Stephens Investment Management Group LLC Has $106.95 Million Stake in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Stephens Investment Management Group LLC boosted its position in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 14.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 888,834 shares of the company's stock after purchasing an additional 112,349 shares during the period. FirstCash makes up about 1.5% of Stephens Investment Management Group LLC's portfolio, making the stock its 10th largest holding. Stephens Investment Management Group LLC owned 1.99% of FirstCash worth $106,945,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of FirstCash by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 4,112,978 shares of the company's stock valued at $426,105,000 after buying an additional 22,009 shares in the last quarter. Earnest Partners LLC increased its holdings in shares of FirstCash by 2.3% in the fourth quarter. Earnest Partners LLC now owns 2,338,671 shares of the company's stock valued at $242,286,000 after buying an additional 52,409 shares in the last quarter. Fiduciary Management Inc. WI increased its holdings in shares of FirstCash by 76.1% in the fourth quarter. Fiduciary Management Inc. WI now owns 1,303,533 shares of the company's stock valued at $135,046,000 after buying an additional 563,265 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of FirstCash by 0.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,043,531 shares of the company's stock valued at $108,107,000 after buying an additional 9,264 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in shares of FirstCash by 5.4% in the fourth quarter. Sei Investments Co. now owns 648,582 shares of the company's stock valued at $67,193,000 after buying an additional 33,040 shares in the last quarter. 80.30% of the stock is currently owned by institutional investors and hedge funds.

FirstCash Stock Up 0.5%

Shares of FirstCash stock traded up $0.68 during midday trading on Wednesday, hitting $130.62. The company's stock had a trading volume of 171,975 shares, compared to its average volume of 276,490. The firm has a market capitalization of $5.80 billion, a P/E ratio of 17.97 and a beta of 0.62. The stock has a 50-day simple moving average of $130.55 and a 200-day simple moving average of $121.36. The company has a quick ratio of 3.28, a current ratio of 4.39 and a debt-to-equity ratio of 0.83. FirstCash Holdings, Inc. has a 1-year low of $100.24 and a 1-year high of $138.42.

FirstCash (NASDAQ:FCFS - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $2.07 EPS for the quarter, topping the consensus estimate of $1.75 by $0.32. The business had revenue of $836.42 million during the quarter, compared to analysts' expectations of $837.11 million. FirstCash had a return on equity of 16.08% and a net margin of 8.29%. FirstCash's revenue was up .0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.55 earnings per share. As a group, sell-side analysts expect that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 15th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend was Thursday, May 15th. FirstCash's dividend payout ratio (DPR) is presently 24.32%.

Analyst Ratings Changes

Separately, Wall Street Zen cut FirstCash from a "strong-buy" rating to a "buy" rating in a report on Saturday.

Insider Buying and Selling at FirstCash

In other FirstCash news, insider Howard F. Hambleton sold 3,900 shares of the stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $130.93, for a total transaction of $510,627.00. Following the transaction, the insider directly owned 32,481 shares of the company's stock, valued at $4,252,737.33. This represents a 10.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 2.93% of the company's stock.

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.