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Benjamin Edwards Inc. Increases Stock Holdings in The Progressive Corporation $PGR
Benjamin Edwards Inc. has increased its stake in The Progressive Corporation (NYSE:PGR) by 21.4% in the fourth quarter, bringing its total holdings to 60,046 shares valued at $13.674 million. Progressive recently reported strong quarterly earnings, beating EPS estimates, though revenue was slightly below expectations. Analysts currently have a “Hold” rating on the stock with an average price target of $238.39, while institutional investors own approximately 85% of the company.