2,393 Shares in FirstCash Holdings, Inc. (NASDAQ:FCFS) Bought by PharVision Advisers LLC

PharVision Advisers LLC acquired a new position 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 SEC. The institutional investor acquired 2,393 shares of the company's stock, valued at approximately $248,000.

Several other hedge funds also recently made changes to their positions in FCFS. JPMorgan Chase & Co. raised its holdings in shares of FirstCash by 67.6% during the 4th quarter. JPMorgan Chase & Co. now owns 268,732 shares of the company's stock valued at $27,841,000 after buying an additional 108,353 shares during the period. Principal Financial Group Inc. raised its holdings in shares of FirstCash by 3.6% during the fourth quarter. Principal Financial Group Inc. now owns 130,607 shares of the company's stock worth $13,531,000 after purchasing an additional 4,483 shares during the period. Vanguard Group Inc. lifted its holdings in shares of 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. Raymond James Financial Inc. bought a new stake in FirstCash in the 4th quarter valued at about $18,169,000. Finally, Lazard Asset Management LLC lifted its holdings in FirstCash by 45.1% in the fourth quarter. Lazard Asset Management LLC now owns 8,205 shares of the company's stock worth $850,000 after purchasing an additional 2,552 shares during the period. Institutional investors and hedge funds own 80.30% of the company's stock.

FirstCash Price Performance

Shares of FCFS traded down $0.64 during trading hours on Wednesday, hitting $127.29. 34,734 shares of the company were exchanged, compared to its average volume of 277,706. FirstCash Holdings, Inc. has a one year low of $100.24 and a one year high of $135.57. The company has a market capitalization of $5.65 billion, a PE ratio of 22.21 and a beta of 0.63. 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 firm has a fifty day simple moving average of $125.35 and a 200-day simple moving average of $115.22.

FirstCash (NASDAQ:FCFS - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $2.07 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $837.11 million. During the same period in the previous year, the firm earned $1.55 earnings per share. FirstCash's quarterly revenue was up .0% on a year-over-year basis. As a group, sell-side analysts predict that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current 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. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.52 annualized dividend and a dividend yield of 1.19%. FirstCash's dividend payout ratio is 24.32%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on FCFS shares. Stephens restated an "overweight" rating and issued a $137.00 target price on shares of FirstCash in a research report on Wednesday, February 19th. Wall Street Zen cut FirstCash from a "strong-buy" rating to a "buy" rating in a research note on Saturday.

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.