FirstCash Holdings, Inc. (NASDAQ:FCFS) Insider Howard F. Hambleton Sells 3,900 Shares

FirstCash Holdings, Inc. (NASDAQ:FCFS - Get Free Report) insider Howard F. Hambleton sold 3,900 shares of the company's stock in a transaction dated 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 directly owns 32,481 shares of the company's stock, valued at approximately $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 Securities & Exchange Commission, which is available through this hyperlink.

FirstCash Price Performance

Shares of FirstCash stock traded down $1.20 during trading on Wednesday, hitting $130.74. 309,485 shares of the stock traded hands, compared to its average volume of 282,000. The company has a quick ratio of 3.15, a current ratio of 4.14 and a debt-to-equity ratio of 0.84. The stock has a market cap of $5.80 billion, a price-to-earnings ratio of 22.82 and a beta of 0.62. The firm's fifty day moving average is $126.92 and its 200-day moving average is $116.79. FirstCash Holdings, Inc. has a 52 week low of $100.24 and a 52 week high of $135.57.

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 the consensus estimate of $1.75 by $0.32. The company had revenue of $836.42 million for the quarter, compared to analyst estimates of $837.11 million. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. The firm's revenue was up .0% on a year-over-year basis. During the same period in the previous year, the company posted $1.55 earnings per share. Research analysts expect that FirstCash Holdings, Inc. will post 7.7 EPS for the current fiscal year.

FirstCash Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 15th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend was Thursday, May 15th. FirstCash's payout ratio is currently 24.32%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on FCFS shares. Stephens reiterated an "overweight" rating and issued a $137.00 price target on shares of FirstCash in a research report on Wednesday, February 19th. Wall Street Zen upgraded FirstCash from a "buy" rating to a "strong-buy" rating in a report on Saturday.

Hedge Funds Weigh In On FirstCash

Several institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. grew its holdings in FirstCash by 67.6% during the 4th quarter. JPMorgan Chase & Co. now owns 268,732 shares of the company's stock worth $27,841,000 after acquiring an additional 108,353 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of FirstCash by 3.6% in the 4th quarter. Principal Financial Group Inc. now owns 130,607 shares of the company's stock valued at $13,531,000 after purchasing an additional 4,483 shares during the period. Vanguard Group Inc. raised its stake in shares of FirstCash by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 4,112,978 shares of the company's stock worth $426,105,000 after buying an additional 22,009 shares during the period. Lazard Asset Management LLC boosted its holdings in FirstCash by 45.1% in the 4th quarter. Lazard Asset Management LLC now owns 8,205 shares of the company's stock worth $850,000 after buying an additional 2,552 shares during the last quarter. Finally, Pullen Investment Management LLC boosted its position in FirstCash by 76.4% during the fourth quarter. Pullen Investment Management LLC now owns 16,810 shares of the company's stock worth $1,742,000 after acquiring an additional 7,280 shares during the last quarter. Institutional investors own 80.30% of the company's stock.

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.