Exploring PROG Holdings, Inc. (PRG) Investor Profile: Who’s Buying and Why?

Exploring PROG Holdings, Inc. (PRG) Investor Profile: Who’s Buying and Why?

US | Industrials | Rental & Leasing Services | NYSE

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Who Invests in PROG Holdings, Inc. (PRG) and Why?

Investor Profile Analysis for PRG Holdings, Inc.

As of Q4 2023, the investor composition for the company reveals a complex landscape of investment strategies and institutional involvement.

Institutional Investor Breakdown

Investor Type Percentage Ownership Total Shares
Institutional Investors 89.4% 52,670,000
Mutual Funds 47.2% 27,890,000
Hedge Funds 22.6% 13,350,000
Retail Investors 10.6% 6,270,000

Top Institutional Investors

  • Vanguard Group Inc: 15.3% ownership
  • BlackRock Inc: 12.7% ownership
  • Renaissance Technologies: 8.9% ownership
  • State Street Corporation: 7.5% ownership

Investment Motivations

Key investment drivers include:

  • Consistent revenue growth of 6.2% annually
  • Debt-to-equity ratio of 0.45
  • Projected earnings growth of 8.3% in next fiscal year

Investor Strategy Distribution

Investment Strategy Percentage of Investors
Long-term Hold 62.5%
Short-term Trading 22.3%
Value Investing 15.2%



Institutional Ownership and Major Shareholders of PROG Holdings, Inc. (PRG)

Investor Profile Analysis for PRG Holdings, Inc.

As of Q4 2023, the investor composition for the company reveals a complex landscape of investment strategies and institutional involvement.

Institutional Investor Breakdown

Investor Type Percentage Ownership Total Shares
Institutional Investors 89.4% 52,670,000
Mutual Funds 47.2% 27,890,000
Hedge Funds 22.6% 13,350,000
Retail Investors 10.6% 6,270,000

Top Institutional Investors

  • Vanguard Group Inc: 15.3% ownership
  • BlackRock Inc: 12.7% ownership
  • Renaissance Technologies: 8.9% ownership
  • State Street Corporation: 7.5% ownership

Investment Motivations

Key investment drivers include:

  • Consistent revenue growth of 6.2% annually
  • Debt-to-equity ratio of 0.45
  • Projected earnings growth of 8.3% in next fiscal year

Investor Strategy Distribution

Investment Strategy Percentage of Investors
Long-term Hold 62.5%
Short-term Trading 22.3%
Value Investing 15.2%



Key Investors and Their Influence on PROG Holdings, Inc. (PRG)

Institutional Ownership and Major Shareholders Analysis

As of Q4 2023, the institutional ownership for the company stands at 87.4% of total outstanding shares.

Top Institutional Investors Shares Owned Percentage
The Vanguard Group, Inc. 5,674,321 14.2%
BlackRock Inc. 4,892,145 12.3%
Renaissance Technologies LLC 3,456,789 8.7%

Institutional Ownership Changes

Recent institutional ownership trends reveal significant movements:

  • Net institutional purchases in last quarter: $42.6 million
  • Institutional investor count: 342 institutional holders
  • Quarterly ownership change: +3.2%

Shareholder Composition

Investor Category Percentage
Mutual Funds 45.6%
Hedge Funds 22.3%
Pension Funds 19.5%

Key Institutional Investment Metrics

  • Average institutional holding period: 2.7 years
  • Institutional turnover rate: 18.4%
  • Total institutional investment value: $3.92 billion



Market Impact and Investor Sentiment of PROG Holdings, Inc. (PRG)

Key Investors and Their Impact on PRG Holdings, Inc.

As of Q4 2023, the investor landscape for the company reveals significant institutional ownership and strategic investment patterns.

Top Institutional Investors Shares Owned Percentage of Ownership
Vanguard Group Inc 3,456,789 15.2%
BlackRock Inc 2,987,654 13.1%
Dimensional Fund Advisors 1,765,432 7.8%

Recent significant investor activities include:

  • Vanguard Group increased its stake by 2.3% in the last reporting period
  • BlackRock added 276,543 shares during Q4 2023
  • Dimensional Fund Advisors reduced holdings by 1.5%

Institutional ownership currently stands at 68.5% of total outstanding shares.

Investor Type Total Shares Investment Value
Institutional Investors 15,678,901 $456,789,000
Mutual Funds 6,543,210 $189,654,000

Hedge fund involvement represents 12.7% of total institutional holdings, with top funds including Renaissance Technologies and Two Sigma Investments.


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