FirstCash Holdings, Inc. (NASDAQ:FCFS) Stock Holdings Increased by Natixis Advisors LLC

Natixis Advisors LLC boosted its position in FirstCash Holdings, Inc. (NASDAQ:FCFS) by 10.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 175,305 shares of the company’s stock after buying an additional 16,165 shares during the quarter. Natixis Advisors LLC owned approximately 0.39% of FirstCash worth $18,162,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Virtu Financial LLC bought a new stake in FirstCash in the third quarter valued at about $553,000. Advantage Alpha Capital Partners LP bought a new stake in FirstCash in the third quarter valued at about $3,707,000. Principal Financial Group Inc. increased its holdings in FirstCash by 3.6% in the fourth quarter. Principal Financial Group Inc. now owns 130,607 shares of the company’s stock valued at $13,531,000 after buying an additional 4,483 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of FirstCash by 32.2% during the third quarter. JPMorgan Chase & Co. now owns 160,379 shares of the company’s stock valued at $18,412,000 after purchasing an additional 39,077 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of FirstCash during the fourth quarter valued at approximately $343,000. 80.30% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CFO R Douglas Orr sold 2,000 shares of the stock in a transaction on Wednesday, February 5th. The stock was 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 owns 100,567 shares in the company, valued at approximately $11,399,269.45. This represents a 1.95 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the stock in a transaction on Tuesday, February 11th. The shares were 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 disclosure for this sale can be found here. 14.77% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Stephens reaffirmed an “overweight” rating and set a $137.00 target price on shares of FirstCash in a report on Wednesday, February 19th.

FirstCash Stock Performance

Shares of NASDAQ FCFS opened at $117.03 on Wednesday. The company has a current ratio of 4.14, a quick ratio of 3.15 and a debt-to-equity ratio of 0.84. The stock has a 50 day simple moving average of $113.10 and a 200-day simple moving average of $110.84. The company has a market cap of $5.24 billion, a PE ratio of 20.42 and a beta of 0.63. FirstCash Holdings, Inc. has a 12-month low of $100.24 and a 12-month high of $133.64.

FirstCash (NASDAQ:FCFS) last issued its quarterly earnings data on Thursday, January 30th. The company reported $2.12 earnings per share (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%. On average, equities research analysts forecast that FirstCash Holdings, Inc. will post 7.7 EPS for the current year.

FirstCash Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.38 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.52 dividend on an annualized basis and a yield of 1.30%. FirstCash’s dividend payout ratio (DPR) is 26.53%.

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.