R Douglas Orr Sells 2,000 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) Stock

FirstCash Holdings, Inc. (NASDAQ:FCFS) CFO R Douglas Orr sold 2,000 shares of FirstCash stock in a transaction that occurred 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 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

FirstCash Stock Down 2.0 %

Shares of FirstCash stock opened at $107.73 on Friday. FirstCash Holdings, Inc. has a 12-month low of $101.62 and a 12-month high of $133.64. 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 stock has a 50 day moving average price of $113.44 and a two-hundred day moving average price of $113.34. The stock has a market capitalization of $4.82 billion, a P/E ratio of 20.02 and a beta of 0.64.

FirstCash (NASDAQ:FCFS) 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 net margin of 7.29% and a return on equity of 14.97%. The business had revenue of $837.30 million during the quarter, compared to the consensus estimate of $843.94 million. During the same period in the prior year, the firm earned $1.56 EPS. FirstCash’s quarterly revenue was up 6.5% compared to the same quarter last year. Equities analysts expect that FirstCash Holdings, Inc. will post 6.61 earnings per share for the current year.

FirstCash Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th will be given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.41%. The ex-dividend date is Friday, November 15th. FirstCash’s dividend payout ratio is currently 28.15%.

Hedge Funds Weigh In On FirstCash

Several large investors have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC acquired a new position in shares of FirstCash during the first quarter worth approximately $26,000. Commonwealth Equity Services LLC raised its stake in FirstCash by 5.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 5,618 shares of the company’s stock valued at $717,000 after purchasing an additional 315 shares during the last quarter. Whittier Trust Co. boosted its holdings in FirstCash by 62.2% in the 1st quarter. Whittier Trust Co. now owns 459 shares of the company’s stock valued at $59,000 after purchasing an additional 176 shares during the period. Texas Permanent School Fund Corp grew its position in FirstCash by 1.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 32,372 shares of the company’s stock worth $4,129,000 after purchasing an additional 419 shares during the last quarter. Finally, Duality Advisers LP increased its holdings in shares of FirstCash by 58.6% during the 1st quarter. Duality Advisers LP now owns 15,728 shares of the company’s stock worth $2,006,000 after purchasing an additional 5,810 shares during the period. Institutional investors and hedge funds own 80.30% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, TD Cowen reduced their price objective on shares of FirstCash from $134.00 to $130.00 and set a “buy” rating for the company in a research note on Monday, October 28th.

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.