Aaron’s Inc. (NYSE:AAN)’s share price traded up 1.6% during mid-day trading on Monday . The stock traded as high as $23.14 and last traded at $23.10, with a volume of 267,735 shares traded. The stock had previously closed at $22.73.

Several equities analysts have recently issued reports on the company. Zacks Investment Research lowered Aaron’s from a “buy” rating to a “hold” rating in a research report on Tuesday, May 3rd. Sidoti assumed coverage on Aaron’s in a research report on Wednesday, April 13th. They issued a “buy” rating and a $33.00 price target for the company. Topeka Capital Markets assumed coverage on Aaron’s in a research report on Monday, May 23rd. They issued a “buy” rating and a $30.00 price target for the company. Finally, Stifel Nicolaus reaffirmed a “buy” rating on shares of Aaron’s in a research report on Tuesday, March 29th. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $31.36.

The firm has a market capitalization of $1.68 billion and a price-to-earnings ratio of 12.41. The firm has a 50-day moving average price of $23.05 and a 200 day moving average price of $23.70.

Aaron’s (NYSE:AAN) last posted its earnings results on Friday, April 29th. The company reported $0.71 EPS for the quarter, missing the Zacks’ consensus estimate of $0.75 by $0.04. The business earned $854.40 million during the quarter, compared to the consensus estimate of $866.48 million. During the same quarter in the prior year, the company earned $0.73 EPS. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. On average, equities research analysts forecast that Aaron’s Inc. will post $2.24 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 1st. Shareholders of record on Saturday, June 4th were given a $0.025 dividend. The ex-dividend date of this dividend was Wednesday, June 1st. This represents a $0.10 dividend on an annualized basis and a yield of 0.43%.

A number of large investors have bought and sold shares of the stock. Mutual of America Capital Management LLC increased its stake in Aaron’s by 3.9% in the fourth quarter. Mutual of America Capital Management LLC now owns 44,766 shares of the company’s stock worth $1,002,000 after buying an additional 1,675 shares in the last quarter. Edge Asset Management Inc. increased its stake in Aaron’s by 3.2% in the fourth quarter. Edge Asset Management Inc. now owns 185,559 shares of the company’s stock valued at $4,155,000 after buying an additional 5,816 shares in the last quarter. Systematic Financial Management LP increased its stake in Aaron’s by 38.2% in the fourth quarter. Systematic Financial Management LP now owns 77,460 shares of the company’s stock valued at $1,734,000 after buying an additional 21,415 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Aaron’s by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,613,592 shares of the company’s stock valued at $103,300,000 after buying an additional 38,829 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in Aaron’s by 300.8% in the fourth quarter. BNP Paribas Arbitrage SA now owns 58,644 shares of the company’s stock valued at $1,313,000 after buying an additional 44,014 shares in the last quarter.

Aaron’s, Inc is a specialty retailer of furniture, consumer electronics, computers, appliances and household accessories. The Company’s operating segments include Sales and Lease Ownership, Progressive, HomeSmart, DAMI, Franchise, Manufacturing and Others. The Company’s store-based operations engage in the lease ownership and retail sale of a range of products, such televisions, computers, tablets, mobile phones, living room, dining room and bedroom furniture, mattresses, washers, dryers and refrigerators.

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