Jane Street Group LLC Lowers Stake in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Jane Street Group LLC lowered its position in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) by 61.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,404 shares of the company’s stock after selling 28,835 shares during the quarter. Jane Street Group LLC’s holdings in FirstCash were worth $1,907,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Parkside Financial Bank & Trust increased its position in FirstCash by 7.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company’s stock worth $142,000 after purchasing an additional 94 shares during the last quarter. Integrated Investment Consultants LLC increased its position in FirstCash by 2.3% in the fourth quarter. Integrated Investment Consultants LLC now owns 4,595 shares of the company’s stock worth $476,000 after purchasing an additional 105 shares during the last quarter. Bank of Nova Scotia increased its position in FirstCash by 3.6% in the fourth quarter. Bank of Nova Scotia now owns 3,403 shares of the company’s stock worth $353,000 after purchasing an additional 117 shares during the last quarter. Sanctuary Advisors LLC increased its position in FirstCash by 1.8% in the fourth quarter. Sanctuary Advisors LLC now owns 7,347 shares of the company’s stock worth $826,000 after purchasing an additional 127 shares during the last quarter. Finally, J.Safra Asset Management Corp increased its position in FirstCash by 38.8% in the fourth quarter. J.Safra Asset Management Corp now owns 454 shares of the company’s stock worth $47,000 after purchasing an additional 127 shares during the last quarter. Institutional investors own 80.30% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on FCFS shares. Stephens restated an “overweight” rating and issued a $137.00 price target on shares of FirstCash in a research report on Wednesday, February 19th. StockNews.com raised shares of FirstCash from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 2nd.

FirstCash Stock Down 0.3%

NASDAQ FCFS opened at $126.69 on Friday. The company has a quick ratio of 3.15, a current ratio of 4.14 and a debt-to-equity ratio of 0.84. The company has a fifty day moving average of $123.80 and a two-hundred day moving average of $114.24. The firm has a market capitalization of $5.62 billion, a price-to-earnings ratio of 22.11 and a beta of 0.63. FirstCash Holdings, Inc. has a 52 week low of $100.24 and a 52 week high of $135.57.

FirstCash (NASDAQ:FCFS) last posted its quarterly earnings data on Thursday, April 24th. The company reported $2.07 EPS for the quarter, topping the consensus estimate of $1.75 by $0.32. The company had revenue of $836.42 million during the quarter, compared to analyst estimates of $837.11 million. FirstCash had a net margin of 7.64% and a return on equity of 14.99%. FirstCash’s quarterly revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.55 earnings per share. On average, analysts predict that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Thursday, May 15th. FirstCash’s dividend payout ratio is currently 24.32%.

FirstCash Company 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.