32,293 Shares in FirstCash Holdings, Inc. (NASDAQ:FCFS) Acquired by Advantage Alpha Capital Partners LP

Advantage Alpha Capital Partners LP purchased a new position in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 32,293 shares of the company's stock, valued at approximately $3,707,000. Advantage Alpha Capital Partners LP owned approximately 0.07% of FirstCash at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. FMR LLC raised its stake in shares of FirstCash by 18.3% during the 3rd quarter. FMR LLC now owns 6,712,779 shares of the company's stock worth $770,627,000 after acquiring an additional 1,037,601 shares in the last quarter. Earnest Partners LLC boosted its holdings in FirstCash by 2.4% in the second quarter. Earnest Partners LLC now owns 2,344,383 shares of the company's stock worth $245,879,000 after acquiring an additional 55,919 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of FirstCash by 1.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,057,049 shares of the company's stock worth $110,867,000 after acquiring an additional 15,780 shares during the last quarter. Sei Investments Co. increased its holdings in shares of FirstCash by 3.2% during the second quarter. Sei Investments Co. now owns 631,303 shares of the company's stock valued at $66,211,000 after acquiring an additional 19,868 shares in the last quarter. Finally, Boston Partners raised its position in shares of FirstCash by 17.8% in the 1st quarter. Boston Partners now owns 621,534 shares of the company's stock valued at $78,347,000 after purchasing an additional 94,010 shares during the last quarter. 80.30% of the stock is currently owned by hedge funds and other institutional investors.

FirstCash Stock Performance

Shares of FCFS stock traded down $0.84 on Tuesday, hitting $107.10. The company had a trading volume of 260,896 shares, compared to its average volume of 249,044. FirstCash Holdings, Inc. has a twelve month low of $101.62 and a twelve month high of $133.64. The company has a quick ratio of 3.23, a current ratio of 4.31 and a debt-to-equity ratio of 0.87. The firm has a market cap of $4.79 billion, a P/E ratio of 19.99 and a beta of 0.64. The company has a 50-day moving average price of $110.60 and a 200-day moving average price of $112.12.

FirstCash (NASDAQ:FCFS - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The company reported $1.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.62 by $0.05. The company had revenue of $837.30 million during the quarter, compared to the consensus estimate of $843.94 million. FirstCash had a return on equity of 14.97% and a net margin of 7.29%. FirstCash's revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.56 earnings per share. As a group, equities research analysts predict that FirstCash Holdings, Inc. will post 6.61 earnings per share for the current fiscal year.

FirstCash Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Friday, November 15th will be given a dividend of $0.38 per share. The ex-dividend date is Friday, November 15th. This represents a $1.52 annualized dividend and a yield of 1.42%. FirstCash's dividend payout ratio is presently 28.15%.

Insider Buying and Selling at FirstCash

In other news, Director Douglas Richard Rippel sold 600 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $120.07, for a total transaction of $72,042.00. Following the transaction, the director now owns 4,735,243 shares in the company, valued at $568,560,627.01. This trade represents a 0.01 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO R Douglas Orr sold 2,000 shares of the business's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $105.68, for a total transaction of $211,360.00. Following the completion of the sale, the chief financial officer now directly owns 88,715 shares of the company's stock, valued at approximately $9,375,401.20. The trade was a 2.20 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 13,290 shares of company stock valued at $1,565,853. Corporate insiders own 14.77% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. TD Cowen cut their target price on FirstCash from $134.00 to $130.00 and set a "buy" rating on the stock in a research report on Monday, October 28th. Stephens initiated coverage on shares of FirstCash in a research note on Wednesday, November 13th. They set an "overweight" rating and a $137.00 price objective for the company.

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.