Prudential Financial Inc. Reduces Stake in FirstCash Holdings, Inc. (NASDAQ:FCFS)

featured-image

Prudential Financial Inc. lessened its stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS – Free Report) by 32.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,689 shares of the company’s stock after selling 1,743 shares during the period. Prudential Financial [...]

Prudential Financial Inc. lessened its stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS – Free Report) by 32.

1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,689 shares of the company’s stock after selling 1,743 shares during the period. Prudential Financial Inc.



’s holdings in FirstCash were worth $382,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors and hedge funds have also recently modified their holdings of FCFS. Vanguard Group Inc.

raised its stake in FirstCash by 0.5% during the fourth quarter. Vanguard Group Inc.

now owns 4,112,978 shares of the company’s stock worth $426,105,000 after purchasing an additional 22,009 shares during the period. State Street Corp raised its position in shares of FirstCash by 2.1% during the 3rd quarter.

State Street Corp now owns 1,386,726 shares of the company’s stock valued at $159,196,000 after buying an additional 28,415 shares during the period. Sei Investments Co. lifted its holdings in FirstCash by 5.

4% in the fourth quarter. Sei Investments Co. now owns 648,582 shares of the company’s stock valued at $67,193,000 after acquiring an additional 33,040 shares during the last quarter.

Vaughan Nelson Investment Management L.P. grew its position in FirstCash by 28.

2% in the fourth quarter. Vaughan Nelson Investment Management L.P.

now owns 560,591 shares of the company’s stock worth $58,076,000 after acquiring an additional 123,386 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in FirstCash by 4.

4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 519,945 shares of the company’s stock worth $53,866,000 after acquiring an additional 21,685 shares during the period.

Institutional investors and hedge funds own 80.30% of the company’s stock. FirstCash Stock PerformanceShares of FCFS stock opened at $120.

19 on Thursday. FirstCash Holdings, Inc. has a one year low of $100.

24 and a one year high of $133.64. 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 50 day moving average price is $116.34 and its 200-day moving average price is $111.21.

The firm has a market cap of $5.38 billion, a P/E ratio of 20.98 and a beta of 0.

58. FirstCash (NASDAQ:FCFS – Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The company reported $2.

12 EPS for the quarter, topping the consensus estimate of $2.02 by $0.10.

FirstCash had a return on equity of 14.99% and a net margin of 7.64%.

As a group, equities research analysts predict that FirstCash Holdings, Inc. will post 7.7 EPS for the current year.

FirstCash Dividend AnnouncementThe firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders 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 annualized dividend and a dividend yield of 1.

26%. FirstCash’s dividend payout ratio is presently 26.53%.

Wall Street Analyst Weigh InSeparately, Stephens reaffirmed an “overweight” rating and issued a $137.00 price target on shares of FirstCash in a research note on Wednesday, February 19th.Check Out Our Latest Analysis on FCFSInsider ActivityIn other FirstCash news, major shareholder Douglas Richard Rippel sold 300,000 shares of the stock in a transaction dated Tuesday, February 11th.

The stock was sold at an average price of $113.43, for a total value of $34,029,000.00.

Following the sale, the insider now owns 4,431,869 shares of the company’s stock, valued at $502,706,900.67. This trade represents a 6.

34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 approximately $11,399,269.45. This represents a 1.

95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 14.

77% of the company’s stock. 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.

Featured StoriesFive stocks we like better than FirstCashIndustrial Products Stocks Investing Quantum Computing: The $6.5 Billion Opportunity You Can’t IgnoreCanadian Penny Stocks: Can They Make You Rich? Are Tariffs Threatening Disney’s Comeback Story?How to Know Which Cryptocurrency to Buy: A Guide for InvestorsIs Alphabet a Generational Buying Opportunity at These Levels?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)..