First Cash Financial Services Inc. (NASDAQ:FCFS) shares hit a new 52-week high on Monday . The company traded as high as $53.84 and last traded at $53.76, with a volume of 65,110 shares changing hands. The stock had previously closed at $53.06.

FCFS has been the topic of a number of recent analyst reports. Zacks Investment Research raised First Cash Financial Services from a “strong sell” rating to a “hold” rating in a research note on Monday, July 18th. Sterne Agee CRT raised First Cash Financial Services from a “neutral” rating to a “buy” rating and set a $56.00 price objective on the stock in a research note on Friday, June 3rd. Finally, TheStreet raised First Cash Financial Services from a “hold” rating to a “buy” rating in a research note on Thursday, July 28th. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $46.50.

The company has a 50-day moving average of $51.37 and a 200 day moving average of $46.55. The firm has a market cap of $1.52 billion and a P/E ratio of 27.46.

First Cash Financial Services (NASDAQ:FCFS) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.04. During the same period in the prior year, the company earned $0.51 earnings per share. The firm had revenue of $181.98 million for the quarter, compared to analyst estimates of $178.75 million. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. On average, analysts anticipate that First Cash Financial Services Inc. will post $2.37 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 24th. Stockholders of record on Wednesday, August 10th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Monday, August 8th. This represents a $0.50 annualized dividend and a dividend yield of 0.93%.

Several hedge funds and institutional investors have recently bought and sold shares of the company. Rhumbline Advisers boosted its position in shares of First Cash Financial Services by 6.4% in the fourth quarter. Rhumbline Advisers now owns 39,802 shares of the company’s stock valued at $1,490,000 after buying an additional 2,390 shares during the period. Bank of Montreal Can boosted its position in shares of First Cash Financial Services by 3,047.4% in the fourth quarter. Bank of Montreal Can now owns 51,995 shares of the company’s stock valued at $1,946,000 after buying an additional 50,343 shares during the period. Finally, Wells Fargo & Company MN boosted its position in shares of First Cash Financial Services by 58.7% in the fourth quarter. Wells Fargo & Company MN now owns 495,704 shares of the company’s stock valued at $18,554,000 after buying an additional 183,360 shares during the period.

First Cash Financial Services, Inc is an operator of retail-based pawn stores in the United States and Latin America. The Company’s primary business is the operation of full-service pawn stores, which make small pawn loans secured by personal property, such as consumer electronics, jewelry, power tools, household appliances, sporting goods and musical instruments.

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