Upbound Group, Inc. $UPBD Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC reduced its stake in Upbound Group, Inc. (NASDAQ:UPBD) by 31.1% in the 4th quarter, Holdings Channel reports. The firm owned 169,921 shares of the company’s stock after selling 76,639 shares during the quarter. Intech Investment Management LLC’s holdings in Upbound Group were worth $2,984,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Upbound Group by 3.4% in the 4th 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 in the last quarter. LSV Asset Management increased its holdings in Upbound Group by 24.1% in the 3rd quarter. LSV Asset Management now owns 2,532,951 shares of the company’s stock valued at $59,854,000 after purchasing an additional 491,536 shares in the last quarter. Wellington Management Group LLP increased its holdings in Upbound Group by 60.3% in the 3rd quarter. Wellington Management Group LLP now owns 1,255,874 shares of the company’s stock valued at $29,676,000 after purchasing an additional 472,550 shares in the last quarter. Huber Capital Management LLC increased its holdings in Upbound Group by 67.9% in the 3rd quarter. Huber Capital Management LLC now owns 965,270 shares of the company’s stock valued at $22,809,000 after purchasing an additional 390,331 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its holdings in Upbound Group by 27.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 783,997 shares of the company’s stock valued at $19,678,000 after purchasing an additional 168,113 shares in the last quarter. 90.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Wall Street Zen upgraded Upbound Group from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Zacks Research upgraded Upbound Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 20th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Upbound Group in a research note on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $31.33.

Insider Buying and Selling

In other news, Director Jeffrey J. Brown purchased 2,329 shares of the firm’s stock in a transaction that occurred 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 completion of the purchase, the director owned 94,840 shares of the company’s stock, valued at approximately $1,840,844.40. This trade represents a 2.52% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.60% of the company’s stock.

Upbound Group Stock Down 2.4%

Shares of Upbound Group stock opened at $18.61 on Wednesday. The business has a 50-day moving average of $18.46 and a 200-day moving average of $18.76. The company has a debt-to-equity ratio of 2.01, a current ratio of 3.06 and a quick ratio of 0.88. The company has a market capitalization of $1.08 billion, a PE ratio of 13.01 and a beta of 1.80. Upbound Group, Inc. has a 1-year low of $15.82 and a 1-year high of $28.02.

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

Upbound Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 7th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 8.4%. The ex-dividend date was Tuesday, April 7th. Upbound Group’s dividend payout ratio (DPR) is 109.09%.

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.