Annex Advisory Services LLC Acquires 5,979 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS)

Annex Advisory Services LLC boosted its holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 43.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,657 shares of the company's stock after buying an additional 5,979 shares during the period. Annex Advisory Services LLC's holdings in FirstCash were worth $2,257,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of FCFS. Vanguard Group Inc. lifted its holdings in FirstCash by 5.7% during the fourth quarter. Vanguard Group Inc. now owns 4,062,478 shares of the company's stock worth $440,332,000 after acquiring an additional 219,983 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of FirstCash by 66.0% during the 2nd quarter. American Century Companies Inc. now owns 446,882 shares of the company's stock valued at $46,869,000 after purchasing an additional 177,698 shares in the last quarter. Acadian Asset Management LLC grew its position in shares of FirstCash by 753.4% in the 1st quarter. Acadian Asset Management LLC now owns 161,291 shares of the company's stock valued at $20,560,000 after purchasing an additional 142,391 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its stake in FirstCash by 1,216.3% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 105,300 shares of the company's stock worth $13,430,000 after purchasing an additional 97,300 shares in the last quarter. Finally, Boston Partners raised its holdings in FirstCash by 17.8% during the 1st quarter. Boston Partners now owns 621,534 shares of the company's stock worth $78,347,000 after buying an additional 94,010 shares during the period. Institutional investors and hedge funds own 80.30% of the company's stock.

Insiders Place Their Bets

In related news, Director Douglas Richard Rippel sold 2,864 shares of FirstCash stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $120.01, for a total value of $343,708.64. Following the sale, the director now owns 4,743,159 shares of the company's stock, valued at approximately $569,226,511.59. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Douglas Richard Rippel sold 2,864 shares of the firm's stock in a transaction on Monday, August 26th. The shares were sold at an average price of $120.01, for a total value of $343,708.64. Following the completion of the transaction, the director now directly owns 4,743,159 shares of the company's stock, valued at approximately $569,226,511.59. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO R Douglas Orr sold 2,000 shares of the business's stock in a transaction on Monday, August 5th. The stock was sold at an average price of $107.18, for a total transaction of $214,360.00. Following the transaction, the chief financial officer now owns 90,715 shares in the company, valued at approximately $9,722,833.70. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,154 shares of company stock valued at $1,912,562 in the last three months. 14.77% of the stock is currently owned by corporate insiders.

FirstCash Stock Up 1.0 %

FCFS traded up $1.07 during trading on Friday, hitting $113.69. The company had a trading volume of 171,259 shares, compared to its average volume of 241,446. The firm's 50-day moving average price is $115.99 and its 200 day moving average price is $115.71. The company has a market capitalization of $5.09 billion, a PE ratio of 21.78 and a beta of 0.62. The company has a quick ratio of 3.04, a current ratio of 4.03 and a debt-to-equity ratio of 0.85. FirstCash Holdings, Inc. has a one year low of $99.03 and a one year high of $133.64.

FirstCash (NASDAQ:FCFS - Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.05. FirstCash had a return on equity of 14.90% and a net margin of 7.17%. The company had revenue of $831.00 million during the quarter, compared to analysts' expectations of $824.87 million. During the same period in the prior year, the firm earned $1.22 earnings per share. FirstCash's revenue for the quarter was up 10.7% compared to the same quarter last year. As a group, equities analysts expect that FirstCash Holdings, Inc. will post 6.52 earnings per share for the current year.

FirstCash Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 15th were paid a $0.38 dividend. This is a positive change from FirstCash's previous quarterly dividend of $0.35. This represents a $1.52 annualized dividend and a yield of 1.34%. The ex-dividend date was Thursday, August 15th. FirstCash's payout ratio is presently 29.12%.

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.