Douglas Richard Rippel Sells 11,643 Shares of FirstCash Holdings, Inc (NASDAQ:FCFS) Stock

FirstCash Holdings, Inc (NASDAQ:FCFSGet Rating) Director Douglas Richard Rippel sold 11,643 shares of the company’s stock in a transaction on Tuesday, January 17th. The shares were sold at an average price of $88.77, for a total value of $1,033,549.11. Following the completion of the transaction, the director now directly owns 7,429,403 shares in the company, valued at approximately $659,508,104.31. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Douglas Richard Rippel also recently made the following trade(s):

  • On Thursday, January 19th, Douglas Richard Rippel sold 42,127 shares of FirstCash stock. The stock was sold at an average price of $88.20, for a total value of $3,715,601.40.
  • On Friday, January 13th, Douglas Richard Rippel sold 30,942 shares of FirstCash stock. The shares were sold at an average price of $89.60, for a total value of $2,772,403.20.
  • On Wednesday, January 11th, Douglas Richard Rippel sold 41,482 shares of FirstCash stock. The stock was sold at an average price of $89.53, for a total value of $3,713,883.46.
  • On Monday, January 9th, Douglas Richard Rippel sold 46,318 shares of FirstCash stock. The stock was sold at an average price of $90.61, for a total value of $4,196,873.98.
  • On Thursday, January 5th, Douglas Richard Rippel sold 55,191 shares of FirstCash stock. The shares were sold at an average price of $88.10, for a total value of $4,862,327.10.
  • On Tuesday, January 3rd, Douglas Richard Rippel sold 49,717 shares of FirstCash stock. The stock was sold at an average price of $88.22, for a total value of $4,386,033.74.
  • On Thursday, December 29th, Douglas Richard Rippel sold 57,512 shares of FirstCash stock. The shares were sold at an average price of $88.44, for a total value of $5,086,361.28.
  • On Tuesday, December 27th, Douglas Richard Rippel sold 26,451 shares of FirstCash stock. The stock was sold at an average price of $88.03, for a total value of $2,328,481.53.
  • On Friday, December 23rd, Douglas Richard Rippel sold 12,984 shares of FirstCash stock. The shares were sold at an average price of $88.10, for a total value of $1,143,890.40.
  • On Wednesday, December 21st, Douglas Richard Rippel sold 38,998 shares of FirstCash stock. The shares were sold at an average price of $88.28, for a total transaction of $3,442,743.44.

FirstCash Price Performance

FCFS stock opened at $89.06 on Friday. FirstCash Holdings, Inc has a 52-week low of $58.30 and a 52-week high of $100.00. The company has a fifty day moving average price of $90.10 and a 200-day moving average price of $84.46. The company has a market capitalization of $4.13 billion, a P/E ratio of 20.38 and a beta of 0.78. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.56 and a current ratio of 3.46.

FirstCash (NASDAQ:FCFSGet Rating) last issued its quarterly earnings data on Thursday, October 27th. The company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.11. The firm had revenue of $672.14 million during the quarter, compared to analysts’ expectations of $670.35 million. FirstCash had a net margin of 8.17% and a return on equity of 12.93%. As a group, equities analysts expect that FirstCash Holdings, Inc will post 5.11 EPS for the current year.

FirstCash Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 30th. Stockholders of record on Tuesday, November 15th were paid a $0.33 dividend. The ex-dividend date of this dividend was Monday, November 14th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.48%. FirstCash’s dividend payout ratio (DPR) is 30.34%.

Analysts Set New Price Targets

Several research firms have commented on FCFS. Barclays increased their target price on shares of FirstCash from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, October 31st. Stephens upgraded shares of FirstCash from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $105.00 to $120.00 in a research note on Thursday, January 5th. Loop Capital started coverage on shares of FirstCash in a research note on Tuesday, September 27th. They set a “hold” rating and a $80.00 price target for the company. Credit Suisse Group began coverage on shares of FirstCash in a report on Wednesday, December 14th. They set a “neutral” rating and a $88.00 price objective for the company. Finally, Wedbush raised their price target on shares of FirstCash from $80.00 to $90.00 in a report on Monday, November 7th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $97.60.

Institutional Investors Weigh In On FirstCash

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC increased its stake in shares of FirstCash by 5.8% in the 2nd quarter. FMR LLC now owns 7,119,569 shares of the company’s stock worth $494,881,000 after acquiring an additional 389,095 shares in the last quarter. Vanguard Group Inc. raised its stake in FirstCash by 19.9% during the 1st quarter. Vanguard Group Inc. now owns 4,396,960 shares of the company’s stock worth $309,282,000 after acquiring an additional 730,072 shares during the period. Bank of America Corp DE raised its position in shares of FirstCash by 6.8% during the first quarter. Bank of America Corp DE now owns 1,297,967 shares of the company’s stock valued at $91,298,000 after buying an additional 82,256 shares during the last quarter. State Street Corp increased its position in FirstCash by 2.9% in the first quarter. State Street Corp now owns 1,286,758 shares of the company’s stock worth $90,511,000 after purchasing an additional 36,555 shares during the last quarter. Finally, Stephens Investment Management Group LLC boosted its stake in FirstCash by 8.4% during the third quarter. Stephens Investment Management Group LLC now owns 1,164,392 shares of the company’s stock worth $85,408,000 after buying an additional 90,416 shares during the period. 78.78% of the stock is currently owned by institutional investors.

About FirstCash

(Get Rating)

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. 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.

Read More

Insider Buying and Selling by Quarter for FirstCash (NASDAQ:FCFS)

Receive News & Ratings for FirstCash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstCash and related companies with MarketBeat.com's FREE daily email newsletter.