Semanteon Capital Management LP Invests $1.47 Million in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Semanteon Capital Management LP bought a new position in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 14,156 shares of the company's stock, valued at approximately $1,467,000. FirstCash makes up approximately 0.8% of Semanteon Capital Management LP's investment portfolio, making the stock its 16th largest holding.

Other hedge funds have also recently modified their holdings of the company. Rialto Wealth Management LLC bought a new position in FirstCash during the fourth quarter valued at approximately $31,000. J.Safra Asset Management Corp raised its stake in FirstCash by 38.8% during the 4th quarter. J.Safra Asset Management Corp now owns 454 shares of the company's stock valued at $47,000 after buying an additional 127 shares during the last quarter. R Squared Ltd purchased a new stake in FirstCash during the 4th quarter valued at $92,000. KBC Group NV lifted its holdings in shares of FirstCash by 20.5% during the 3rd quarter. KBC Group NV now owns 1,206 shares of the company's stock valued at $138,000 after buying an additional 205 shares during the period. Finally, Parkside Financial Bank & Trust boosted its stake in shares of FirstCash by 7.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company's stock worth $142,000 after buying an additional 94 shares during the last quarter. Hedge funds and other institutional investors own 80.30% of the company's stock.

FirstCash Stock Performance

FCFS traded up $0.85 during trading on Tuesday, hitting $118.59. The company's stock had a trading volume of 158,518 shares, compared to its average volume of 243,854. FirstCash Holdings, Inc. has a one year low of $100.24 and a one year high of $133.64. The business's 50 day simple moving average is $113.92 and its 200-day simple moving average is $110.80. 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 firm has a market cap of $5.31 billion, a PE ratio of 20.70 and a beta of 0.63.

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FirstCash (NASDAQ:FCFS - Get Free Report) last released its earnings results on Thursday, January 30th. The company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $2.02 by $0.10. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. As a group, sell-side analysts predict that FirstCash Holdings, Inc. will post 7.7 EPS for the current fiscal year.

FirstCash Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.28%. FirstCash's dividend payout ratio (DPR) is presently 26.53%.

Insider Buying and Selling

In related news, CFO R Douglas Orr sold 2,000 shares of the company's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $113.35, for a total value of $226,700.00. Following the completion of the transaction, the chief financial officer now owns 100,567 shares of the company's stock, valued at approximately $11,399,269.45. This represents a 1.95 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the firm's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $113.43, for a total value of $34,029,000.00. Following the sale, the insider now directly owns 4,431,869 shares in the company, valued at approximately $502,706,900.67. This represents a 6.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 14.77% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Separately, Stephens reiterated an "overweight" rating and set a $137.00 price objective on shares of FirstCash in a research report on Wednesday, February 19th.

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.