Values First Advisors Inc. Buys 3,804 Shares of The Aaron’s Company, Inc. (NYSE:AAN)

Values First Advisors Inc. increased its stake in The Aaron’s Company, Inc. (NYSE:AAN) by 7.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 54,229 shares of the company’s stock after acquiring an additional 3,804 shares during the period. Values First Advisors Inc.’s holdings in Aaron’s were worth $590,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Gladius Capital Management LP increased its stake in shares of Aaron’s by 80.0% during the third quarter. Gladius Capital Management LP now owns 2,603 shares of the company’s stock valued at $27,000 after buying an additional 1,157 shares during the period. Signaturefd LLC increased its stake in shares of Aaron’s by 231.2% during the third quarter. Signaturefd LLC now owns 2,865 shares of the company’s stock valued at $30,000 after buying an additional 2,000 shares during the period. Fortitude Family Office LLC purchased a new position in shares of Aaron’s during the fourth quarter valued at $51,000. State of Wyoming acquired a new position in Aaron’s in the second quarter valued at approximately $61,000. Finally, UBS Group AG lifted its holdings in Aaron’s by 430.2% in the third quarter. UBS Group AG now owns 6,554 shares of the company’s stock valued at $64,000 after acquiring an additional 8,539 shares during the period. Hedge funds and other institutional investors own 91.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on AAN shares. TD Cowen started coverage on Aaron’s in a report on Friday, March 8th. They issued a “market perform” rating and a $7.00 price target for the company. Stifel Nicolaus reissued a “hold” rating and issued a $7.00 price target on shares of Aaron’s in a report on Monday, March 11th. Truist Financial decreased their price target on Aaron’s from $12.00 to $9.00 and set a “hold” rating for the company in a report on Wednesday, February 28th. Stephens upgraded Aaron’s from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, January 2nd. Finally, StockNews.com upgraded Aaron’s from a “hold” rating to a “buy” rating in a research report on Saturday, March 16th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Aaron’s currently has an average rating of “Hold” and a consensus price target of $11.11.

Aaron’s Trading Up 1.2 %

NYSE AAN traded up $0.09 on Thursday, reaching $7.50. 309,311 shares of the company were exchanged, compared to its average volume of 284,641. The business’s fifty day moving average price is $9.01 and its 200 day moving average price is $9.45. The stock has a market capitalization of $236.18 million, a P/E ratio of 93.75 and a beta of 1.32. The company has a current ratio of 1.04, a quick ratio of 0.73 and a debt-to-equity ratio of 0.28. The Aaron’s Company, Inc. has a fifty-two week low of $6.72 and a fifty-two week high of $16.16.

Aaron’s (NYSE:AAN) last announced its quarterly earnings results on Tuesday, February 27th. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.29). Aaron’s had a net margin of 0.13% and a return on equity of 3.59%. The business had revenue of $529.50 million during the quarter, compared to analyst estimates of $542.07 million. During the same period last year, the company earned $0.09 EPS. The business’s revenue for the quarter was down 10.2% on a year-over-year basis. Analysts forecast that The Aaron’s Company, Inc. will post 0.08 earnings per share for the current year.

Aaron’s Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 3rd. Stockholders of record on Thursday, March 14th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 6.67%. The ex-dividend date is Wednesday, March 13th. Aaron’s’s dividend payout ratio (DPR) is presently 625.00%.

Aaron’s Company Profile

Headquartered in Atlanta, The Aaron’s Company, Inc (NYSE: AAN) is a leading, technology-enabled, omnichannel provider of lease-purchase solutions. Aaron’s engages in direct-to-consumer sales and lease ownership of furniture, appliances, consumer electronics and accessories through its approximately 1,300 company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com.