ProShare Advisors LLC grew its position in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 41.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,671 shares of the company's stock after acquiring an additional 3,696 shares during the quarter. ProShare Advisors LLC's holdings in FirstCash were worth $1,313,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Rialto Wealth Management LLC acquired a new stake in FirstCash in the 4th quarter valued at $31,000. J.Safra Asset Management Corp lifted 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 valued at $47,000 after buying an additional 127 shares in the last quarter. Quarry LP grew its holdings in shares of FirstCash by 986.5% during the fourth quarter. Quarry LP now owns 565 shares of the company's stock valued at $59,000 after buying an additional 513 shares during the last quarter. Hurley Capital LLC bought a new stake in shares of FirstCash during the fourth quarter worth about $74,000. Finally, R Squared Ltd bought a new stake in shares of FirstCash during the fourth quarter worth about $92,000. 80.30% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on FCFS. Stephens reaffirmed an "overweight" rating and issued a $137.00 price target on shares of FirstCash in a research report on Wednesday, February 19th. StockNews.com upgraded FirstCash from a "buy" rating to a "strong-buy" rating in a report on Friday, May 2nd.
Check Out Our Latest Stock Analysis on FirstCash
FirstCash Price Performance
FCFS opened at $125.73 on Thursday. FirstCash Holdings, Inc. has a 1 year low of $100.24 and a 1 year high of $135.57. 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 company has a market capitalization of $5.58 billion, a price-to-earnings ratio of 21.94 and a beta of 0.63. The firm's fifty day moving average price is $124.55 and its two-hundred day moving average price is $114.63.
FirstCash (NASDAQ:FCFS - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $2.07 earnings per share for the quarter, beating analysts' consensus estimates of $1.75 by $0.32. FirstCash had a net margin of 7.64% and a return on equity of 14.99%. The company had revenue of $836.42 million for the quarter, compared to analyst estimates of $837.11 million. During the same period last year, the firm earned $1.55 earnings per share. The firm's revenue was up .0% on a year-over-year basis. As a group, analysts anticipate that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current fiscal year.
FirstCash Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid a $0.38 dividend. 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 1.21%. FirstCash's payout ratio is presently 24.32%.
FirstCash Profile
(
Free Report)
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.
Featured Articles
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