18,893 Shares in FirstCash Holdings, Inc. $FCFS Bought by Seneca House Advisors

Seneca House Advisors acquired a new stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,893 shares of the company’s stock, valued at approximately $3,552,000. FirstCash comprises 1.4% of Seneca House Advisors’ portfolio, making the stock its 24th biggest holding.

A number of other institutional investors also recently bought and sold shares of the company. Villanova Investment Management Co LLC boosted its position in FirstCash by 0.4% in the fourth quarter. Villanova Investment Management Co LLC now owns 12,783 shares of the company’s stock worth $2,037,000 after purchasing an additional 54 shares during the last quarter. Root Financial Partners LLC increased its position in shares of FirstCash by 29.6% during the 1st quarter. Root Financial Partners LLC now owns 245 shares of the company’s stock valued at $46,000 after purchasing an additional 56 shares during the last quarter. Ascent Group LLC lifted its stake in shares of FirstCash by 6.0% in the 4th quarter. Ascent Group LLC now owns 1,423 shares of the company’s stock worth $227,000 after purchasing an additional 81 shares during the period. Pullen Investment Management LLC boosted its holdings in shares of FirstCash by 0.4% in the fourth quarter. Pullen Investment Management LLC now owns 20,263 shares of the company’s stock worth $3,230,000 after buying an additional 87 shares during the last quarter. Finally, Yousif Capital Management LLC boosted its holdings in shares of FirstCash by 1.1% in the fourth quarter. Yousif Capital Management LLC now owns 8,260 shares of the company’s stock worth $1,393,000 after buying an additional 89 shares during the last quarter. Institutional investors own 80.30% of the company’s stock.

FirstCash Stock Performance

FirstCash stock traded down $2.81 during midday trading on Friday, hitting $218.61. The stock had a trading volume of 203,763 shares, compared to its average volume of 470,741. The firm’s fifty day moving average is $222.97 and its two-hundred day moving average is $197.69. The company has a market capitalization of $9.58 billion, a PE ratio of 27.39 and a beta of 0.53. FirstCash Holdings, Inc. has a 52-week low of $119.21 and a 52-week high of $235.97. The company has a current ratio of 4.77, a quick ratio of 3.42 and a debt-to-equity ratio of 0.98.

FirstCash (NASDAQ:FCFS) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.30 by $0.39. The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1 billion. FirstCash had a net margin of 9.15% and a return on equity of 18.68%. The company’s revenue for the quarter was up 25.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.07 earnings per share. On average, research analysts forecast that FirstCash Holdings, Inc. will post 11.33 EPS for the current year.

FirstCash Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a dividend of $0.42 per share. The ex-dividend date was Friday, May 15th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 0.8%. FirstCash’s payout ratio is 21.05%.

Insider Activity at FirstCash

In related news, SVP Raul Ramos sold 6,835 shares of the company’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $225.23, for a total value of $1,539,447.05. Following the completion of the transaction, the senior vice president owned 20,400 shares of the company’s stock, valued at approximately $4,594,692. This represents a 25.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Paula K. Garrett sold 1,500 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $217.40, for a total value of $326,100.00. Following the completion of the sale, the director owned 6,564 shares of the company’s stock, valued at $1,427,013.60. The trade was a 18.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 27,500 shares of company stock worth $6,243,104 in the last 90 days. Company insiders own 2.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on FCFS. Wall Street Zen cut shares of FirstCash from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th. TD Cowen lifted their price target on shares of FirstCash from $235.00 to $240.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Canaccord Genuity Group boosted their price objective on shares of FirstCash from $242.00 to $252.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Weiss Ratings lowered FirstCash from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday, April 27th. Finally, Zacks Research cut FirstCash from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, FirstCash currently has an average rating of “Moderate Buy” and a consensus price target of $199.25.

FirstCash Company Profile

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.