Hussman Strategic Advisors Has Increased Holding in Progressive Ohio (PGR) by $600,000; As Ebay (EBAY) Stock Rose, Peddock Capital Advisors Trimmed Its Stake

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Peddock Capital Advisors Llc decreased its stake in Ebay Inc (EBAY) by 61.65% based on its latest 2018Q4 regulatory filing with the SEC. Peddock Capital Advisors Llc sold 12,853 shares as the company’s stock rose 25.17% with the market. The institutional investor held 7,994 shares of the business services company at the end of 2018Q4, valued at $224,000, down from 20,847 at the end of the previous reported quarter. Peddock Capital Advisors Llc who had been investing in Ebay Inc for a number of months, seems to be less bullish one the $31.55 billion market cap company. The stock decreased 3.16% or $1.18 during the last trading session, reaching $36.2. About 5.87M shares traded. eBay Inc. (NASDAQ:EBAY) has declined 11.88% since May 13, 2018 and is downtrending. It has underperformed by 16.25% the S&P500. Some Historical EBAY News: 25/04/2018 – EBAY INC – MARKETPLACE PLATFORMS DELIVERED $2.1 BLN OF REVENUE AND $22.5 BLN OF GMV IN QTR; 05/03/2018 Rep. Ryan: Congressman Tim Ryan Helps Kick Off of the eBay Retail Revival Program in Akron, Ohio; 14/05/2018 – Mathew Ingram: Exclusive to CJR: De Correspondent gets cash injection from eBay billionaire for global launch; 18/04/2018 – eBay Inc. vs Global Equity Management (SA) Pty. Ltd. | FWD Entered | 04/18/2018; 11/03/2018 – eBay Conference Call Scheduled By Aliya Capital for Mar. 12; 14/03/2018 – Google, Apple face EU law on business practices; 25/04/2018 – PayPal Holds Its Own After Losing EBay (Video); 17/04/2018 – Business Std.in: Walmart, eBay fresh round of talks likely for $12 bn deal with Flipkart; 25/05/2018 – Comm. O’Rielly’s 5/25/18 letter to eBay and Amazon re: set top boxes; 19/04/2018 – GENERAL MOTORS CO – ELECTION OF WENIG TO BOARD’S SLATE OF NOMINEES WILL BRING GM’S BOARD OF DIRECTORS TO 11 MEMBERS

Hussman Strategic Advisors Inc increased its stake in Progressive Corp Ohio (PGR) by 38.17% based on its latest 2018Q4 regulatory filing with the SEC. Hussman Strategic Advisors Inc bought 10,000 shares as the company’s stock rose 13.17% with the market. The institutional investor held 36,200 shares of the property-casualty insurers company at the end of 2018Q4, valued at $2.18 million, up from 26,200 at the end of the previous reported quarter. Hussman Strategic Advisors Inc who had been investing in Progressive Corp Ohio for a number of months, seems to be bullish on the $41.83 billion market cap company. The stock decreased 2.46% or $1.81 during the last trading session, reaching $71.62. About 1.12 million shares traded. The Progressive Corporation (NYSE:PGR) has risen 25.82% since May 13, 2018 and is uptrending. It has outperformed by 21.45% the S&P500. Some Historical PGR News: 18/05/2018 – FITCH AFFIRMS PROGRESSIVE’S RATINGS; OUTLOOK STABLE; 17/04/2018 – REG-PROGRESSIVE REPORTS MARCH 2018 RESULTS; 17/04/2018 – PROGRESSIVE CORP – MARCH NET PREMIUMS WRITTEN $2,538.7 MLN VS $2,047.8 MLN; 19/04/2018 – DJ Progressive Corporation, Inst Holders, 1Q 2018 (PGR); 14/03/2018 – REG-Progressive Reports February 2018 Results; 17/04/2018 – PROGRESSIVE CORP – NET PREMIUMS EARNED IN MARCH 2018 $2,279.7 MLN VS $1,892.8 MLN IN MARCH 2017; 16/05/2018 – PROGRESSIVE APRIL NET PREMIUMS WRITTEN $3.23B :PGR US; 17/04/2018 – Progressive 1Q Net $718M; 16/05/2018 – Progressive April Net Premiums Written $3.2B; 14/03/2018 – Progressive February Net Premiums Earned $2.2

Investors sentiment increased to 1.08 in 2018 Q4. Its up 0.01, from 1.07 in 2018Q3. It increased, as 37 investors sold PGR shares while 236 reduced holdings. 93 funds opened positions while 202 raised stakes. 458.35 million shares or 2.33% more from 447.91 million shares in 2018Q3 were reported. Winslow Evans Crocker owns 8,476 shares for 0.17% of their portfolio. Fisher Asset Limited Liability Corporation accumulated 0.01% or 87,120 shares. Artemis Invest Llp reported 669,483 shares stake. South Dakota Invest Council owns 0.05% invested in The Progressive Corporation (NYSE:PGR) for 31,300 shares. Quantbot Techs LP stated it has 0.64% of its portfolio in The Progressive Corporation (NYSE:PGR). Kames Cap Public Llc holds 29,209 shares or 0.06% of its portfolio. Hillsdale Investment has 0.05% invested in The Progressive Corporation (NYSE:PGR). M&T Retail Bank, a New York-based fund reported 76,982 shares. State Of Alaska Department Of Revenue reported 0.12% in The Progressive Corporation (NYSE:PGR). Hbk Investments Limited Partnership reported 0.11% in The Progressive Corporation (NYSE:PGR). Timessquare Capital Mngmt Ltd Liability Com has 3.70M shares for 1.92% of their portfolio. Artisan Prtn Partnership invested in 2.41% or 17.69 million shares. Liberty Capital Mgmt Inc holds 0.42% of its portfolio in The Progressive Corporation (NYSE:PGR) for 11,383 shares. Old Bank & Trust In, Indiana-based fund reported 129,710 shares. Guernsey-based Bluecrest has invested 0.02% in The Progressive Corporation (NYSE:PGR).

