Upbound Group, Inc. $UPBD Shares Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd increased its position in shares of Upbound Group, Inc. (NASDAQ:UPBD) by 56.0% in the 1st quarter, HoldingsChannel reports. The firm owned 150,195 shares of the company’s stock after purchasing an additional 53,918 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Upbound Group were worth $2,711,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC purchased a new stake in Upbound Group in the 3rd quarter valued at approximately $32,000. Quarry LP lifted its holdings in shares of 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 buying an additional 1,251 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of Upbound Group by 238.3% in the 4th quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock valued at $25,000 after buying an additional 1,020 shares during the period. Public Employees Retirement System of Ohio boosted its stake in shares of Upbound Group by 18.7% in the fourth quarter. Public Employees Retirement System of Ohio now owns 3,400 shares of the company’s stock valued at $60,000 after buying an additional 535 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Upbound Group in the second quarter valued at approximately $95,000. Institutional investors and hedge funds own 90.30% of the company’s stock.

Analyst Upgrades and Downgrades

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

Insider Activity at Upbound Group

In other Upbound Group news, Director Jeffrey J. Brown acquired 2,329 shares of the stock in a transaction that occurred on Tuesday, April 28th. The shares were purchased at an average cost of $19.41 per share, with a total value of $45,205.89. Following the purchase, the director owned 94,840 shares in the company, valued at approximately $1,840,844.40. The trade was a 2.52% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.60% of the stock is owned by corporate insiders.

Upbound Group Stock Performance

NASDAQ UPBD opened at $20.51 on Wednesday. Upbound Group, Inc. has a 1-year low of $15.82 and a 1-year high of $28.02. The company has a market capitalization of $1.20 billion, a P/E ratio of 14.34 and a beta of 1.79. The business has a 50 day moving average price of $18.77 and a 200 day moving average price of $19.01. The company has a debt-to-equity ratio of 2.01, a current ratio of 3.06 and a quick ratio of 0.88.

Upbound Group (NASDAQ:UPBD) last posted its earnings results on Thursday, April 30th. The company reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.02. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. Upbound Group had a return on equity of 35.56% and a net margin of 1.78%.Upbound Group’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.00 earnings per share. 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. Sell-side analysts expect that Upbound Group, Inc. will post 4.15 EPS for the current fiscal year.

Upbound Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, June 16th were given a $0.39 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $1.56 annualized dividend and a dividend yield of 7.6%. Upbound Group’s payout ratio is currently 109.09%.

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.