3,282 Shares in FirstCash Holdings, Inc. (NASDAQ:FCFS) Purchased by Occudo Quantitative Strategies LP

Occudo Quantitative Strategies LP purchased a new position in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,282 shares of the company's stock, valued at approximately $340,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FCFS. Fiduciary Management Inc. WI boosted its position in FirstCash by 76.1% during the fourth quarter. Fiduciary Management Inc. WI now owns 1,303,533 shares of the company's stock worth $135,046,000 after acquiring an additional 563,265 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its position in FirstCash by 349.3% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 294,281 shares of the company's stock worth $30,488,000 after acquiring an additional 228,784 shares during the last quarter. Raymond James Financial Inc. acquired a new position in FirstCash during the fourth quarter worth about $18,169,000. Millennium Management LLC boosted its position in FirstCash by 332.5% during the fourth quarter. Millennium Management LLC now owns 194,389 shares of the company's stock worth $20,139,000 after acquiring an additional 149,439 shares during the last quarter. Finally, Marshall Wace LLP boosted its position in FirstCash by 5,338.6% during the fourth quarter. Marshall Wace LLP now owns 137,597 shares of the company's stock worth $14,255,000 after acquiring an additional 135,067 shares during the last quarter. 80.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on FCFS shares. StockNews.com upgraded shares of FirstCash from a "buy" rating to a "strong-buy" rating in a research report on Friday, May 2nd. Stephens reaffirmed an "overweight" rating and set a $137.00 target price on shares of FirstCash in a research note on Wednesday, February 19th.

FirstCash Price Performance

Shares of FCFS stock opened at $127.12 on Friday. 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's 50-day moving average is $123.58 and its two-hundred day moving average is $114.03. FirstCash Holdings, Inc. has a 12 month low of $100.24 and a 12 month high of $135.57. The company has a market capitalization of $5.64 billion, a PE ratio of 22.18 and a beta of 0.63.

FirstCash (NASDAQ:FCFS - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $2.07 EPS for the quarter, topping analysts' consensus estimates of $1.75 by $0.32. FirstCash had a net margin of 7.64% and a return on equity of 14.99%. The company had revenue of $836.42 million for the quarter, compared to the consensus estimate of $837.11 million. During the same period in the previous year, the firm earned $1.55 earnings per share. FirstCash's quarterly revenue was up .0% compared to the same quarter last year. Analysts predict that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Thursday, May 15th. FirstCash's dividend payout ratio (DPR) is 24.32%.

FirstCash Company 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.

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