Upbound Group, Inc. $UPBD Shares Purchased by Banco Bilbao Vizcaya Argentaria S.A.

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Upbound Group by 80.6%, holding 44,638 shares valued at approximately $1.06 million as of the latest reporting period.
• Upbound Group reported $1.12 EPS for the quarter, exceeding analysts' expectations, and anticipates a full-year guidance of 4.050-4.40 EPS for FY 2025.
• Recently, Upbound Group declared a dividend of $0.39 per share, representing a 6.2% yield, with a payout ratio of 87.64%.

Banco Bilbao Vizcaya Argentaria S.A. raised its position in Upbound Group, Inc. (NASDAQ:UPBD - Free Report) by 80.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,638 shares of the company's stock after acquiring an additional 19,917 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A. owned approximately 0.08% of Upbound Group worth $1,060,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of UPBD. TD Private Client Wealth LLC grew its position in 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 in the last quarter. CWM LLC grew its position 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 buying an additional 493 shares in the last quarter. Palouse Capital Management Inc. grew its position 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 buying an additional 2,592 shares in the last quarter. MQS Management LLC purchased a new stake in shares of Upbound Group during the first quarter worth approximately $202,000. Finally, Blueshift Asset Management LLC purchased a new stake in shares of Upbound Group during the first quarter worth approximately $204,000. 90.30% of the stock is owned by institutional investors and hedge funds.

Upbound Group Stock Down 1.4%

Upbound Group stock traded down $0.38 during mid-day trading on Thursday, hitting $25.69. The company had a trading volume of 86,545 shares, compared to its average volume of 583,646. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 14.40 and a beta of 1.74. Upbound Group, Inc. has a 1 year low of $19.65 and a 1 year high of $36.00. 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 business has a fifty day moving average of $24.39 and a 200 day moving average of $24.30.

Upbound Group (NASDAQ:UPBD - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $1.12 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 analyst estimates 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 was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, sell-side analysts expect that Upbound Group, Inc. will post 4.28 earnings per share for the current fiscal year.

Upbound Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 8th. Shareholders of record on Tuesday, June 17th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 6.1%. The ex-dividend date was Tuesday, June 17th. Upbound Group's dividend payout ratio is currently 87.64%.

Insider Buying and Selling

In other news, Director Jeffrey J. Brown acquired 1,653 shares of the firm's stock in a transaction dated Tuesday, July 8th. The stock was acquired at an average cost of $25.90 per share, with a total value of $42,812.70. Following the completion of the acquisition, the director owned 89,400 shares of the company's stock, valued at $2,315,460. The trade was a 1.88% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on UPBD. Raymond James Financial restated an "outperform" rating and set a $35.00 target price (down from $40.00) on shares of Upbound Group in a research note on Friday, May 2nd. Wall Street Zen lowered shares of Upbound Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Upbound Group presently has a consensus 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.