Earnest Partners LLC increased its stake in shares of First Cash, Inc. (NYSE:FCFS) by 1.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,474,115 shares of the credit services provider’s stock after purchasing an additional 22,690 shares during the quarter. Earnest Partners LLC owned 3.12% of First Cash worth $93,090,000 at the end of the most recent quarter.

Separately, Cornerstone Capital Management Holdings LLC. bought a new position in First Cash in the 3rd quarter valued at $1,736,000. Institutional investors own 95.71% of the company’s stock.

Shares of First Cash, Inc. (FCFS) opened at $67.75 on Friday. First Cash, Inc. has a 1-year low of $39.80 and a 1-year high of $68.10. The firm has a market capitalization of $3,199.26, a price-to-earnings ratio of 26.28 and a beta of 0.79. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.57 and a quick ratio of 4.30.

First Cash (NYSE:FCFS) last issued its earnings results on Thursday, October 26th. The credit services provider reported $0.61 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.01. First Cash had a return on equity of 8.45% and a net margin of 6.41%. The business had revenue of $435.40 million during the quarter, compared to analysts’ expectations of $418.57 million. During the same period in the prior year, the business earned $0.58 EPS. The business’s revenue for the quarter was up 66.7% compared to the same quarter last year. sell-side analysts predict that First Cash, Inc. will post 2.65 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Monday, November 13th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.18%. This is a boost from First Cash’s previous quarterly dividend of $0.19. The ex-dividend date was Friday, November 10th. First Cash’s dividend payout ratio is currently 34.19%.

Several equities analysts have commented on FCFS shares. Zacks Investment Research raised First Cash from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a research report on Thursday, August 31st. BidaskClub raised First Cash from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $65.14.

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About First Cash

FirstCash, Inc, formerly First Cash Financial Services, Inc, is an operator of retail-based pawn stores in the United States and Latin America. The Company’s primary business is the operation of full-service pawn stores, which make small pawn loans secured by personal property, such as consumer electronics, jewelry, power tools, household appliances, sporting goods and musical instruments.

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