Kendall Capital Management lessened its stake in Upbound Group, Inc. (NASDAQ:UPBD – Free Report) by 43.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,870 shares of the company’s stock after selling 49,615 shares during the period. Kendall Capital Management’s holdings in Upbound Group were worth $1,139,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the company. AQR Capital Management LLC increased its stake in shares of Upbound Group by 15.9% in the 1st quarter. AQR Capital Management LLC now owns 48,276 shares of the company’s stock valued at $1,157,000 after buying an additional 6,623 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Upbound Group by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,891 shares of the company’s stock valued at $764,000 after acquiring an additional 1,376 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Upbound Group by 73.0% in the first quarter. Goldman Sachs Group Inc. now owns 532,809 shares of the company’s stock worth $12,766,000 after purchasing an additional 224,811 shares during the period. Jane Street Group LLC increased its position in Upbound Group by 286.3% in the first quarter. Jane Street Group LLC now owns 86,450 shares of the company’s stock worth $2,071,000 after purchasing an additional 64,073 shares during the period. Finally, Creative Planning raised its holdings in Upbound Group by 117.0% during the 2nd quarter. Creative Planning now owns 24,942 shares of the company’s stock worth $626,000 after purchasing an additional 13,450 shares during the last quarter. Institutional investors and hedge funds own 90.30% of the company’s stock.
Insider Buying and Selling
In other news, Director Jeffrey J. Brown bought 2,502 shares of the stock in a transaction on Tuesday, January 6th. The stock was purchased 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 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 ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 2.60% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on Upbound Group
Upbound Group Trading Down 2.0%
NASDAQ:UPBD opened at $17.53 on Friday. The company has a current ratio of 2.92, a quick ratio of 0.78 and a debt-to-equity ratio of 2.26. Upbound Group, Inc. has a 1-year low of $15.82 and a 1-year high of $28.02. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 14.14 and a beta of 1.85. The business’s 50-day moving average price is $19.53 and its two-hundred day moving average price is $19.88.
Upbound Group (NASDAQ:UPBD – Get Free Report) last posted its earnings results on Thursday, February 19th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.04. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.17 billion. Upbound Group had a return on equity of 35.23% and a net margin of 1.56%.The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.05 EPS. 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, equities analysts expect that Upbound Group, Inc. will post 4.28 earnings per share for the current year.
Upbound Group Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 28th. Investors of record on Tuesday, April 7th will be issued a dividend of $0.39 per share. The ex-dividend date is Tuesday, April 7th. This represents a $1.56 dividend on an annualized basis and a yield of 8.9%. Upbound Group’s payout ratio is currently 125.81%.
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.
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