Natixis Advisors LLC Has $18.27 Million Stock Holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Natixis Advisors LLC raised its holdings in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 174.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 159,140 shares of the company's stock after purchasing an additional 101,130 shares during the quarter. Natixis Advisors LLC owned 0.36% of FirstCash worth $18,269,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. SG Capital Management LLC acquired a new stake in shares of FirstCash during the 1st quarter worth approximately $3,348,000. Bessemer Group Inc. boosted its holdings in shares of FirstCash by 21.7% during the first quarter. Bessemer Group Inc. now owns 192,155 shares of the company's stock valued at $24,508,000 after acquiring an additional 34,217 shares during the period. CWA Asset Management Group LLC acquired a new stake in shares of FirstCash in the 3rd quarter worth about $1,576,000. Boston Partners raised its holdings in shares of FirstCash by 17.8% during the first quarter. Boston Partners now owns 621,534 shares of the company's stock valued at $78,347,000 after buying an additional 94,010 shares during the last quarter. Finally, Atria Investments Inc bought a new stake in FirstCash during the first quarter worth approximately $1,189,000. 80.30% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at FirstCash

In other FirstCash news, CFO R Douglas Orr sold 2,000 shares of FirstCash stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $105.68, for a total transaction of $211,360.00. Following the completion of the sale, the chief financial officer now owns 88,715 shares of the company's stock, valued at $9,375,401.20. This trade represents a 2.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Douglas Richard Rippel sold 2,864 shares of FirstCash 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 sale, the director now directly owns 4,743,159 shares of the company's stock, valued at approximately $569,226,511.59. The trade was a 0.06 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 16,154 shares of company stock valued at $1,909,562 in the last three months. 14.77% of the stock is currently owned by company insiders.

FirstCash Price Performance

Shares of FCFS remained flat at $105.06 during trading hours on Wednesday. The stock had a trading volume of 44,695 shares, compared to its average volume of 247,790. The company has a quick ratio of 3.23, a current ratio of 4.31 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $4.70 billion, a P/E ratio of 19.46 and a beta of 0.64. The business's 50 day moving average is $111.50 and its two-hundred day moving average is $112.50. FirstCash Holdings, Inc. has a 1-year low of $101.62 and a 1-year high of $133.64.

FirstCash (NASDAQ:FCFS - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $837.30 million for the quarter, compared to the consensus estimate of $843.94 million. During the same quarter in the previous year, the company earned $1.56 EPS. The business's revenue for the quarter was up 6.5% compared to the same quarter last year. Sell-side analysts expect that FirstCash Holdings, Inc. will post 6.61 EPS for the current year.

FirstCash Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.45%. The ex-dividend date is Friday, November 15th. FirstCash's payout ratio is 28.15%.

Analyst Upgrades and Downgrades

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

FirstCash 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.