Nomura Holdings Inc. Purchases New Position in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Nomura Holdings Inc. acquired a new stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,157 shares of the company's stock, valued at approximately $534,000.

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Stephens reissued an "overweight" rating and issued a $137.00 price target on shares of FirstCash in a research note on Wednesday, February 19th. Wall Street Zen downgraded shares of FirstCash from a "strong-buy" rating to a "buy" rating in a research note on Saturday.

FirstCash Stock Up 0.3%

NASDAQ:FCFS traded up $0.42 during trading hours on Tuesday, reaching $127.92. 209,376 shares of the company traded hands, compared to its average volume of 278,671. The business's 50-day moving average price is $125.35 and its two-hundred day moving average price is $115.22. The stock has a market capitalization of $5.68 billion, a P/E ratio of 22.32 and a beta of 0.63. FirstCash Holdings, Inc. has a 1 year low of $100.24 and a 1 year high of $135.57. 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 (NASDAQ:FCFS - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $2.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 14.99% and a net margin of 7.64%. The firm'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 earnings per share. Analysts predict that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Thursday, May 15th. FirstCash's payout ratio is 24.32%.

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.