Venture Visionary Partners LLC Boosts Position in Upbound Group, Inc. $UPBD

Key Points

• Venture Visionary Partners increased its Upbound Group position by 72.8% in the third quarter to 157,858 shares valued at approximately $2.48 million. Institutional investors collectively own 90.3% of the company.
• Upbound Group reported quarterly EPS of $1.07, beating estimates by $0.02, while revenue reached $1.16 billion. The company declared a $0.39 quarterly dividend, representing a 10.0% yield and a payout ratio above 100%.
• UPBD shares opened at $15.62, near their 52-week low, and analysts assign the stock an average “Hold” rating with a $27.50 target price. Recent ratings were mixed, including a BTIG downgrade to “Neutral” and upgrades from Wall Street Zen and Zacks Research.

Venture Visionary Partners LLC raised its holdings in Upbound Group, Inc. (NASDAQ:UPBD - Free Report) by 72.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 157,858 shares of the company's stock after acquiring an additional 66,491 shares during the quarter. Venture Visionary Partners LLC owned approximately 0.27% of Upbound Group worth $2,478,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of UPBD. BlackRock Inc. bought a new stake in shares of Upbound Group in the second quarter worth $194,216,000. Ieq Capital LLC bought a new position in Upbound Group during the 2nd quarter worth $37,565,000. Bank of New York Mellon Corp bought a new position in Upbound Group during the 2nd quarter worth $18,862,000. Huber Capital Management LLC lifted its holdings in Upbound Group by 80.2% during the 4th quarter. Huber Capital Management LLC now owns 1,739,045 shares of the company's stock worth $30,538,000 after buying an additional 773,775 shares during the period. Finally, Pacer Advisors Inc. bought a new stake in shares of Upbound Group in the 1st quarter valued at about $7,455,000. Institutional investors own 90.30% of the company's stock.

Upbound Group Stock Up 1.7%

Shares of NASDAQ:UPBD opened at $15.62 on Thursday. Upbound Group, Inc. has a 1 year low of $14.98 and a 1 year high of $23.98. The company has a debt-to-equity ratio of 1.94, a current ratio of 3.22 and a quick ratio of 0.97. The business's 50-day moving average is $18.18 and its 200-day moving average is $18.81. The company has a market capitalization of $910.65 million, a price-to-earnings ratio of 10.14 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 EPS for the quarter, topping 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 business had revenue of $1.16 billion during the quarter, compared to analysts' expectations of $1.16 billion. During the same quarter last year, the firm posted $1.12 earnings per share. The firm's 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. Equities research analysts predict that Upbound Group, Inc. will post 4.15 earnings per share for the current year.

Upbound Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 27th. Stockholders of record on Tuesday, October 6th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $1.56 annualized dividend and a dividend yield of 10.0%. Upbound Group's dividend payout ratio (DPR) is 101.30%.

Analyst Ratings Changes

UPBD has been the subject of a number of analyst reports. Weiss Ratings downgraded Upbound Group from a "hold (c)" rating to a "hold (c-)" rating in a research report on Monday, September 21st. Wall Street Zen upgraded Upbound Group from a "hold" rating to a "buy" rating in a report on Saturday, October 3rd. BTIG Research downgraded 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. Zacks Research upgraded shares of Upbound Group from a "strong sell" rating to a "hold" rating in a report on Monday, September 28th. Finally, TD Cowen dropped their price target on shares of Upbound Group from $28.00 to $27.00 and set a "buy" rating on the stock in a research report on Tuesday. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $27.50.

Insider Buying and Selling at Upbound Group

In related news, 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 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 Securities & Exchange Commission, which is available at the SEC website. 1.20% of the stock is owned by corporate insiders.

Upbound Group Company 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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