FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Bought by Stephens Inc. AR

Stephens Inc. AR increased its position in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) by 14.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,927 shares of the company’s stock after acquiring an additional 4,408 shares during the period. Stephens Inc. AR owned approximately 0.08% of FirstCash worth $3,618,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CWM LLC grew its stake in shares of FirstCash by 157.5% in the 3rd quarter. CWM LLC now owns 569 shares of the company’s stock worth $65,000 after purchasing an additional 348 shares during the last quarter. R Squared Ltd purchased a new stake in FirstCash during the fourth quarter valued at about $92,000. GAMMA Investing LLC increased its position in shares of FirstCash by 28.9% in the third quarter. GAMMA Investing LLC now owns 900 shares of the company’s stock worth $103,000 after acquiring an additional 202 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of FirstCash in the 3rd quarter valued at approximately $133,000. Finally, KBC Group NV boosted its stake in FirstCash by 20.5% in the 3rd quarter. KBC Group NV now owns 1,206 shares of the company’s stock worth $138,000 after purchasing an additional 205 shares during the period. 80.30% of the stock is currently owned by institutional investors.

FirstCash Stock Up 0.4 %

FCFS stock opened at $113.64 on Tuesday. The company has a 50 day moving average of $107.72 and a two-hundred day moving average of $110.89. The company has a market cap of $5.09 billion, a price-to-earnings ratio of 19.83 and a beta of 0.67. FirstCash Holdings, Inc. has a 12-month low of $100.24 and a 12-month high of $133.64. The company has a quick ratio of 3.15, a current ratio of 4.14 and a debt-to-equity ratio of 0.84.

FirstCash (NASDAQ:FCFS) last announced its quarterly earnings data on Thursday, January 30th. The company reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.10. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. On average, equities analysts anticipate that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current fiscal year.

FirstCash Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend is Friday, February 14th. FirstCash’s dividend payout ratio (DPR) is presently 26.53%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on FCFS. Stephens began coverage on FirstCash in a report on Wednesday, November 13th. They issued an “overweight” rating and a $137.00 target price for the company. TD Cowen reduced their price objective on FirstCash from $134.00 to $130.00 and set a “buy” rating for the company in a research note on Monday, October 28th.

Insider Buying and Selling at FirstCash

In other news, CFO R Douglas Orr sold 2,000 shares of the firm’s stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $113.35, for a total transaction of $226,700.00. Following the transaction, the chief financial officer now owns 100,567 shares in the company, valued at approximately $11,399,269.45. This trade represents a 1.95 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 14.77% 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. The company operates in three segments: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions segments. 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.