Allspring Global Investments Holdings LLC reduced its holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS – Free Report) by 82.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,241 shares of the company’s stock after selling 5,999 shares during the period. Allspring Global Investments Holdings LLC’s holdings in FirstCash were worth $125,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of FCFS. Moneta Group Investment Advisors LLC increased its position in shares of FirstCash by 98,847.4% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 4,317,075 shares of the company’s stock valued at $375,197,000 after purchasing an additional 4,312,712 shares during the period. Vanguard Group Inc. increased its position in shares of FirstCash by 19.9% during the first quarter. Vanguard Group Inc. now owns 4,396,960 shares of the company’s stock valued at $309,282,000 after purchasing an additional 730,072 shares during the period. Envestnet Asset Management Inc. increased its position in shares of FirstCash by 608.9% during the first quarter. Envestnet Asset Management Inc. now owns 436,992 shares of the company’s stock valued at $6,571,000 after purchasing an additional 375,345 shares during the period. BlackRock Inc. increased its position in shares of FirstCash by 7.0% during the first quarter. BlackRock Inc. now owns 4,566,439 shares of the company’s stock valued at $435,501,000 after purchasing an additional 297,552 shares during the period. Finally, Rockefeller Capital Management L.P. increased its position in shares of FirstCash by 1,230.1% during the first quarter. Rockefeller Capital Management L.P. now owns 286,990 shares of the company’s stock valued at $27,369,000 after purchasing an additional 265,413 shares during the period. 77.28% of the stock is currently owned by institutional investors.
FirstCash Stock Performance
Shares of NASDAQ:FCFS opened at $114.77 on Thursday. The business’s fifty day moving average price is $111.32 and its two-hundred day moving average price is $103.44. FirstCash Holdings, Inc. has a fifty-two week low of $86.10 and a fifty-two week high of $118.17. The stock has a market capitalization of $5.18 billion, a price-to-earnings ratio of 23.00 and a beta of 0.65. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.89 and a quick ratio of 2.90.
Analyst Ratings Changes
Insiders Place Their Bets
In other FirstCash news, Director Douglas Richard Rippel sold 12,371 shares of the business’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $109.38, for a total value of $1,353,139.98. Following the transaction, the director now owns 6,049,707 shares of the company’s stock, valued at $661,716,951.66. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 18.08% of the company’s stock.
FirstCash Company Profile
FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers.
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