Upbound Group (NASDAQ:UPBD) EVP Sells $188,500.00 in Stock

Upbound Group, Inc. (NASDAQ:UPBD) EVP Anthony Blasquez sold 10,000 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $18.85, for a total transaction of $188,500.00. Following the transaction, the executive vice president owned 43,717 shares of the company’s stock, valued at $824,065.45. This trade represents a 18.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Upbound Group Price Performance

Shares of Upbound Group stock traded up $0.08 during trading on Wednesday, hitting $19.44. The stock had a trading volume of 654,545 shares, compared to its average volume of 887,242. The company has a current ratio of 3.22, a quick ratio of 0.97 and a debt-to-equity ratio of 1.94. Upbound Group, Inc. has a 12 month low of $15.82 and a 12 month high of $28.02. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 12.62 and a beta of 1.79. The business’s 50-day moving average is $20.10 and its 200 day moving average is $19.40.

Upbound Group (NASDAQ:UPBD) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.02. Upbound Group had a return on equity of 34.53% and a net margin of 1.90%.The company had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same quarter last year, the company earned $1.12 earnings per share. The firm’s quarterly revenue was up .5% on a year-over-year basis. Upbound Group has set its FY 2026 guidance at 4.000-4.350 EPS and its Q3 2026 guidance at 0.850-0.950 EPS. As a group, sell-side analysts anticipate that Upbound Group, Inc. will post 4.15 earnings per share for the current year.

Upbound Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 16th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date was Tuesday, June 16th. Upbound Group’s dividend payout ratio (DPR) is 101.30%.

Hedge Funds Weigh In On Upbound Group

Hedge funds and other institutional investors have recently modified their holdings of the company. Hantz Financial Services Inc. increased its position in shares of Upbound Group by 238.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock valued at $25,000 after purchasing an additional 1,020 shares during the last quarter. Quarry LP lifted its position in Upbound Group by 913.1% in the 3rd quarter. Quarry LP now owns 1,388 shares of the company’s stock worth $33,000 after buying an additional 1,251 shares during the last quarter. Quantbot Technologies LP bought a new stake in Upbound Group in the 2nd quarter worth approximately $46,000. Allworth Financial LP purchased a new stake in Upbound Group in the second quarter worth approximately $50,000. Finally, Public Employees Retirement System of Ohio boosted its stake in 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 worth $60,000 after buying an additional 535 shares in the last quarter. 90.30% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on UPBD shares. Zacks Research cut shares of Upbound Group from a “hold” rating to a “strong sell” rating in a research report on Monday, August 3rd. BTIG Research lowered shares of Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 target price for the company. in a research report on Friday, July 31st. Weiss Ratings reissued a “hold (c-)” rating on shares of Upbound Group in a research note on Wednesday, June 24th. TD Cowen decreased their price target on shares of Upbound Group from $29.00 to $28.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Finally, Wall Street Zen cut shares of Upbound Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $30.67.

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.