1 day Ago By ABMN Staff
Russell Investments Group Ltd. cut its holdings in shares of FirstCash Holdings, Inc. ( NASDAQ:FCFS – Free Report ) by 64.
6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 31,595 shares of the company’s stock after selling 57,572 shares during the period. Russell Investments Group Ltd.
owned approximately 0.07% of FirstCash worth $3,273,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also recently modified their holdings of FCFS.
Virtu Financial LLC acquired a new stake in FirstCash in the third quarter valued at approximately $553,000. JPMorgan Chase & Co. lifted its position in shares of FirstCash by 67.
6% during the 4th quarter. JPMorgan Chase & Co. now owns 268,732 shares of the company’s stock valued at $27,841,000 after buying an additional 108,353 shares in the last quarter.
Principal Financial Group Inc. grew its stake in 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 acquiring an additional 4,483 shares during the period. Vanguard Group Inc.
increased its holdings in FirstCash by 0.5% in the 4th quarter. Vanguard Group Inc.
now owns 4,112,978 shares of the company’s stock worth $426,105,000 after acquiring an additional 22,009 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in FirstCash during the fourth quarter worth $18,169,000.
Hedge funds and other institutional investors own 80.30% of the company’s stock. FirstCash Stock Performance NASDAQ FCFS opened at $120.
06 on Thursday. The company has a debt-to-equity ratio of 0.84, a current ratio of 4.
14 and a quick ratio of 3.15. The stock’s 50 day simple moving average is $117.
19 and its 200-day simple moving average is $111.44. The company has a market cap of $5.
37 billion, a PE ratio of 20.95 and a beta of 0.58.
FirstCash Holdings, Inc. has a 1-year low of $100.24 and a 1-year high of $133.
64. FirstCash Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.
38 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.
52 dividend on an annualized basis and a yield of 1.27%. FirstCash’s payout ratio is presently 26.
53%. Analyst Ratings Changes Separately, Stephens reiterated an “overweight” rating and issued a $137.00 target price on shares of FirstCash in a research report on Wednesday, February 19th.
Check Out Our Latest Research Report on FCFS Insider Activity at FirstCash In other news, major shareholder Douglas Richard Rippel sold 300,000 shares of the business’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 transaction, the insider now owns 4,431,869 shares of the company’s stock, valued at approximately $502,706,900.67.
The trade was a 6.34 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link .
Also, CFO R Douglas Orr sold 2,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $113.35, for a total transaction of $226,700.
00. Following the completion of the sale, the chief financial officer now directly owns 100,567 shares of the company’s stock, valued at $11,399,269.45.
This represents a 1.95 % decrease in their position. The disclosure for this sale can be found here .
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. Recommended Stories 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.
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