EntryPoint Capital LLC Has $240,000 Stake in FirstCash Holdings, Inc. (NASDAQ:FCFS)

EntryPoint Capital LLC increased its stake in FirstCash Holdings, Inc. (NASDAQ:FCFS) by 6.6% in the 4th quarter, Holdings Channel reports. The firm owned 2,319 shares of the company’s stock after purchasing an additional 143 shares during the period. EntryPoint Capital LLC’s holdings in FirstCash were worth $240,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Rialto Wealth Management LLC bought a new position in shares of FirstCash in the fourth quarter valued at approximately $31,000. J.Safra Asset Management Corp lifted its position in FirstCash by 38.8% during the 4th quarter. J.Safra Asset Management Corp now owns 454 shares of the company’s stock worth $47,000 after acquiring an additional 127 shares during the last quarter. R Squared Ltd acquired a new position in FirstCash during the 4th quarter worth $92,000. Parkside Financial Bank & Trust boosted its holdings in FirstCash by 7.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company’s stock valued at $142,000 after acquiring an additional 94 shares during the period. Finally, KBC Group NV grew its position in shares of FirstCash by 54.1% in the fourth quarter. KBC Group NV now owns 1,859 shares of the company’s stock valued at $193,000 after purchasing an additional 653 shares during the last quarter. Institutional investors own 80.30% of the company’s stock.

Insider Buying and Selling

In other news, CFO R Douglas Orr sold 2,000 shares of the stock in a transaction on 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 transaction, the chief financial officer now owns 100,567 shares in the company, valued at approximately $11,399,269.45. This represents a 1.95 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of FirstCash stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $113.43, for a total transaction of $34,029,000.00. Following the sale, 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 disclosure for this sale can be found here. 14.77% of the stock is owned by company insiders.

FirstCash Price Performance

Shares of FirstCash stock opened at $119.36 on Friday. The firm has a fifty day moving average price of $114.58 and a two-hundred day moving average price of $110.94. FirstCash Holdings, Inc. has a fifty-two week low of $100.24 and a fifty-two week high of $133.64. The company has a debt-to-equity ratio of 0.84, a current ratio of 4.14 and a quick ratio of 3.15. The company has a market cap of $5.34 billion, a PE ratio of 20.83 and a beta of 0.63.

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

FirstCash Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.38 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.27%. FirstCash’s payout ratio is 26.53%.

Analysts Set New Price Targets

Separately, Stephens restated an “overweight” rating and set a $137.00 target price on shares of FirstCash in a research note 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.