Universal Beteiligungs und Servicegesellschaft mbH Has $4.24 Million Holdings in Aaron's Holdings Company, Inc. $PRG

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Aaron's Holdings Company, Inc. (NYSE:PRG - Free Report) by 256.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 143,693 shares of the company's stock after buying an additional 103,330 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.36% of Aaron's worth $4,243,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of PRG. Moran Wealth Management LLC boosted its holdings in shares of Aaron's by 91.2% during the fourth quarter. Moran Wealth Management LLC now owns 124,321 shares of the company's stock worth $3,666,000 after acquiring an additional 59,297 shares during the period. CWM LLC boosted its holdings in shares of Aaron's by 15.2% during the fourth quarter. CWM LLC now owns 6,057 shares of the company's stock worth $179,000 after acquiring an additional 799 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of Aaron's by 65.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 18,401 shares of the company's stock worth $543,000 after acquiring an additional 7,301 shares during the period. Wedge Capital Management L L P NC boosted its holdings in shares of Aaron's by 37.2% during the fourth quarter. Wedge Capital Management L L P NC now owns 132,702 shares of the company's stock worth $3,913,000 after acquiring an additional 36,013 shares during the period. Finally, Exchange Traded Concepts LLC boosted its holdings in shares of Aaron's by 5.2% during the fourth quarter. Exchange Traded Concepts LLC now owns 43,917 shares of the company's stock worth $1,295,000 after acquiring an additional 2,185 shares during the period. Institutional investors and hedge funds own 97.92% of the company's stock.

Analyst Upgrades and Downgrades

PRG has been the subject of a number of research analyst reports. Weiss Ratings restated a "hold (c)" rating on shares of Aaron's in a report on Thursday, January 22nd. TD Cowen boosted their price objective on Aaron's from $42.00 to $43.00 and gave the stock a "buy" rating in a report on Wednesday, March 11th. Zacks Research cut Aaron's from a "strong-buy" rating to a "hold" rating in a report on Monday, April 20th. Finally, Wall Street Zen upgraded Aaron's from a "hold" rating to a "buy" rating in a report on Saturday, February 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, Aaron's presently has a consensus rating of "Moderate Buy" and a consensus target price of $41.33.

Aaron's Stock Up 24.0%

Shares of PRG opened at $35.82 on Thursday. Aaron's Holdings Company, Inc. has a one year low of $25.58 and a one year high of $41.14. The company has a market cap of $1.42 billion, a P/E ratio of 9.95 and a beta of 1.81. The company has a debt-to-equity ratio of 0.80, a current ratio of 4.71 and a quick ratio of 2.32. The firm has a 50 day simple moving average of $31.25 and a two-hundred day simple moving average of $30.92.

Aaron's (NYSE:PRG - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $1.24 EPS for the quarter, beating the consensus estimate of $0.78 by $0.46. Aaron's had a net margin of 5.97% and a return on equity of 20.99%. The business had revenue of $742.67 million during the quarter, compared to the consensus estimate of $726.96 million. During the same period in the previous year, the business earned $0.90 earnings per share. The company's revenue was up 11.1% on a year-over-year basis. Aaron's has set its Q2 2026 guidance at 1.050-1.050 EPS. Research analysts forecast that Aaron's Holdings Company, Inc. will post 4.21 EPS for the current fiscal year.

Aaron's Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Thursday, March 12th were given a dividend of $0.14 per share. This is an increase from Aaron's's previous quarterly dividend of $0.13. This represents a $0.56 annualized dividend and a yield of 1.6%. The ex-dividend date was Thursday, March 12th. Aaron's's dividend payout ratio (DPR) is presently 15.56%.

Aaron's Company Profile

PROG Holdings, Inc NYSE: PRG, formerly known as Aaron's, is a North American provider of lease-to-own and consumer finance solutions. The company operates through two primary segments: Aaron's Business Solutions and Progressive Financial Services. Through Aaron's Business Solutions, PROG offers customers access to furniture, electronics, home appliances and technology products via lease ownership arrangements, serving both individual consumers and small businesses.

The Progressive Financial Services segment provides lease-purchase and retail point-of-sale financing programs to customers with limited credit histories.

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