Landscape Capital Management L.L.C. Invests $3.05 Million in Upbound Group, Inc. $UPBD

Landscape Capital Management L.L.C. acquired a new stake in shares of Upbound Group, Inc. (NASDAQ:UPBD) during the second quarter, HoldingsChannel.com reports. The firm acquired 143,592 shares of the company’s stock, valued at approximately $3,047,000.

Several other institutional investors have also modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Upbound Group in the 2nd quarter valued at approximately $194,216,000. Vanguard Group Inc. raised its holdings in Upbound Group by 3.4% during the 4th quarter. Vanguard Group Inc. now owns 7,132,443 shares of the company’s stock valued at $125,246,000 after buying an additional 231,293 shares during the period. State Street Corp raised its holdings in Upbound Group by 11.4% during the 4th quarter. State Street Corp now owns 2,410,524 shares of the company’s stock valued at $43,220,000 after buying an additional 246,146 shares during the period. Dimensional Fund Advisors LP raised its holdings in Upbound Group by 15.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,394,770 shares of the company’s stock valued at $43,227,000 after buying an additional 327,203 shares during the period. Finally, Ieq Capital LLC bought a new stake in Upbound Group in the second quarter worth $37,565,000. 90.30% of the stock is owned by institutional investors.

Insider Buying and Selling at Upbound Group

In other news, Director Jeffrey J. Brown purchased 2,295 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were acquired at an average price of $20.09 per share, with a total value of $46,106.55. Following the transaction, the director owned 96,681 shares of the company’s stock, valued at $1,942,321.29. This represents a 2.43% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.20% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Zacks Research lowered shares of Upbound Group from a “hold” rating to a “strong sell” rating in a research note on Monday, August 3rd. Wall Street Zen lowered Upbound Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. BTIG Research cut Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 target price on the stock. in a research note on Friday, July 31st. TD Cowen reduced their price target on Upbound Group from $29.00 to $28.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Upbound Group in a research note on Wednesday, June 24th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $30.67.

Upbound Group Stock Performance

Shares of NASDAQ:UPBD opened at $18.80 on Friday. The firm has a market cap of $1.10 billion, a PE ratio of 12.21 and a beta of 1.79. The firm’s 50 day simple moving average is $20.09 and its 200-day simple moving average is $19.41. Upbound Group, Inc. has a one year low of $15.82 and a one year high of $28.02. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.97 and a current ratio of 3.22.

Upbound Group (NASDAQ:UPBD) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.02. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.16 billion. Upbound Group had a net margin of 1.90% and a return on equity of 34.53%. The company’s revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.12 earnings per share. 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. As a group, equities analysts predict that Upbound Group, Inc. will post 4.15 EPS for the current year.

Upbound Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 16th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 8.3%. The ex-dividend date was Tuesday, June 16th. Upbound Group’s dividend payout ratio is currently 101.30%.

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.