FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Sold by Twinbeech Capital LP

Twinbeech Capital LP lessened its holdings in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 95.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,026 shares of the company's stock after selling 47,096 shares during the quarter. Twinbeech Capital LP's holdings in FirstCash were worth $210,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Rialto Wealth Management LLC purchased a new position in FirstCash in the fourth quarter valued at about $31,000. J.Safra Asset Management Corp raised its holdings in shares of FirstCash by 38.8% in the 4th quarter. J.Safra Asset Management Corp now owns 454 shares of the company's stock worth $47,000 after buying an additional 127 shares in the last quarter. Quarry LP raised its holdings in shares of FirstCash by 986.5% in the 4th quarter. Quarry LP now owns 565 shares of the company's stock worth $59,000 after buying an additional 513 shares in the last quarter. Hurley Capital LLC acquired a new stake in FirstCash during the 4th quarter valued at $74,000. Finally, R Squared Ltd acquired a new stake in FirstCash during the 4th quarter valued at $92,000. Institutional investors and hedge funds own 80.30% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on FCFS shares. Stephens reissued an "overweight" rating and issued a $137.00 target price on shares of FirstCash in a research note on Wednesday, February 19th. Wall Street Zen lowered FirstCash from a "strong-buy" rating to a "buy" rating in a report on Saturday, May 24th.

FirstCash Price Performance

FirstCash stock traded up $0.25 during midday trading on Thursday, hitting $126.94. 41,780 shares of the company's stock were exchanged, compared to its average volume of 277,976. 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 stock has a 50-day moving average price of $125.55 and a two-hundred day moving average price of $115.30. FirstCash Holdings, Inc. has a 52-week low of $100.24 and a 52-week high of $135.57. The company has a market cap of $5.63 billion, a P/E ratio of 22.14 and a beta of 0.63.

FirstCash (NASDAQ:FCFS - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $2.07 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $837.11 million. During the same quarter in the prior year, the company earned $1.55 EPS. The business's revenue was up .0% compared to the same quarter last year. On average, equities research analysts forecast that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.52 dividend on an annualized basis and a yield of 1.20%. FirstCash's dividend payout ratio is presently 24.32%.

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.