FirstCash Holdings, Inc. (NASDAQ:FCFS) Shares Acquired by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust raised its stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) by 7.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,370 shares of the company’s stock after acquiring an additional 94 shares during the period. Parkside Financial Bank & Trust’s holdings in FirstCash were worth $142,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in FCFS. R Squared Ltd acquired a new stake in shares of FirstCash during the fourth quarter valued at about $92,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of FirstCash during the third quarter valued at about $133,000. KBC Group NV increased its position in shares of FirstCash by 20.5% during the third quarter. KBC Group NV now owns 1,206 shares of the company’s stock valued at $138,000 after acquiring an additional 205 shares during the last quarter. Franklin Resources Inc. acquired a new stake in shares of FirstCash during the third quarter valued at about $204,000. Finally, Park Avenue Securities LLC increased its position in shares of FirstCash by 15.5% during the fourth quarter. Park Avenue Securities LLC now owns 2,039 shares of the company’s stock valued at $211,000 after acquiring an additional 273 shares during the last quarter. 80.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Stephens restated an “overweight” rating and issued a $137.00 price objective on shares of FirstCash in a report on Wednesday, February 19th.

FirstCash Trading Up 1.2 %

Shares of FCFS stock opened at $112.28 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 3.15 and a current ratio of 4.14. The stock has a market capitalization of $5.03 billion, a P/E ratio of 19.60 and a beta of 0.67. The company has a 50 day moving average price of $110.44 and a 200 day moving average price of $111.17. FirstCash Holdings, Inc. has a fifty-two week low of $100.24 and a fifty-two week high of $133.64.

FirstCash (NASDAQ:FCFS) last announced its quarterly earnings data on Thursday, January 30th. The company reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $2.02 by $0.10. FirstCash had a net margin of 7.64% and a return on equity of 14.99%. Equities research analysts predict that FirstCash Holdings, Inc. will post 7.7 EPS for the current fiscal year.

FirstCash Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend was Friday, February 14th. FirstCash’s dividend payout ratio (DPR) is presently 26.53%.

Insiders Place Their Bets

In other FirstCash news, CFO R Douglas Orr sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $113.35, for a total transaction of $226,700.00. Following the completion of the transaction, the chief financial officer now owns 100,567 shares in the company, valued at $11,399,269.45. The trade was a 1.95 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $113.43, for a total transaction of $34,029,000.00. Following the sale, the insider now owns 4,431,869 shares of the company’s stock, valued at $502,706,900.67. This represents a 6.34 % decrease in their position. The disclosure for this sale can be found here. 14.77% of the stock is currently owned by company insiders.

About FirstCash

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.