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Royce & Associates LP Has $11.88 Million Stock Position in FirstCash Holdings, Inc. (NASDAQ:FCFS)

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Royce & Associates LP increased its stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 29.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 114,663 shares of the company's stock after acquiring an additional 26,098 shares during the quarter. Royce & Associates LP owned about 0.26% of FirstCash worth $11,879,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Parkside Financial Bank & Trust boosted its holdings in FirstCash by 7.4% during the fourth 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 in the last quarter. Integrated Investment Consultants LLC lifted its position in shares of FirstCash by 2.3% during the 4th quarter. Integrated Investment Consultants LLC now owns 4,595 shares of the company's stock worth $476,000 after buying an additional 105 shares during the period. Sanctuary Advisors LLC boosted its stake in FirstCash by 1.8% in the 4th quarter. Sanctuary Advisors LLC now owns 7,347 shares of the company's stock valued at $826,000 after buying an additional 127 shares in the last quarter. J.Safra Asset Management Corp grew its position in FirstCash by 38.8% in the fourth quarter. J.Safra Asset Management Corp now owns 454 shares of the company's stock valued at $47,000 after acquiring an additional 127 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in FirstCash by 1.5% during the third 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 in the last quarter. 80.30% of the stock is currently owned by institutional investors and hedge funds.

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Insider Buying and Selling at FirstCash

In other news, CFO R Douglas Orr sold 2,000 shares of the business's stock in a transaction on 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 owns 100,567 shares of the company's stock, valued at $11,399,269.45. The trade was a 1.95 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the firm's stock in a transaction on 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 sale, the insider now directly owns 4,431,869 shares in the company, valued at $502,706,900.67. The trade was a 6.34 % decrease in their position. The disclosure for this sale can be found here. Insiders own 14.77% of the company's stock.

Analyst Ratings Changes

Separately, Stephens reissued an "overweight" rating and set a $137.00 price objective on shares of FirstCash in a report on Wednesday, February 19th.

Get Our Latest Stock Analysis on FCFS

FirstCash Trading Down 0.5 %

Shares of NASDAQ FCFS traded down $0.59 during mid-day trading on Friday, hitting $116.87. The company's stock had a trading volume of 573,177 shares, compared to its average volume of 243,575. FirstCash Holdings, Inc. has a one year low of $100.24 and a one year high of $133.64. The company's fifty day simple moving average is $113.54 and its 200-day simple moving average is $110.94. 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 market cap of $5.23 billion, a price-to-earnings ratio of 20.40 and a beta of 0.63.

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

FirstCash Dividend Announcement

The business 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 dividend on an annualized basis and a yield of 1.30%. FirstCash's dividend payout ratio is presently 26.53%.

FirstCash Profile

(Free Report)

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.

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Institutional Ownership by Quarter for FirstCash (NASDAQ:FCFS)

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