Bleakley Financial Group LLC Acquires 1,552 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS)

Bleakley Financial Group LLC increased its stake in FirstCash Holdings, Inc. (NASDAQ:FCFS) by 75.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,612 shares of the company’s stock after acquiring an additional 1,552 shares during the period. Bleakley Financial Group LLC’s holdings in FirstCash were worth $415,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC purchased a new position in shares of FirstCash in the 1st quarter worth approximately $26,000. Whittier Trust Co. boosted its stake in FirstCash by 62.2% during the first quarter. Whittier Trust Co. now owns 459 shares of the company’s stock worth $59,000 after buying an additional 176 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in FirstCash during the second quarter valued at $54,000. CWM LLC raised its stake in shares of FirstCash by 157.5% in the third quarter. CWM LLC now owns 569 shares of the company’s stock valued at $65,000 after acquiring an additional 348 shares during the period. Finally, EntryPoint Capital LLC lifted its holdings in shares of FirstCash by 134.3% in the 1st quarter. EntryPoint Capital LLC now owns 841 shares of the company’s stock worth $107,000 after acquiring an additional 482 shares during the last quarter. 80.30% of the stock is owned by institutional investors.

FirstCash Stock Performance

Shares of NASDAQ:FCFS opened at $111.04 on Wednesday. The company has a current ratio of 4.03, a quick ratio of 3.04 and a debt-to-equity ratio of 0.85. FirstCash Holdings, Inc. has a 12 month low of $100.39 and a 12 month high of $133.64. The company has a market capitalization of $5.05 billion, a price-to-earnings ratio of 21.65 and a beta of 0.62. The firm’s 50-day moving average is $115.99 and its 200 day moving average is $115.03.

FirstCash (NASDAQ:FCFS) last released its earnings results on Thursday, July 25th. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.05. FirstCash had a return on equity of 14.90% and a net margin of 7.17%. The firm had revenue of $831.00 million for the quarter, compared to analysts’ expectations of $824.87 million. During the same quarter in the prior year, the firm posted $1.22 earnings per share. The company’s quarterly revenue was up 10.7% on a year-over-year basis. Research analysts predict that FirstCash Holdings, Inc. will post 6.52 EPS for the current year.

Insider Buying and Selling

In related news, Director Douglas Richard Rippel sold 3,374 shares of the stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $119.94, for a total value of $404,677.56. Following the transaction, the director now owns 4,731,869 shares of the company’s stock, valued at $567,540,367.86. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Douglas Richard Rippel sold 3,374 shares of FirstCash stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $119.94, for a total transaction of $404,677.56. Following the transaction, the director now directly owns 4,731,869 shares of the company’s stock, valued at $567,540,367.86. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO R Douglas Orr sold 2,000 shares of the business’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $107.18, for a total value of $214,360.00. Following the completion of the transaction, the chief financial officer now directly owns 90,715 shares of the company’s stock, valued at approximately $9,722,833.70. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,154 shares of company stock valued at $1,912,562 in the last 90 days. Company insiders own 14.77% of the company’s stock.

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.