FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Sold by Cooke & Bieler LP

Cooke & Bieler LP cut its position in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) by 1.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 219,791 shares of the company’s stock after selling 2,230 shares during the quarter. Cooke & Bieler LP owned 0.49% of FirstCash worth $23,823,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of FCFS. Moneta Group Investment Advisors LLC increased its position in shares of FirstCash by 98,847.4% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 4,317,075 shares of the company’s stock valued at $375,197,000 after purchasing an additional 4,312,712 shares during the period. Vanguard Group Inc. increased its position in shares of FirstCash by 19.9% during the 1st quarter. Vanguard Group Inc. now owns 4,396,960 shares of the company’s stock valued at $309,282,000 after purchasing an additional 730,072 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of FirstCash by 608.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 436,992 shares of the company’s stock worth $6,571,000 after acquiring an additional 375,345 shares during the last quarter. BlackRock Inc. raised its position in shares of FirstCash by 7.0% during the first quarter. BlackRock Inc. now owns 4,566,439 shares of the company’s stock worth $435,501,000 after purchasing an additional 297,552 shares during the period. Finally, Rockefeller Capital Management L.P. raised its position in shares of FirstCash by 1,230.1% during the first quarter. Rockefeller Capital Management L.P. now owns 286,990 shares of the company’s stock worth $27,369,000 after purchasing an additional 265,413 shares during the period. 80.30% of the stock is currently owned by institutional investors and hedge funds.

FirstCash Stock Up 1.3 %

NASDAQ FCFS traded up $1.69 on Friday, reaching $130.41. The stock had a trading volume of 215,888 shares, compared to its average volume of 171,752. The business has a 50 day moving average price of $121.52 and a 200 day moving average price of $113.81. The company has a current ratio of 3.89, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. FirstCash Holdings, Inc. has a 1 year low of $88.05 and a 1 year high of $133.46. The company has a market capitalization of $5.88 billion, a price-to-earnings ratio of 27.17 and a beta of 0.62.

FirstCash (NASDAQ:FCFS) last released its quarterly earnings results on Thursday, February 1st. The company reported $2.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.25. The company had revenue of $852.13 million during the quarter, compared to the consensus estimate of $859.23 million. FirstCash had a return on equity of 14.42% and a net margin of 6.96%. The firm’s revenue was up 12.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.65 EPS. On average, analysts forecast that FirstCash Holdings, Inc. will post 6.93 EPS for the current fiscal year.

FirstCash Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $1.40 annualized dividend and a dividend yield of 1.07%. FirstCash’s dividend payout ratio (DPR) is presently 29.17%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Stephens lifted their price target on FirstCash from $131.00 to $141.00 and gave the company an “overweight” rating in a report on Friday, February 2nd. TD Cowen upgraded FirstCash from a “hold” rating to a “buy” rating and lifted their price target for the company from $130.00 to $145.00 in a report on Wednesday, April 10th.

Insider Transactions at FirstCash

In related news, CFO R Douglas Orr sold 3,000 shares of the business’s stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $116.25, for a total transaction of $348,750.00. Following the completion of the transaction, the chief financial officer now owns 94,715 shares of the company’s stock, valued at approximately $11,010,618.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Douglas Richard Rippel sold 25,968 shares of the business’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $116.10, for a total transaction of $3,014,884.80. Following the completion of the transaction, the director now owns 5,946,649 shares of the company’s stock, valued at approximately $690,405,948.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO R Douglas Orr sold 3,000 shares of the business’s stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $116.25, for a total value of $348,750.00. Following the transaction, the chief financial officer now directly owns 94,715 shares of the company’s stock, valued at approximately $11,010,618.75. The disclosure for this sale can be found here. In the last quarter, insiders sold 329,984 shares of company stock worth $38,850,386. 18.08% of the stock is owned by corporate insiders.

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.