DekaBank Deutsche Girozentrale Takes Position in Progyny Inc (NASDAQ:PGNY)

DekaBank Deutsche Girozentrale purchased a new stake in Progyny Inc (NASDAQ:PGNY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 40,000 shares of the company’s stock, valued at approximately $1,118,000.

Other large investors have also recently added to or reduced their stakes in the company. Strs Ohio bought a new position in shares of Progyny in the fourth quarter valued at approximately $82,000. Sigma Planning Corp bought a new position in shares of Progyny in the fourth quarter valued at approximately $342,000. First Trust Advisors LP bought a new position in shares of Progyny in the fourth quarter valued at approximately $1,746,000. Finally, Kornitzer Capital Management Inc. KS bought a new position in shares of Progyny in the fourth quarter valued at approximately $8,816,000.

A number of research firms have recently commented on PGNY. JPMorgan Chase & Co. began coverage on shares of Progyny in a research report on Wednesday, November 27th. They issued an “overweight” rating and a $26.00 price target on the stock. Citigroup began coverage on shares of Progyny in a research report on Wednesday, November 27th. They issued a “buy” rating and a $30.00 price target on the stock. Goldman Sachs Group began coverage on shares of Progyny in a research report on Tuesday, November 19th. They issued a “buy” rating and a $33.00 price target on the stock. Piper Jaffray Companies began coverage on shares of Progyny in a research report on Wednesday, November 27th. They issued an “overweight” rating and a $33.00 price target on the stock. Finally, Svb Leerink began coverage on shares of Progyny in a research report on Tuesday, November 19th. They issued an “outperform” rating and a $28.00 price target on the stock. Six investment analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus price target of $29.67.

Shares of PGNY stock opened at $33.01 on Friday. Progyny Inc has a 1 year low of $13.29 and a 1 year high of $35.43. The business’s fifty day moving average is $29.70.

Progyny (NASDAQ:PGNY) last announced its earnings results on Wednesday, December 4th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.01. The company had revenue of $61.20 million for the quarter, compared to the consensus estimate of $60.83 million. The firm’s quarterly revenue was up 120.1% compared to the same quarter last year. On average, analysts expect that Progyny Inc will post 0.11 EPS for the current fiscal year.

Progyny Company Profile

Progyny, Inc, a benefits management company, specializes in fertility and family building benefits solutions for employers in the United States. Its fertility benefits solution includes differentiated benefits plan design, personalized concierge-style member support services, and selective network of fertility specialists.

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Institutional Ownership by Quarter for Progyny (NASDAQ:PGNY)

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