Upbound Group, Inc. $UPBD Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al reduced its stake in shares of Upbound Group, Inc. (NASDAQ:UPBD) by 46.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,600 shares of the company’s stock after selling 40,000 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.08% of Upbound Group worth $818,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. FNY Investment Advisers LLC acquired a new position in shares of Upbound Group during the 3rd quarter worth approximately $32,000. Quarry LP raised its stake in 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 purchasing an additional 1,251 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in Upbound Group in the 2nd quarter valued at about $95,000. Tower Research Capital LLC TRC raised its stake in Upbound Group by 47.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,891 shares of the company’s stock valued at $123,000 after purchasing an additional 1,574 shares during the last quarter. Finally, Virtus Advisers LLC acquired a new position in Upbound Group in the 3rd quarter valued at about $130,000. 90.30% of the stock is currently owned by institutional investors and hedge funds.

Upbound Group Price Performance

Shares of NASDAQ:UPBD opened at $17.13 on Monday. The company has a 50 day moving average of $18.55 and a two-hundred day moving average of $18.87. The company has a quick ratio of 0.88, a current ratio of 3.06 and a debt-to-equity ratio of 2.01. The company has a market capitalization of $998.51 million, a price-to-earnings ratio of 11.98 and a beta of 1.83. Upbound Group, Inc. has a 52-week low of $15.82 and a 52-week high of $28.02.

Upbound Group (NASDAQ:UPBD) last announced its earnings results on Thursday, April 30th. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.02. The company had revenue of $1.22 billion during 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%.The company’s revenue was up 3.7% on a year-over-year basis. During the same period last year, the firm 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. As a group, analysts forecast that Upbound Group, Inc. will post 4.15 earnings per share for the current fiscal year.

Upbound Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 7th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 9.1%. The ex-dividend date was Tuesday, April 7th. Upbound Group’s dividend payout ratio (DPR) is 109.09%.

Insider Buying and Selling

In other Upbound Group news, Director Jeffrey J. Brown bought 2,329 shares of the stock in a transaction on Tuesday, April 28th. The stock was purchased at an average price of $19.41 per share, for a total transaction of $45,205.89. Following the completion of the purchase, the director directly owned 94,840 shares in the company, valued at approximately $1,840,844.40. This trade represents a 2.52% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.60% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Wall Street Zen raised shares of Upbound Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Zacks Research upgraded Upbound Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Upbound Group in a research note on Friday, March 27th. 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.33.

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.