Mount Yale Investment Advisors LLC Acquires 366 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS)

Mount Yale Investment Advisors LLC grew its holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS) by 12.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,311 shares of the company’s stock after acquiring an additional 366 shares during the period. Mount Yale Investment Advisors LLC’s holdings in FirstCash were worth $380,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of FCFS. Allspring Global Investments Holdings LLC bought a new position in shares of FirstCash in the 1st quarter valued at approximately $26,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of FirstCash in the second quarter worth $54,000. Whittier Trust Co. boosted its holdings in shares of FirstCash by 62.2% during the 1st 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. CWM LLC grew its stake in FirstCash by 157.5% in the 3rd quarter. CWM LLC now owns 569 shares of the company’s stock valued at $65,000 after buying an additional 348 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in FirstCash by 28.9% in the 3rd quarter. GAMMA Investing LLC now owns 900 shares of the company’s stock worth $103,000 after acquiring an additional 202 shares during the period. Institutional investors and hedge funds own 80.30% of the company’s stock.

FirstCash Stock Up 3.2 %

FirstCash stock opened at $105.54 on Monday. The company has a debt-to-equity ratio of 0.85, a current ratio of 4.03 and a quick ratio of 3.04. FirstCash Holdings, Inc. has a fifty-two week low of $100.39 and a fifty-two week high of $133.64. The firm has a fifty day moving average price of $115.22 and a two-hundred day moving average price of $114.59. The firm has a market cap of $4.72 billion, a price-to-earnings ratio of 20.22 and a beta of 0.62.

FirstCash (NASDAQ:FCFS) last posted its quarterly earnings data on Thursday, October 24th. The company reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.05. The business had revenue of $837.30 million during the quarter, compared to analysts’ expectations of $843.94 million. FirstCash had a return on equity of 14.90% and a net margin of 7.17%. The firm’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.56 EPS. As a group, analysts forecast that FirstCash Holdings, Inc. will post 6.52 earnings per share for the current year.

FirstCash Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Friday, November 15th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date is Friday, November 15th. FirstCash’s dividend payout ratio (DPR) is currently 29.12%.

Insiders Place Their Bets

In other news, CFO R Douglas Orr sold 2,000 shares of the company’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $107.18, for a total transaction of $214,360.00. Following the completion of the transaction, the chief financial officer now owns 90,715 shares of the company’s stock, valued at approximately $9,722,833.70. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CFO R Douglas Orr sold 2,000 shares of the business’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $107.18, for a total transaction of $214,360.00. Following the transaction, the chief financial officer now directly owns 90,715 shares in the company, valued at $9,722,833.70. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Douglas Richard Rippel sold 2,864 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $120.01, for a total value of $343,708.64. Following the completion of the sale, the director now owns 4,743,159 shares of the company’s stock, valued at $569,226,511.59. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 16,154 shares of company stock worth $1,912,562 in the last ninety days. 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.