Upbound Group, Inc. $UPBD Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its position in shares of Upbound Group, Inc. (NASDAQ:UPBDFree Report) by 46.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 46,600 shares of the company’s stock after selling 40,000 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Upbound Group were worth $818,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of UPBD. FNY Investment Advisers LLC bought a new position in Upbound Group in the 3rd quarter worth approximately $32,000. Quarry LP grew its holdings in 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 buying an additional 1,251 shares in the last quarter. Canada Pension Plan Investment Board bought a new position in Upbound Group in the 2nd quarter worth approximately $95,000. Tower Research Capital LLC TRC grew its holdings in Upbound Group by 47.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,891 shares of the company’s stock worth $123,000 after buying an additional 1,574 shares in the last quarter. Finally, Virtus Advisers LLC acquired a new stake in Upbound Group in the third quarter worth about $130,000. Institutional investors and hedge funds own 90.30% of the company’s stock.

Insiders Place Their Bets

In other Upbound Group news, Director Jeffrey J. Brown acquired 2,329 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The shares were purchased at an average price of $19.41 per share, with a total value of $45,205.89. Following the completion of the transaction, the director owned 94,840 shares in the company, valued at $1,840,844.40. The trade was a 2.52% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Wall Street Zen raised shares of Upbound Group from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Zacks Research upgraded Upbound Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Upbound Group in a research report on Friday, March 27th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Upbound Group currently has an average rating of “Moderate Buy” and an average target price of $31.33.

View Our Latest Report on UPBD

Upbound Group Price Performance

Shares of NASDAQ:UPBD opened at $17.13 on Monday. Upbound Group, Inc. has a one year low of $15.82 and a one year high of $28.02. The stock has a fifty day moving average of $18.55 and a 200-day moving average of $18.87. The company has a market capitalization of $998.51 million, a PE ratio of 11.98 and a beta of 1.83. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.88 and a current ratio of 3.06.

Upbound Group (NASDAQ:UPBDGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the firm earned $1.00 earnings per share. The business’s quarterly revenue 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. As a group, equities analysts anticipate that Upbound Group, Inc. will post 4.15 EPS for the current fiscal year.

Upbound Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 7th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend was Tuesday, April 7th. Upbound Group’s dividend payout ratio (DPR) is presently 109.09%.

Upbound Group Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding UPBD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Upbound Group, Inc. (NASDAQ:UPBDFree Report).

Institutional Ownership by Quarter for Upbound Group (NASDAQ:UPBD)

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