XTX Topco Ltd Purchases New Position in FirstCash Holdings, Inc. (NASDAQ:FCFS)

XTX Topco Ltd bought a new stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,273 shares of the company's stock, valued at approximately $339,000.

Other large investors have also added to or reduced their stakes in the company. Rialto Wealth Management LLC acquired a new stake in shares of FirstCash during the fourth quarter worth $31,000. J.Safra Asset Management Corp increased its position in shares of FirstCash by 38.8% during the fourth quarter. J.Safra Asset Management Corp now owns 454 shares of the company's stock valued at $47,000 after acquiring an additional 127 shares during the last quarter. Hurley Capital LLC acquired a new position in shares of FirstCash in the fourth quarter valued at approximately $74,000. R Squared Ltd purchased a new stake in shares of FirstCash during the fourth quarter worth approximately $92,000. Finally, Parkside Financial Bank & Trust increased its holdings 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 acquiring an additional 94 shares during the last quarter. Institutional investors own 80.30% of the company's stock.

Insider Transactions at FirstCash

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

Wall Street Analysts Forecast Growth

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

FirstCash Price Performance

Shares of NASDAQ:FCFS traded up $0.82 during trading on Tuesday, reaching $133.50. The company had a trading volume of 82,895 shares, compared to its average volume of 270,423. 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 firm's fifty day moving average is $118.63 and its 200 day moving average is $112.08. FirstCash Holdings, Inc. has a twelve month low of $100.24 and a twelve month high of $134.15. The firm has a market capitalization of $5.98 billion, a PE ratio of 23.28 and a beta of 0.58.

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

FirstCash Announces Dividend

The firm also recently announced 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. This represents a $1.52 annualized dividend and a yield of 1.14%. The ex-dividend date is Thursday, May 15th. FirstCash's payout ratio is 26.53%.

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.