Sei Investments Co. Has $4.42 Million Position in Upbound Group, Inc. $UPBD

Sei Investments Co. boosted its holdings in Upbound Group, Inc. (NASDAQ:UPBD) by 249.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 244,848 shares of the company’s stock after acquiring an additional 174,682 shares during the period. Sei Investments Co.’s holdings in Upbound Group were worth $4,419,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of Upbound Group by 3.4% in the fourth quarter. Vanguard Group Inc. now owns 7,132,443 shares of the company’s stock valued at $125,246,000 after purchasing an additional 231,293 shares during the last quarter. State Street Corp lifted its stake in shares of Upbound Group by 11.4% during the 4th quarter. State Street Corp now owns 2,410,524 shares of the company’s stock worth $43,220,000 after buying an additional 246,146 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Upbound Group by 15.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,394,770 shares of the company’s stock worth $43,227,000 after buying an additional 327,203 shares during the last quarter. Huber Capital Management LLC boosted its holdings in shares of Upbound Group by 80.2% during the 4th quarter. Huber Capital Management LLC now owns 1,739,045 shares of the company’s stock worth $30,538,000 after buying an additional 773,775 shares during the period. Finally, Wellington Management Group LLP boosted its holdings in shares of Upbound Group by 4.8% during the 4th quarter. Wellington Management Group LLP now owns 1,315,672 shares of the company’s stock worth $23,103,000 after buying an additional 59,798 shares during the period. Institutional investors and hedge funds own 90.30% of the company’s stock.

Upbound Group Price Performance

Shares of Upbound Group stock opened at $20.12 on Thursday. Upbound Group, Inc. has a twelve month low of $15.82 and a twelve month high of $28.02. The company has a quick ratio of 0.88, a current ratio of 3.22 and a debt-to-equity ratio of 1.94. The company has a 50-day simple moving average of $19.93 and a two-hundred day simple moving average of $19.41. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 13.06 and a beta of 1.79.

Upbound Group (NASDAQ:UPBD) last announced its earnings results on Thursday, July 30th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.02. Upbound Group had a net margin of 1.90% and a return on equity of 34.53%. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same quarter in the prior year, the business posted $1.12 EPS. The business’s revenue was up .5% compared to the same quarter last year. Upbound Group has set its FY 2026 guidance at 4.000-4.350 EPS and its Q3 2026 guidance at 0.850-0.950 EPS. Analysts forecast that Upbound Group, Inc. will post 4.15 EPS for the current year.

Upbound Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 16th were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 7.8%. The ex-dividend date was Tuesday, June 16th. Upbound Group’s dividend payout ratio (DPR) is 101.30%.

Insiders Place Their Bets

In related news, Director Jeffrey J. Brown bought 2,295 shares of the business’s stock in a transaction dated Tuesday, July 7th. The stock was purchased at an average cost of $20.09 per share, for a total transaction of $46,106.55. Following the transaction, the director owned 96,681 shares in the company, valued at $1,942,321.29. The trade was a 2.43% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have weighed in on UPBD. Zacks Research cut shares of Upbound Group from a “hold” rating to a “strong sell” rating in a report on Monday. Wall Street Zen cut Upbound Group from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Upbound Group in a research report on Wednesday, June 24th. TD Cowen lowered their target price on Upbound Group from $29.00 to $28.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Finally, BTIG Research cut Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 price target for the company. in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $30.67.

Upbound Group Profile

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.