Aquatic Capital Management LLC Has $1.14 Million Stake in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Aquatic Capital Management LLC increased its stake in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 422.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,976 shares of the company's stock after buying an additional 8,876 shares during the quarter. Aquatic Capital Management LLC's holdings in FirstCash were worth $1,137,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rialto Wealth Management LLC acquired a new position in shares of FirstCash during the 4th quarter worth about $31,000. J.Safra Asset Management Corp raised its stake in 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 during the period. Hurley Capital LLC acquired a new stake in shares of FirstCash in the fourth quarter valued at approximately $74,000. R Squared Ltd bought a new position in shares of FirstCash during the 4th quarter worth approximately $92,000. Finally, Parkside Financial Bank & Trust increased its holdings in shares of FirstCash by 7.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company's stock worth $142,000 after acquiring an additional 94 shares during the last quarter. 80.30% of the stock is owned by institutional investors.

FirstCash Stock Performance

Shares of FCFS stock traded down $1.01 on Tuesday, hitting $134.55. The company's stock had a trading volume of 36,379 shares, compared to its average volume of 272,060. FirstCash Holdings, Inc. has a fifty-two week low of $100.24 and a fifty-two week high of $138.41. 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's 50 day moving average is $120.63 and its 200-day moving average is $112.78. The company has a market capitalization of $5.97 billion, a PE ratio of 23.47 and a beta of 0.63.

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, topping analysts' consensus estimates of $1.75 by $0.32. The business had revenue of $836.42 million for the quarter, compared to the consensus estimate of $837.11 million. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. The firm's quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.55 earnings per share. Equities research analysts expect that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current fiscal year.

FirstCash Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a dividend of $0.38 per share. The ex-dividend date is Thursday, May 15th. This represents a $1.52 annualized dividend and a yield of 1.13%. FirstCash's dividend payout ratio is 24.32%.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. StockNews.com raised shares of FirstCash from a "buy" rating to a "strong-buy" rating in a research report on Friday. Stephens reiterated an "overweight" rating and issued a $137.00 price target on shares of FirstCash in a research note on Wednesday, February 19th.

Insiders Place Their Bets

In other news, CFO R Douglas Orr sold 2,000 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $113.35, for a total transaction of $226,700.00. Following the completion of the sale, the chief financial officer now owns 100,567 shares of the company's stock, valued at approximately $11,399,269.45. This represents a 1.95 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of FirstCash stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $113.43, for a total transaction of $34,029,000.00. Following the completion of the transaction, the insider now directly owns 4,431,869 shares in the company, valued at $502,706,900.67. This trade represents a 6.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 14.77% of the company's stock.

FirstCash 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.