FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its holdings in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) by 2.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,306 shares of the company’s stock after selling 237 shares during the quarter. Yousif Capital Management LLC’s holdings in FirstCash were worth $1,120,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Savant Capital LLC purchased a new position in FirstCash during the 4th quarter valued at about $254,000. Allspring Global Investments Holdings LLC purchased a new position in FirstCash during the 4th quarter valued at about $343,000. Rhumbline Advisers boosted its holdings in FirstCash by 5.0% during the 4th quarter. Rhumbline Advisers now owns 122,592 shares of the company’s stock valued at $12,701,000 after acquiring an additional 5,847 shares during the period. State of New Jersey Common Pension Fund D boosted its holdings in FirstCash by 19.0% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 19,981 shares of the company’s stock valued at $2,070,000 after acquiring an additional 3,194 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in FirstCash by 3.6% during the 4th quarter. Principal Financial Group Inc. now owns 130,607 shares of the company’s stock valued at $13,531,000 after acquiring an additional 4,483 shares during the period. Institutional investors and hedge funds own 80.30% of the company’s stock.

Insiders Place Their Bets

In related news, insider Howard F. Hambleton sold 3,900 shares of the company’s stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $130.93, for a total value of $510,627.00. Following the completion of the transaction, the insider now directly owns 32,481 shares in the company, valued at approximately $4,252,737.33. This represents a 10.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.93% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on FCFS shares. Stephens restated an “overweight” rating and set a $137.00 target price on shares of FirstCash in a report on Wednesday, February 19th. Wall Street Zen raised FirstCash from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 7th.

FirstCash Trading Down 0.9%

FCFS opened at $128.49 on Thursday. The firm has a market cap of $5.70 billion, a price-to-earnings ratio of 20.56 and a beta of 0.62. FirstCash Holdings, Inc. has a 52 week low of $100.24 and a 52 week high of $135.57. The business’s 50 day moving average is $127.99 and its two-hundred day moving average is $117.53. The company has a quick ratio of 3.28, a current ratio of 4.39 and a debt-to-equity ratio of 0.83.

FirstCash (NASDAQ:FCFS) last announced its earnings results on Thursday, April 24th. The company reported $2.07 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.32. FirstCash had a return on equity of 16.08% and a net margin of 8.29%. The company had revenue of $836.42 million for the quarter, compared to the consensus estimate of $837.11 million. During the same period last year, the business posted $1.55 EPS. The company’s revenue was up .0% on a year-over-year basis. On average, research analysts predict that FirstCash Holdings, Inc. will post 7.7 EPS for the current year.

FirstCash Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 15th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.52 dividend on an annualized basis and a yield of 1.18%. FirstCash’s payout ratio is 24.32%.

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.