Aaron’s, Inc. (NYSE:AAN) insider Curtis Linn Doman sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, August 25th. The shares were sold at an average price of $43.35, for a total transaction of $1,300,500.00. Following the sale, the insider now directly owns 101,775 shares of the company’s stock, valued at $4,411,946.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Aaron’s, Inc. (NYSE AAN) opened at 44.70 on Tuesday. The stock has a market capitalization of $3.16 billion, a PE ratio of 22.97 and a beta of 0.17. Aaron’s, Inc. has a 52 week low of $22.37 and a 52 week high of $48.22. The stock has a 50 day moving average of $42.53 and a 200-day moving average of $35.46.

Aaron’s, (NYSE:AAN) last released its earnings results on Friday, July 28th. The company reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.10. Aaron’s, had a return on equity of 12.00% and a net margin of 4.36%. The company had revenue of $815.60 million during the quarter, compared to the consensus estimate of $786.12 million. During the same quarter last year, the company earned $0.59 earnings per share. Aaron’s, ‘s quarterly revenue was up 3.3% compared to the same quarter last year. On average, equities research analysts expect that Aaron’s, Inc. will post $2.56 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 15th will be issued a $0.027 dividend. This represents a $0.11 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date is Thursday, September 14th. Aaron’s, ‘s dividend payout ratio (DPR) is currently 5.64%.

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A number of large investors have recently added to or reduced their stakes in AAN. LS Investment Advisors LLC increased its stake in Aaron’s, by 34.5% in the second quarter. LS Investment Advisors LLC now owns 2,659 shares of the company’s stock worth $103,000 after buying an additional 682 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Aaron’s, by 13.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,649 shares of the company’s stock worth $103,000 after buying an additional 312 shares during the period. Meadow Creek Investment Management LLC increased its stake in Aaron’s, by 5.0% in the first quarter. Meadow Creek Investment Management LLC now owns 3,556 shares of the company’s stock worth $106,000 after buying an additional 168 shares during the period. Victory Capital Management Inc. increased its stake in Aaron’s, by 24.1% in the first quarter. Victory Capital Management Inc. now owns 4,003 shares of the company’s stock worth $119,000 after buying an additional 778 shares during the period. Finally, TrimTabs Asset Management LLC increased its stake in Aaron’s, by 88.8% in the first quarter. TrimTabs Asset Management LLC now owns 4,048 shares of the company’s stock worth $120,000 after buying an additional 1,904 shares during the period. 99.83% of the stock is owned by institutional investors.

AAN has been the subject of a number of analyst reports. Jefferies Group LLC increased their price objective on shares of Aaron’s, from $34.00 to $42.00 and gave the stock a “buy” rating in a research note on Monday, May 1st. Northcoast Research reissued a “buy” rating and issued a $52.50 price objective (up from $45.00) on shares of Aaron’s, in a research note on Monday, July 31st. SunTrust Banks, Inc. reissued a “buy” rating on shares of Aaron’s, in a research note on Monday, July 31st. Stifel Nicolaus reissued a “buy” rating and issued a $55.00 price objective (up from $40.00) on shares of Aaron’s, in a research note on Sunday, July 30th. Finally, BidaskClub cut shares of Aaron’s, from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 7th. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $42.50.

About Aaron’s,

Aaron’s, Inc (Aaron’s) is an omnichannel provider of lease-purchase solutions. The Company engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its Company-operated and franchised stores in Canada, as well as its e-commerce platform, Aarons.com.

Insider Buying and Selling by Quarter for Aaron`s,  (NYSE:AAN)

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