34,769 Shares in Upbound Group, Inc. $UPBD Purchased by Horizon Investments LLC

Horizon Investments LLC bought a new position in shares of Upbound Group, Inc. (NASDAQ:UPBD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 34,769 shares of the company’s stock, valued at approximately $611,000. Horizon Investments LLC owned 0.06% of Upbound Group at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of UPBD. LSV Asset Management raised its holdings in shares of Upbound Group by 24.1% in the 3rd quarter. LSV Asset Management now owns 2,532,951 shares of the company’s stock worth $59,854,000 after purchasing an additional 491,536 shares during the period. Wellington Management Group LLP raised its holdings in shares of Upbound Group by 60.3% in the 3rd quarter. Wellington Management Group LLP now owns 1,255,874 shares of the company’s stock worth $29,676,000 after purchasing an additional 472,550 shares during the period. Huber Capital Management LLC raised its holdings in shares of Upbound Group by 67.9% in the 3rd quarter. Huber Capital Management LLC now owns 965,270 shares of the company’s stock worth $22,809,000 after purchasing an additional 390,331 shares during the period. Lido Advisors LLC purchased a new position in shares of Upbound Group in the 3rd quarter worth about $8,681,000. Finally, Bridgeway Capital Management LLC purchased a new position in shares of Upbound Group in the 3rd quarter worth about $7,781,000. 90.30% of the stock is currently owned by hedge funds and other institutional investors.

Upbound Group Price Performance

UPBD stock opened at $18.78 on Friday. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.78 and a current ratio of 3.06. Upbound Group, Inc. has a 1 year low of $15.82 and a 1 year high of $28.02. The firm has a market cap of $1.09 billion, a P/E ratio of 13.13 and a beta of 1.83. The stock has a 50-day simple moving average of $18.96 and a 200-day simple moving average of $19.08.

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

Upbound Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Stockholders of record on Tuesday, April 7th were paid a $0.39 dividend. The ex-dividend date was Tuesday, April 7th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.3%. Upbound Group’s dividend payout ratio (DPR) is 109.09%.

Insider Activity

In related news, Director Jeffrey J. Brown bought 2,329 shares of the stock in a transaction dated Tuesday, April 28th. The stock was acquired at an average price 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 in the company, valued at $1,840,844.40. This represents a 2.52% 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 hyperlink. Company insiders own 2.60% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Upbound Group Company 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.