Advantage Alpha Capital Partners LP Has $4.81 Million Position in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Advantage Alpha Capital Partners LP lifted its position in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) by 43.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,457 shares of the company’s stock after purchasing an additional 14,164 shares during the period. Advantage Alpha Capital Partners LP owned 0.10% of FirstCash worth $4,813,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Rialto Wealth Management LLC acquired a new position in FirstCash in the 4th quarter valued at $31,000. J.Safra Asset Management Corp lifted its stake in FirstCash by 38.8% during the fourth quarter. J.Safra Asset Management Corp now owns 454 shares of the company’s stock worth $47,000 after purchasing an additional 127 shares during the last quarter. R Squared Ltd acquired a new stake in shares of FirstCash in the 4th quarter valued at $92,000. Parkside Financial Bank & Trust boosted its holdings in shares of FirstCash by 7.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company’s stock valued at $142,000 after purchasing an additional 94 shares in the last quarter. Finally, Franklin Resources Inc. bought a new position in shares of FirstCash in the 3rd quarter valued at $204,000. Institutional investors and hedge funds own 80.30% of the company’s stock.

Analysts Set New Price Targets

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

Insider Activity

In other FirstCash news, 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 value of $34,029,000.00. Following the transaction, the insider now directly owns 4,431,869 shares of the company’s stock, valued at approximately $502,706,900.67. The trade was a 6.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO R Douglas Orr sold 2,000 shares of the stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $113.35, for a total transaction of $226,700.00. Following the transaction, the chief financial officer now directly owns 100,567 shares in the company, valued at approximately $11,399,269.45. This represents a 1.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 14.77% of the company’s stock.

FirstCash Stock Performance

NASDAQ FCFS opened at $116.87 on Monday. FirstCash Holdings, Inc. has a fifty-two week low of $100.24 and a fifty-two week high of $133.64. The stock has a market cap of $5.23 billion, a PE ratio of 20.40 and a beta of 0.63. 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 firm’s fifty day moving average price is $113.74 and its two-hundred day moving average price is $110.81.

FirstCash (NASDAQ:FCFS) last issued its earnings results on Thursday, January 30th. The company reported $2.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.10. FirstCash had a return on equity of 14.99% and a net margin of 7.64%. On average, equities analysts expect that FirstCash Holdings, Inc. will post 7.7 EPS for the current fiscal year.

FirstCash Dividend Announcement

The business also recently announced 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 1.30%. The ex-dividend date of this dividend was Friday, February 14th. FirstCash’s payout ratio is presently 26.53%.

FirstCash Company 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.