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Bartlett & CO. decreased holdings in Progressive, but the insurer's stock still sees a "Moderate Buy" rating.
Bartlett & CO. reduced its holdings in The Progressive Corporation by 18.1% in the first quarter, while Mirae Asset Global Investments increased its stake by 14.1%.
Progressive's stock, currently at $263.85, has a "Moderate Buy" rating and an average price target of $288.88.
The company recently reported an EPS of $4.65, exceeding expectations by $0.37.
Progressive is an insurance provider with a market cap of $154.68 billion.
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Bartlett & CO. disminuyó sus participaciones en Progressive, pero las acciones de la aseguradora aún tienen una calificación de "Compra Moderada".