FirstCash Holdings, Inc. $FCFS Shares Sold by Capitolis Liquid Global Markets LLC

Capitolis Liquid Global Markets LLC decreased its position in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) by 96.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,700 shares of the company’s stock after selling 41,600 shares during the quarter. Capitolis Liquid Global Markets LLC’s holdings in FirstCash were worth $269,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of FCFS. Vanguard Group Inc. grew its stake in FirstCash by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 4,096,956 shares of the company’s stock worth $649,040,000 after acquiring an additional 83,113 shares during the period. Geode Capital Management LLC lifted its stake in shares of FirstCash by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 980,738 shares of the company’s stock worth $132,552,000 after purchasing an additional 11,534 shares during the period. Stephens Investment Management Group LLC boosted its holdings in shares of FirstCash by 1.0% during the third quarter. Stephens Investment Management Group LLC now owns 857,510 shares of the company’s stock worth $135,847,000 after purchasing an additional 8,610 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of FirstCash by 4.0% during the third quarter. Sei Investments Co. now owns 742,610 shares of the company’s stock worth $117,644,000 after purchasing an additional 28,704 shares during the last quarter. Finally, Boston Partners grew its position in shares of FirstCash by 1.3% in the second quarter. Boston Partners now owns 658,961 shares of the company’s stock valued at $88,871,000 after purchasing an additional 8,503 shares during the period. Institutional investors and hedge funds own 80.30% of the company’s stock.

Insider Transactions at FirstCash

In other news, CFO R Douglas Orr sold 4,000 shares of FirstCash stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $175.37, for a total value of $701,480.00. Following the transaction, the chief financial officer directly owned 111,289 shares of the company’s stock, valued at $19,516,751.93. The trade was a 3.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Howard F. Hambleton sold 4,000 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $185.12, for a total value of $740,480.00. Following the sale, the insider owned 35,406 shares of the company’s stock, valued at $6,554,358.72. The trade was a 10.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 26,500 shares of company stock worth $4,783,985 in the last three months. 14.77% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on FCFS shares. Zacks Research lowered FirstCash from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 2nd. Canaccord Genuity Group set a $217.00 price target on FirstCash in a research note on Friday, February 6th. Wall Street Zen cut FirstCash from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 15th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of FirstCash in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, FirstCash presently has an average rating of “Moderate Buy” and an average price target of $177.50.

FirstCash Stock Up 1.1%

Shares of NASDAQ FCFS opened at $193.07 on Monday. The stock has a market capitalization of $8.49 billion, a PE ratio of 26.02 and a beta of 0.46. The company has a quick ratio of 3.36, a current ratio of 4.55 and a debt-to-equity ratio of 0.97. The firm has a fifty day moving average of $178.54 and a 200-day moving average of $163.56. FirstCash Holdings, Inc. has a 52-week low of $113.32 and a 52-week high of $199.60.

FirstCash (NASDAQ:FCFS) last issued its earnings results on Thursday, February 5th. The company reported $2.64 earnings per share for the quarter, topping the consensus estimate of $2.54 by $0.10. FirstCash had a return on equity of 17.99% and a net margin of 9.02%.The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period last year, the company posted $2.12 EPS. The business’s quarterly revenue was up 19.8% on a year-over-year basis. On average, analysts anticipate that FirstCash Holdings, Inc. will post 7.7 EPS for the current year.

FirstCash Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Wednesday, February 18th were issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, February 18th. FirstCash’s dividend payout ratio (DPR) is 22.64%.

FirstCash 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.