Stephens Inc. AR Acquires 4,408 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS)

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

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FCFS. CWM LLC boosted its position in shares of FirstCash by 157.5% in the third quarter. CWM LLC now owns 569 shares of the company’s stock valued at $65,000 after acquiring an additional 348 shares during the period. R Squared Ltd acquired a new position in FirstCash during the 4th quarter valued at $92,000. GAMMA Investing LLC boosted its holdings in FirstCash by 28.9% in the 3rd quarter. GAMMA Investing LLC now owns 900 shares of the company’s stock valued at $103,000 after purchasing an additional 202 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in FirstCash in the 3rd quarter valued at $133,000. Finally, KBC Group NV grew its position 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 last quarter. Institutional investors and hedge funds own 80.30% of the company’s stock.

Analyst Ratings Changes

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

FirstCash Trading Up 0.4 %

Shares of FCFS stock opened at $113.64 on Tuesday. The firm has a fifty day moving average of $107.72 and a 200-day moving average of $110.89. The stock 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 52-week low of $100.24 and a 52-week high of $133.64. The company has a debt-to-equity ratio of 0.84, a quick ratio of 3.15 and a current ratio of 4.14.

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

FirstCash Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given 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 26.53%.

Insiders Place Their Bets

In other FirstCash news, CFO R Douglas Orr sold 2,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $113.35, for a total transaction of $226,700.00. Following the sale, the chief financial officer now directly owns 100,567 shares of the company’s stock, valued at approximately $11,399,269.45. This represents a 1.95 % decrease in their ownership of the stock. The sale was disclosed in a filing 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.