FirstCash Holdings, Inc. (NASDAQ:FCFS) Stock Holdings Decreased by Jane Street Group LLC

Jane Street Group LLC lessened its holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 61.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,404 shares of the company's stock after selling 28,835 shares during the quarter. Jane Street Group LLC's holdings in FirstCash were worth $1,907,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust lifted its position in FirstCash by 7.4% in 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. Integrated Investment Consultants LLC increased its stake in shares of FirstCash by 2.3% in the fourth quarter. Integrated Investment Consultants LLC now owns 4,595 shares of the company's stock valued at $476,000 after purchasing an additional 105 shares during the period. Bank of Nova Scotia raised its holdings in shares of FirstCash by 3.6% during the fourth quarter. Bank of Nova Scotia now owns 3,403 shares of the company's stock valued at $353,000 after buying an additional 117 shares during the last quarter. Sanctuary Advisors LLC boosted its position in shares of FirstCash by 1.8% during the fourth quarter. Sanctuary Advisors LLC now owns 7,347 shares of the company's stock worth $826,000 after buying an additional 127 shares during the period. Finally, J.Safra Asset Management Corp grew its holdings in FirstCash by 38.8% in the 4th quarter. J.Safra Asset Management Corp now owns 454 shares of the company's stock worth $47,000 after buying an additional 127 shares in the last quarter. Institutional investors and hedge funds own 80.30% of the company's stock.

Wall Street Analyst Weigh In

FCFS has been the subject of a number of analyst reports. Stephens reiterated an "overweight" rating and set a $137.00 price target on shares of FirstCash in a research report on Wednesday, February 19th. StockNews.com raised shares of FirstCash from a "buy" rating to a "strong-buy" rating in a report on Friday, May 2nd.

FirstCash Price Performance

NASDAQ:FCFS traded down $1.40 during midday trading on Wednesday, hitting $125.73. 251,892 shares of the stock were exchanged, compared to its average volume of 277,213. The company has a market capitalization of $5.58 billion, a price-to-earnings ratio of 21.94 and a beta of 0.63. The company has a current ratio of 4.14, a quick ratio of 3.15 and a debt-to-equity ratio of 0.84. FirstCash Holdings, Inc. has a one year low of $100.24 and a one year high of $135.57. The business has a 50-day moving average price of $124.37 and a two-hundred day moving average price of $114.55.

FirstCash (NASDAQ:FCFS - Get Free Report) last posted its quarterly earnings data 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 the consensus estimate of $837.11 million. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. The company's quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.55 EPS. Sell-side analysts predict that FirstCash Holdings, Inc. will post 7.7 EPS for the current year.

FirstCash Dividend Announcement

The business also recently announced 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. This represents a $1.52 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Thursday, May 15th. FirstCash's dividend payout ratio is 24.32%.

About FirstCash

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.