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RentACenter Inc. (RCII) President and COO Mitchell E Fadel sells 8,750 Shares
Posted by: gurufocus (IP Logged)
Date: August 7, 2009 03:08PM
President and COO of RentACenter Inc. (RCII) Mitchell E Fadel sells 8,750 shares of RCII on 08/05/2009 at an average price of $21.26 a share.
Rent-A-Center operates company owned rent-to-own stores which offer high-quality durable goods such as consumer electronics appliances furniture and accessories to consumers under flexible rental purchase arrangements that allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period. ColorTyme Inc. a wholly-owned subsidiary of the Company is a national franchisor of rent-to-own stores which operate under the trade name of ``ColorTyme\'\' and under the ``Rent-A-Center\'\' name. (Press Release) RentACenter Inc. has a market cap of $1.39 billion; its shares were traded at around $21.08 with a P/E ratio of 9.7 and P/S ratio of 0.5. RentACenter Inc. had an annual average earning growth of 4.7% over the past 10 years.
RCII is in the portfolios of HOTCHKIS & WILEY of HOTCHKIS & WILEY Capital Management LLC, Richard Pzena of Pzena Investment Management LLC, Sarah Ketterer of CAUSEWAY CAPITAL MANAGEMENT LLC.
Recent Trades of RentACenter Inc. by CEO:
Recent Trades of RentACenter Inc. by Directors and Officers:
Stocks Discussed: RCII,