FirstCash Holdings, Inc. (NASDAQ:FCFS) is Stephens Investment Management Group LLC's 10th Largest Position

Stephens Investment Management Group LLC raised its stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 14.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 888,834 shares of the company's stock after acquiring an additional 112,349 shares during the period. FirstCash makes up 1.5% of Stephens Investment Management Group LLC's investment portfolio, making the stock its 10th biggest holding. Stephens Investment Management Group LLC owned 1.99% of FirstCash worth $106,945,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Xponance Inc. lifted its holdings in shares of FirstCash by 1.6% in the 1st quarter. Xponance Inc. now owns 5,552 shares of the company's stock valued at $668,000 after buying an additional 87 shares during the period. MBM Wealth Consultants LLC lifted its holdings in shares of FirstCash by 1.6% in the 1st quarter. MBM Wealth Consultants LLC now owns 5,757 shares of the company's stock valued at $693,000 after buying an additional 90 shares during the period. State of Michigan Retirement System raised its holdings in FirstCash by 1.1% during the first quarter. State of Michigan Retirement System now owns 9,315 shares of the company's stock worth $1,121,000 after purchasing an additional 100 shares during the last quarter. Bank of Nova Scotia raised its holdings in FirstCash by 3.6% during the fourth quarter. Bank of Nova Scotia now owns 3,403 shares of the company's stock worth $353,000 after purchasing an additional 117 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its holdings in FirstCash by 1.4% during the first quarter. State of Alaska Department of Revenue now owns 8,559 shares of the company's stock worth $1,029,000 after purchasing an additional 120 shares during the last quarter. 80.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

FirstCash Price Performance

FirstCash stock traded down $0.57 during mid-day trading on Friday, hitting $132.17. 223,144 shares of the company were exchanged, compared to its average volume of 278,764. The company has a debt-to-equity ratio of 0.83, a current ratio of 4.39 and a quick ratio of 3.28. The business's 50 day simple moving average is $130.72 and its two-hundred day simple moving average is $120.98. The company has a market capitalization of $5.86 billion, a P/E ratio of 21.15 and a beta of 0.62. FirstCash Holdings, Inc. has a 12-month low of $100.24 and a 12-month high of $138.42.

FirstCash (NASDAQ:FCFS - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $2.07 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.32. The company had revenue of $836.42 million during the quarter, compared to the consensus estimate 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 business posted $1.55 earnings per share. Analysts forecast that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current fiscal year.

FirstCash Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 15th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend was Thursday, May 15th. FirstCash's payout ratio is 24.32%.

Insider Activity at FirstCash

In other news, insider Howard F. Hambleton sold 3,900 shares of FirstCash stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $130.93, for a total value of $510,627.00. Following the completion of the sale, the insider owned 32,481 shares of the company's stock, valued at $4,252,737.33. The trade was a 10.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.93% of the stock is currently owned by corporate insiders.

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.