Pullen Investment Management LLC Acquires 1,246 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS)

Pullen Investment Management LLC grew its holdings in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) by 15.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,530 shares of the company’s stock after purchasing an additional 1,246 shares during the quarter. Pullen Investment Management LLC’s holdings in FirstCash were worth $1,094,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its holdings in FirstCash by 13.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,717 shares of the company’s stock valued at $312,000 after buying an additional 312 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of FirstCash in the 3rd quarter valued at approximately $133,000. Louisiana State Employees Retirement System lifted its holdings in FirstCash by 2.9% in the 3rd quarter. Louisiana State Employees Retirement System now owns 10,800 shares of the company’s stock worth $1,240,000 after purchasing an additional 300 shares during the last quarter. Mount Yale Investment Advisors LLC boosted its position in FirstCash by 12.4% during the third quarter. Mount Yale Investment Advisors LLC now owns 3,311 shares of the company’s stock worth $380,000 after purchasing an additional 366 shares during the period. Finally, Penn Davis Mcfarland Inc. acquired a new position in FirstCash during the third quarter valued at approximately $852,000. Institutional investors and hedge funds own 80.30% of the company’s stock.

FirstCash Price Performance

Shares of FirstCash stock opened at $105.54 on Friday. The company has a current ratio of 4.03, a quick ratio of 3.04 and a debt-to-equity ratio of 0.85. The firm has a fifty day simple moving average of $115.22 and a 200-day simple moving average of $114.69. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of 20.22 and a beta of 0.62. FirstCash Holdings, Inc. has a 1-year low of $100.39 and a 1-year high of $133.64.

FirstCash (NASDAQ:FCFS) last released its earnings results on Thursday, October 24th. The company reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.09. The firm had revenue of $837.30 million during the quarter, compared to analyst estimates of $843.94 million. FirstCash had a net margin of 7.17% and a return on equity of 14.90%. The business’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.56 EPS. On average, sell-side analysts expect that FirstCash Holdings, Inc. will post 6.52 earnings per share for the current year.

FirstCash Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date is Friday, November 15th. FirstCash’s dividend payout ratio (DPR) is presently 29.12%.

Insiders Place Their Bets

In related news, CFO R Douglas Orr sold 2,000 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $107.18, for a total value of $214,360.00. Following the completion of the sale, the chief financial officer now owns 90,715 shares in the company, valued at approximately $9,722,833.70. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other FirstCash news, Director Douglas Richard Rippel sold 2,864 shares of the firm’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $120.01, for a total transaction of $343,708.64. Following the completion of the transaction, the director now owns 4,743,159 shares in the company, valued at $569,226,511.59. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO R Douglas Orr sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $107.18, for a total value of $214,360.00. Following the completion of the sale, the chief financial officer now owns 90,715 shares in the company, valued at approximately $9,722,833.70. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,154 shares of company stock worth $1,912,562 in the last ninety days. Insiders own 14.77% of the company’s stock.

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.