12,800 Shares in FirstCash Holdings, Inc. $FCFS Bought by Aubrey Capital Management Ltd

Aubrey Capital Management Ltd acquired a new position in FirstCash Holdings, Inc. (NASDAQ:FCFS) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 12,800 shares of the company’s stock, valued at approximately $2,407,000. FirstCash comprises about 1.3% of Aubrey Capital Management Ltd’s investment portfolio, making the stock its 28th largest position.

A number of other institutional investors have also recently bought and sold shares of the business. Harbor Investment Advisory LLC bought a new stake in shares of FirstCash during the 1st quarter worth $26,000. CIBC Private Wealth Group LLC boosted its holdings in shares of FirstCash by 490.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 195 shares of the company’s stock worth $31,000 after buying an additional 162 shares during the last quarter. Community Bank N.A. bought a new position in FirstCash during the third quarter valued at about $32,000. High Point Wealth Management LLC bought a new position in FirstCash during the fourth quarter valued at about $33,000. Finally, Root Financial Partners LLC increased its holdings in FirstCash by 29.6% during the first quarter. Root Financial Partners LLC now owns 245 shares of the company’s stock worth $46,000 after buying an additional 56 shares during the last quarter. Institutional investors own 80.30% of the company’s stock.

Wall Street Analyst Weigh In

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

Insider Transactions at FirstCash

In other news, COO Thomas Brent Stuart sold 10,000 shares of FirstCash stock in a transaction on Monday, May 18th. The stock was sold at an average price of $228.49, for a total value of $2,284,900.00. Following the completion of the transaction, the chief operating officer directly owned 140,846 shares in the company, valued at approximately $32,181,902.54. The trade was a 6.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO R Douglas Orr sold 2,000 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $227.29, for a total value of $454,580.00. Following the sale, the chief financial officer owned 35,734 shares in the company, valued at approximately $8,121,980.86. The trade was a 5.30% 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. Over the last ninety days, insiders sold 27,500 shares of company stock valued at $6,243,104. 2.86% of the stock is currently owned by company insiders.

FirstCash Stock Performance

NASDAQ FCFS opened at $210.06 on Wednesday. The company’s 50 day moving average is $222.60 and its 200-day moving average is $198.65. FirstCash Holdings, Inc. has a 12-month low of $119.21 and a 12-month high of $235.97. The company has a quick ratio of 3.42, a current ratio of 4.77 and a debt-to-equity ratio of 0.98. The firm has a market cap of $9.21 billion, a P/E ratio of 26.32 and a beta of 0.53.

FirstCash (NASDAQ:FCFS) last announced its quarterly earnings results on Thursday, April 23rd. The company reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.30 by $0.39. The company had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1 billion. FirstCash had a net margin of 9.15% and a return on equity of 18.68%. FirstCash’s revenue was up 25.7% compared to the same quarter last year. During the same period in the prior year, the company posted $2.07 EPS. Sell-side analysts predict that FirstCash Holdings, Inc. will post 11.33 earnings per share for the current year.

FirstCash Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a dividend of $0.42 per share. The ex-dividend date was Friday, May 15th. This represents a $1.68 annualized dividend and a dividend yield of 0.8%. FirstCash’s dividend payout ratio is currently 21.05%.

FirstCash Company 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.