Upbound Group, Inc. $UPBD is Huber Capital Management LLC’s 4th Largest Position

Huber Capital Management LLC boosted its holdings in Upbound Group, Inc. (NASDAQ:UPBD) by 80.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,739,045 shares of the company’s stock after acquiring an additional 773,775 shares during the quarter. Upbound Group accounts for approximately 4.5% of Huber Capital Management LLC’s investment portfolio, making the stock its 4th biggest holding. Huber Capital Management LLC’s holdings in Upbound Group were worth $30,538,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Wellington Management Group LLP boosted its holdings in Upbound Group by 60.3% in the 3rd quarter. Wellington Management Group LLP now owns 1,255,874 shares of the company’s stock valued at $29,676,000 after purchasing an additional 472,550 shares during the period. Lido Advisors LLC bought a new position in Upbound Group in the 3rd quarter valued at $8,681,000. Bridgeway Capital Management LLC bought a new position in Upbound Group in the 3rd quarter valued at $7,781,000. Goldman Sachs Group Inc. boosted its holdings in Upbound Group by 55.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 726,944 shares of the company’s stock valued at $12,765,000 after purchasing an additional 258,342 shares during the period. Finally, State Street Corp boosted its holdings in Upbound Group by 11.4% in the 4th quarter. State Street Corp now owns 2,410,524 shares of the company’s stock valued at $43,220,000 after purchasing an additional 246,146 shares during the period. 90.30% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

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

Upbound Group Stock Performance

NASDAQ UPBD opened at $18.94 on Friday. Upbound Group, Inc. has a 52-week low of $15.82 and a 52-week high of $28.02. 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 $1.10 billion, a P/E ratio of 13.24 and a beta of 1.80. The company has a fifty day moving average of $18.53 and a 200-day moving average of $18.85.

Upbound Group (NASDAQ:UPBD) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.08 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the previous year, the firm posted $1.00 EPS. The firm’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. As a group, equities research analysts predict that Upbound Group, Inc. will post 4.15 EPS for the current fiscal year.

Upbound Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 16th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend is Tuesday, June 16th. Upbound Group’s payout ratio is currently 109.09%.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Zacks Research raised shares of Upbound Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 20th. Wall Street Zen raised shares of Upbound Group from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Upbound Group in a report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $31.33.

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.