FirstCash Holdings, Inc. (NASDAQ:FCFS) CFO Sells $211,360.00 in Stock

FirstCash Holdings, Inc. (NASDAQ:FCFS) CFO R Douglas Orr sold 2,000 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $105.68, for a total transaction of $211,360.00. Following the sale, the chief financial officer now directly owns 88,715 shares of the company’s stock, valued at approximately $9,375,401.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

FirstCash Price Performance

FCFS stock opened at $107.73 on Friday. The firm has a 50-day moving average of $113.44 and a two-hundred day moving average of $113.34. The firm has a market capitalization of $4.82 billion, a PE ratio of 20.02 and a beta of 0.64. The company has a current ratio of 4.31, a quick ratio of 3.23 and a debt-to-equity ratio of 0.87. FirstCash Holdings, Inc. has a one year low of $101.62 and a one year high of $133.64.

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

FirstCash Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Friday, November 15th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend is Friday, November 15th. FirstCash’s dividend payout ratio is currently 28.15%.

Analyst Ratings Changes

Separately, TD Cowen reduced their price objective on FirstCash from $134.00 to $130.00 and set a “buy” rating for the company in a research note on Monday, October 28th.

Hedge Funds Weigh In On FirstCash

Institutional investors and hedge funds have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC acquired a new stake in shares of FirstCash during the first quarter worth approximately $26,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of FirstCash during the 2nd quarter valued at $54,000. Whittier Trust Co. grew its holdings in shares of FirstCash by 62.2% during the 1st quarter. Whittier Trust Co. now owns 459 shares of the company’s stock valued at $59,000 after acquiring an additional 176 shares in the last quarter. CWM LLC increased its stake 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 acquiring an additional 348 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of FirstCash by 28.9% during the third quarter. GAMMA Investing LLC now owns 900 shares of the company’s stock worth $103,000 after acquiring an additional 202 shares in the last quarter. Hedge funds and other institutional investors own 80.30% of the company’s stock.

About FirstCash

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.