Mutual of America Capital Management LLC Sells 474 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS)

Mutual of America Capital Management LLC lowered its stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) by 2.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,567 shares of the company’s stock after selling 474 shares during the period. Mutual of America Capital Management LLC’s holdings in FirstCash were worth $2,131,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Parkside Financial Bank & Trust grew its holdings in FirstCash by 7.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,370 shares of the company’s stock worth $142,000 after purchasing an additional 94 shares during the period. Integrated Investment Consultants LLC boosted its stake in shares of FirstCash by 2.3% during the 4th quarter. Integrated Investment Consultants LLC now owns 4,595 shares of the company’s stock worth $476,000 after acquiring an additional 105 shares during the period. Sanctuary Advisors LLC increased its holdings in shares of FirstCash by 1.8% during the 4th quarter. Sanctuary Advisors LLC now owns 7,347 shares of the company’s stock worth $826,000 after acquiring an additional 127 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of FirstCash by 1.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 9,147 shares of the company’s stock worth $1,050,000 after acquiring an additional 138 shares during the last quarter. Finally, Exchange Traded Concepts LLC raised its stake in FirstCash by 2.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 6,304 shares of the company’s stock valued at $653,000 after acquiring an additional 160 shares during the period. Institutional investors and hedge funds own 80.30% of the company’s stock.

Insider Transactions at FirstCash

In related news, CFO R Douglas Orr sold 2,000 shares of the stock in a transaction that occurred 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 sale, the chief financial officer now owns 100,567 shares of the company’s stock, valued at $11,399,269.45. This represents a 1.95 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the firm’s stock in a transaction 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 owns 4,431,869 shares in the company, valued at approximately $502,706,900.67. This trade represents a 6.34 % decrease in their position. The disclosure for this sale can be found here. Insiders own 14.77% of the company’s stock.

FirstCash Trading Up 0.1 %

Shares of FCFS stock opened at $115.42 on Friday. FirstCash Holdings, Inc. has a 12-month low of $100.24 and a 12-month high of $133.64. The firm has a 50 day moving average price of $111.23 and a two-hundred day moving average price of $111.06. 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 company has a market capitalization of $5.17 billion, a PE ratio of 20.14 and a beta of 0.63.

FirstCash (NASDAQ:FCFS) last released its quarterly earnings results on Thursday, January 30th. The company reported $2.12 earnings per share (EPS) for the quarter, beating 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%. As a group, analysts predict that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year.

FirstCash Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.38 per share. The ex-dividend date was Friday, February 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.32%. FirstCash’s payout ratio is presently 26.53%.

Wall Street Analysts Forecast Growth

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

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.