FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Acquired by Annex Advisory Services LLC

Annex Advisory Services LLC boosted its stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 25.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 24,638 shares of the company's stock after acquiring an additional 4,981 shares during the period. Annex Advisory Services LLC owned about 0.06% of FirstCash worth $2,553,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FCFS. Federated Hermes Inc. raised its position in shares of FirstCash by 37.2% during the 2nd quarter. Federated Hermes Inc. now owns 3,925 shares of the company's stock worth $412,000 after purchasing an additional 1,064 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of FirstCash by 1.1% during the second quarter. Envestnet Asset Management Inc. now owns 186,782 shares of the company's stock worth $19,590,000 after purchasing an additional 2,112 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in FirstCash by 1.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,057,049 shares of the company's stock valued at $110,867,000 after purchasing an additional 15,780 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in FirstCash by 13.0% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 3,138 shares of the company's stock valued at $324,000 after purchasing an additional 360 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in FirstCash by 290.8% during the 2nd quarter. Hsbc Holdings PLC now owns 15,082 shares of the company's stock worth $1,580,000 after purchasing an additional 11,223 shares during the last quarter. 80.30% of the stock is owned by hedge funds and other institutional investors.

FirstCash Trading Up 0.3 %

NASDAQ:FCFS traded up $0.32 on Monday, hitting $112.14. The stock had a trading volume of 266,303 shares, compared to its average volume of 188,361. The company has a fifty day moving average price of $106.16 and a two-hundred day moving average price of $110.29. The stock has a market cap of $5.02 billion, a price-to-earnings ratio of 20.77 and a beta of 0.66. The company has a quick ratio of 3.23, a current ratio of 4.31 and a debt-to-equity ratio of 0.87. FirstCash Holdings, Inc. has a 1-year low of $100.24 and a 1-year high of $133.64.

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

FirstCash Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 15th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.36%. The ex-dividend date was Friday, November 15th. FirstCash's payout ratio is currently 28.15%.

Analysts Set New Price Targets

FCFS has been the topic of several recent research reports. TD Cowen lowered their target price on FirstCash from $134.00 to $130.00 and set a "buy" rating on the stock in a report on Monday, October 28th. Stephens began coverage on FirstCash in a research note on Wednesday, November 13th. They set an "overweight" rating and a $137.00 price objective on the stock.

Insider Transactions at FirstCash

In other news, CFO R Douglas Orr sold 2,000 shares of the 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 transaction, the chief financial officer now owns 88,715 shares in the company, valued at approximately $9,375,401.20. This represents a 2.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 14.77% of the company's stock.

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.