Y Intercept Hong Kong Ltd Has $615,000 Holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Y Intercept Hong Kong Ltd increased its stake in FirstCash Holdings, Inc. (NASDAQ:FCFS) by 55.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,934 shares of the company’s stock after purchasing an additional 2,128 shares during the period. Y Intercept Hong Kong Ltd’s holdings in FirstCash were worth $615,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Handelsbanken Fonder AB boosted its stake in FirstCash by 5.3% in the 4th quarter. Handelsbanken Fonder AB now owns 10,016 shares of the company’s stock worth $1,038,000 after purchasing an additional 500 shares during the period. Sanctuary Advisors LLC lifted its position in FirstCash by 1.8% during the 4th quarter. Sanctuary Advisors LLC now owns 7,347 shares of the company’s stock worth $826,000 after buying an additional 127 shares in the last quarter. Principal Financial Group Inc. lifted its position in FirstCash by 3.6% during the 4th quarter. Principal Financial Group Inc. now owns 130,607 shares of the company’s stock worth $13,531,000 after buying an additional 4,483 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its position in FirstCash by 19.0% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 19,981 shares of the company’s stock worth $2,070,000 after buying an additional 3,194 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in FirstCash by 5.0% during the 4th quarter. Rhumbline Advisers now owns 122,592 shares of the company’s stock worth $12,701,000 after buying an additional 5,847 shares in the last quarter. 80.30% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO R Douglas Orr sold 2,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $113.35, for a total value of $226,700.00. Following the sale, the chief financial officer now directly owns 100,567 shares of the company’s stock, valued at approximately $11,399,269.45. This represents a 1.95 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the company’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $113.43, for a total transaction of $34,029,000.00. Following the completion of the sale, the insider now directly owns 4,431,869 shares in the company, valued at approximately $502,706,900.67. The trade was a 6.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 14.77% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, Stephens reissued an “overweight” rating and set a $137.00 price target on shares of FirstCash in a research report on Wednesday, February 19th.

FirstCash Trading Up 1.2 %

Shares of NASDAQ:FCFS opened at $112.28 on Friday. The company’s 50-day moving average price is $110.44 and its two-hundred day moving average price is $111.17. The company has a debt-to-equity ratio of 0.84, a current ratio of 4.14 and a quick ratio of 3.15. FirstCash Holdings, Inc. has a one year low of $100.24 and a one year high of $133.64. The stock has a market capitalization of $5.03 billion, a PE ratio of 19.60 and a beta of 0.67.

FirstCash (NASDAQ:FCFS) last issued its earnings results on Thursday, January 30th. The company reported $2.12 earnings per share (EPS) 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%. On average, equities analysts forecast that FirstCash Holdings, Inc. will post 7.7 EPS for the current fiscal year.

FirstCash Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.38 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.35%. FirstCash’s payout ratio is 26.53%.

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.