Callan Family Office LLC Acquires New Shares in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Callan Family Office LLC bought a new position in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,829 shares of the company's stock, valued at approximately $397,000.

Other large investors have also bought and sold shares of the company. Parkside Financial Bank & Trust raised its position in FirstCash by 7.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company's stock valued at $142,000 after purchasing an additional 94 shares during the last quarter. Integrated Investment Consultants LLC raised its holdings in shares of 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 buying an additional 105 shares during the last quarter. Sanctuary Advisors LLC lifted its position in FirstCash by 1.8% during the 4th quarter. Sanctuary Advisors LLC now owns 7,347 shares of the company's stock worth $826,000 after buying an additional 127 shares in the last quarter. J.Safra Asset Management Corp lifted its position in FirstCash by 38.8% during the 4th quarter. J.Safra Asset Management Corp now owns 454 shares of the company's stock worth $47,000 after buying an additional 127 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in FirstCash by 1.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 9,147 shares of the company's stock worth $1,050,000 after acquiring an additional 138 shares during the last quarter. 80.30% of the stock is currently owned by institutional investors.

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.

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Insider Buying and Selling at FirstCash

In related news, major shareholder Douglas Richard Rippel sold 300,000 shares of the company's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $113.43, for a total value of $34,029,000.00. Following the completion of the sale, the insider now owns 4,431,869 shares in the company, valued at approximately $502,706,900.67. This represents a 6.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO R Douglas Orr sold 2,000 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $113.35, for a total value of $226,700.00. Following the completion of the transaction, the chief financial officer now directly owns 100,567 shares in the company, valued at $11,399,269.45. The trade was 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.

FirstCash Trading Down 0.3 %

Shares of FCFS stock traded down $0.38 on Thursday, reaching $113.04. 237,590 shares of the stock were exchanged, compared to its average volume of 243,332. The stock has a 50 day moving average price of $112.15 and a 200 day moving average price of $110.93. The stock has a market cap of $5.06 billion, a PE ratio of 19.73 and a beta of 0.63. FirstCash Holdings, Inc. has a one year low of $100.24 and a one year high of $133.64. The company has a debt-to-equity ratio of 0.84, a current ratio of 4.14 and a quick ratio of 3.15.

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

FirstCash Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.38 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.52 annualized dividend and a yield of 1.34%. FirstCash's dividend payout ratio is currently 26.53%.

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.