2,645 Shares in FirstCash Holdings, Inc. $FCFS Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. acquired a new stake in FirstCash Holdings, Inc. (NASDAQ:FCFS) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,645 shares of the company’s stock, valued at approximately $572,000.

Other hedge funds have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of FirstCash by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,946 shares of the company’s stock worth $2,761,000 after buying an additional 1,021 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of FirstCash by 9.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 389,509 shares of the company’s stock valued at $46,866,000 after acquiring an additional 34,364 shares during the last quarter. Jane Street Group LLC raised its position in shares of FirstCash by 237.2% in the 1st quarter. Jane Street Group LLC now owns 62,057 shares of the company’s stock valued at $7,467,000 after acquiring an additional 43,653 shares during the period. American Century Companies Inc. raised its position in shares of FirstCash by 4.9% in the 2nd quarter. American Century Companies Inc. now owns 14,187 shares of the company’s stock valued at $1,917,000 after acquiring an additional 666 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in FirstCash by 67.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 20,872 shares of the company’s stock worth $2,821,000 after acquiring an additional 8,402 shares during the last quarter. Institutional investors and hedge funds own 80.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on FCFS shares. Zacks Research cut shares of FirstCash from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. TD Cowen increased their target price on shares of FirstCash from $235.00 to $240.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Weiss Ratings cut shares of FirstCash from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday. Wall Street Zen lowered shares of FirstCash from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th. Finally, Loop Capital upgraded shares of FirstCash from a “hold” rating to a “buy” rating and set a $255.00 price objective for the company in a research report on Monday, August 10th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $249.00.

Insider Transactions at FirstCash

In other news, COO Thomas Brent Stuart sold 5,348 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $214.63, for a total value of $1,147,841.24. Following the sale, the chief operating officer directly owned 135,498 shares in the company, valued at $29,081,935.74. The trade was a 3.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Howard F. Hambleton sold 2,000 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $212.98, for a total value of $425,960.00. Following the transaction, the insider directly owned 30,406 shares of the company’s stock, valued at $6,475,869.88. This represents a 6.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 20,348 shares of company stock worth $4,492,755. Company insiders own 2.86% of the company’s stock.

FirstCash Price Performance

FirstCash stock opened at $225.28 on Monday. The stock has a market capitalization of $9.77 billion, a PE ratio of 25.72 and a beta of 0.53. FirstCash Holdings, Inc. has a twelve month low of $138.34 and a twelve month high of $235.97. The company has a quick ratio of 3.51, a current ratio of 4.89 and a debt-to-equity ratio of 1.01. The company has a 50 day moving average of $214.07 and a 200-day moving average of $207.16.

FirstCash (NASDAQ:FCFS) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $2.50 EPS for the quarter, topping analysts’ consensus estimates of $2.39 by $0.11. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.03 billion. FirstCash had a net margin of 9.42% and a return on equity of 19.65%. The firm’s quarterly revenue was up 29.4% on a year-over-year basis. During the same period last year, the business posted $1.34 earnings per share. On average, equities research analysts anticipate that FirstCash Holdings, Inc. will post 11.85 EPS for the current fiscal year.

FirstCash Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.68 annualized dividend and a dividend yield of 0.7%. FirstCash’s dividend payout ratio (DPR) is currently 19.18%.

About FirstCash

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.