Amundi Grows Stock Holdings in Upbound Group, Inc. $UPBD

Amundi grew its holdings in Upbound Group, Inc. (NASDAQ:UPBD) by 86.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 104,506 shares of the company’s stock after acquiring an additional 48,347 shares during the period. Amundi’s holdings in Upbound Group were worth $2,290,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. TD Private Client Wealth LLC boosted its holdings in shares of Upbound Group by 59.9% in the 1st quarter. TD Private Client Wealth LLC now owns 1,311 shares of the company’s stock valued at $31,000 after acquiring an additional 491 shares during the last quarter. CWM LLC boosted its holdings in shares of Upbound Group by 35.5% in the 1st quarter. CWM LLC now owns 1,880 shares of the company’s stock valued at $45,000 after acquiring an additional 493 shares during the last quarter. Louisiana State Employees Retirement System boosted its holdings in shares of Upbound Group by 2.6% in the 1st quarter. Louisiana State Employees Retirement System now owns 24,100 shares of the company’s stock valued at $577,000 after acquiring an additional 600 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in Upbound Group by 2.5% during the first quarter. State of Alaska Department of Revenue now owns 28,301 shares of the company’s stock worth $678,000 after buying an additional 692 shares in the last quarter. Finally, Walleye Capital LLC boosted its holdings in Upbound Group by 10.0% during the first quarter. Walleye Capital LLC now owns 9,819 shares of the company’s stock worth $235,000 after buying an additional 893 shares in the last quarter. 90.30% of the stock is owned by hedge funds and other institutional investors.

Upbound Group Stock Performance

NASDAQ:UPBD opened at $25.52 on Friday. 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 company has a fifty day moving average of $24.44 and a two-hundred day moving average of $24.03. The stock has a market capitalization of $1.48 billion, a PE ratio of 14.34 and a beta of 1.77. Upbound Group, Inc. has a fifty-two week low of $19.65 and a fifty-two week 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, topping analysts’ consensus estimates of $1.05 by $0.07. The company had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Upbound Group had a net margin of 2.28% and a return on equity of 36.26%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.04 earnings per share. Upbound Group has set its FY 2025 guidance at 4.050-4.40 EPS. Q3 2025 guidance at 0.950-1.05 EPS. As a group, research analysts forecast that Upbound Group, Inc. will post 4.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Upbound Group from a “hold” rating to a “buy” rating in a report on Saturday, August 30th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $34.50.

Insiders Place Their Bets

In related news, Director Jeffrey J. Brown acquired 1,653 shares of Upbound Group stock in a transaction on Tuesday, July 8th. The stock was bought at an average cost of $25.90 per share, for a total transaction of $42,812.70. Following the completion of the transaction, the director owned 89,400 shares of the company’s stock, valued at approximately $2,315,460. The trade was a 1.88% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 2.60% of the company’s stock.

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.