Yousif Capital Management LLC Purchases 390 Shares of Aaron’s Holdings Company, Inc. $PRG

Yousif Capital Management LLC grew its position in shares of Aaron’s Holdings Company, Inc. (NYSE:PRG) by 2.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 17,674 shares of the company’s stock after acquiring an additional 390 shares during the quarter. Yousif Capital Management LLC’s holdings in Aaron’s were worth $519,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. PNC Financial Services Group Inc. increased its position in Aaron’s by 13.8% in the first quarter. PNC Financial Services Group Inc. now owns 3,411 shares of the company’s stock worth $91,000 after purchasing an additional 413 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Aaron’s by 66.2% during the 2nd quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock valued at $33,000 after purchasing an additional 447 shares during the last quarter. Diversified Trust Co lifted its position in Aaron’s by 7.2% in the first quarter. Diversified Trust Co now owns 8,647 shares of the company’s stock worth $230,000 after buying an additional 583 shares during the last quarter. Legato Capital Management LLC boosted its stake in Aaron’s by 2.7% during the first quarter. Legato Capital Management LLC now owns 26,227 shares of the company’s stock worth $698,000 after buying an additional 693 shares during the period. Finally, Ameritas Advisory Services LLC bought a new position in Aaron’s during the second quarter valued at $27,000. 97.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on PRG shares. Weiss Ratings reissued a “hold (c)” rating on shares of Aaron’s in a research report on Wednesday, October 8th. TD Cowen lowered their price objective on shares of Aaron’s from $38.00 to $37.00 and set a “buy” rating for the company in a research note on Thursday. Wall Street Zen cut shares of Aaron’s from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Finally, BTIG Research lifted their price objective on shares of Aaron’s from $27.00 to $31.00 and gave the company a “sell” rating in a report on Thursday. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Aaron’s presently has a consensus rating of “Hold” and a consensus price target of $40.33.

Aaron’s Stock Performance

Shares of PRG stock opened at $31.18 on Friday. The business has a fifty day moving average of $33.56 and a 200 day moving average of $30.50. Aaron’s Holdings Company, Inc. has a 1 year low of $23.50 and a 1 year high of $49.90. The company has a debt-to-equity ratio of 0.85, a current ratio of 4.74 and a quick ratio of 2.82. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 7.91 and a beta of 1.79.

Aaron’s (NYSE:PRG) last released its quarterly earnings results on Wednesday, October 22nd. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.73 by $0.17. The company had revenue of $595.11 million for the quarter, compared to analyst estimates of $586.11 million. Aaron’s had a net margin of 6.54% and a return on equity of 22.36%. The firm’s revenue was down 1.8% on a year-over-year basis. During the same quarter last year, the business earned $0.77 earnings per share. Aaron’s has set its FY 2025 guidance at 3.350-3.450 EPS. Q4 2025 guidance at 0.550-0.650 EPS. As a group, research analysts expect that Aaron’s Holdings Company, Inc. will post 3.45 earnings per share for the current year.

Aaron’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Tuesday, August 19th were issued a $0.13 dividend. The ex-dividend date of this dividend was Tuesday, August 19th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.7%. Aaron’s’s dividend payout ratio is currently 10.28%.

Aaron’s Company Profile

PROG Holdings, Inc (NYSE:PRG) is a financial technology holding company based in Salt Lake City, Utah with three business segments: Progressive Leasing, which offers lease-to-own transactions primarily to credit-challenged consumers through e-commerce and point-of-sale retail partners, via online, mobile, and in-store solutions; Vive Financial, which provides consumers who may not qualify for traditional prime lending with a variety of second-look, revolving credit products through private label and branded credit cards; and Four Technologies, which provides consumers of all credit backgrounds Buy Now, Pay Later (BNPL) options through four interest-free installments via its platform, Four.