FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Sold by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC reduced its position in FirstCash Holdings, Inc. (NASDAQ:FCFS) by 62.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,168 shares of the company’s stock after selling 22,372 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in FirstCash were worth $1,364,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FCFS. Rialto Wealth Management LLC acquired a new stake in shares of FirstCash during the fourth quarter worth $31,000. J.Safra Asset Management Corp lifted its holdings in shares of FirstCash by 38.8% during the fourth quarter. J.Safra Asset Management Corp now owns 454 shares of the company’s stock worth $47,000 after purchasing an additional 127 shares during the period. Quarry LP lifted its holdings in shares of FirstCash by 986.5% during the fourth quarter. Quarry LP now owns 565 shares of the company’s stock worth $59,000 after purchasing an additional 513 shares during the period. Hurley Capital LLC acquired a new stake in shares of FirstCash during the fourth quarter worth $74,000. Finally, R Squared Ltd acquired a new stake in shares of FirstCash during the fourth quarter worth $92,000. 80.30% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on FCFS shares. Stephens reaffirmed an “overweight” rating and set a $137.00 price target on shares of FirstCash in a report on Wednesday, February 19th. StockNews.com upgraded FirstCash from a “buy” rating to a “strong-buy” rating in a research report on Friday, May 2nd.

FirstCash Trading Down 1.7%

NASDAQ:FCFS opened at $129.91 on Wednesday. The stock has a fifty day moving average price of $123.06 and a two-hundred day moving average price of $113.78. The stock has a market capitalization of $5.76 billion, a price-to-earnings ratio of 22.67 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a quick ratio of 3.15 and a current ratio of 4.14. FirstCash Holdings, Inc. has a 1 year low of $100.24 and a 1 year high of $135.57.

FirstCash (NASDAQ:FCFS) last released its quarterly earnings data on Thursday, April 24th. The company reported $2.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.32. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. The firm had revenue of $836.42 million during the quarter, compared to analysts’ expectations of $837.11 million. During the same quarter in the prior year, the business posted $1.55 earnings per share. FirstCash’s revenue was up .0% compared to the same quarter last year. As a group, sell-side analysts anticipate that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current fiscal year.

FirstCash Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date is Thursday, May 15th. FirstCash’s dividend payout ratio is currently 24.32%.

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.