PharVision Advisers LLC Purchases New Holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS)

PharVision Advisers LLC purchased a new stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,393 shares of the company's stock, valued at approximately $248,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Parkside Financial Bank & Trust increased its position in shares of FirstCash by 7.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company's stock valued at $142,000 after acquiring an additional 94 shares during the last quarter. Bank of Nova Scotia increased its position in FirstCash by 3.6% in the fourth quarter. Bank of Nova Scotia now owns 3,403 shares of the company's stock worth $353,000 after buying an additional 117 shares during the last quarter. Sanctuary Advisors LLC increased its position in FirstCash by 1.8% in 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 last quarter. J.Safra Asset Management Corp increased its position in FirstCash by 38.8% in the fourth quarter. J.Safra Asset Management Corp now owns 454 shares of the company's stock worth $47,000 after buying an additional 127 shares during the last quarter. Finally, Summit Investment Advisors Inc. increased its position in FirstCash by 1.1% in the fourth quarter. Summit Investment Advisors Inc. now owns 11,960 shares of the company's stock worth $1,239,000 after buying an additional 127 shares during the last quarter. 80.30% of the stock is owned by hedge funds and other institutional investors.

FirstCash Stock Performance

NASDAQ:FCFS opened at $127.00 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 4.14 and a quick ratio of 3.15. The business has a fifty day simple moving average of $124.75 and a two-hundred day simple moving average of $114.78. FirstCash Holdings, Inc. has a 1 year low of $100.24 and a 1 year high of $135.57. The company has a market capitalization of $5.63 billion, a P/E ratio of 22.16 and a beta of 0.63.

FirstCash (NASDAQ:FCFS - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $2.07 EPS 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 firm had revenue of $836.42 million during the quarter, compared to analyst estimates of $837.11 million. During the same period last year, the company earned $1.55 earnings per share. The business's revenue for the quarter was up .0% on a year-over-year basis. On average, analysts expect that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Dividend Announcement

The business 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 $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Thursday, May 15th. FirstCash's payout ratio is currently 24.32%.

Analyst Upgrades and Downgrades

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

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.

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