Vaughan Nelson Investment Management L.P. Acquires 79,930 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS)

Vaughan Nelson Investment Management L.P. raised its stake in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 14.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 640,521 shares of the company's stock after buying an additional 79,930 shares during the quarter. Vaughan Nelson Investment Management L.P. owned about 1.43% of FirstCash worth $77,067,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of FirstCash by 8.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,429 shares of the company's stock worth $413,000 after acquiring an additional 265 shares during the period. Pullen Investment Management LLC increased its holdings in FirstCash by 2.0% during the 1st quarter. Pullen Investment Management LLC now owns 17,148 shares of the company's stock worth $2,063,000 after purchasing an additional 338 shares in the last quarter. Elevation Point Wealth Partners LLC increased its holdings in FirstCash by 25.4% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 4,157 shares of the company's stock worth $500,000 after purchasing an additional 843 shares in the last quarter. CX Institutional acquired a new stake in shares of FirstCash in the 1st quarter valued at about $42,000. Finally, GAMMA Investing LLC lifted its holdings in shares of FirstCash by 117.1% in the first quarter. GAMMA Investing LLC now owns 2,158 shares of the company's stock valued at $260,000 after purchasing an additional 1,164 shares in the last quarter. Institutional investors own 80.30% of the company's stock.

FirstCash Stock Down 0.8%

FCFS stock traded down $1.00 during midday trading on Wednesday, hitting $128.65. The company's stock had a trading volume of 100,933 shares, compared to its average volume of 281,527. The company's fifty day moving average price is $127.82 and its 200 day moving average price is $117.46. The company has a debt-to-equity ratio of 0.83, a current ratio of 4.39 and a quick ratio of 3.28. FirstCash Holdings, Inc. has a twelve month low of $100.24 and a twelve month high of $135.57. The stock has a market capitalization of $5.71 billion, a P/E ratio of 20.57 and a beta of 0.62.

FirstCash (NASDAQ:FCFS - Get Free Report) last announced its quarterly earnings data 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 16.08% and a net margin of 8.29%. The company had revenue of $836.42 million during the quarter, compared to analysts' expectations of $837.11 million. During the same quarter last year, the company earned $1.55 EPS. FirstCash's revenue for the quarter was up .0% compared to the same quarter last year. As a group, equities research analysts predict that FirstCash Holdings, Inc. will post 7.7 EPS for the current year.

FirstCash Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 15th were paid a $0.38 dividend. The ex-dividend date was Thursday, May 15th. This represents a $1.52 dividend on an annualized basis and a yield of 1.18%. FirstCash's dividend payout ratio is 24.32%.

Wall Street Analyst Weigh In

FCFS has been the subject of several recent research reports. Wall Street Zen raised FirstCash from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 7th. Stephens reaffirmed an "overweight" rating and set a $137.00 price target on shares of FirstCash in a research report on Wednesday, February 19th.

Insiders Place Their Bets

In other FirstCash news, insider Howard F. Hambleton sold 3,900 shares of the stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $130.93, for a total value of $510,627.00. Following the completion of the sale, the insider now owns 32,481 shares in the company, valued at $4,252,737.33. This trade represents a 10.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 14.77% of the company's stock.

About FirstCash

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.