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Meeder Advisory Services raises stake in Progressive, which reported strong Q4 earnings and a dividend.
Meeder Advisory Services Inc. increased its stake in The Progressive Corp. by 0.9%, now owning 10,118 shares valued at $2,424,000.
Progressive reported a strong Q4 with EPS of $4.08, exceeding estimates by $0.64.
The company also declared a $0.10 quarterly dividend.
Despite insider selling, Progressive's stock has seen price target increases, with analysts expecting 14.68 EPS for the current year.
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Meeder Advisory Services aumenta su participación en Progressive, que reportó sólidas ganancias en el cuarto trimestre y un dividendo.