36,526 Shares in FirstCash Holdings, Inc. (NASDAQ:FCFS) Acquired by Interval Partners LP

Interval Partners LP acquired a new position in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 36,526 shares of the company’s stock, valued at approximately $3,831,000. Interval Partners LP owned 0.08% of FirstCash at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of FCFS. Johnson Financial Group Inc. bought a new position in shares of FirstCash during the 4th quarter worth about $108,000. TFO Wealth Partners LLC grew its holdings in shares of FirstCash by 56,500.0% in the 4th quarter. TFO Wealth Partners LLC now owns 1,698 shares of the company’s stock worth $184,000 after purchasing an additional 1,695 shares during the last quarter. Capstone Investment Advisors LLC acquired a new stake in shares of FirstCash during the 4th quarter worth about $444,000. Axiom Investors LLC DE bought a new position in FirstCash during the 4th quarter valued at about $8,347,000. Finally, Bank of Nova Scotia acquired a new position in FirstCash in the fourth quarter valued at about $207,000. Institutional investors own 80.30% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, BTIG Research assumed coverage on FirstCash in a research report on Friday, June 7th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $142.00.

Insider Activity

In other FirstCash news, CFO R Douglas Orr sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $107.18, for a total value of $214,360.00. Following the completion of the transaction, the chief financial officer now directly owns 90,715 shares in the company, valued at $9,722,833.70. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CFO R Douglas Orr sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $107.18, for a total value of $214,360.00. Following the completion of the sale, the chief financial officer now directly owns 90,715 shares of the company’s stock, valued at $9,722,833.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Douglas Richard Rippel sold 600 shares of FirstCash stock in a transaction on Friday, September 6th. The stock was sold at an average price of $120.07, for a total transaction of $72,042.00. Following the transaction, the director now directly owns 4,735,243 shares of the company’s stock, valued at $568,560,627.01. The disclosure for this sale can be found here. Insiders sold 16,154 shares of company stock worth $1,912,562 in the last quarter. Corporate insiders own 14.77% of the company’s stock.

FirstCash Stock Up 0.6 %

NASDAQ:FCFS opened at $118.02 on Tuesday. FirstCash Holdings, Inc. has a 12-month low of $95.00 and a 12-month high of $133.64. The stock’s fifty day simple moving average is $115.10 and its 200-day simple moving average is $116.27. The company has a quick ratio of 3.04, a current ratio of 4.03 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $5.37 billion, a P/E ratio of 23.01 and a beta of 0.62.

FirstCash (NASDAQ:FCFS) last issued its quarterly earnings data on Thursday, July 25th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.05. FirstCash had a net margin of 7.17% and a return on equity of 14.90%. The business had revenue of $831.00 million for the quarter, compared to analyst estimates of $824.87 million. During the same period last year, the business posted $1.22 earnings per share. The firm’s quarterly revenue was up 10.7% on a year-over-year basis. Equities research analysts expect that FirstCash Holdings, Inc. will post 6.56 earnings per share for the current year.

FirstCash Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 15th were issued a $0.38 dividend. This is a boost from FirstCash’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.52 annualized dividend and a dividend yield of 1.29%. FirstCash’s dividend payout ratio (DPR) is presently 29.63%.

FirstCash 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.