FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Bought by Ameriprise Financial Inc.

Ameriprise Financial Inc. boosted its stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 26.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 179,514 shares of the company's stock after buying an additional 37,490 shares during the period. Ameriprise Financial Inc. owned 0.40% of FirstCash worth $18,598,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FCFS. Rialto Wealth Management LLC purchased a new position in shares of FirstCash during the 4th quarter worth $31,000. J.Safra Asset Management Corp raised its stake 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 purchasing an additional 127 shares during the period. Quarry LP boosted its holdings in FirstCash by 986.5% in the 4th quarter. Quarry LP now owns 565 shares of the company's stock valued at $59,000 after purchasing an additional 513 shares during the last quarter. Hurley Capital LLC acquired a new position in FirstCash in the 4th quarter valued at about $74,000. Finally, R Squared Ltd purchased a new stake in shares of FirstCash in the 4th quarter valued at approximately $92,000. 80.30% of the stock is currently owned by hedge funds and other institutional investors.

FirstCash Trading Up 1.2%

Shares of FCFS traded up $1.46 during trading on Monday, reaching $128.15. 243,219 shares of the company traded hands, compared to its average volume of 277,513. The stock has a 50-day simple moving average of $123.80 and a 200-day simple moving average of $114.31. The stock has a market cap of $5.69 billion, a PE ratio of 22.36 and a beta of 0.63. FirstCash Holdings, Inc. has a twelve month low of $100.24 and a twelve month high of $135.57. The company has a quick ratio of 3.15, a current ratio of 4.14 and a debt-to-equity ratio of 0.84.

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

FirstCash Announces Dividend

The company also recently disclosed 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. The ex-dividend date is Thursday, May 15th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.19%. FirstCash's payout ratio is presently 24.32%.

Analyst Ratings Changes

Several analysts have recently commented on FCFS shares. StockNews.com raised shares of FirstCash from a "buy" rating to a "strong-buy" rating in a research report on Friday, May 2nd. Stephens restated an "overweight" rating and issued a $137.00 target price on shares of FirstCash in a research 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.