Sanctuary Advisors LLC Buys 127 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS)

Sanctuary Advisors LLC grew its stake in FirstCash Holdings, Inc. (NASDAQ:FCFS) by 1.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,347 shares of the company’s stock after purchasing an additional 127 shares during the period. Sanctuary Advisors LLC’s holdings in FirstCash were worth $826,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC raised its holdings in FirstCash by 18.3% during the 3rd quarter. FMR LLC now owns 6,712,779 shares of the company’s stock valued at $770,627,000 after buying an additional 1,037,601 shares during the period. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of FirstCash in the third quarter valued at $50,192,000. Erste Asset Management GmbH purchased a new stake in shares of FirstCash in the third quarter valued at $18,368,000. Natixis Advisors LLC lifted its holdings in shares of FirstCash by 174.3% in the 3rd quarter. Natixis Advisors LLC now owns 159,140 shares of the company’s stock worth $18,269,000 after acquiring an additional 101,130 shares during the last quarter. Finally, Barclays PLC boosted its stake in shares of FirstCash by 163.8% during the 3rd quarter. Barclays PLC now owns 81,807 shares of the company’s stock worth $9,391,000 after purchasing an additional 50,799 shares during the period. Hedge funds and other institutional investors own 80.30% of the company’s stock.

Insider Activity

In other news, major shareholder Douglas Richard Rippel sold 300,000 shares of the firm’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $113.43, for a total transaction of $34,029,000.00. Following the transaction, the insider now owns 4,431,869 shares in the company, valued at approximately $502,706,900.67. This trade represents a 6.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO R Douglas Orr sold 2,000 shares of FirstCash stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $113.35, for a total value of $226,700.00. Following the completion of the sale, the chief financial officer now owns 100,567 shares of the company’s stock, valued at $11,399,269.45. The trade was a 1.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 14.77% of the company’s stock.

FirstCash Stock Performance

FCFS stock opened at $110.97 on Friday. FirstCash Holdings, Inc. has a twelve month low of $100.24 and a twelve month high of $133.64. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 19.37 and a beta of 0.67. The business’s fifty day simple moving average is $110.25 and its two-hundred day simple moving average is $111.24. 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 posted its quarterly earnings results on Thursday, January 30th. The company reported $2.12 EPS for the quarter, topping the consensus estimate of $2.02 by $0.10. FirstCash had a net margin of 7.64% and a return on equity of 14.99%. Analysts predict that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.37%. The ex-dividend date is Friday, February 14th. FirstCash’s dividend payout ratio is presently 26.53%.

Wall Street Analyst Weigh In

Separately, Stephens reissued an “overweight” rating and issued a $137.00 price objective on shares of FirstCash in a research report on Wednesday, February 19th.

About FirstCash

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.