Amundi Has $3.74 Million Position in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Amundi lifted its stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 75.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,966 shares of the company's stock after purchasing an additional 15,053 shares during the quarter. Amundi owned 0.08% of FirstCash worth $3,735,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rialto Wealth Management LLC bought a new stake in shares of FirstCash during the 4th quarter valued at approximately $31,000. J.Safra Asset Management Corp grew its holdings in shares of 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 purchasing an additional 127 shares during the last quarter. R Squared Ltd bought a new stake in shares of FirstCash during the 4th quarter valued at approximately $92,000. KBC Group NV grew 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 purchasing an additional 205 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in FirstCash by 7.4% during 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 period. 80.30% of the stock is owned by institutional investors.

FirstCash Trading Down 0.6 %

NASDAQ:FCFS traded down $0.70 during mid-day trading on Thursday, hitting $117.46. 289,051 shares of the company's stock were exchanged, compared to its average volume of 242,034. The company has a 50 day simple moving average of $113.32 and a 200-day simple moving average of $110.89. The company has a current ratio of 4.14, a quick ratio of 3.15 and a debt-to-equity ratio of 0.84. FirstCash Holdings, Inc. has a fifty-two week low of $100.24 and a fifty-two week high of $133.64. The firm has a market capitalization of $5.26 billion, a P/E ratio of 20.50 and a beta of 0.63.

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FirstCash (NASDAQ:FCFS - Get Free Report) last issued its quarterly earnings results 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%. As a group, research analysts expect that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.29%. FirstCash's dividend payout ratio (DPR) is currently 26.53%.

Insider Transactions at FirstCash

In other news, CFO R Douglas Orr sold 2,000 shares of the business'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 value of $226,700.00. Following the transaction, the chief financial officer now owns 100,567 shares in the company, valued at approximately $11,399,269.45. The trade was a 1.95 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the business'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 completion of the transaction, the insider now 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. Corporate insiders own 14.77% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Stephens reiterated an "overweight" rating and set a $137.00 target price 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.