Great West Life Assurance Co. Can raised its position in Aaron’s, Inc. (NYSE:AAN) by 0.8% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,370 shares of the company’s stock after buying an additional 307 shares during the period. Great West Life Assurance Co. Can owned about 0.05% of Aaron’s, worth $1,492,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. LS Investment Advisors LLC boosted its position 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. Meadow Creek Investment Management LLC boosted its position in shares of 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 last quarter. Victory Capital Management Inc. boosted its position in shares of 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 last quarter. TrimTabs Asset Management LLC boosted its position in shares of 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 last quarter. Finally, Bank of Montreal Can boosted its position in shares of Aaron’s, by 29.5% in the first quarter. Bank of Montreal Can now owns 4,219 shares of the company’s stock worth $126,000 after buying an additional 961 shares during the last quarter. 99.83% of the stock is owned by institutional investors.

Shares of Aaron’s, Inc. (AAN) opened at 44.29 on Thursday. The company’s 50 day moving average price is $42.53 and its 200 day moving average price is $35.46. The company has a market cap of $3.13 billion, a price-to-earnings ratio of 22.76 and a beta of 0.17. Aaron’s, Inc. has a 12 month low of $22.37 and a 12 month high of $48.22.

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

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

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A number of equities analysts have issued reports on AAN shares. Jefferies Group LLC reaffirmed a “buy” rating on shares of Aaron’s, in a report on Sunday, July 30th. BidaskClub cut Aaron’s, from a “strong-buy” rating to a “buy” rating in a report on Friday, July 7th. Northcoast Research reaffirmed a “buy” rating and issued a $52.50 target price (up previously from $45.00) on shares of Aaron’s, in a report on Monday, July 31st. Stifel Nicolaus reaffirmed a “buy” rating and issued a $55.00 target price (up previously from $40.00) on shares of Aaron’s, in a report on Sunday, July 30th. Finally, SunTrust Banks, Inc. reaffirmed a “buy” rating on shares of Aaron’s, in a report on Monday, July 31st. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $42.50.

In other news, CEO Ryan K. Woodley sold 6,776 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $44.30, for a total transaction of $300,176.80. Following the transaction, the chief executive officer now directly owns 145,849 shares of the company’s stock, valued at $6,461,110.70. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Curtis Linn Doman sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $43.35, for a total transaction of $1,300,500.00. Following the transaction, the insider now directly owns 101,775 shares in the company, valued at $4,411,946.25. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 61,776 shares of company stock worth $2,742,507. Corporate insiders own 1.93% of the company’s stock.

Aaron’s, Company Profile

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.

Institutional Ownership by Quarter for Aaron`s,  (NYSE:AAN)

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