Inspire Investing LLC Has $344,000 Position in Upbound Group, Inc. $UPBD

Inspire Investing LLC increased its stake in shares of Upbound Group, Inc. (NASDAQ:UPBD) by 3.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,338 shares of the company’s stock after purchasing an additional 540 shares during the quarter. Inspire Investing LLC’s holdings in Upbound Group were worth $344,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. TD Private Client Wealth LLC boosted its holdings in shares of Upbound Group by 59.9% during the first quarter. TD Private Client Wealth LLC now owns 1,311 shares of the company’s stock worth $31,000 after purchasing an additional 491 shares during the period. CWM LLC boosted its holdings in shares of Upbound Group by 35.5% during the first quarter. CWM LLC now owns 1,880 shares of the company’s stock worth $45,000 after purchasing an additional 493 shares during the period. Advisors Asset Management Inc. boosted its holdings in shares of Upbound Group by 179.4% during the first quarter. Advisors Asset Management Inc. now owns 3,912 shares of the company’s stock worth $94,000 after purchasing an additional 2,512 shares during the period. Palouse Capital Management Inc. boosted its holdings in shares of Upbound Group by 64.3% during the first quarter. Palouse Capital Management Inc. now owns 6,623 shares of the company’s stock worth $159,000 after purchasing an additional 2,592 shares during the period. Finally, MQS Management LLC acquired a new stake in shares of Upbound Group during the first quarter worth approximately $202,000. 90.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Jeffrey J. Brown purchased 1,653 shares of the company’s stock in a transaction dated Tuesday, July 8th. The shares were bought at an average price of $25.90 per share, with a total value of $42,812.70. Following the completion of the transaction, the director directly owned 89,400 shares in the company, valued at $2,315,460. This trade represents a 1.88% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ralph T. Montrone sold 6,000 shares of the business’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $25.23, for a total transaction of $151,380.00. Following the transaction, the executive vice president directly owned 49,123 shares in the company, valued at $1,239,373.29. This trade represents a 10.88% decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. BTIG Research restated a “buy” rating and set a $40.00 price target on shares of Upbound Group in a report on Tuesday. Loop Capital raised shares of Upbound Group from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a research report on Monday. Finally, Wall Street Zen raised shares of Upbound Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 30th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $36.80.

Upbound Group Trading Up 1.0%

NASDAQ:UPBD opened at $27.35 on Wednesday. Upbound Group, Inc. has a 12 month low of $19.65 and a 12 month high of $36.00. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 15.37 and a beta of 1.77. The company has a quick ratio of 0.83, a current ratio of 3.11 and a debt-to-equity ratio of 2.29. The company’s 50 day moving average is $24.45 and its 200-day moving average is $24.01.

Upbound Group (NASDAQ:UPBD) last released its quarterly earnings results on Thursday, July 31st. The company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.07. Upbound Group had a net margin of 2.28% and a return on equity of 36.26%. The company had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the firm posted $1.04 earnings per share. 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. Equities analysts anticipate that Upbound Group, Inc. will post 4.28 EPS for the current year.

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.