FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC trimmed its position in FirstCash Holdings, Inc. (NASDAQ:FCFS) by 29.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,499 shares of the company’s stock after selling 3,998 shares during the period. Los Angeles Capital Management LLC’s holdings in FirstCash were worth $984,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of FCFS. R Squared Ltd acquired a new stake in shares of FirstCash during the fourth quarter worth $92,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of FirstCash during the third quarter worth $133,000. KBC Group NV lifted its stake in shares of FirstCash by 20.5% during the third quarter. KBC Group NV now owns 1,206 shares of the company’s stock worth $138,000 after buying an additional 205 shares during the period. Franklin Resources Inc. purchased a new position in shares of FirstCash during the third quarter worth $204,000. Finally, Park Avenue Securities LLC raised its holdings in shares of FirstCash by 15.5% during the fourth quarter. Park Avenue Securities LLC now owns 2,039 shares of the company’s stock worth $211,000 after purchasing an additional 273 shares during the last quarter. 80.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Insider Transactions at FirstCash

In related news, CFO R Douglas Orr sold 2,000 shares of the business’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 transaction, the chief financial officer now directly owns 100,567 shares in the company, valued at approximately $11,399,269.45. The trade was a 1.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the business’s stock in a transaction dated 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 $502,706,900.67. The trade was a 6.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 14.77% of the company’s stock.

FirstCash Trading Up 1.2 %

Shares of FirstCash stock opened at $112.28 on Friday. FirstCash Holdings, Inc. has a 1 year low of $100.24 and a 1 year 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 firm has a fifty day moving average price of $110.44 and a 200 day moving average price of $111.17. The stock has a market cap of $5.03 billion, a PE ratio of 19.60 and a beta of 0.67.

FirstCash (NASDAQ:FCFS) last released its quarterly earnings data on Thursday, January 30th. The company reported $2.12 earnings per share for the quarter, beating 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%. Equities research analysts predict that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.38 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.52 dividend on an annualized basis and a yield of 1.35%. FirstCash’s payout ratio is 26.53%.

FirstCash 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.