FirstCash Holdings, Inc (NASDAQ:FCFS) Director Douglas Richard Rippel Sells 80,704 Shares

FirstCash Holdings, Inc (NASDAQ:FCFSGet Rating) Director Douglas Richard Rippel sold 80,704 shares of FirstCash stock in a transaction that occurred on Monday, January 23rd. The shares were sold at an average price of $90.14, for a total transaction of $7,274,658.56. Following the completion of the transaction, the director now directly owns 7,207,924 shares in the company, valued at approximately $649,722,269.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 shares were sold at an average price of $88.20, for a total transaction of $3,715,601.40.
  • On Tuesday, January 17th, Douglas Richard Rippel sold 11,643 shares of FirstCash stock. The stock was sold at an average price of $88.77, for a total transaction of $1,033,549.11.
  • On Friday, January 13th, Douglas Richard Rippel sold 30,942 shares of FirstCash stock. The stock was sold at an average price of $89.60, for a total transaction 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 transaction 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 transaction of $4,196,873.98.
  • On Thursday, January 5th, Douglas Richard Rippel sold 55,191 shares of FirstCash stock. The stock was sold at an average price of $88.10, for a total transaction 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 transaction of $4,386,033.74.
  • On Thursday, December 29th, Douglas Richard Rippel sold 57,512 shares of FirstCash stock. The stock was sold at an average price of $88.44, for a total transaction 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 transaction of $2,328,481.53.
  • On Friday, December 23rd, Douglas Richard Rippel sold 12,984 shares of FirstCash stock. The stock was sold at an average price of $88.10, for a total transaction of $1,143,890.40.

FirstCash Stock Performance

Shares of NASDAQ:FCFS opened at $90.91 on Wednesday. FirstCash Holdings, Inc has a 52 week low of $58.30 and a 52 week high of $100.00. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.46 and a quick ratio of 2.56. The firm has a fifty day moving average price of $90.02. The firm has a market cap of $4.21 billion, a P/E ratio of 20.90 and a beta of 0.78.

FirstCash (NASDAQ:FCFSGet Rating) last issued its earnings results on Thursday, October 27th. The company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.19 by $0.11. FirstCash had a net margin of 8.17% and a return on equity of 12.93%. The company had revenue of $672.14 million for the quarter, compared to the consensus estimate of $670.35 million. On average, analysts forecast that FirstCash Holdings, Inc will post 5.11 EPS for the current year.

FirstCash Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 30th. Investors of record on Tuesday, November 15th were issued a $0.33 dividend. The ex-dividend date was Monday, November 14th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.45%. FirstCash’s dividend payout ratio is 30.34%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Key Colony Management LLC bought a new position in shares of FirstCash in the fourth quarter valued at about $1,786,000. Ronald Blue Trust Inc. raised its holdings in shares of FirstCash by 101.7% in the fourth quarter. Ronald Blue Trust Inc. now owns 2,197 shares of the company’s stock valued at $161,000 after buying an additional 1,108 shares during the last quarter. Financial Management Professionals Inc. raised its holdings in shares of FirstCash by 22.7% in the fourth quarter. Financial Management Professionals Inc. now owns 966 shares of the company’s stock valued at $84,000 after buying an additional 179 shares during the last quarter. CWA Asset Management Group LLC raised its holdings in shares of FirstCash by 2.0% in the fourth quarter. CWA Asset Management Group LLC now owns 52,500 shares of the company’s stock valued at $4,563,000 after buying an additional 1,045 shares during the last quarter. Finally, Yousif Capital Management LLC raised its holdings in shares of FirstCash by 1.0% in the fourth quarter. Yousif Capital Management LLC now owns 18,684 shares of the company’s stock valued at $1,624,000 after buying an additional 190 shares during the last quarter. 78.78% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on FCFS shares. StockNews.com started coverage on shares of FirstCash in a research note on Wednesday, October 12th. They set a “hold” rating on the stock. Barclays lifted their price target on shares of FirstCash from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Monday, October 31st. Wedbush lifted their price target on shares of FirstCash from $80.00 to $90.00 in a research note on Monday, November 7th. Credit Suisse Group started coverage on shares of FirstCash in a research note on Wednesday, December 14th. They set a “neutral” rating and a $88.00 price target on the stock. Finally, Stephens upgraded shares of FirstCash from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $105.00 to $120.00 in a research note on Thursday, January 5th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, FirstCash presently has an average rating of “Hold” and an average price target of $97.60.

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.

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