Integrated Investment Consultants LLC Buys 105 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS)

Integrated Investment Consultants LLC raised its stake in FirstCash Holdings, Inc. (NASDAQ:FCFS) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,595 shares of the company’s stock after buying an additional 105 shares during the quarter. Integrated Investment Consultants LLC’s holdings in FirstCash were worth $476,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of FCFS. Point72 Asia Singapore Pte. Ltd. bought a new position in FirstCash in the second quarter valued at approximately $54,000. CWM LLC lifted 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 purchasing an additional 348 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of FirstCash by 28.9% in the third quarter. GAMMA Investing LLC now owns 900 shares of the company’s stock worth $103,000 after purchasing an additional 202 shares in the last quarter. Quarry LP lifted its position in shares of FirstCash by 511.1% in the second quarter. Quarry LP now owns 1,100 shares of the company’s stock worth $115,000 after purchasing an additional 920 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of FirstCash in the third quarter worth $133,000. Institutional investors own 80.30% of the company’s stock.

FirstCash Stock Performance

NASDAQ FCFS opened at $112.14 on Friday. The company has a current ratio of 4.31, a quick ratio of 3.23 and a debt-to-equity ratio of 0.87. The firm’s fifty day moving average price is $106.16 and its two-hundred day moving average price is $110.20. FirstCash Holdings, Inc. has a 1 year low of $100.24 and a 1 year high of $133.64. The firm has a market capitalization of $5.02 billion, a P/E ratio of 20.77 and a beta of 0.66.

FirstCash (NASDAQ:FCFS) last posted its quarterly earnings results on Thursday, October 24th. The company reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.05. FirstCash had a net margin of 7.29% and a return on equity of 14.97%. The firm had revenue of $837.30 million for the quarter, compared to analyst estimates of $843.94 million. During the same period in the prior year, the firm posted $1.56 earnings per share. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. As a group, research analysts anticipate that FirstCash Holdings, Inc. will post 6.61 EPS for the current year.

FirstCash Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th were issued a $0.38 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.52 annualized dividend and a dividend yield of 1.36%. FirstCash’s dividend payout ratio is currently 28.15%.

Insider Buying and Selling at FirstCash

In other FirstCash news, CFO R Douglas Orr sold 2,000 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $105.68, for a total value of $211,360.00. Following the transaction, the chief financial officer now directly owns 88,715 shares in the company, valued at $9,375,401.20. The trade was a 2.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 14.77% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. TD Cowen cut their price objective on shares of FirstCash from $134.00 to $130.00 and set a “buy” rating on the stock in a research report on Monday, October 28th. Stephens began coverage on shares of FirstCash in a research report on Wednesday, November 13th. They set an “overweight” rating and a $137.00 price target on the stock.

FirstCash 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.