R Douglas Orr Sells 2,000 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) Stock

FirstCash Holdings, Inc. (NASDAQ:FCFS) CFO R Douglas Orr sold 2,000 shares of the company’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 transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

FirstCash Trading Up 1.2 %

FCFS stock traded up $1.36 during midday trading on Friday, hitting $113.20. The stock had a trading volume of 184,826 shares, compared to its average volume of 226,705. FirstCash Holdings, Inc. has a 12-month low of $100.24 and a 12-month high of $133.64. The firm has a market cap of $5.07 billion, a PE ratio of 19.76 and a beta of 0.67. The company’s 50-day moving average price is $107.63 and its 200 day moving average price is $110.85. The company has a debt-to-equity ratio of 0.84, a current ratio of 4.14 and a quick ratio of 3.15.

FirstCash (NASDAQ:FCFS) last announced its quarterly earnings data on Thursday, January 30th. The company reported $2.12 EPS for the quarter, beating analysts’ consensus estimates of $2.02 by $0.10. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. On average, equities research analysts predict that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current fiscal year.

FirstCash Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Friday, February 14th. FirstCash’s dividend payout ratio is currently 26.53%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on FCFS shares. TD Cowen cut their price target on FirstCash from $134.00 to $130.00 and set a “buy” rating for the company in a report on Monday, October 28th. Stephens assumed coverage on shares of FirstCash in a research note on Wednesday, November 13th. They issued an “overweight” rating and a $137.00 target price for the company.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Rialto Wealth Management LLC purchased a new stake in shares of FirstCash during the 4th quarter worth about $31,000. J.Safra Asset Management Corp grew its stake in FirstCash by 38.8% during the fourth quarter. J.Safra Asset Management Corp now owns 454 shares of the company’s stock worth $47,000 after buying an additional 127 shares during the period. CWM LLC increased its position in shares of FirstCash by 157.5% in the third quarter. CWM LLC now owns 569 shares of the company’s stock worth $65,000 after acquiring an additional 348 shares in the last quarter. R Squared Ltd purchased a new position in shares of FirstCash in the 4th quarter valued at $92,000. Finally, GAMMA Investing LLC raised its stake in shares of FirstCash by 28.9% in the 3rd quarter. GAMMA Investing LLC now owns 900 shares of the company’s stock valued at $103,000 after acquiring an additional 202 shares during the period. 80.30% of the stock is owned by hedge funds and other institutional investors.

About FirstCash

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.