Horizon Investments LLC Acquires Shares of 34,769 Upbound Group, Inc. $UPBD

Horizon Investments LLC acquired a new stake in shares of Upbound Group, Inc. (NASDAQ:UPBD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 34,769 shares of the company’s stock, valued at approximately $611,000.

A number of other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Upbound Group by 3.4% during the 4th quarter. Vanguard Group Inc. now owns 7,132,443 shares of the company’s stock valued at $125,246,000 after purchasing an additional 231,293 shares in the last quarter. Range Financial Group LLC acquired a new stake in Upbound Group during the 4th quarter valued at approximately $1,332,000. Exchange Traded Concepts LLC grew its stake in Upbound Group by 38.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 14,423 shares of the company’s stock valued at $253,000 after purchasing an additional 4,032 shares in the last quarter. Fiduciary Financial Group LLC acquired a new stake in Upbound Group during the 4th quarter valued at approximately $313,000. Finally, SG Americas Securities LLC grew its stake in Upbound Group by 70.9% during the 4th quarter. SG Americas Securities LLC now owns 27,031 shares of the company’s stock valued at $475,000 after purchasing an additional 11,215 shares in the last quarter. Institutional investors and hedge funds own 90.30% of the company’s stock.

Analyst Ratings Changes

UPBD has been the subject of a number of recent analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Upbound Group in a research note on Friday, March 27th. Zacks Research upgraded Upbound Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Wall Street Zen upgraded Upbound Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Upbound Group presently has a consensus rating of “Moderate Buy” and an average price target of $31.33.

Upbound Group Price Performance

Shares of UPBD opened at $18.78 on Friday. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 13.13 and a beta of 1.83. The stock has a 50 day moving average of $18.96 and a 200-day moving average of $19.08. The company has a current ratio of 3.06, a quick ratio of 0.78 and a debt-to-equity ratio of 2.01. Upbound Group, Inc. has a 52 week low of $15.82 and a 52 week high of $28.02.

Upbound Group (NASDAQ:UPBD) last issued its earnings results on Thursday, April 30th. The company reported $1.08 EPS for the quarter, topping the consensus estimate of $1.06 by $0.02. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.23 billion. Upbound Group had a return on equity of 35.56% and a net margin of 1.78%.The business’s revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.00 EPS. 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. As a group, analysts forecast that Upbound Group, Inc. will post 4.15 EPS for the current year.

Upbound Group Dividend Announcement

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

Insider Activity at Upbound Group

In other news, Director Jeffrey J. Brown bought 2,329 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The stock was bought at an average price of $19.41 per share, for a total transaction of $45,205.89. Following the transaction, the director owned 94,840 shares in the company, valued at $1,840,844.40. The trade was a 2.52% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 2.60% of the company’s stock.

Upbound Group 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.