Upbound Group, Inc. $UPBD Shares Newly Bought by CX Institutional

Key Points

• CX Institutional acquired 294,173 Upbound Group shares worth approximately $4.6 million, giving it a 0.50% stake. Institutional investors and hedge funds collectively own 90.3% of the company.
• Upbound Group reported quarterly EPS of $1.07, slightly above analyst expectations, on revenue of $1.16 billion. The company reaffirmed fiscal 2026 EPS guidance of $4.00–$4.35.
• The company declared a quarterly dividend of $0.39 per share, equivalent to a 9.8% annualized yield, while analysts maintain a consensus “Hold” rating and a $28 price target.

CX Institutional bought a new position in shares of Upbound Group, Inc. (NASDAQ:UPBD - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 294,173 shares of the company's stock, valued at approximately $4,619,000. CX Institutional owned approximately 0.50% of Upbound Group as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. WINTON GROUP Ltd acquired a new stake in Upbound Group in the second quarter valued at approximately $524,000. Engineers Gate Manager LP lifted its position in shares of Upbound Group by 62.0% during the 2nd quarter. Engineers Gate Manager LP now owns 58,810 shares of the company's stock valued at $1,248,000 after buying an additional 22,500 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Upbound Group during the 2nd quarter valued at approximately $76,000. IFP Advisors Inc grew its stake in Upbound Group by 299.3% in the 2nd quarter. IFP Advisors Inc now owns 1,214 shares of the company's stock valued at $26,000 after acquiring an additional 910 shares during the period. Finally, Allworth Financial LP grew its stake in Upbound Group by 223.5% in the 2nd quarter. Allworth Financial LP now owns 2,352 shares of the company's stock valued at $50,000 after acquiring an additional 1,625 shares during the period. 90.30% of the stock is currently owned by institutional investors and hedge funds.

Upbound Group Stock Performance

Shares of UPBD stock opened at $15.91 on Friday. Upbound Group, Inc. has a 52 week low of $15.13 and a 52 week high of $23.98. The firm has a 50 day moving average of $18.51 and a two-hundred day moving average of $18.85. The company has a quick ratio of 0.97, a current ratio of 3.22 and a debt-to-equity ratio of 1.94. The stock has a market capitalization of $927.55 million, a PE ratio of 10.33 and a beta of 1.78.

Upbound Group (NASDAQ:UPBD - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $1.16 billion. During the same period last year, the business posted $1.12 earnings per share. Upbound Group's revenue was up .5% compared to the same quarter last year. 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. On average, research analysts predict that Upbound Group, Inc. will post 4.15 EPS for the current fiscal year.

Upbound Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 27th. Investors of record on Tuesday, October 6th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date is Tuesday, October 6th. Upbound Group's dividend payout ratio is presently 101.30%.

Insider Activity at Upbound Group

In other Upbound Group news, EVP Anthony Blasquez sold 10,000 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 43,717 shares in the company, valued at $824,065.45. The trade was a 18.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jeffrey Brown acquired 2,295 shares of Upbound Group stock in a transaction dated Tuesday, July 7th. The stock was purchased at an average price of $20.09 per share, for a total transaction of $46,106.55. Following the completion of the acquisition, the director directly owned 96,681 shares in the company, valued at approximately $1,942,321.29. This represents a 2.43% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on UPBD shares. Weiss Ratings lowered shares of Upbound Group from a "hold (c)" rating to a "hold (c-)" rating in a research report on Monday, September 21st. Wall Street Zen upgraded shares of Upbound Group from a "hold" rating to a "buy" rating in a research report on Saturday. BTIG Research lowered shares of Upbound Group from a "buy" rating to a "neutral" rating and set a $28.00 price target on the stock. in a research note on Friday, July 31st. Zacks Research upgraded Upbound Group from a "strong sell" rating to a "hold" rating in a report on Monday, September 28th. Finally, TD Cowen cut their price objective on Upbound Group from $29.00 to $28.00 and set a "buy" rating for the company in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $28.00.

Upbound Group Profile

Upbound Group, Inc is a provider of branded leasing and alternative-purchase solutions for consumers. The company operates through a network of stores and digital channels, offering access to products such as furniture, appliances, consumer electronics, computers, smartphones and other household merchandise through lease-to-own and related payment arrangements.

Its principal brands include Rent-A-Center, which provides lease-to-own products through company-operated and franchised locations, and Acima, a technology-enabled point-of-sale leasing platform that connects consumers with participating retail merchants.

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