Group One Trading LLC Has $32,000 Stock Position in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Group One Trading LLC lowered its position in FirstCash Holdings, Inc. (NASDAQ:FCFS) by 78.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 310 shares of the company’s stock after selling 1,100 shares during the period. Group One Trading LLC’s holdings in FirstCash were worth $32,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in FCFS. Focus Partners Wealth acquired a new position in FirstCash in the fourth quarter valued at about $346,000. Deutsche Bank AG lifted its holdings in shares of FirstCash by 39.2% during the 4th quarter. Deutsche Bank AG now owns 35,052 shares of the company’s stock valued at $3,631,000 after purchasing an additional 9,864 shares in the last quarter. D. E. Shaw & Co. Inc. grew its position in shares of FirstCash by 349.3% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 294,281 shares of the company’s stock valued at $30,488,000 after purchasing an additional 228,784 shares during the period. Cetera Investment Advisers increased its stake in FirstCash by 52.5% during the 4th quarter. Cetera Investment Advisers now owns 4,245 shares of the company’s stock worth $440,000 after purchasing an additional 1,461 shares in the last quarter. Finally, BOKF NA raised its holdings in FirstCash by 26.0% during the 4th quarter. BOKF NA now owns 5,239 shares of the company’s stock worth $559,000 after buying an additional 1,080 shares during the period. Institutional investors own 80.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on FCFS. Wall Street Zen lowered shares of FirstCash from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Stephens restated an “overweight” rating and set a $137.00 price objective on shares of FirstCash in a report on Wednesday, February 19th.

FirstCash Stock Up 0.4%

NASDAQ:FCFS opened at $127.50 on Monday. The stock has a 50-day simple moving average of $124.96 and a 200 day simple moving average of $115.00. FirstCash Holdings, Inc. has a 52-week low of $100.24 and a 52-week high of $135.57. The company has a market cap of $5.66 billion, a PE ratio of 22.25 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a quick ratio of 3.15 and a current ratio of 4.14.

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

FirstCash Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be paid a $0.38 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.52 annualized dividend and a dividend yield of 1.19%. FirstCash’s dividend payout ratio is presently 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.