FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Acquired by Annex Advisory Services LLC

Annex Advisory Services LLC lifted its holdings in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) by 25.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,638 shares of the company’s stock after acquiring an additional 4,981 shares during the period. Annex Advisory Services LLC owned 0.06% of FirstCash worth $2,553,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Federated Hermes Inc. raised its stake in FirstCash by 37.2% during the 2nd quarter. Federated Hermes Inc. now owns 3,925 shares of the company’s stock worth $412,000 after acquiring an additional 1,064 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of FirstCash by 1.1% during the second quarter. Envestnet Asset Management Inc. now owns 186,782 shares of the company’s stock worth $19,590,000 after purchasing an additional 2,112 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of FirstCash by 1.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,057,049 shares of the company’s stock valued at $110,867,000 after purchasing an additional 15,780 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in shares of FirstCash by 13.0% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 3,138 shares of the company’s stock valued at $324,000 after purchasing an additional 360 shares during the period. Finally, Hsbc Holdings PLC grew its stake in FirstCash by 290.8% during the 2nd quarter. Hsbc Holdings PLC now owns 15,082 shares of the company’s stock worth $1,580,000 after buying an additional 11,223 shares during the last quarter. Hedge funds and other institutional investors own 80.30% of the company’s stock.

Insiders Place Their Bets

In other FirstCash news, CFO R Douglas Orr sold 2,000 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $105.68, for a total transaction of $211,360.00. Following the completion of the sale, the chief financial officer now owns 88,715 shares of the company’s stock, valued at approximately $9,375,401.20. The trade was a 2.20 % 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 hyperlink. 14.77% of the stock is owned by corporate insiders.

FirstCash Trading Up 0.3 %

Shares of FCFS opened at $112.14 on Monday. The company has a debt-to-equity ratio of 0.87, a current ratio of 4.31 and a quick ratio of 3.23. FirstCash Holdings, Inc. has a 1-year low of $100.24 and a 1-year high of $133.64. The stock has a market cap of $5.02 billion, a price-to-earnings ratio of 20.77 and a beta of 0.66. The firm has a 50 day simple moving average of $106.16 and a 200-day simple moving average of $110.24.

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

FirstCash Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 15th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.52 annualized dividend and a yield of 1.36%. FirstCash’s dividend payout ratio (DPR) is presently 28.15%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on FCFS shares. Stephens started coverage on shares of FirstCash in a research note on Wednesday, November 13th. They set an “overweight” rating and a $137.00 target price for the company. TD Cowen decreased their price objective on FirstCash from $134.00 to $130.00 and set a “buy” rating for the company in a research report on Monday, October 28th.

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.