4,419 Shares in FirstCash Holdings, Inc. (NASDAQ:FCFS) Acquired by Versor Investments LP

Versor Investments LP purchased a new stake in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,419 shares of the company's stock, valued at approximately $458,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Integrated Investment Consultants LLC increased its stake in FirstCash by 2.3% in the fourth quarter. Integrated Investment Consultants LLC now owns 4,595 shares of the company's stock valued at $476,000 after purchasing an additional 105 shares in the last quarter. Sanctuary Advisors LLC increased its stake in FirstCash by 1.8% in the fourth quarter. Sanctuary Advisors LLC now owns 7,347 shares of the company's stock valued at $826,000 after purchasing an additional 127 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in FirstCash by 1.5% in the third quarter. Thrivent Financial for Lutherans now owns 9,147 shares of the company's stock valued at $1,050,000 after purchasing an additional 138 shares in the last quarter. Exchange Traded Concepts LLC increased its stake in FirstCash by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 6,304 shares of the company's stock valued at $653,000 after purchasing an additional 160 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in shares of FirstCash by 2.7% during the third quarter. HighTower Advisors LLC now owns 7,486 shares of the company's stock worth $856,000 after acquiring an additional 195 shares in the last quarter. 80.30% of the stock is owned by institutional investors.

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FirstCash Stock Up 0.6 %

Shares of NASDAQ:FCFS traded up $0.63 during midday trading on Thursday, hitting $114.39. 134,396 shares of the company's stock were exchanged, compared to its average volume of 238,866. The company has a debt-to-equity ratio of 0.84, a current ratio of 4.14 and a quick ratio of 3.15. The stock has a 50 day moving average price of $110.99 and a 200-day moving average price of $111.03. The company has a market cap of $5.12 billion, a PE ratio of 19.96 and a beta of 0.63. FirstCash Holdings, Inc. has a 12 month low of $100.24 and a 12 month high of $133.64.

FirstCash (NASDAQ:FCFS - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The company reported $2.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.02 by $0.10. FirstCash had a net margin of 7.64% and a return on equity of 14.99%. On average, sell-side analysts anticipate that FirstCash Holdings, Inc. will post 7.7 EPS for the current fiscal year.

FirstCash Dividend Announcement

The firm also recently declared 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. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date was Friday, February 14th. FirstCash's payout ratio is currently 26.53%.

Wall Street Analysts Forecast Growth

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

Insider Activity at FirstCash

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

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.