Trexquant Investment LP Has $4.54 Million Stake in Aaron's Holdings Company, Inc. $PRG

Key Points

• Trexquant Investment LP increased its stake in Aaron's Holdings Company by 49.6%, owning 170,719 shares valued at approximately $4.54 million after acquiring additional shares in Q1.
• Analysts have mixed ratings for Aaron's stock, with a consensus rating of "Moderate Buy" and an average price target of $41.00, following a recent upgrade from a "hold" to a "buy" rating.
• Aaron's announced a quarterly dividend of $0.13 per share, which reflects a 1.5% yield based on an annualized payout ratio of 10.28%.

Trexquant Investment LP grew its stake in shares of Aaron's Holdings Company, Inc. (NYSE:PRG - Free Report) by 49.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 170,719 shares of the company's stock after purchasing an additional 56,590 shares during the period. Trexquant Investment LP owned about 0.42% of Aaron's worth $4,541,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in Aaron's in the 4th quarter worth about $620,000. Northern Trust Corp lifted its stake in Aaron's by 7.0% in the 4th quarter. Northern Trust Corp now owns 517,984 shares of the company's stock worth $21,890,000 after acquiring an additional 33,991 shares in the last quarter. Lido Advisors LLC lifted its stake in Aaron's by 33.4% in the 4th quarter. Lido Advisors LLC now owns 8,648 shares of the company's stock worth $365,000 after acquiring an additional 2,164 shares in the last quarter. Schonfeld Strategic Advisors LLC purchased a new stake in Aaron's in the 4th quarter worth about $605,000. Finally, Comerica Bank lifted its stake in Aaron's by 1.2% in the 4th quarter. Comerica Bank now owns 39,029 shares of the company's stock worth $1,649,000 after acquiring an additional 473 shares in the last quarter. Institutional investors and hedge funds own 97.92% of the company's stock.

Aaron's Stock Down 0.6%

PRG stock traded down $0.22 during mid-day trading on Friday, hitting $35.26. The stock had a trading volume of 172,481 shares, compared to its average volume of 482,022. The company has a current ratio of 5.71, a quick ratio of 2.82 and a debt-to-equity ratio of 0.89. Aaron's Holdings Company, Inc. has a 1-year low of $23.50 and a 1-year high of $50.28. The company has a fifty day moving average of $31.92 and a 200 day moving average of $29.22. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 6.99 and a beta of 1.77.

Aaron's (NYSE:PRG - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.23. Aaron's had a return on equity of 22.54% and a net margin of 8.53%.The company had revenue of $604.66 million for the quarter, compared to analyst estimates of $586.25 million. During the same period in the prior year, the firm posted $0.92 EPS. The business's revenue was up 2.1% compared to the same quarter last year. Aaron's has set its Q3 2025 guidance at 0.700-0.750 EPS. FY 2025 guidance at 3.200-3.350 EPS. On average, equities analysts expect that Aaron's Holdings Company, Inc. will post 3.45 EPS for the current fiscal year.

Aaron's Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Tuesday, August 19th were issued a dividend of $0.13 per share. 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 1.5%. Aaron's's dividend payout ratio is currently 10.28%.

Analyst Upgrades and Downgrades

PRG has been the subject of several research analyst reports. Wall Street Zen raised Aaron's from a "hold" rating to a "buy" rating in a research note on Friday, August 22nd. BTIG Research downgraded Aaron's from a "neutral" rating to a "sell" rating and set a $24.00 price objective for the company. in a research note on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Aaron's has an average rating of "Moderate Buy" and an average target price of $41.00.

Aaron's 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.