Aaron's Holdings Company, Inc. $PRG Shares Sold by Deutsche Bank AG

Key Points

• Deutsche Bank AG reduced its holdings in Aaron's Holdings Company by 74.9%, selling 115,719 shares during the first quarter and now owns 38,833 shares valued at approximately $1,033,000.
• Analyst ratings for Aaron's Holdings show a mix of opinions, with one Strong Buy, four Buy, one Hold, and one Sell rating, and a consensus target price set at $41.00.
• Aaron's recently announced a $0.13 quarterly dividend with a 1.5% yield, indicating a 10.28% dividend payout ratio.

Deutsche Bank AG lessened its position in Aaron's Holdings Company, Inc. (NYSE:PRG - Free Report) by 74.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 38,833 shares of the company's stock after selling 115,719 shares during the quarter. Deutsche Bank AG owned approximately 0.10% of Aaron's worth $1,033,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of PRG. PNC Financial Services Group Inc. grew its position in Aaron's by 13.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,411 shares of the company's stock valued at $91,000 after acquiring an additional 413 shares in the last quarter. Squarepoint Ops LLC acquired a new position in shares of Aaron's in the fourth quarter valued at approximately $235,000. State of Wyoming increased its stake in Aaron's by 10.9% during the 4th quarter. State of Wyoming now owns 5,694 shares of the company's stock worth $241,000 after buying an additional 560 shares during the period. PharVision Advisers LLC purchased a new stake in Aaron's during the 4th quarter worth approximately $288,000. Finally, Aquatic Capital Management LLC acquired a new stake in Aaron's during the 4th quarter worth approximately $323,000. Institutional investors and hedge funds own 97.92% of the company's stock.

Aaron's Stock Down 0.8%

PRG traded down $0.29 on Thursday, reaching $35.11. The company's stock had a trading volume of 403,411 shares, compared to its average volume of 487,310. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 6.94 and a beta of 1.75. Aaron's Holdings Company, Inc. has a fifty-two week low of $23.50 and a fifty-two week high of $50.28. The company has a quick ratio of 2.82, a current ratio of 5.71 and a debt-to-equity ratio of 0.89. The stock has a 50 day moving average of $31.12 and a two-hundred day moving average of $29.53.

Aaron's (NYSE:PRG - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The company reported $1.02 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.23. Aaron's had a net margin of 8.53% and a return on equity of 22.54%. The company had revenue of $604.66 million for the quarter, compared to analysts' expectations of $586.25 million. During the same quarter last year, the company earned $0.92 earnings per share. The firm's revenue for the quarter was up 2.1% on a year-over-year basis. Aaron's has set its Q3 2025 guidance at 0.700-0.750 EPS. FY 2025 guidance at 3.200-3.350 EPS. As a group, analysts forecast that Aaron's Holdings Company, Inc. will post 3.45 EPS for the current fiscal year.

Aaron's Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Tuesday, August 19th will be paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 1.5%. The ex-dividend date is Tuesday, August 19th. Aaron's's dividend payout ratio is currently 10.28%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. BTIG Research lowered Aaron's from a "neutral" rating to a "sell" rating and set a $24.00 price objective on the stock. in a research report on Monday, July 14th. Wall Street Zen raised Aaron's from a "hold" rating to a "buy" rating in a research note on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Aaron's has an average rating of "Moderate Buy" and a consensus price target of $41.00.

About Aaron's

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.