EntryPoint Capital LLC Makes New $292,000 Investment in Upbound Group, Inc. $UPBD

Key Points

• EntryPoint Capital LLC invested approximately $292,000 in Upbound Group, Inc., acquiring 12,175 shares during the first quarter, according to their Form 13F filing.
• Upbound Group reported earnings of $1.12 per share for the last quarter, exceeding analysts' expectations and showing a 7.5% increase in revenue year-over-year.
• The company announced a quarterly dividend of $0.39 per share, resulting in an annualized dividend yield of 6.2%. The payout ratio currently stands at 87.64%.

EntryPoint Capital LLC purchased a new position in shares of Upbound Group, Inc. (NASDAQ:UPBD - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,175 shares of the company's stock, valued at approximately $292,000.

Several other institutional investors have also recently made changes to their positions in UPBD. Nuveen LLC bought a new stake in shares of Upbound Group in the first quarter valued at about $10,023,000. Vanguard Group Inc. raised its holdings in shares of Upbound Group by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 7,025,821 shares of the company's stock valued at $168,339,000 after purchasing an additional 244,746 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Upbound Group in the 4th quarter worth approximately $5,201,000. Wellington Management Group LLP boosted its stake in shares of Upbound Group by 37.9% during the fourth quarter. Wellington Management Group LLP now owns 559,120 shares of the company's stock valued at $16,310,000 after purchasing an additional 153,551 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Upbound Group during the fourth quarter valued at approximately $3,922,000. Hedge funds and other institutional investors own 90.30% of the company's stock.

Upbound Group Stock Up 5.8%

NASDAQ:UPBD opened at $25.23 on Friday. The company has a current ratio of 3.11, a quick ratio of 0.83 and a debt-to-equity ratio of 2.29. Upbound Group, Inc. has a twelve month low of $19.65 and a twelve month high of $36.00. The company has a market cap of $1.46 billion, a PE ratio of 14.17 and a beta of 1.74. The company's 50 day moving average is $24.34 and its two-hundred day moving average is $24.38.

Upbound Group (NASDAQ:UPBD - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $1.12 earnings per share (EPS) for the quarter, topping 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 business 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 earnings per share. The business's quarterly revenue was up 7.5% on a year-over-year basis. Upbound Group has set its FY 2025 guidance at 4.050-4.40 EPS. Q3 2025 guidance at 0.950-1.05 EPS. Analysts anticipate that Upbound Group, Inc. will post 4.28 EPS for the current year.

Upbound Group Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on UPBD. Wall Street Zen lowered Upbound Group from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Raymond James Financial reissued an "outperform" rating and issued a $35.00 price target (down from $40.00) on shares of Upbound Group in a research report on Friday, May 2nd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $34.50.

Insiders Place Their Bets

In other news, Director Jeffrey J. Brown purchased 1,653 shares of the company's stock in a transaction on Tuesday, July 8th. The shares were acquired at an average price of $25.90 per share, for a total transaction of $42,812.70. Following the purchase, the director owned 89,400 shares in the company, valued at $2,315,460. This trade represents a 1.88% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.60% of the company's stock.

About Upbound Group

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.

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