Two Sigma Advisers LP Increases Holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Two Sigma Advisers LP raised its holdings in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 24.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 66,600 shares of the company's stock after purchasing an additional 13,000 shares during the period. Two Sigma Advisers LP owned approximately 0.15% of FirstCash worth $6,900,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Parkside Financial Bank & Trust boosted its stake in FirstCash by 7.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company's stock valued at $142,000 after purchasing an additional 94 shares during the last quarter. Bank of Nova Scotia boosted its stake in FirstCash by 3.6% during the 4th 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 last quarter. Sanctuary Advisors LLC boosted its stake in FirstCash by 1.8% during the 4th 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 last quarter. J.Safra Asset Management Corp lifted its holdings in shares of FirstCash by 38.8% during the 4th 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 period. Finally, Summit Investment Advisors Inc. lifted its holdings in shares of FirstCash by 1.1% during the 4th quarter. Summit Investment Advisors Inc. now owns 11,960 shares of the company's stock valued at $1,239,000 after buying an additional 127 shares during the period. 80.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Wall Street Zen cut FirstCash from a "strong-buy" rating to a "buy" rating in a report on Saturday, May 24th. Stephens reissued an "overweight" rating and set a $137.00 price target on shares of FirstCash in a report on Wednesday, February 19th.

FirstCash Stock Performance

Shares of FirstCash stock traded up $0.25 on Thursday, hitting $126.94. 41,780 shares of the company's stock were exchanged, compared to its average volume of 277,976. FirstCash Holdings, Inc. has a 1 year low of $100.24 and a 1 year high of $135.57. The company has a 50-day simple moving average of $125.55 and a 200-day simple moving average of $115.30. The stock has a market capitalization of $5.63 billion, a PE ratio of 22.14 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a quick ratio of 3.15 and a current ratio of 4.14.

FirstCash (NASDAQ:FCFS - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $2.07 EPS for the quarter, topping analysts' consensus estimates of $1.75 by $0.32. The company had revenue of $836.42 million for the quarter, compared to analysts' expectations of $837.11 million. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. FirstCash's revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the firm earned $1.55 EPS. As a group, equities analysts anticipate that FirstCash Holdings, Inc. will post 7.7 EPS for the current year.

FirstCash Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid 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 1.20%. FirstCash's dividend payout ratio is 24.32%.

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.