AlphaQuest LLC Has $166,000 Stake in FirstCash Holdings, Inc. (NASDAQ:FCFS)

AlphaQuest LLC trimmed its stake in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 96.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,605 shares of the company's stock after selling 39,202 shares during the period. AlphaQuest LLC's holdings in FirstCash were worth $166,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Rialto Wealth Management LLC bought a new stake in FirstCash in the fourth quarter valued at $31,000. J.Safra Asset Management Corp grew its position in FirstCash by 38.8% in the fourth quarter. J.Safra Asset Management Corp now owns 454 shares of the company's stock valued at $47,000 after acquiring an additional 127 shares during the period. R Squared Ltd bought a new stake in FirstCash in the fourth quarter valued at $92,000. KBC Group NV grew its position in FirstCash by 20.5% in the third quarter. KBC Group NV now owns 1,206 shares of the company's stock valued at $138,000 after acquiring an additional 205 shares during the period. Finally, Parkside Financial Bank & Trust grew its position in FirstCash by 7.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company's stock valued at $142,000 after acquiring an additional 94 shares during the period. 80.30% of the stock is currently owned by institutional investors.

FirstCash Price Performance

FirstCash stock traded down $0.70 on Thursday, reaching $117.46. The company's stock had a trading volume of 289,051 shares, compared to its average volume of 242,034. The company has a debt-to-equity ratio of 0.84, a quick ratio of 3.15 and a current ratio of 4.14. The company has a market cap of $5.26 billion, a price-to-earnings ratio of 20.50 and a beta of 0.63. The business's fifty day moving average price is $113.32 and its 200 day moving average price is $110.89. FirstCash Holdings, Inc. has a twelve month low of $100.24 and a twelve month high of $133.64.

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

FirstCash Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date was Friday, February 14th. FirstCash's dividend payout ratio is currently 26.53%.

Insiders Place Their Bets

In other news, major shareholder Douglas Richard Rippel sold 300,000 shares of the company's stock in a transaction 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 transaction, the insider now owns 4,431,869 shares of the company's stock, valued at $502,706,900.67. This represents a 6.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 transaction, 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 reiterated an "overweight" rating and issued a $137.00 price target on shares of FirstCash in a research report on Wednesday, February 19th.

About FirstCash

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.