22,653 Shares in Upbound Group, Inc. $UPBD Bought by Hsbc Holdings PLC

Hsbc Holdings PLC acquired a new position in Upbound Group, Inc. (NASDAQ:UPBD) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 22,653 shares of the company’s stock, valued at approximately $398,000.

Several other institutional investors have also recently made changes to their positions in UPBD. Hantz Financial Services Inc. lifted its holdings in shares of Upbound Group by 238.3% in the fourth quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock worth $25,000 after buying an additional 1,020 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of Upbound Group during the third quarter worth $32,000. Quarry LP grew its stake in Upbound Group by 913.1% during the third quarter. Quarry LP now owns 1,388 shares of the company’s stock valued at $33,000 after acquiring an additional 1,251 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in Upbound Group by 18.7% during the fourth quarter. Public Employees Retirement System of Ohio now owns 3,400 shares of the company’s stock valued at $60,000 after acquiring an additional 535 shares in the last quarter. Finally, Canada Pension Plan Investment Board bought a new stake in Upbound Group in the 2nd quarter valued at $95,000. Hedge funds and other institutional investors own 90.30% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on UPBD. Zacks Research cut shares of Upbound Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. TD Cowen lifted their target price on Upbound Group from $28.00 to $29.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Upbound Group in a research note on Wednesday, June 24th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.00.

Insider Transactions at Upbound Group

In other news, Director Jeffrey J. Brown bought 2,329 shares of the stock in a transaction on Tuesday, April 28th. The stock was acquired at an average cost of $19.41 per share, for a total transaction of $45,205.89. Following the acquisition, the director owned 94,840 shares of the company’s stock, valued at $1,840,844.40. This represents a 2.52% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.60% of the stock is currently owned by company insiders.

Upbound Group Trading Down 2.6%

Shares of UPBD stock opened at $22.16 on Friday. The company has a market cap of $1.29 billion, a PE ratio of 15.50 and a beta of 1.79. Upbound Group, Inc. has a 1 year low of $15.82 and a 1 year high of $28.02. The stock’s 50 day simple moving average is $19.13 and its two-hundred day simple moving average is $19.21. The company has a debt-to-equity ratio of 2.01, a current ratio of 3.06 and a quick ratio of 0.88.

Upbound Group (NASDAQ:UPBD) last released its earnings results on Thursday, April 30th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.02. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.23 billion. Upbound Group had a net margin of 1.78% and a return on equity of 35.56%. The business’s revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the business earned $1.00 EPS. 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 predict that Upbound Group, Inc. will post 4.15 earnings per share for the current year.

Upbound Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, June 16th were issued a $0.39 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.0%. Upbound Group’s payout ratio is presently 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.