Fiduciary Management Inc. WI Has $135.05 Million Holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Fiduciary Management Inc. WI grew its holdings in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 76.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,303,533 shares of the company's stock after purchasing an additional 563,265 shares during the period. Fiduciary Management Inc. WI owned 2.91% of FirstCash worth $135,046,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Parkside Financial Bank & Trust grew its position in shares of FirstCash by 7.4% during the fourth 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 last quarter. Integrated Investment Consultants LLC grew its position in FirstCash by 2.3% in the 4th quarter. Integrated Investment Consultants LLC now owns 4,595 shares of the company's stock worth $476,000 after purchasing an additional 105 shares during the last quarter. Bank of Nova Scotia increased its stake in shares of FirstCash by 3.6% in the fourth quarter. Bank of Nova Scotia now owns 3,403 shares of the company's stock valued at $353,000 after purchasing an additional 117 shares during the period. Sanctuary Advisors LLC increased its stake in shares of FirstCash by 1.8% in the fourth quarter. Sanctuary Advisors LLC now owns 7,347 shares of the company's stock valued at $826,000 after purchasing an additional 127 shares during the period. Finally, J.Safra Asset Management Corp raised its holdings in shares of 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 during the last quarter. 80.30% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, 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 Stock Up 8.5 %

Shares of NASDAQ FCFS traded up $10.21 during mid-day trading on Thursday, reaching $130.92. The company had a trading volume of 353,364 shares, compared to its average volume of 272,075. FirstCash Holdings, Inc. has a 12-month low of $100.24 and a 12-month high of $133.82. The company has a debt-to-equity ratio of 0.84, a quick ratio of 3.15 and a current ratio of 4.14. The company has a market capitalization of $5.86 billion, a price-to-earnings ratio of 22.85 and a beta of 0.58. The stock has a fifty day moving average of $117.71 and a two-hundred day moving average of $111.71.

FirstCash (NASDAQ:FCFS - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $2.07 earnings per share (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 during the quarter, compared to analysts' expectations of $837.11 million. As a group, equities research analysts expect that FirstCash Holdings, Inc. will post 7.7 EPS for the current year.

FirstCash Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $0.38 per share. The ex-dividend date was Friday, February 14th. This represents a $1.52 annualized dividend and a dividend yield of 1.16%. FirstCash's dividend payout ratio (DPR) is 26.53%.

Insiders Place Their Bets

In related news, CFO R Douglas Orr sold 2,000 shares of the company's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $113.35, for a total transaction of $226,700.00. Following the completion of the sale, the chief financial officer now directly owns 100,567 shares of the company's stock, valued at approximately $11,399,269.45. This represents a 1.95 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the firm'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 sale, the insider now directly owns 4,431,869 shares in the company, valued at approximately $502,706,900.67. This represents 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.

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.