Vanguard Group Inc. grew its position in shares of Upbound Group, Inc. (NASDAQ:UPBD – Free Report) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,132,443 shares of the company’s stock after buying an additional 231,293 shares during the period. Vanguard Group Inc. owned about 12.32% of Upbound Group worth $125,246,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the company. FNY Investment Advisers LLC bought a new position in shares of Upbound Group in the 3rd quarter worth about $32,000. Quarry LP increased its holdings in shares of Upbound Group by 913.1% in the 3rd quarter. Quarry LP now owns 1,388 shares of the company’s stock worth $33,000 after acquiring an additional 1,251 shares during the period. Canada Pension Plan Investment Board acquired a new position in Upbound Group during the 2nd quarter valued at about $95,000. Tower Research Capital LLC TRC increased its stake in shares of Upbound Group by 47.5% in the second quarter. Tower Research Capital LLC TRC now owns 4,891 shares of the company’s stock valued at $123,000 after purchasing an additional 1,574 shares during the period. Finally, Virtus Advisers LLC bought a new stake in shares of Upbound Group during the third quarter valued at approximately $130,000. 90.30% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
UPBD has been the subject of several recent analyst reports. Zacks Research raised Upbound Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Wall Street Zen upgraded shares of Upbound Group from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Upbound Group in a research report on Friday, March 27th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $31.33.
Insider Activity at Upbound Group
In other Upbound Group news, Director Jeffrey J. Brown bought 2,329 shares of the company’s stock in a transaction on Tuesday, April 28th. The stock was bought at an average price of $19.41 per share, for a total transaction of $45,205.89. Following the transaction, the director owned 94,840 shares of the company’s stock, valued at approximately $1,840,844.40. The trade was a 2.52% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 2.60% of the company’s stock.
Upbound Group Price Performance
Shares of UPBD stock opened at $17.96 on Wednesday. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 12.56 and a beta of 1.83. Upbound Group, Inc. has a 12 month low of $15.82 and a 12 month high of $28.02. The company has a quick ratio of 0.88, a current ratio of 3.06 and a debt-to-equity ratio of 2.01. The stock has a 50-day moving average price of $18.75 and a 200 day moving average price of $18.99.
Upbound Group (NASDAQ:UPBD – Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.02. Upbound Group had a net margin of 1.78% and a return on equity of 35.56%. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter last year, the firm earned $1.00 EPS. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. Upbound Group has set its Q2 2026 guidance at 1.000-1.100 EPS and its FY 2026 guidance at 4.000-4.350 EPS. Research analysts expect that Upbound Group, Inc. will post 4.15 EPS for the current year.
Upbound Group Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 7th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend was Tuesday, April 7th. Upbound Group’s payout ratio is currently 109.09%.
About Upbound Group
Upbound Group, Inc leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels. It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories.
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