Fifth Third Bancorp lowered its stake in FirstCash Holdings, Inc. (NASDAQ:FCFS – Free Report) by 29.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,754 shares of the company’s stock after selling 4,890 shares during the quarter. Fifth Third Bancorp’s holdings in FirstCash were worth $1,218,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Virtu Financial LLC bought a new position in FirstCash during the third quarter valued at approximately $553,000. CWA Asset Management Group LLC purchased a new stake in shares of FirstCash during the 3rd quarter worth approximately $1,576,000. Advantage Alpha Capital Partners LP bought a new position in shares of FirstCash during the 3rd quarter valued at approximately $3,707,000. Natixis Advisors LLC grew its holdings in shares of FirstCash by 174.3% in the third quarter. Natixis Advisors LLC now owns 159,140 shares of the company’s stock valued at $18,269,000 after purchasing an additional 101,130 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in FirstCash by 32.2% in the third quarter. JPMorgan Chase & Co. now owns 160,379 shares of the company’s stock worth $18,412,000 after purchasing an additional 39,077 shares during the last quarter. Institutional investors own 80.30% of the company’s stock.
FirstCash Stock Down 1.0 %
NASDAQ FCFS opened at $111.56 on Wednesday. The company has a quick ratio of 3.23, a current ratio of 4.31 and a debt-to-equity ratio of 0.87. FirstCash Holdings, Inc. has a 52 week low of $100.24 and a 52 week high of $133.64. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of 20.66 and a beta of 0.66. The company has a fifty day moving average of $106.80 and a two-hundred day moving average of $110.72.
Insider Buying and Selling
Wall Street Analyst Weigh In
FCFS has been the subject of several research reports. TD Cowen lowered their price objective on shares of FirstCash from $134.00 to $130.00 and set a “buy” rating for the company in a research report on Monday, October 28th. Stephens initiated coverage on FirstCash in a research note on Wednesday, November 13th. They set an “overweight” rating and a $137.00 price objective on the stock.
Get Our Latest Report on FirstCash
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.
Further Reading
- Five stocks we like better than FirstCash
- There Are Different Types of Stock To Invest In
- Survey Reveals: Top 150 Best Coffee Shops for Remote Workers and Business Deals [2025]
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- What Does the Future Hold for Eli Lilly?
- What is a Secondary Public Offering? What Investors Need to Know
- Oracle Stock Drops Nearly 14% – Is Now the Time to Buy?
Want to see what other hedge funds are holding FCFS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FirstCash Holdings, Inc. (NASDAQ:FCFS – Free Report).
Receive News & Ratings for FirstCash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstCash and related companies with MarketBeat.com's FREE daily email newsletter.