Barclays PLC Purchases 20,550 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS)

Barclays PLC grew its position in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 25.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 102,357 shares of the company's stock after buying an additional 20,550 shares during the quarter. Barclays PLC owned 0.23% of FirstCash worth $10,605,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in FCFS. Virtu Financial LLC purchased a new stake in shares of FirstCash during the third quarter valued at approximately $553,000. Synovus Financial Corp grew its holdings in shares of FirstCash by 111.2% during the third quarter. Synovus Financial Corp now owns 61,900 shares of the company's stock valued at $7,106,000 after buying an additional 32,592 shares during the last quarter. Franklin Resources Inc. purchased a new stake in shares of FirstCash during the third quarter valued at approximately $204,000. Retirement Systems of Alabama grew its holdings in shares of FirstCash by 2.8% during the third quarter. Retirement Systems of Alabama now owns 47,295 shares of the company's stock valued at $5,429,000 after buying an additional 1,274 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of FirstCash by 32.2% during the third quarter. JPMorgan Chase & Co. now owns 160,379 shares of the company's stock valued at $18,412,000 after buying an additional 39,077 shares during the last quarter. Hedge funds and other institutional investors own 80.30% of the company's stock.

Insider Activity

In other news, CFO R Douglas Orr sold 2,000 shares of the business's stock in a transaction dated 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 directly owns 100,567 shares in the company, valued at $11,399,269.45. The trade was a 1.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the business's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $113.43, for a total value of $34,029,000.00. Following the completion of the transaction, 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. Company insiders own 14.77% of the company's stock.

FirstCash Stock Performance

NASDAQ FCFS traded up $0.73 on Monday, hitting $132.68. 641,559 shares of the company traded hands, compared to its average volume of 271,086. The company has a market capitalization of $5.94 billion, a price-to-earnings ratio of 23.16 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. The business's 50 day moving average price is $118.63 and its 200-day moving average price is $112.08. FirstCash Holdings, Inc. has a 52-week low of $100.24 and a 52-week high of $134.15.

FirstCash (NASDAQ:FCFS - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $2.07 EPS for the quarter, beating the consensus estimate of $1.75 by $0.32. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. The business 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 business earned $1.55 earnings per share. The business's revenue was up .0% on a year-over-year basis. Equities analysts expect that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be given a $0.38 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.52 annualized dividend and a dividend yield of 1.15%. FirstCash's payout ratio is 26.53%.

Analysts Set New Price Targets

Separately, Stephens reiterated an "overweight" rating and set a $137.00 price target on shares of FirstCash in a 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.