Nebula Research & Development LLC Buys Shares of 7,436 FirstCash Holdings, Inc. (NASDAQ:FCFS)

Nebula Research & Development LLC bought 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 bought 7,436 shares of the company's stock, valued at approximately $770,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FCFS. Rialto Wealth Management LLC acquired a new position in shares of FirstCash during the 4th quarter worth about $31,000. J.Safra Asset Management Corp increased its position in FirstCash by 38.8% during the fourth quarter. J.Safra Asset Management Corp now owns 454 shares of the company's stock worth $47,000 after buying an additional 127 shares during the last quarter. Hurley Capital LLC bought a new stake in FirstCash in the fourth quarter valued at approximately $74,000. R Squared Ltd acquired a new stake in shares of FirstCash in the fourth quarter valued at approximately $92,000. Finally, Parkside Financial Bank & Trust boosted its stake in shares of FirstCash by 7.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company's stock worth $142,000 after acquiring an additional 94 shares during the period. 80.30% of the stock is owned by institutional investors.

FirstCash Stock Performance

Shares of NASDAQ:FCFS traded up $1.26 during trading on Friday, reaching $133.91. 310,088 shares of the stock were exchanged, compared to its average volume of 272,845. The firm has a market cap of $5.99 billion, a PE ratio of 23.37 and a beta of 0.58. 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 12 month low of $100.24 and a 12 month high of $134.85. The stock has a 50-day moving average price of $120.15 and a 200-day moving average price of $112.64.

FirstCash (NASDAQ:FCFS - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported $2.07 EPS for the quarter, beating analysts' consensus estimates of $1.75 by $0.32. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. The firm had revenue of $836.42 million for the quarter, compared to analyst estimates of $837.11 million. During the same period in the prior year, the firm posted $1.55 EPS. The company's revenue for the quarter was up .0% on a year-over-year basis. Research analysts expect that FirstCash Holdings, Inc. will post 7.7 EPS for the current fiscal year.

FirstCash Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.38 per share. The ex-dividend date is Thursday, May 15th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.14%. FirstCash's payout ratio is presently 24.32%.

Insider Transactions at FirstCash

In related news, CFO R Douglas Orr sold 2,000 shares of the firm's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $113.35, for a total value of $226,700.00. Following the transaction, the chief financial officer now owns 100,567 shares in the company, 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the 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 sale, 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. Insiders own 14.77% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Stephens restated an "overweight" rating and issued a $137.00 price target on shares of FirstCash in a research note on Wednesday, February 19th. StockNews.com raised shares of FirstCash from a "buy" rating to a "strong-buy" rating in a research report on Friday.

About FirstCash

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.