Twinbeech Capital LP Sells 47,096 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS)

Twinbeech Capital LP decreased its position in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) by 95.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,026 shares of the company’s stock after selling 47,096 shares during the quarter. Twinbeech Capital LP’s holdings in FirstCash were worth $210,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Parkside Financial Bank & Trust lifted its position in FirstCash by 7.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company’s stock worth $142,000 after purchasing an additional 94 shares during the period. Bank of Nova Scotia lifted its position in FirstCash by 3.6% during the fourth quarter. Bank of Nova Scotia now owns 3,403 shares of the company’s stock worth $353,000 after purchasing an additional 117 shares during the period. Sanctuary Advisors LLC lifted its position in FirstCash by 1.8% during the fourth quarter. Sanctuary Advisors LLC now owns 7,347 shares of the company’s stock worth $826,000 after purchasing an additional 127 shares during the period. J.Safra Asset Management Corp lifted its holdings in shares of FirstCash by 38.8% in the fourth quarter. J.Safra Asset Management Corp now owns 454 shares of the company’s stock worth $47,000 after acquiring an additional 127 shares during the last quarter. Finally, Summit Investment Advisors Inc. lifted its holdings in shares of FirstCash by 1.1% in the fourth quarter. Summit Investment Advisors Inc. now owns 11,960 shares of the company’s stock worth $1,239,000 after acquiring an additional 127 shares during the last quarter. Institutional investors own 80.30% of the company’s stock.

FirstCash Stock Performance

NASDAQ:FCFS opened at $127.50 on Friday. The company has a market capitalization of $5.66 billion, a PE ratio of 22.25 and a beta of 0.63. The company has a 50 day simple moving average of $124.96 and a two-hundred day simple moving average of $114.92. The company has a debt-to-equity ratio of 0.84, a quick ratio of 3.15 and a current ratio of 4.14. FirstCash Holdings, Inc. has a fifty-two week low of $100.24 and a fifty-two week high of $135.57.

FirstCash (NASDAQ:FCFS) last released its quarterly earnings data on Thursday, April 24th. The company reported $2.07 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.32. The company had revenue of $836.42 million during the quarter, compared to analyst estimates of $837.11 million. FirstCash had a net margin of 7.64% and a return on equity of 14.99%. FirstCash’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.55 EPS. Research analysts anticipate that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.19%. The ex-dividend date is Thursday, May 15th. FirstCash’s payout ratio is currently 24.32%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Wall Street Zen cut shares of FirstCash from a “strong-buy” rating to a “buy” rating in a report on Saturday. Stephens reissued an “overweight” rating and issued a $137.00 target price on shares of FirstCash in a report on Wednesday, February 19th.

FirstCash Company Profile

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.