Nomura Holdings Inc. Purchases Shares of 5,157 FirstCash Holdings, Inc. (NASDAQ:FCFS)

Nomura Holdings Inc. acquired a new stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,157 shares of the company's stock, valued at approximately $534,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of FCFS. JPMorgan Chase & Co. raised its stake in shares of FirstCash by 67.6% in the 4th quarter. JPMorgan Chase & Co. now owns 268,732 shares of the company's stock valued at $27,841,000 after purchasing an additional 108,353 shares in the last quarter. Principal Financial Group Inc. raised its stake in FirstCash by 3.6% during the fourth quarter. Principal Financial Group Inc. now owns 130,607 shares of the company's stock valued at $13,531,000 after buying an additional 4,483 shares in the last quarter. Vanguard Group Inc. lifted its holdings in FirstCash by 0.5% during the 4th 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 during the last quarter. Raymond James Financial Inc. bought a new position in FirstCash during the 4th quarter worth approximately $18,169,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of FirstCash in the 4th quarter worth approximately $343,000. 80.30% of the stock is currently owned by hedge funds and other institutional investors.

FirstCash Stock Performance

NASDAQ FCFS traded up $0.77 during trading hours on Tuesday, reaching $128.27. The company's stock had a trading volume of 19,945 shares, compared to its average volume of 277,914. The company has a current ratio of 4.14, a quick ratio of 3.15 and a debt-to-equity ratio of 0.84. The business has a 50-day simple moving average of $125.14 and a 200 day simple moving average of $115.13. FirstCash Holdings, Inc. has a 52 week low of $100.24 and a 52 week high of $135.57. The stock has a market cap of $5.69 billion, a PE ratio of 22.39 and a beta of 0.63.

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

FirstCash Dividend Announcement

The company also recently declared 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 1.19%. The ex-dividend date is Thursday, May 15th. FirstCash's dividend payout ratio (DPR) is 24.32%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on FCFS. Stephens restated an "overweight" rating and set a $137.00 price objective on shares of FirstCash in a research note on Wednesday, February 19th. Wall Street Zen lowered shares of FirstCash from a "strong-buy" rating to a "buy" rating in a research note on Saturday.

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.