TrueMark Investments LLC Sells 190,239 Shares of Upbound Group, Inc. $UPBD

TrueMark Investments LLC reduced its stake in Upbound Group, Inc. (NASDAQ:UPBD) by 92.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 15,541 shares of the company’s stock after selling 190,239 shares during the quarter. TrueMark Investments LLC’s holdings in Upbound Group were worth $273,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of UPBD. The Manufacturers Life Insurance Company grew its stake in shares of Upbound Group by 1.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 25,705 shares of the company’s stock worth $645,000 after acquiring an additional 482 shares in the last quarter. Amalgamated Bank boosted its holdings in Upbound Group by 3.4% during the third quarter. Amalgamated Bank now owns 15,275 shares of the company’s stock worth $361,000 after purchasing an additional 509 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in Upbound Group by 18.2% during the second quarter. Advisors Asset Management Inc. now owns 4,625 shares of the company’s stock worth $116,000 after purchasing an additional 713 shares during the last quarter. Olympiad Research LP grew its position in Upbound Group by 8.7% in the 3rd quarter. Olympiad Research LP now owns 10,543 shares of the company’s stock worth $249,000 after purchasing an additional 840 shares in the last quarter. Finally, Alliancebernstein L.P. grew its position in Upbound Group by 1.3% in the 3rd quarter. Alliancebernstein L.P. now owns 72,428 shares of the company’s stock worth $1,711,000 after purchasing an additional 900 shares in the last quarter. 90.30% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

UPBD has been the topic of several recent analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Upbound Group in a research report on Friday. TD Cowen reaffirmed a “buy” rating on shares of Upbound Group in a research report on Thursday, January 8th. Zacks Research lowered Upbound Group from a “hold” rating to a “strong sell” rating in a report on Thursday, February 12th. Finally, Wall Street Zen raised Upbound Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $32.25.

Insider Activity at Upbound Group

In other news, Director Jeffrey J. Brown purchased 2,502 shares of the business’s stock in a transaction dated Tuesday, January 6th. The stock was bought at an average price of $17.68 per share, for a total transaction of $44,235.36. Following the purchase, the director owned 92,972 shares of the company’s stock, valued at $1,643,744.96. The trade was a 2.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.60% of the stock is owned by corporate insiders.

Upbound Group Stock Down 0.3%

Upbound Group stock opened at $18.01 on Tuesday. The firm has a 50 day moving average price of $19.62 and a 200-day moving average price of $19.96. 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, Inc. has a twelve month low of $15.82 and a twelve month high of $28.02. The company has a market capitalization of $1.05 billion, a P/E ratio of 14.52 and a beta of 1.81.

Upbound Group (NASDAQ:UPBD) last posted 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. Upbound Group had a net margin of 1.56% and a return on equity of 35.23%. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the previous year, the firm posted $1.05 EPS. Upbound Group’s revenue was up 10.8% on a year-over-year basis. 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. As a group, equities analysts predict that Upbound Group, Inc. will post 4.28 EPS for the current year.

Upbound Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 28th. Stockholders of record on Tuesday, April 7th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend 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%.

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.