21,858 Shares in FirstCash Holdings, Inc. $FCFS Acquired by Mirabella Financial Services LLP

Mirabella Financial Services LLP acquired a new stake in FirstCash Holdings, Inc. (NASDAQ:FCFS) during the 3rd quarter, HoldingsChannel reports. The firm acquired 21,858 shares of the company’s stock, valued at approximately $3,463,000.

Other large investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of FirstCash by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,946 shares of the company’s stock valued at $2,761,000 after buying an additional 1,021 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in FirstCash by 9.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 389,509 shares of the company’s stock worth $46,866,000 after acquiring an additional 34,364 shares during the last quarter. Jane Street Group LLC raised its stake in FirstCash by 237.2% in the 1st quarter. Jane Street Group LLC now owns 62,057 shares of the company’s stock valued at $7,467,000 after acquiring an additional 43,653 shares during the period. Prospera Financial Services Inc purchased a new stake in FirstCash during the second quarter valued at about $247,000. Finally, Campbell & CO Investment Adviser LLC purchased a new position in shares of FirstCash in the second quarter worth about $250,000. 80.30% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

FCFS has been the topic of a number of recent research reports. Canaccord Genuity Group set a $217.00 price target on shares of FirstCash in a research note on Friday, February 6th. Weiss Ratings reissued a “buy (b)” rating on shares of FirstCash in a report on Monday, December 29th. Zacks Research lowered FirstCash from a “strong-buy” rating to a “hold” rating in a report on Friday, January 2nd. Finally, Wall Street Zen lowered FirstCash from a “strong-buy” rating to a “buy” rating in a research note on Sunday, February 15th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $177.50.

Insider Activity at FirstCash

In related news, insider Howard F. Hambleton sold 4,000 shares of FirstCash stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $185.12, for a total value of $740,480.00. Following the transaction, the insider owned 35,406 shares in the company, valued at $6,554,358.72. This trade represents a 10.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Thomas Brent Stuart sold 10,000 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $182.53, for a total transaction of $1,825,300.00. Following the completion of the sale, the chief operating officer directly owned 150,846 shares of the company’s stock, valued at $27,533,920.38. This represents a 6.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 26,500 shares of company stock valued at $4,783,985. Insiders own 14.77% of the company’s stock.

FirstCash Price Performance

FCFS opened at $188.60 on Tuesday. The company has a current ratio of 4.55, a quick ratio of 3.36 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $8.30 billion, a P/E ratio of 25.42 and a beta of 0.46. The stock has a 50-day moving average price of $179.05 and a 200-day moving average price of $163.85. FirstCash Holdings, Inc. has a 12-month low of $114.21 and a 12-month high of $199.60.

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

FirstCash Dividend Announcement

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

About FirstCash

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.