22,567 Shares in FirstCash Holdings, Inc. (NASDAQ:FCFS) Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets acquired a new position in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,567 shares of the company's stock, valued at approximately $2,338,000. BNP Paribas Financial Markets owned 0.05% of FirstCash as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Rialto Wealth Management LLC acquired a new position in shares of FirstCash during the 4th quarter valued at $31,000. J.Safra Asset Management Corp boosted 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 valued at $47,000 after buying an additional 127 shares in the last quarter. Quarry LP grew its holdings in FirstCash by 986.5% during the fourth quarter. Quarry LP now owns 565 shares of the company's stock worth $59,000 after acquiring an additional 513 shares during the period. Hurley Capital LLC bought a new stake in FirstCash in the fourth quarter worth about $74,000. Finally, R Squared Ltd bought a new stake in FirstCash in the fourth quarter worth about $92,000. Institutional investors own 80.30% of the company's stock.

FirstCash Trading Down 0.9%

Shares of NASDAQ FCFS traded down $1.17 during mid-day trading on Thursday, hitting $124.56. 18,878 shares of the company traded hands, compared to its average volume of 276,173. 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 Holdings, Inc. has a 1 year low of $100.24 and a 1 year high of $135.57. The stock has a market capitalization of $5.53 billion, a price-to-earnings ratio of 21.72 and a beta of 0.63. The business has a 50 day moving average of $124.55 and a two-hundred day moving average of $114.63.

FirstCash (NASDAQ:FCFS - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported $2.07 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $836.42 million for the quarter, compared to the consensus estimate of $837.11 million. During the same quarter in the previous year, the company earned $1.55 EPS. The business's revenue for the quarter was up .0% compared to the same quarter last year. On average, sell-side analysts anticipate that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current fiscal year.

FirstCash Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be issued 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 1.22%. FirstCash's dividend payout ratio is currently 24.32%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. StockNews.com raised shares of FirstCash from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 2nd. Stephens restated an "overweight" rating and issued a $137.00 price target on shares of FirstCash in a research report on Wednesday, February 19th.

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.