FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Acquired by Voloridge Investment Management LLC

Voloridge Investment Management LLC boosted its position in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 68.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 182,637 shares of the company's stock after buying an additional 74,349 shares during the period. Voloridge Investment Management LLC owned approximately 0.41% of FirstCash worth $18,921,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Barclays PLC boosted its stake in shares of FirstCash by 163.8% in the 3rd quarter. Barclays PLC now owns 81,807 shares of the company's stock worth $9,391,000 after buying an additional 50,799 shares during the last quarter. Park Avenue Securities LLC raised its holdings in FirstCash by 15.5% during the 4th quarter. Park Avenue Securities LLC now owns 2,039 shares of the company's stock valued at $211,000 after acquiring an additional 273 shares during the period. Exchange Traded Concepts LLC boosted its position in FirstCash by 2.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 6,304 shares of the company's stock valued at $653,000 after buying an additional 160 shares during the period. Blue Trust Inc. boosted its position in FirstCash by 98.3% during the fourth quarter. Blue Trust Inc. now owns 6,300 shares of the company's stock valued at $723,000 after buying an additional 3,123 shares during the period. Finally, KBC Group NV boosted its position in FirstCash by 54.1% during the fourth quarter. KBC Group NV now owns 1,859 shares of the company's stock valued at $193,000 after buying an additional 653 shares during the period. 80.30% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

FirstCash Price Performance

Shares of NASDAQ:FCFS traded down $1.09 during trading on Wednesday, hitting $126.84. 30,017 shares of the company's stock were exchanged, compared to its average volume of 277,696. The business's 50-day simple moving average is $125.35 and its 200 day simple moving average is $115.22. The company has a market cap of $5.63 billion, a price-to-earnings ratio of 22.16 and a beta of 0.63. FirstCash Holdings, Inc. has a 52-week low of $100.24 and a 52-week 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.

FirstCash (NASDAQ:FCFS - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported $2.07 earnings per share for the quarter, topping 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 firm had revenue of $836.42 million for the quarter, compared to the consensus estimate of $837.11 million. During the same period in the previous year, the firm posted $1.55 EPS. The business's quarterly revenue was up .0% on a year-over-year basis. As a group, equities analysts predict that FirstCash Holdings, Inc. will post 7.7 EPS for the current year.

FirstCash Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors 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 yield of 1.20%. FirstCash's payout ratio is 24.32%.

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.