4,468 Shares in FirstCash Holdings, Inc. $FCFS Bought by Gaddis Premier Wealth Advisors LLC

Gaddis Premier Wealth Advisors LLC bought a new position in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) during the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 4,468 shares of the company’s stock, valued at approximately $840,000.

Other institutional investors have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in FirstCash by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,946 shares of the company’s stock valued at $2,761,000 after acquiring an additional 1,021 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of FirstCash by 9.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 389,509 shares of the company’s stock worth $46,866,000 after purchasing an additional 34,364 shares during the period. Jane Street Group LLC lifted its position in shares of FirstCash by 237.2% in the 1st quarter. Jane Street Group LLC now owns 62,057 shares of the company’s stock worth $7,467,000 after purchasing an additional 43,653 shares during the period. American Century Companies Inc. boosted its stake in shares of FirstCash by 4.9% in the 2nd quarter. American Century Companies Inc. now owns 14,187 shares of the company’s stock valued at $1,917,000 after purchasing an additional 666 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of FirstCash by 67.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 20,872 shares of the company’s stock worth $2,821,000 after buying an additional 8,402 shares during the period. Institutional investors own 80.30% of the company’s stock.

Wall Street Analyst Weigh In

FCFS has been the subject of a number of analyst reports. Zacks Research downgraded shares of FirstCash from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. TD Cowen increased their price target on FirstCash from $235.00 to $240.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Wall Street Zen lowered FirstCash from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 10th. Weiss Ratings downgraded FirstCash from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday, April 27th. Finally, Canaccord Genuity Group upped their target price on FirstCash from $242.00 to $252.00 and gave the company a “buy” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, FirstCash presently has an average rating of “Moderate Buy” and a consensus target price of $199.25.

FirstCash Trading Up 0.5%

NASDAQ:FCFS opened at $216.38 on Friday. The company has a current ratio of 4.77, a quick ratio of 3.42 and a debt-to-equity ratio of 0.98. The stock has a market capitalization of $9.49 billion, a price-to-earnings ratio of 27.12 and a beta of 0.53. The firm has a fifty day simple moving average of $222.21 and a two-hundred day simple moving average of $199.41. FirstCash Holdings, Inc. has a 12 month low of $119.21 and a 12 month high of $235.97.

FirstCash (NASDAQ:FCFS) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.30 by $0.39. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1 billion. FirstCash had a net margin of 9.15% and a return on equity of 18.68%. The business’s quarterly revenue was up 25.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.07 earnings per share. Analysts expect that FirstCash Holdings, Inc. will post 11.33 EPS for the current fiscal year.

FirstCash Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, May 15th. FirstCash’s dividend payout ratio is 21.05%.

Insider Buying and Selling at FirstCash

In other news, COO Thomas Brent Stuart sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $228.49, for a total transaction of $2,284,900.00. Following the completion of the sale, the chief operating officer owned 140,846 shares in the company, valued at $32,181,902.54. The trade was a 6.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Howard F. Hambleton sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $226.41, for a total value of $679,230.00. Following the transaction, the insider directly owned 32,406 shares in the company, valued at $7,337,042.46. The trade was a 8.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 27,500 shares of company stock worth $6,243,104 in the last quarter. Company insiders own 2.86% of the company’s stock.

FirstCash Profile

FirstCash, Inc (NASDAQ: FCFS) is a leading integrated operator of pawn stores and provider of short-term consumer loan services in the United States and Mexico. Through its retail pawn outlets, FirstCash offers collateral-based loans secured by personal property, enabling customers to access liquidity without a credit history or traditional bank account. The company also purchases, trades and sells a broad range of secondhand merchandise, including electronics, jewelry and power tools, through its network of conveniently located stores.

In addition to its pawn-broking activities, FirstCash provides unsecured consumer loans designed to meet urgent cash needs.