FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. lowered its position in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 81,866 shares of the company's stock after selling 2,852 shares during the period. Alliancebernstein L.P. owned about 0.18% of FirstCash worth $8,481,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of FirstCash by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 4,112,978 shares of the company's stock worth $426,105,000 after buying an additional 22,009 shares during the last quarter. State Street Corp raised its holdings in FirstCash by 2.1% during the third quarter. State Street Corp now owns 1,386,726 shares of the company's stock worth $159,196,000 after purchasing an additional 28,415 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of FirstCash by 5.4% in the 4th quarter. Sei Investments Co. now owns 648,582 shares of the company's stock valued at $67,193,000 after buying an additional 33,040 shares during the period. Vaughan Nelson Investment Management L.P. grew its holdings in FirstCash by 28.2% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 560,591 shares of the company's stock worth $58,076,000 after acquiring an additional 123,386 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in FirstCash by 4.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 519,945 shares of the company's stock worth $53,866,000 after acquiring an additional 21,685 shares in the last quarter. 80.30% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Stephens reiterated an "overweight" rating and issued a $137.00 price target on shares of FirstCash in a report on Wednesday, February 19th.

FirstCash Price Performance

Shares of NASDAQ FCFS traded up $0.32 on Wednesday, hitting $121.29. The company's stock had a trading volume of 57,385 shares, compared to its average volume of 268,606. The company has a debt-to-equity ratio of 0.84, a current ratio of 4.14 and a quick ratio of 3.15. The stock has a 50 day moving average of $117.05 and a 200-day moving average of $111.38. The company has a market capitalization of $5.43 billion, a price-to-earnings ratio of 21.13 and a beta of 0.58. FirstCash Holdings, Inc. has a 12-month low of $100.24 and a 12-month high of $133.64.

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%. As a group, research analysts predict that FirstCash Holdings, Inc. will post 7.7 EPS for the current year.

FirstCash Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.38 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.52 annualized dividend and a yield of 1.25%. FirstCash's dividend payout ratio (DPR) is presently 26.53%.

Insiders Place Their Bets

In other news, CFO R Douglas Orr sold 2,000 shares of the firm's stock in a transaction dated Wednesday, February 5th. The stock was 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the 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 sale, the insider now directly owns 4,431,869 shares of the company's stock, valued at approximately $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.

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.