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.
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.