More notable recent The Progressive Corporation (NYSE:PGR) news were published by: Benzinga.com which released: “10 Stocks To Watch For April 16, 2019 – Benzinga” on April 16, 2019, also Seekingalpha.com with their article: “Progressive declares $2.5140 dividend – Seeking Alpha” published on January 23, 2019, Fool.com published: “Why Progressive, Western Digital, and Omnicom Group Jumped Today – The Motley Fool” on April 16, 2019. More interesting news about The Progressive Corporation (NYSE:PGR) were released by: Seekingalpha.com and their article: “Progressive’s Dashboard Report: March 2019 Update – Seeking Alpha” published on April 24, 2019 as well as Prnewswire.com‘s news article titled: “Progressive® Launches New Online Quoting Platform for Small Business Owners – PRNewswire” with publication date: May 08, 2019.

Since November 15, 2018, it had 2 buys, and 5 sales for $6.06 million activity. $19,663 worth of stock was bought by Snyder Barbara R on Monday, February 11. $1.20M worth of The Progressive Corporation (NYSE:PGR) was sold by Charney M Jeffrey. Another trade for 12,000 shares valued at $783,240 was sold by Sauerland John P. Griffith Susan Patricia sold 12,600 shares worth $817,362.

Hussman Strategic Advisors Inc, which manages about $2.11 billion and $414.05 million US Long portfolio, decreased its stake in Sanderson Farms Inc (NASDAQ:SAFM) by 15,000 shares to 500 shares, valued at $50,000 in 2018Q4, according to the filing. It also reduced its holding in Gilead Sciences Inc (NASDAQ:GILD) by 25,000 shares in the quarter, leaving it with 800 shares, and cut its stake in Urban Outfitters Inc (NASDAQ:URBN).

Investors sentiment decreased to 0.65 in Q4 2018. Its down 0.40, from 1.05 in 2018Q3. It is negative, as 100 investors sold EBAY shares while 270 reduced holdings. 68 funds opened positions while 171 raised stakes. 740.38 million shares or 4.11% less from 772.11 million shares in 2018Q3 were reported. Oakworth Cap reported 0.01% of its portfolio in eBay Inc. (NASDAQ:EBAY). Altrinsic Glob Advisors Limited Liability Corp reported 872,113 shares. Howe & Rusling Inc holds 0% or 74 shares. Calamos Advsrs Limited Liability Corporation reported 168,363 shares stake. Marble Harbor Investment Counsel Ltd Liability stated it has 1.8% in eBay Inc. (NASDAQ:EBAY). Moors & Cabot reported 7,516 shares. Natixis Advsrs Limited Partnership stated it has 353,023 shares. Wellington Group Llp holds 0.08% or 11.32M shares in its portfolio. Yhb Advsrs has 53,120 shares for 0.27% of their portfolio. Aperio Group Ltd Liability Corporation reported 566,160 shares. 355,862 are held by Zacks Invest Management. Windward Cap Mgmt Ca stated it has 170,788 shares. Stone Ridge Asset Management Ltd Liability Company, New York-based fund reported 88,472 shares. State Board Of Administration Of Florida Retirement System accumulated 1.34 million shares or 0.11% of the stock. Rwc Asset Mngmt Ltd Liability Partnership has invested 0.51% of its portfolio in eBay Inc. (NASDAQ:EBAY).

More notable recent eBay Inc. (NASDAQ:EBAY) news were published by: Nasdaq.com which released: “Technology Sector Update for 04/24/2019: TWTR, HAS, EBAY, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” on April 24, 2019, also Nasdaq.com with their article: “Consumer Sector Update for 04/24/2019: EBAY,DPZ,BURL,IRBT – Nasdaq” published on April 24, 2019, Nasdaq.com published: “GDET Hemp Derived CBD Products Now Available On EBAY – Nasdaq” on May 01, 2019. More interesting news about eBay Inc. (NASDAQ:EBAY) were released by: Nasdaq.com and their article: “Earnings Reaction History: eBay Inc, 66.7% Follow-Through Indicator, 6.2% Sensitive – Nasdaq” published on April 23, 2019 as well as Nasdaq.com‘s news article titled: “eBay Historically Adds to Post-Market Earnings Moves in Next Day’s Regular Session – Nasdaq” with publication date: April 22, 2019.

Since November 20, 2018, it had 1 insider purchase, and 5 selling transactions for $2.49 million activity. OMIDYAR PIERRE M sold 36,000 shares worth $1.04 million. $522,528 worth of stock was sold by Park Joo Man on Tuesday, November 27. 17,787 shares were bought by SWAN ROBERT HOLMES, worth $501,766 on Wednesday, January 2. $983,558 worth of stock was sold by Lee Jae Hyun on Wednesday, November 28.

Analysts await eBay Inc. (NASDAQ:EBAY) to report earnings on July, 17. They expect $0.49 earnings per share, up 25.64% or $0.10 from last year’s $0.39 per share. EBAY’s profit will be $427.04 million for 18.47 P/E if the $0.49 EPS becomes a reality. After $0.55 actual earnings per share reported by eBay Inc. for the previous quarter, Wall Street now forecasts -10.91% negative EPS growth.

The Progressive Corporation (NYSE:PGR) Institutional Positions Chart

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