Y Intercept Hong Kong Ltd Raises Position in Upbound Group, Inc. $UPBD

Y Intercept Hong Kong Ltd grew its holdings in Upbound Group, Inc. (NASDAQ:UPBD) by 56.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 150,195 shares of the company’s stock after acquiring an additional 53,918 shares during the period. Y Intercept Hong Kong Ltd owned about 0.26% of Upbound Group worth $2,711,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of UPBD. Hantz Financial Services Inc. boosted its holdings in Upbound Group by 238.3% in the fourth quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock valued at $25,000 after purchasing an additional 1,020 shares during the period. FNY Investment Advisers LLC purchased a new stake in Upbound Group during the 3rd quarter worth about $32,000. Quarry LP raised its position in Upbound Group by 913.1% in the 3rd quarter. Quarry LP now owns 1,388 shares of the company’s stock valued at $33,000 after purchasing an additional 1,251 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in Upbound Group by 18.7% in the 4th quarter. Public Employees Retirement System of Ohio now owns 3,400 shares of the company’s stock valued at $60,000 after purchasing an additional 535 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Upbound Group in the 2nd quarter valued at about $95,000. Hedge funds and other institutional investors own 90.30% of the company’s stock.

Upbound Group Trading Down 0.1%

Shares of Upbound Group stock opened at $20.51 on Wednesday. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.88 and a current ratio of 3.06. The company has a market capitalization of $1.20 billion, a P/E ratio of 14.34 and a beta of 1.79. Upbound Group, Inc. has a 1 year low of $15.82 and a 1 year high of $28.02. The company’s fifty day moving average is $18.77 and its two-hundred day moving average is $19.01.

Upbound Group (NASDAQ:UPBD) last announced its earnings results 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 business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same period in the prior year, the company earned $1.00 earnings per share. The business’s revenue 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. Analysts forecast that Upbound Group, Inc. will post 4.15 earnings per share for the current year.

Upbound Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 16th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend was Tuesday, June 16th. Upbound Group’s dividend payout ratio (DPR) is presently 109.09%.

Wall Street Analyst Weigh In

UPBD has been the subject of a number of analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Upbound Group in a research report on Wednesday, June 24th. Zacks Research downgraded shares of Upbound Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, TD Cowen boosted their price target on shares of Upbound Group from $28.00 to $29.00 and gave the stock a “buy” rating in a report on Tuesday. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $31.00.

Insider Buying and Selling at Upbound Group

In related news, Director Jeffrey J. Brown bought 2,329 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were acquired at an average price of $19.41 per share, with a total value of $45,205.89. Following the completion of the acquisition, the director owned 94,840 shares in the company, valued at approximately $1,840,844.40. This trade represents a 2.52% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.60% of the company’s stock.

About Upbound Group

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.