Nuveen Asset Management LLC Has $62.57 Million Stock Holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Nuveen Asset Management LLC lowered its holdings in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 6.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 603,981 shares of the company's stock after selling 38,581 shares during the period. Nuveen Asset Management LLC owned about 1.35% of FirstCash worth $62,572,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. raised its position 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 purchasing an additional 22,009 shares during the last quarter. Earnest Partners LLC increased its stake in shares of FirstCash by 2.3% in the fourth quarter. Earnest Partners LLC now owns 2,338,671 shares of the company's stock valued at $242,286,000 after buying an additional 52,409 shares during the period. Fiduciary Management Inc. WI raised its position in shares of FirstCash by 76.1% during the fourth quarter. Fiduciary Management Inc. WI now owns 1,303,533 shares of the company's stock worth $135,046,000 after acquiring an additional 563,265 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of 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 acquiring an additional 9,264 shares during the period. Finally, Sei Investments Co. boosted its holdings in FirstCash by 5.4% in the fourth quarter. Sei Investments Co. now owns 648,582 shares of the company's stock valued at $67,193,000 after acquiring an additional 33,040 shares during the last quarter. Institutional investors and hedge funds own 80.30% of the company's stock.

FirstCash Trading Up 1.0%

Shares of NASDAQ:FCFS traded up $1.27 during midday trading on Thursday, reaching $127.00. The company's stock had a trading volume of 364,383 shares, compared to its average volume of 277,527. FirstCash Holdings, Inc. has a fifty-two week low of $100.24 and a fifty-two week high of $135.57. The company has a debt-to-equity ratio of 0.84, a quick ratio of 3.15 and a current ratio of 4.14. The firm has a 50 day moving average price of $124.55 and a two-hundred day moving average price of $114.63. The firm has a market capitalization of $5.63 billion, a price-to-earnings ratio of 22.16 and a beta of 0.63.

FirstCash (NASDAQ:FCFS - Get Free Report) last issued its 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. The business had revenue of $836.42 million during 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 firm's revenue for the quarter was up .0% on a year-over-year basis. During the same period in the previous year, the company posted $1.55 earnings per share. As a group, analysts forecast that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.20%. FirstCash's payout ratio is presently 24.32%.

Analyst Ratings Changes

Several research analysts have issued reports on FCFS shares. Stephens restated an "overweight" rating and set a $137.00 price target on shares of FirstCash in a report on Wednesday, February 19th. Wall Street Zen raised shares of FirstCash from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 2nd.

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.