Lisanti Capital Growth LLC Acquires Shares of 11,385 FirstCash Holdings, Inc. (NASDAQ:FCFS)

Lisanti Capital Growth LLC bought a new position in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,385 shares of the company's stock, valued at approximately $1,370,000.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in FirstCash by 67.6% in the fourth quarter. JPMorgan Chase & Co. now owns 268,732 shares of the company's stock worth $27,841,000 after purchasing an additional 108,353 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of FirstCash by 808.0% during the 1st quarter. Farther Finance Advisors LLC now owns 227 shares of the company's stock valued at $27,000 after acquiring an additional 202 shares during the last quarter. Vanguard Group Inc. lifted its holdings in FirstCash by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 4,112,978 shares of the company's stock worth $426,105,000 after purchasing an additional 22,009 shares during the last quarter. Lazard Asset Management LLC grew its holdings in FirstCash by 45.1% during the fourth quarter. Lazard Asset Management LLC now owns 8,205 shares of the company's stock valued at $850,000 after purchasing an additional 2,552 shares during the last quarter. Finally, Pullen Investment Management LLC raised its position in shares of FirstCash by 76.4% in the fourth quarter. Pullen Investment Management LLC now owns 16,810 shares of the company's stock valued at $1,742,000 after purchasing an additional 7,280 shares during the period. Institutional investors and hedge funds own 80.30% of the company's stock.

FirstCash Stock Performance

Shares of NASDAQ FCFS traded up $1.26 during mid-day trading on Wednesday, hitting $136.76. The company had a trading volume of 246,667 shares, compared to its average volume of 280,035. FirstCash Holdings, Inc. has a 12 month low of $100.24 and a 12 month high of $138.42. The firm has a market cap of $6.07 billion, a P/E ratio of 21.88 and a beta of 0.62. The business's 50-day simple moving average is $130.16 and its 200-day simple moving average is $119.23. The company has a debt-to-equity ratio of 0.83, a current ratio of 4.39 and a quick ratio of 3.28.

FirstCash (NASDAQ:FCFS - Get Free Report) last announced its quarterly earnings data 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 for the quarter, compared to analyst estimates of $837.11 million. FirstCash had a return on equity of 16.08% and a net margin of 8.29%. FirstCash's revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.55 EPS. As a group, analysts predict that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current fiscal year.

FirstCash Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 15th were issued a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.11%. The ex-dividend date was Thursday, May 15th. FirstCash's dividend payout ratio (DPR) is presently 24.32%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of FirstCash from a "buy" rating to a "strong-buy" rating in a report on Saturday, June 7th.

Insider Transactions at FirstCash

In related news, insider Howard F. Hambleton sold 3,900 shares of the company's stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $130.93, for a total value of $510,627.00. Following 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 14.77% of the stock is owned by company insiders.

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.