Blue Trust Inc. Buys 3,123 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS)

Blue Trust Inc. increased its holdings in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 98.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,300 shares of the company's stock after acquiring an additional 3,123 shares during the quarter. Blue Trust Inc.'s holdings in FirstCash were worth $723,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Exchange Traded Concepts LLC boosted its position in shares of FirstCash by 2.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 6,304 shares of the company's stock worth $653,000 after buying an additional 160 shares during the period. MBM Wealth Consultants LLC grew its stake in shares of FirstCash by 4.2% in the fourth quarter. MBM Wealth Consultants LLC now owns 5,667 shares of the company's stock worth $581,000 after purchasing an additional 226 shares in the last quarter. Annex Advisory Services LLC increased its holdings in shares of FirstCash by 25.3% during the fourth quarter. Annex Advisory Services LLC now owns 24,638 shares of the company's stock valued at $2,553,000 after purchasing an additional 4,981 shares during the period. Integrated Investment Consultants LLC increased its holdings in shares of FirstCash by 2.3% during 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 during the period. Finally, Sendero Wealth Management LLC raised its stake in shares of FirstCash by 77.0% during the fourth quarter. Sendero Wealth Management LLC now owns 6,394 shares of the company's stock valued at $662,000 after purchasing an additional 2,781 shares in the last quarter. 80.30% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO R Douglas Orr sold 2,000 shares of the firm's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $105.68, for a total value of $211,360.00. Following the sale, the chief financial officer now directly owns 88,715 shares of the company's stock, valued at approximately $9,375,401.20. This trade represents a 2.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 14.77% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on FCFS. Stephens assumed coverage on shares of FirstCash in a research note on Wednesday, November 13th. They issued an "overweight" rating and a $137.00 price target for the company. TD Cowen cut their target price on FirstCash from $134.00 to $130.00 and set a "buy" rating for the company in a research report on Monday, October 28th.

FirstCash Stock Up 1.1 %

Shares of NASDAQ FCFS traded up $1.25 during mid-day trading on Thursday, reaching $113.19. The company had a trading volume of 105,821 shares, compared to its average volume of 214,627. The company has a debt-to-equity ratio of 0.87, a quick ratio of 3.23 and a current ratio of 4.31. FirstCash Holdings, Inc. has a twelve month low of $100.24 and a twelve month high of $133.64. The stock's 50 day moving average is $107.07 and its 200-day moving average is $110.77. The stock has a market capitalization of $5.07 billion, a PE ratio of 20.98 and a beta of 0.66.

FirstCash (NASDAQ:FCFS - Get Free Report) last posted its earnings results on Thursday, January 30th. The company reported $2.12 EPS for the quarter, topping the consensus estimate of $2.02 by $0.10. FirstCash had a net margin of 7.29% and a return on equity of 14.97%. As a group, equities analysts anticipate that FirstCash Holdings, Inc. will post 6.61 earnings per share for the current fiscal year.

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.