Sei Investments Co. Has $1.36 Million Holdings in Aaron's Holdings Company, Inc. $PRG

Key Points

• Sei Investments Co. has decreased its holdings in Aaron's Holdings Company by 29.8%, owning 51,177 shares worth approximately $1.36 million after selling 21,730 shares during the first quarter.
• Aaron's has received mixed ratings from analysts, with reports indicating a consensus target price of $41.00 and a range of ratings from "sell" to "strong buy."
• The company recently reported earnings of $1.02 per share, which exceeded analysts' expectations, along with declaring a quarterly dividend of $0.13 per share, providing a yield of 1.6%.

Sei Investments Co. decreased its position in Aaron's Holdings Company, Inc. (NYSE:PRG - Free Report) by 29.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 51,177 shares of the company's stock after selling 21,730 shares during the period. Sei Investments Co. owned approximately 0.13% of Aaron's worth $1,361,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd lifted its stake in shares of Aaron's by 785.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,045 shares of the company's stock worth $28,000 after acquiring an additional 927 shares during the period. Public Sector Pension Investment Board lifted its stake in Aaron's by 27.2% during the first quarter. Public Sector Pension Investment Board now owns 131,726 shares of the company's stock valued at $3,504,000 after purchasing an additional 28,207 shares during the last quarter. Nuveen LLC acquired a new stake in Aaron's during the first quarter valued at approximately $10,770,000. Aigen Investment Management LP acquired a new stake in Aaron's during the first quarter valued at approximately $460,000. Finally, Invesco Ltd. lifted its stake in Aaron's by 3.5% during the first quarter. Invesco Ltd. now owns 438,379 shares of the company's stock valued at $11,661,000 after purchasing an additional 14,874 shares during the last quarter. 97.92% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on PRG. Loop Capital cut their target price on shares of Aaron's from $45.00 to $40.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Wall Street Zen lowered shares of Aaron's from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. KeyCorp cut their target price on shares of Aaron's from $50.00 to $45.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. Finally, BTIG Research lowered shares of Aaron's from a "neutral" rating to a "sell" rating and set a $24.00 target price 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 assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $41.00.

Aaron's Stock Down 0.7%

Aaron's stock traded down $0.2350 during trading hours on Thursday, hitting $32.4650. The company had a trading volume of 75,744 shares, compared to its average volume of 490,988. The firm's fifty day moving average is $30.57 and its 200-day moving average is $29.83. Aaron's Holdings Company, Inc. has a fifty-two week low of $23.50 and a fifty-two week high of $50.28. The firm has a market capitalization of $1.28 billion, a P/E ratio of 6.42 and a beta of 1.75. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.71 and a quick ratio of 2.82.

Aaron's (NYSE:PRG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The company reported $1.02 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $586.25 million. During the same quarter in the prior year, the business posted $0.92 EPS. Aaron's's quarterly revenue 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. On average, research analysts forecast that Aaron's Holdings Company, Inc. will post 3.45 earnings per share for the current year.

Aaron's Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Tuesday, August 19th will be paid a dividend of $0.13 per share. The ex-dividend date is Tuesday, August 19th. This represents a $0.52 annualized dividend and a dividend yield of 1.6%. Aaron's's dividend payout ratio is 10.28%.

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.