TrueMark Investments LLC decreased its holdings in Upbound Group, Inc. (NASDAQ:UPBD – Free Report) by 92.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,541 shares of the company’s stock after selling 190,239 shares during the period. TrueMark Investments LLC’s holdings in Upbound Group were worth $273,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of UPBD. FNY Investment Advisers LLC purchased a new stake in shares of Upbound Group during the 3rd quarter valued at approximately $32,000. Quarry LP raised its holdings in Upbound Group by 913.1% during the 3rd quarter. Quarry LP now owns 1,388 shares of the company’s stock valued at $33,000 after acquiring an additional 1,251 shares during the period. Security National Bank bought a new stake in Upbound Group during the 3rd quarter valued at $57,000. GAMMA Investing LLC lifted its position in shares of Upbound Group by 44.7% during the third quarter. GAMMA Investing LLC now owns 3,787 shares of the company’s stock worth $89,000 after acquiring an additional 1,170 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Upbound Group during the second quarter worth $95,000. Institutional investors own 90.30% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on UPBD shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Upbound Group in a research report on Friday. Wall Street Zen upgraded Upbound Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Zacks Research lowered Upbound Group from a “hold” rating to a “strong sell” rating in a report on Thursday, February 12th. Finally, TD Cowen reiterated a “buy” rating on shares of Upbound Group in a research report on Thursday, January 8th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $32.25.
Upbound Group Trading Down 0.3%
Shares of Upbound Group stock opened at $18.01 on Tuesday. The company has a debt-to-equity ratio of 2.26, a current ratio of 2.92 and a quick ratio of 0.78. 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 $1.05 billion, a PE ratio of 14.52 and a beta of 1.81. The company has a 50 day simple moving average of $19.62 and a two-hundred day simple moving average of $19.96.
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, topping analysts’ consensus estimates of $0.97 by $0.04. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.17 billion. Upbound Group had a net margin of 1.56% and a return on equity of 35.23%. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Analysts expect that Upbound Group, Inc. will post 4.28 earnings per share for the current fiscal year.
Upbound Group Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 28th. Investors of record on Tuesday, April 7th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Tuesday, April 7th. Upbound Group’s dividend payout ratio is currently 125.81%.
Insiders Place Their Bets
In other news, Director Jeffrey J. Brown purchased 2,502 shares of the stock in a transaction on Tuesday, January 6th. The shares were acquired at an average price of $17.68 per share, for a total transaction of $44,235.36. Following the completion of the transaction, 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 acquisition was disclosed in a filing with the SEC, which is available through this link. 2.60% of the stock is owned by insiders.
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.
Further Reading
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