Deutsche Bank AG Has $1.06 Million Holdings in Upbound Group, Inc. $UPBD

Deutsche Bank AG reduced its position in Upbound Group, Inc. (NASDAQ:UPBD) by 7.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,172 shares of the company’s stock after selling 3,498 shares during the quarter. Deutsche Bank AG owned approximately 0.08% of Upbound Group worth $1,058,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. GAMMA Investing LLC lifted its position in shares of Upbound Group by 5,179.7% during the 1st quarter. GAMMA Investing LLC now owns 12,196 shares of the company’s stock worth $292,000 after buying an additional 11,965 shares during the period. SG Americas Securities LLC raised its stake in Upbound Group by 209.8% during the first quarter. SG Americas Securities LLC now owns 46,796 shares of the company’s stock worth $1,121,000 after acquiring an additional 31,693 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Upbound Group by 7.2% during the first quarter. Principal Financial Group Inc. now owns 255,244 shares of the company’s stock valued at $6,116,000 after acquiring an additional 17,237 shares during the period. Canaan Partners XI LLC acquired a new stake in shares of Upbound Group in the 1st quarter valued at $930,000. Finally, Rhumbline Advisers boosted its stake in shares of Upbound Group by 3.2% in the 1st quarter. Rhumbline Advisers now owns 148,921 shares of the company’s stock valued at $3,568,000 after purchasing an additional 4,621 shares in the last quarter. Institutional investors and hedge funds own 90.30% of the company’s stock.

Upbound Group Stock Performance

Upbound Group stock opened at $25.23 on Monday. The stock has a 50-day simple moving average of $24.34 and a 200 day simple moving average of $24.31. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 14.17 and a beta of 1.74. The company has a quick ratio of 0.83, a current ratio of 3.11 and a debt-to-equity ratio of 2.29. Upbound Group, Inc. has a 12-month low of $19.65 and a 12-month high of $36.00.

Upbound Group (NASDAQ:UPBD) last posted its quarterly earnings data on Thursday, July 31st. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.07. Upbound Group had a net margin of 2.28% and a return on equity of 36.26%. The firm had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter last year, the company posted $1.04 EPS. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. Upbound Group has set its FY 2025 guidance at 4.050-4.40 EPS. Q3 2025 guidance at 0.950-1.05 EPS. On average, research analysts anticipate that Upbound Group, Inc. will post 4.28 earnings per share for the current fiscal year.

Upbound Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 8th. Investors of record on Tuesday, June 17th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 6.2%. The ex-dividend date was Tuesday, June 17th. Upbound Group’s payout ratio is 87.64%.

Insider Transactions at Upbound Group

In other news, Director Jeffrey J. Brown acquired 1,653 shares of the firm’s stock in a transaction on Tuesday, July 8th. The shares were purchased at an average cost of $25.90 per share, for a total transaction of $42,812.70. Following the transaction, the director owned 89,400 shares of the company’s stock, valued at approximately $2,315,460. This represents a 1.88% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Raymond James Financial reiterated an “outperform” rating and set a $35.00 target price (down previously from $40.00) on shares of Upbound Group in a research report on Friday, May 2nd. Wall Street Zen lowered shares of Upbound Group from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $34.50.

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.