81%  $3,363,189,520
State Street Corporation 25,358,960 4.33%  $2,507,493,964
JP Morgan Chase & Company 16,825,886 2.88%  $1,663,743,607
Janus Henderson Group PLC 11,810,620 2.02%  $1,167,834,105
Geode Capital Management, LLC 10,261,108 1.75%  $1,014,618,359
AllianceBernstein, L.P. 8,822,443 1.51%  $   872,363,163
FMR, LLC 8,266,610 1.41%  $   817,402,396
Invesco Ltd. 8,235,654 1.41%  $   814,341,467

 

Full List of $PGR Institutional Holders of Progressive Corp – CNNMoney.com, Yahoo Finance, Nasdaq.com

 

About Progressive Insurance’s Stock

 

Shares of “The Progressive Corporation” PGR trade on the New York Stock Exchange closed at $97.29 as of 04/13/2021. Progressive’ market capitalization is $56.93 billion. Shares of Progressive are currently trading at a 10.07 P/E Ratio despite the fact the share price has tripled in the past 5 years. This means Progressive has executed well for shareholders and their current value for earnings is relatively low compared to other publicly trading insurance companies like

Progressive has been able to do well over the past year reporting 57.30% year of year quarterly earnings growth which is impressive despite their negative -$5.33 billion in Levered Free Cash Flow.

Find the latest press releases from Progressive Corporation (The) Common Stock (PGR) at Nasdaq.com.

 

About Progressive Insurance

 

Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the third largest auto insurer in the country, a leading seller of  motorcycle  and  commercial auto insurance, and one of the top 15 homeowners insurance carriers.

Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®.

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE:PGR.

Company Contact:
Douglas S. Constantine
(440) 910-3563
investor_relations@progressive.com

The Progressive Corporation
6300 Wilson Mills Road
Mayfield Village, Ohio  44143
http://www.progressive.com

Progressive December 2020 Complete Earnings Release:  http://ml.globenewswire.com/Resource/Download/d3c20089-e9aa-48aa-ac6a-8d8a6f7eb9e5