2 weeks Ago By ABMN Staff
Federated Hermes Inc. decreased its holdings in FirstCash Holdings, Inc. ( NASDAQ:FCFS – Free Report ) by 3.
7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,067 shares of the company’s stock after selling 157 shares during the period. Federated Hermes Inc.
’s holdings in FirstCash were worth $421,000 at the end of the most recent quarter. A number of other institutional investors have also bought and sold shares of FCFS. Virtu Financial LLC acquired a new stake in shares of FirstCash in the third quarter valued at approximately $553,000.
JPMorgan Chase & Co. raised its holdings in shares of FirstCash by 67.6% during the 4th quarter.
JPMorgan Chase & Co. now owns 268,732 shares of the company’s stock worth $27,841,000 after acquiring an additional 108,353 shares during the period. Principal Financial Group Inc.
grew its holdings in shares of FirstCash by 3.6% in the fourth quarter. Principal Financial Group Inc.
now owns 130,607 shares of the company’s stock valued at $13,531,000 after purchasing an additional 4,483 shares during the period. Vanguard Group Inc. increased its position in FirstCash by 0.
5% during the fourth quarter. Vanguard Group Inc. now owns 4,112,978 shares of the company’s stock worth $426,105,000 after purchasing an additional 22,009 shares during the last quarter.
Finally, Raymond James Financial Inc. purchased a new position in FirstCash during the fourth quarter worth about $18,169,000. 80.
30% of the stock is owned by hedge funds and other institutional investors. FirstCash Stock Up 1.1 % Shares of NASDAQ:FCFS opened at $121.
44 on Friday. The business has a 50-day moving average price of $117.34 and a 200 day moving average price of $111.
49. FirstCash Holdings, Inc. has a 12-month low of $100.
24 and a 12-month high of $133.64. The company has a current ratio of 4.
14, a quick ratio of 3.15 and a debt-to-equity ratio of 0.84.
The company has a market capitalization of $5.44 billion, a price-to-earnings ratio of 21.19 and a beta of 0.
58. FirstCash Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.
38 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.
52 annualized dividend and a yield of 1.25%. FirstCash’s dividend payout ratio is presently 26.
53%. Insider Activity In other news, major shareholder Douglas Richard Rippel sold 300,000 shares of the stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $113.
43, for a total value of $34,029,000.00. Following the transaction, the insider now owns 4,431,869 shares in the company, valued at approximately $502,706,900.
67. This represents a 6.34 % decrease in their position.
The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link . Also, CFO R Douglas Orr sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $113.
35, for a total value of $226,700.00. Following the sale, the chief financial officer now directly owns 100,567 shares in the company, valued at $11,399,269.
45. This trade represents a 1.95 % decrease in their position.
The disclosure for this sale can be found here . Insiders own 14.77% of the company’s stock.
Analyst Ratings Changes Separately, Stephens reissued an “overweight” rating and issued a $137.00 price target on shares of FirstCash in a research note on Wednesday, February 19th. Read Our Latest Research Report on FCFS FirstCash Profile ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding FCFS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FirstCash Holdings, Inc.
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