Upbound Group, Inc. $UPBD Shares Bought by Cwm LLC

Cwm LLC increased its stake in Upbound Group, Inc. (NASDAQ:UPBD) by 578.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,763 shares of the company’s stock after acquiring an additional 10,883 shares during the period. Cwm LLC’s holdings in Upbound Group were worth $320,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UPBD. TD Private Client Wealth LLC boosted its stake in Upbound Group by 59.9% during the 1st quarter. TD Private Client Wealth LLC now owns 1,311 shares of the company’s stock valued at $31,000 after purchasing an additional 491 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Upbound Group by 414.1% in the second quarter. GAMMA Investing LLC now owns 2,617 shares of the company’s stock valued at $66,000 after buying an additional 2,108 shares during the period. Advisors Asset Management Inc. boosted its stake in Upbound Group by 179.4% during the first quarter. Advisors Asset Management Inc. now owns 3,912 shares of the company’s stock valued at $94,000 after buying an additional 2,512 shares in the last quarter. MQS Management LLC acquired a new position in Upbound Group during the first quarter worth about $202,000. Finally, Blueshift Asset Management LLC acquired a new position in Upbound Group during the first quarter worth about $204,000. Institutional investors own 90.30% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on UPBD. BTIG Research restated a “buy” rating and set a $40.00 price objective on shares of Upbound Group in a research report on Tuesday, September 16th. Weiss Ratings restated a “hold (c)” rating on shares of Upbound Group in a report on Friday. Loop Capital upgraded Upbound Group from a “hold” rating to a “buy” rating and set a $36.00 price objective for the company in a research report on Monday, September 15th. Finally, Wall Street Zen lowered Upbound Group from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $37.25.

Insider Transactions at Upbound Group

In related news, Director Jeffrey J. Brown acquired 1,951 shares of the company’s stock in a transaction on Tuesday, October 21st. The shares were purchased at an average price of $22.27 per share, for a total transaction of $43,448.77. Following the purchase, the director owned 90,965 shares in the company, valued at $2,025,790.55. This represents a 2.19% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Ralph T. Montrone sold 6,000 shares of Upbound Group stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $25.23, for a total transaction of $151,380.00. Following the sale, the executive vice president directly owned 49,123 shares of the company’s stock, 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. 2.60% of the stock is owned by corporate insiders.

Upbound Group Trading Down 0.0%

Upbound Group stock opened at $22.73 on Monday. Upbound Group, Inc. has a 52 week low of $19.65 and a 52 week high of $36.00. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.83 and a current ratio of 3.11. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 12.77 and a beta of 1.77. The company has a 50 day moving average price of $24.08 and a 200 day moving average price of $23.84.

Upbound Group (NASDAQ:UPBD) last announced its earnings results on Thursday, July 31st. The company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.07. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.14 billion. Upbound Group had a net margin of 2.28% and a return on equity of 36.26%. The company’s revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.04 EPS. Upbound Group has set its FY 2025 guidance at 4.050-4.40 EPS. Q3 2025 guidance at 0.950-1.05 EPS. Research analysts forecast that Upbound Group, Inc. will post 4.28 EPS for the current year.

Upbound Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend was Tuesday, September 30th. Upbound Group’s payout ratio is 87.64%.

Upbound Group 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.