One Capital Management LLC Buys 4,451 Shares of FirstCash Holdings, Inc. $FCFS

One Capital Management LLC raised its stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) by 42.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,865 shares of the company’s stock after acquiring an additional 4,451 shares during the period. One Capital Management LLC’s holdings in FirstCash were worth $2,369,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in FirstCash by 96.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 240,441 shares of the company’s stock valued at $38,091,000 after acquiring an additional 117,788 shares in the last quarter. Vanguard Group Inc. lifted its stake in FirstCash by 2.1% during the 3rd quarter. Vanguard Group Inc. now owns 4,096,956 shares of the company’s stock valued at $649,040,000 after acquiring an additional 83,113 shares in the last quarter. Oak Ridge Investments LLC bought a new position in FirstCash during the 4th quarter valued at $1,857,000. Northwestern Mutual Wealth Management Co. lifted its stake in FirstCash by 70,840.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,983 shares of the company’s stock valued at $7,010,000 after acquiring an additional 43,921 shares in the last quarter. Finally, Mirabella Financial Services LLP bought a new position in FirstCash during the 3rd quarter valued at $3,463,000. 80.30% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on FCFS. Canaccord Genuity Group lifted their target price on FirstCash from $242.00 to $252.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Weiss Ratings cut FirstCash from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday, April 27th. TD Cowen lifted their target price on FirstCash from $205.00 to $235.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Zacks Research upgraded FirstCash from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Wall Street Zen cut FirstCash from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 10th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $198.00.

FirstCash Stock Down 2.1%

FCFS stock opened at $209.25 on Wednesday. The company has a quick ratio of 3.42, a current ratio of 4.77 and a debt-to-equity ratio of 0.98. The firm has a market capitalization of $9.17 billion, a PE ratio of 26.22 and a beta of 0.52. FirstCash Holdings, Inc. has a twelve month low of $119.21 and a twelve month high of $235.97. The stock has a 50-day simple moving average of $211.45 and a two-hundred day simple moving average of $185.21.

FirstCash (NASDAQ:FCFS) last posted its earnings results on Thursday, April 23rd. The company reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.30 by $0.39. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1 billion. FirstCash had a return on equity of 18.68% and a net margin of 9.15%.The company’s quarterly revenue was up 25.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.07 EPS. On average, equities analysts predict that FirstCash Holdings, Inc. will post 11.3 EPS for the current fiscal year.

FirstCash Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, May 15th. FirstCash’s payout ratio is presently 21.05%.

Insider Buying and Selling at FirstCash

In other FirstCash news, Director Paula K. Garrett sold 1,500 shares of FirstCash stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $217.40, for a total transaction of $326,100.00. Following the completion of the transaction, the director owned 6,564 shares of the company’s stock, valued at $1,427,013.60. The trade was a 18.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Raul Ramos sold 3,165 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $231.13, for a total value of $731,526.45. Following the transaction, the senior vice president directly owned 27,235 shares of the company’s stock, valued at $6,294,825.55. The trade was a 10.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 20,665 shares of company stock worth $4,703,656. 2.86% of the stock is owned by corporate insiders.

FirstCash Company Profile

FirstCash, Inc (NASDAQ: FCFS) is a leading integrated operator of pawn stores and provider of short-term consumer loan services in the United States and Mexico. Through its retail pawn outlets, FirstCash offers collateral-based loans secured by personal property, enabling customers to access liquidity without a credit history or traditional bank account. The company also purchases, trades and sells a broad range of secondhand merchandise, including electronics, jewelry and power tools, through its network of conveniently located stores.

In addition to its pawn-broking activities, FirstCash provides unsecured consumer loans designed to meet urgent cash needs.