FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Acquired by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. boosted its stake in FirstCash Holdings, Inc. (NASDAQ:FCFS) by 28.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 560,591 shares of the company’s stock after buying an additional 123,386 shares during the period. Vaughan Nelson Investment Management L.P. owned approximately 1.25% of FirstCash worth $58,076,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. CWM LLC raised its stake in shares of FirstCash by 157.5% in the 3rd quarter. CWM LLC now owns 569 shares of the company’s stock valued at $65,000 after acquiring an additional 348 shares during the period. R Squared Ltd purchased a new position in shares of FirstCash during the fourth quarter worth $92,000. GAMMA Investing LLC grew its stake in shares of FirstCash by 28.9% in the third quarter. GAMMA Investing LLC now owns 900 shares of the company’s stock valued at $103,000 after buying an additional 202 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of FirstCash in the 3rd quarter valued at $133,000. Finally, KBC Group NV lifted its stake in FirstCash by 20.5% during the 3rd quarter. KBC Group NV now owns 1,206 shares of the company’s stock worth $138,000 after acquiring an additional 205 shares in the last quarter. Institutional investors and hedge funds own 80.30% of the company’s stock.

FirstCash Trading Up 1.2 %

NASDAQ FCFS opened at $113.20 on Friday. FirstCash Holdings, Inc. has a 52 week low of $100.24 and a 52 week high of $133.64. The firm has a 50 day moving average of $107.72 and a two-hundred day moving average of $110.89. The company has a quick ratio of 3.15, a current ratio of 4.14 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $5.07 billion, a PE ratio of 19.76 and a beta of 0.67.

FirstCash (NASDAQ:FCFS) last posted its earnings results on Thursday, January 30th. The company reported $2.12 EPS for the quarter, beating 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%. As a group, research analysts expect that FirstCash Holdings, Inc. will post 7.7 EPS for the current fiscal year.

FirstCash Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend is Friday, February 14th. FirstCash’s dividend payout ratio (DPR) is 26.53%.

Insider Buying and Selling at FirstCash

In related news, CFO R Douglas Orr sold 2,000 shares of the stock in a transaction 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 transaction, the chief financial officer now directly owns 100,567 shares of the company’s stock, valued at $11,399,269.45. This trade represents a 1.95 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 14.77% of the stock is currently owned by insiders.

Analysts Set New Price Targets

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

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.