FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Sold by Oberweis Asset Management Inc.

Oberweis Asset Management Inc. cut its stake in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 28.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 70,100 shares of the company's stock after selling 27,800 shares during the quarter. Oberweis Asset Management Inc. owned approximately 0.16% of FirstCash worth $7,262,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Rialto Wealth Management LLC acquired a new position in shares of FirstCash in the 4th quarter valued at $31,000. J.Safra Asset Management Corp raised its position in shares of FirstCash by 38.8% in the fourth quarter. J.Safra Asset Management Corp now owns 454 shares of the company's stock worth $47,000 after acquiring an additional 127 shares during the period. Hurley Capital LLC purchased a new stake in shares of FirstCash during the 4th quarter worth about $74,000. R Squared Ltd acquired a new stake in shares of FirstCash during the 4th quarter valued at about $92,000. Finally, Parkside Financial Bank & Trust increased its stake in shares of FirstCash by 7.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company's stock valued at $142,000 after purchasing an additional 94 shares in the last quarter. Hedge funds and other institutional investors own 80.30% of the company's stock.

FirstCash Price Performance

FCFS traded down $0.46 during trading on Wednesday, reaching $133.00. The company's stock had a trading volume of 112,321 shares, compared to its average volume of 270,770. The company has a market cap of $5.95 billion, a price-to-earnings ratio of 23.21 and a beta of 0.58. The firm has a fifty day simple moving average of $119.01 and a two-hundred day simple moving average of $112.23. FirstCash Holdings, Inc. has a 1 year low of $100.24 and a 1 year high of $134.18. The company has a quick ratio of 3.15, a current ratio of 4.14 and a debt-to-equity ratio of 0.84.

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, beating the consensus estimate of $1.75 by $0.32. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. The company had revenue of $836.42 million during the quarter, compared to analysts' expectations of $837.11 million. During the same period in the prior year, the business earned $1.55 EPS. The firm's quarterly revenue was up .0% on a year-over-year basis. As a group, analysts anticipate 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. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.14%. FirstCash's dividend payout ratio is currently 24.32%.

Analyst Upgrades and Downgrades

Separately, Stephens restated an "overweight" rating and set a $137.00 price target on shares of FirstCash in a research report on Wednesday, February 19th.

Insider Activity

In related news, major shareholder Douglas Richard Rippel sold 300,000 shares of the 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 owns 4,431,869 shares of the company's stock, valued at approximately $502,706,900.67. This trade represents a 6.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO R Douglas Orr sold 2,000 shares of the business'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 value of $226,700.00. Following the completion of the sale, the chief financial officer now directly owns 100,567 shares in the company, valued at approximately $11,399,269.45. The trade was a 1.95 % decrease in their position. 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.