Squarepoint Ops LLC Has $989,000 Stock Holdings in Upbound Group, Inc. $UPBD

Key Points

• Squarepoint Ops LLC cut its Upbound Group stake by 68.5% in the second quarter, retaining 46,588 shares valued at approximately $989,000. Institutional investors and hedge funds collectively own 90.3% of the company.
• Upbound Group reported quarterly earnings of $1.07 per share, exceeding estimates of $1.05, while revenue reached $1.16 billion and increased 0.5% year over year. The company guided to fiscal 2026 EPS of $4.00–$4.35.
• UPBD shares opened at $17.66, near the lower end of their 12-month range, while analyst sentiment remained mixed with a consensus “Hold” rating and an average price target of $28.00.

Squarepoint Ops LLC trimmed its holdings in Upbound Group, Inc. (NASDAQ:UPBD - Free Report) by 68.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,588 shares of the company's stock after selling 101,363 shares during the quarter. Squarepoint Ops LLC owned about 0.08% of Upbound Group worth $989,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Allworth Financial LP grew its holdings in Upbound Group by 223.5% during the 2nd quarter. Allworth Financial LP now owns 2,352 shares of the company's stock worth $50,000 after acquiring an additional 1,625 shares during the last quarter. Corient Private Wealth LP acquired a new stake in Upbound Group in the 2nd quarter valued at about $1,939,000. Amundi raised its stake in shares of Upbound Group by 111.1% in the second quarter. Amundi now owns 30,726 shares of the company's stock worth $652,000 after acquiring an additional 16,172 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Upbound Group in the second quarter worth about $380,000. Finally, Hsbc Holdings PLC lifted its position in shares of Upbound Group by 137.6% during the second quarter. Hsbc Holdings PLC now owns 39,836 shares of the company's stock worth $838,000 after purchasing an additional 23,073 shares in the last quarter. Institutional investors and hedge funds own 90.30% of the company's stock.

Insider Activity

In other news, Director Jeffrey J. Brown purchased 2,295 shares of the business's stock in a transaction that occurred on Tuesday, July 7th. The shares were acquired at an average cost of $20.09 per share, for a total transaction of $46,106.55. Following the transaction, the director directly owned 96,681 shares of the company's stock, valued at approximately $1,942,321.29. The trade was a 2.43% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, EVP Anthony J. Blasquez sold 10,000 shares of Upbound Group stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $18.85, for a total transaction of $188,500.00. Following the transaction, the executive vice president directly owned 43,717 shares in the company, valued at $824,065.45. The trade was a 18.62% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.20% of the stock is currently owned by insiders.

Upbound Group Stock Down 0.7%

Shares of Upbound Group stock opened at $17.66 on Friday. The business has a fifty day simple moving average of $19.70 and a 200 day simple moving average of $19.10. The stock has a market cap of $1.03 billion, a PE ratio of 11.47 and a beta of 1.77. The company has a quick ratio of 0.97, a current ratio of 3.22 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 $27.46.

Upbound Group (NASDAQ:UPBD - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.07 earnings per share 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 firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same quarter in the prior year, the firm posted $1.12 earnings per share. The company'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. Research analysts predict that Upbound Group, Inc. will post 4.15 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently weighed in on UPBD shares. BTIG Research lowered shares of Upbound Group from a "buy" rating to a "neutral" rating and set a $28.00 price target for the company. in a report on Friday, July 31st. Weiss Ratings raised Upbound Group from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, August 25th. TD Cowen decreased their price objective on Upbound Group from $29.00 to $28.00 and set a "buy" rating on the stock in a research report on Friday, July 31st. Wall Street Zen cut Upbound Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Finally, Zacks Research downgraded Upbound Group from a "hold" rating to a "strong sell" rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $28.00.

Upbound Group Profile

Upbound Group, Inc is a consumer leasing and retail services company headquartered in Plano, Texas. The company operates through two primary brands: Rent-A-Center, a lease-to-own provider, and Acima, a technology-enabled point-of-sale leasing platform. Its services are designed to give consumers access to household and consumer products through flexible leasing arrangements, including options that may not require traditional credit.

Rent-A-Center offers furniture, appliances, electronics, computers, smartphones and other durable goods through company-operated and franchised stores, as well as digital channels.

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