Range Financial Group LLC acquired a new stake in Upbound Group, Inc. (NASDAQ:UPBD – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 75,882 shares of the company’s stock, valued at approximately $1,332,000. Range Financial Group LLC owned about 0.13% of Upbound Group at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the business. FNY Investment Advisers LLC acquired a new position in Upbound Group in the 3rd quarter valued at approximately $32,000. Quarry LP lifted its holdings in shares of Upbound Group by 913.1% during the third quarter. Quarry LP now owns 1,388 shares of the company’s stock worth $33,000 after purchasing an additional 1,251 shares during the period. Security National Bank bought a new stake in shares of Upbound Group in the third quarter worth $57,000. GAMMA Investing LLC grew its stake in shares of Upbound Group by 44.7% in the third quarter. GAMMA Investing LLC now owns 3,787 shares of the company’s stock worth $89,000 after purchasing an additional 1,170 shares during the last quarter. Finally, Canada Pension Plan Investment Board acquired a new stake in Upbound Group in the second quarter valued at $95,000. 90.30% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
UPBD has been the topic of several recent research reports. TD Cowen reaffirmed a “buy” rating on shares of Upbound Group in a report on Thursday, January 8th. Wall Street Zen raised Upbound Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Zacks Research downgraded Upbound Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 12th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Upbound Group in a research note on Friday. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Upbound Group presently has a consensus rating of “Moderate Buy” and an average target price of $32.25.
Insider Activity at Upbound Group
In other Upbound Group news, Director Jeffrey J. Brown bought 2,502 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was acquired at an average price of $17.68 per share, with a total value of $44,235.36. Following the completion of the purchase, the director directly owned 92,972 shares of the company’s stock, valued at approximately $1,643,744.96. This trade represents a 2.77% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 2.60% of the stock is currently owned by insiders.
Upbound Group Price Performance
Shares of NASDAQ UPBD opened at $18.01 on Tuesday. Upbound Group, Inc. has a twelve month low of $15.82 and a twelve month high of $28.02. The firm has a fifty day simple moving average of $19.62 and a 200 day simple moving average of $19.96. The company has a market capitalization of $1.05 billion, a PE ratio of 14.52 and a beta of 1.81. The company has a quick ratio of 0.78, a current ratio of 2.92 and a debt-to-equity ratio of 2.26.
Upbound Group (NASDAQ:UPBD – Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The company reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.04. Upbound Group had a net margin of 1.56% and a return on equity of 35.23%. The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the prior year, the firm posted $1.05 earnings per share. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. Upbound Group has set its Q1 2026 guidance at 1.050-1.150 EPS and its FY 2026 guidance at 4.000-4.350 EPS. On average, sell-side analysts forecast that Upbound Group, Inc. will post 4.28 EPS for the current year.
Upbound Group Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 28th. Investors of record on Tuesday, April 7th will be given a dividend of $0.39 per share. The ex-dividend date is Tuesday, April 7th. This represents a $1.56 annualized dividend and a dividend yield of 8.7%. Upbound Group’s dividend payout ratio is presently 125.81%.
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.
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