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 FirstCash stock in a transaction dated Tuesday, June 10th. The stock was 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 of the company's stock, valued at approximately $4,252,737.33. The trade was a 10.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

FirstCash Trading Down 0.8%

FCFS traded down $1.04 during midday trading on Friday, reaching $130.14. 268,965 shares of the company were exchanged, compared to its average volume of 282,479. The company has a debt-to-equity ratio of 0.84, a quick ratio of 3.15 and a current ratio of 4.14. FirstCash Holdings, Inc. has a one year low of $100.24 and a one year high of $135.57. The stock has a market capitalization of $5.77 billion, a P/E ratio of 22.71 and a beta of 0.62. The stock's 50-day simple moving average is $127.38 and its 200 day simple moving average is $117.10.

FirstCash (NASDAQ:FCFS - Get Free Report) last issued its 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. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. The firm had revenue of $836.42 million for the quarter, compared to analysts' expectations of $837.11 million. During the same quarter last year, the business earned $1.55 earnings per share. The company's revenue was up .0% compared to the same quarter last year. As a group, analysts forecast that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current fiscal year.

FirstCash Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 15th were issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend was Thursday, May 15th. FirstCash's dividend payout ratio (DPR) is presently 24.32%.

Hedge Funds Weigh In On FirstCash

Institutional investors have recently modified their holdings of the business. Farther Finance Advisors LLC lifted its holdings in shares of FirstCash by 808.0% during the 1st quarter. Farther Finance Advisors LLC now owns 227 shares of the company's stock valued at $27,000 after purchasing an additional 202 shares in the last quarter. Rialto Wealth Management LLC bought a new position in shares of FirstCash during the 4th quarter valued at about $31,000. CX Institutional bought a new position in shares of FirstCash during the 1st quarter valued at about $42,000. UMB Bank n.a. lifted its holdings in shares of FirstCash by 167.5% during the 1st quarter. UMB Bank n.a. now owns 452 shares of the company's stock valued at $54,000 after purchasing an additional 283 shares in the last quarter. Finally, J.Safra Asset Management Corp lifted its holdings in shares of FirstCash by 38.8% during the 4th quarter. J.Safra Asset Management Corp now owns 454 shares of the company's stock valued at $47,000 after purchasing an additional 127 shares in the last quarter. Institutional investors own 80.30% of the company's stock.

Analysts Set New Price Targets

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

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.