FirstCash Holdings, Inc. (NASDAQ:FCFS) Stock Holdings Increased by EntryPoint Capital LLC

EntryPoint Capital LLC boosted its holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS) by 6.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,319 shares of the company’s stock after buying an additional 143 shares during the quarter. EntryPoint Capital LLC’s holdings in FirstCash were worth $240,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. FMR LLC boosted its stake in shares of FirstCash by 18.3% during the 3rd quarter. FMR LLC now owns 6,712,779 shares of the company’s stock worth $770,627,000 after acquiring an additional 1,037,601 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of FirstCash in the 4th quarter valued at $18,169,000. Erste Asset Management GmbH purchased a new position in FirstCash in the 3rd quarter worth about $18,368,000. Vaughan Nelson Investment Management L.P. raised its holdings in FirstCash by 28.2% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 560,591 shares of the company’s stock worth $58,076,000 after buying an additional 123,386 shares during the period. Finally, Barclays PLC lifted its stake in FirstCash by 163.8% during the third quarter. Barclays PLC now owns 81,807 shares of the company’s stock valued at $9,391,000 after buying an additional 50,799 shares in the last quarter. Institutional investors own 80.30% of the company’s stock.

FirstCash Stock Down 0.7 %

NASDAQ:FCFS opened at $119.36 on Friday. The business’s fifty day moving average price is $114.58 and its 200 day moving average price is $110.94. The firm has a market capitalization of $5.34 billion, a price-to-earnings ratio of 20.83 and a beta of 0.63. The company has a current ratio of 4.14, a quick ratio of 3.15 and a debt-to-equity ratio of 0.84. FirstCash Holdings, Inc. has a 1-year low of $100.24 and a 1-year high of $133.64.

FirstCash (NASDAQ:FCFS) last issued its earnings results 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 return on equity of 14.99% and a net margin of 7.64%. On average, sell-side analysts forecast that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current fiscal year.

FirstCash Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend was Friday, February 14th. FirstCash’s dividend payout ratio (DPR) is currently 26.53%.

Insider Transactions at FirstCash

In related news, CFO R Douglas Orr sold 2,000 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $11,399,269.45. This trade represents a 1.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 4,431,869 shares of the company’s stock, valued at $502,706,900.67. This 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 currently owned by company insiders.

Wall Street Analyst Weigh In

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

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.