Aigen Investment Management LP Invests $452,000 in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Aigen Investment Management LP purchased a new position in FirstCash Holdings, Inc. (NASDAQ:FCFS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,367 shares of the company’s stock, valued at approximately $452,000.

Several other large investors also recently added to or reduced their stakes in FCFS. Wealth Enhancement Advisory Services LLC boosted its stake in FirstCash by 13.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,717 shares of the company’s stock valued at $312,000 after buying an additional 312 shares during the period. Lifestyle Asset Management Inc. bought a new stake in FirstCash during the third quarter valued at $281,000. CWA Asset Management Group LLC bought a new stake in FirstCash during the third quarter valued at $1,576,000. Crossmark Global Holdings Inc. boosted its stake in FirstCash by 21.0% during the third quarter. Crossmark Global Holdings Inc. now owns 2,967 shares of the company’s stock valued at $341,000 after buying an additional 514 shares during the period. Finally, GSA Capital Partners LLP bought a new stake in FirstCash during the third quarter valued at $730,000. Institutional investors own 80.30% of the company’s stock.

Wall Street Analysts Forecast Growth

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

FirstCash Trading Up 0.1 %

Shares of FCFS stock opened at $115.42 on Friday. The company has a quick ratio of 3.15, a current ratio of 4.14 and a debt-to-equity ratio of 0.84. The business has a 50-day moving average price of $111.23 and a two-hundred day moving average price of $111.06. FirstCash Holdings, Inc. has a 12-month low of $100.24 and a 12-month high of $133.64. The firm has a market cap of $5.17 billion, a P/E ratio of 20.14 and a beta of 0.63.

FirstCash (NASDAQ:FCFS) last issued its quarterly earnings results on Thursday, January 30th. The company reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.10. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. Equities analysts anticipate 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 paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.32%. The ex-dividend date was Friday, February 14th. FirstCash’s dividend payout ratio (DPR) is currently 26.53%.

Insider Transactions at FirstCash

In other news, major shareholder Douglas Richard Rippel sold 300,000 shares of FirstCash stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $113.43, for a total value of $34,029,000.00. Following the transaction, the insider now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO R Douglas Orr sold 2,000 shares of FirstCash stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $113.35, for a total value of $226,700.00. Following the completion of the transaction, the chief financial officer now owns 100,567 shares in the company, valued at approximately $11,399,269.45. This represents a 1.95 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 14.77% of the company’s stock.

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.