2 days Ago By ABMN Staff
American Century Companies Inc. raised its position in shares of FirstCash Holdings, Inc. ( NASDAQ:FCFS – Free Report ) by 66.
0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 446,882 shares of the company’s stock after acquiring an additional 177,698 shares during the period. American Century Companies Inc.
’s holdings in FirstCash were worth $46,869,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently made changes to their positions in the company. Principal Securities Inc.
acquired a new position in shares of FirstCash in the fourth quarter valued at about $51,000. Jump Financial LLC bought a new position in shares of FirstCash during the fourth quarter worth approximately $716,000. Dimensional Fund Advisors LP raised its position in shares of FirstCash by 3.
6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,038,591 shares of the company’s stock valued at $112,573,000 after buying an additional 36,035 shares in the last quarter. Principal Financial Group Inc.
boosted its stake in shares of FirstCash by 2.5% in the fourth quarter. Principal Financial Group Inc.
now owns 150,282 shares of the company’s stock valued at $16,289,000 after buying an additional 3,701 shares during the period. Finally, Vanguard Personalized Indexing Management LLC grew its position in FirstCash by 45.4% during the fourth quarter.
Vanguard Personalized Indexing Management LLC now owns 3,796 shares of the company’s stock worth $411,000 after buying an additional 1,185 shares in the last quarter. Institutional investors and hedge funds own 80.30% of the company’s stock.
Analyst Ratings Changes Separately, BTIG Research began coverage on FirstCash in a report on Friday, June 7th. They issued a “neutral” rating for the company. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock.
Based on data from MarketBeat, FirstCash currently has a consensus rating of “Moderate Buy” and an average price target of $142.00. FirstCash Price Performance FCFS stock opened at $117.
92 on Tuesday. The company’s 50-day moving average price is $113.71 and its two-hundred day moving average price is $116.
15. FirstCash Holdings, Inc. has a 12 month low of $94.
55 and a 12 month high of $133.64. The company has a quick ratio of 3.
04, a current ratio of 4.03 and a debt-to-equity ratio of 0.85.
The firm has a market cap of $5.36 billion, a P/E ratio of 22.99 and a beta of 0.
62. FirstCash ( NASDAQ:FCFS – Get Free Report ) last announced its quarterly earnings data on Thursday, July 25th. The company reported $1.
37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.05.
FirstCash had a net margin of 7.17% and a return on equity of 14.90%.
The business had revenue of $831.00 million for the quarter, compared to analysts’ expectations of $824.87 million.
During the same period last year, the firm posted $1.22 earnings per share. The firm’s quarterly revenue was up 10.
7% compared to the same quarter last year. On average, analysts anticipate that FirstCash Holdings, Inc. will post 6.
56 earnings per share for the current fiscal year. FirstCash Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were given a dividend of $0.
38 per share. This is an increase from FirstCash’s previous quarterly dividend of $0.35.
This represents a $1.52 annualized dividend and a dividend yield of 1.29%.
The ex-dividend date of this dividend was Thursday, August 15th. FirstCash’s dividend payout ratio is currently 29.63%.
Insider Activity at FirstCash In other news, Director Douglas Richard Rippel sold 7,316 shares of the stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $119.98, for a total value of $877,773.
68. Following the completion of the transaction, the director now owns 4,735,843 shares of the company’s stock, valued at $568,206,443.14.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink . In related news, CFO R Douglas Orr sold 2,000 shares of the firm’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $107.
18, for a total transaction of $214,360.00. Following the sale, the chief financial officer now owns 90,715 shares of the company’s stock, valued at approximately $9,722,833.
70. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink . Also, Director Douglas Richard Rippel sold 7,316 shares of the company’s stock in a transaction dated Friday, August 30th.
The stock was sold at an average price of $119.98, for a total value of $877,773.68.
Following the completion of the transaction, the director now directly owns 4,735,843 shares of the company’s stock, valued at approximately $568,206,443.14. The disclosure for this sale can be found here .
Insiders have sold 16,154 shares of company stock valued at $1,912,562 over the last ninety days. 14.77% of the stock is owned by corporate insiders.
FirstCash Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding FCFS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for FirstCash Holdings, Inc. ( NASDAQ:FCFS – Free Report ). Receive News & Ratings for FirstCash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstCash and related companies with MarketBeat.
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