FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Bought by Sei Investments Co.

Sei Investments Co. boosted its holdings in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 5.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 648,582 shares of the company's stock after purchasing an additional 33,040 shares during the quarter. Sei Investments Co. owned approximately 1.45% of FirstCash worth $67,193,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Parkside Financial Bank & Trust increased its stake in shares of FirstCash by 7.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company's stock worth $142,000 after buying an additional 94 shares during the last quarter. Integrated Investment Consultants LLC grew its holdings in 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 acquiring an additional 105 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in FirstCash by 1.8% during the 4th quarter. Sanctuary Advisors LLC now owns 7,347 shares of the company's stock worth $826,000 after acquiring an additional 127 shares in the last quarter. J.Safra Asset Management Corp increased its position in shares of FirstCash by 38.8% in the 4th quarter. J.Safra Asset Management Corp now owns 454 shares of the company's stock worth $47,000 after purchasing an additional 127 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in shares of FirstCash by 1.5% in the 3rd quarter. Thrivent Financial for Lutherans now owns 9,147 shares of the company's stock valued at $1,050,000 after purchasing an additional 138 shares in the last quarter. 80.30% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

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

FirstCash Stock Performance

FCFS traded down $0.03 during trading hours on Thursday, hitting $120.15. 161,403 shares of the stock were exchanged, compared to its average volume of 243,326. The stock has a market cap of $5.38 billion, a price-to-earnings ratio of 20.97 and a beta of 0.63. The stock has a 50-day simple moving average of $114.27 and a 200-day simple moving average of $110.86. The company has a debt-to-equity ratio of 0.84, a current ratio of 4.14 and a quick ratio of 3.15. 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 results on Thursday, January 30th. The company reported $2.12 earnings per share (EPS) for the quarter, topping 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%. Analysts anticipate that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.38 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.52 dividend on an annualized basis and a yield of 1.27%. FirstCash's payout ratio is currently 26.53%.

Insider Activity

In other news, major shareholder Douglas Richard Rippel sold 300,000 shares of the company's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $113.43, for a total transaction of $34,029,000.00. Following the completion of the transaction, the insider now owns 4,431,869 shares in the company, valued at approximately $502,706,900.67. This represents a 6.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO R Douglas Orr sold 2,000 shares of the stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $113.35, for a total transaction of $226,700.00. Following the completion of the sale, the chief financial officer now directly owns 100,567 shares in the company, valued at approximately $11,399,269.45. This trade represents a 1.95 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 14.77% of the company's stock.

About FirstCash

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.