ProShare Advisors LLC Has $1.31 Million Stock Position in FirstCash Holdings, Inc. (NASDAQ:FCFS)

ProShare Advisors LLC lifted its holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 41.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,671 shares of the company's stock after purchasing an additional 3,696 shares during the period. ProShare Advisors LLC's holdings in FirstCash were worth $1,313,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Rialto Wealth Management LLC bought a new position in shares of FirstCash in the fourth quarter worth about $31,000. J.Safra Asset Management Corp increased its stake in shares of 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 purchasing an additional 127 shares during the period. Quarry LP increased its stake in shares of FirstCash by 986.5% in the fourth quarter. Quarry LP now owns 565 shares of the company's stock worth $59,000 after purchasing an additional 513 shares during the period. Hurley Capital LLC bought a new position in shares of FirstCash in the fourth quarter worth about $74,000. Finally, R Squared Ltd bought a new position in shares of FirstCash in the fourth quarter worth about $92,000. 80.30% of the stock is currently owned by institutional investors.

FirstCash Stock Performance

FCFS traded up $0.41 on Tuesday, hitting $127.91. 23,274 shares of the stock traded hands, compared to its average volume of 277,922. FirstCash Holdings, Inc. has a 52 week low of $100.24 and a 52 week 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. The firm has a market capitalization of $5.67 billion, a PE ratio of 22.38 and a beta of 0.63. The business has a fifty day moving average price of $125.14 and a two-hundred day moving average price of $115.13.

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

FirstCash Dividend Announcement

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 issued 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 is Thursday, May 15th. FirstCash's payout ratio is 24.32%.

Analyst Ratings Changes

A number of research firms have recently commented on FCFS. Wall Street Zen lowered FirstCash from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Stephens restated an "overweight" rating and set a $137.00 price target on shares of FirstCash in a research note 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.