Zions Bancorporation N.A. Has $1.76 Million Stock Holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS)

Zions Bancorporation N.A. boosted its holdings in FirstCash Holdings, Inc. (NASDAQ:FCFS) by 15.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,936 shares of the company’s stock after purchasing an additional 2,206 shares during the period. Zions Bancorporation N.A.’s holdings in FirstCash were worth $1,755,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Virtu Financial LLC acquired a new position in FirstCash during the 3rd quarter valued at $553,000. Advantage Alpha Capital Partners LP bought a new position in shares of FirstCash during the 3rd quarter worth about $3,707,000. Principal Financial Group Inc. raised its position in shares of FirstCash by 3.6% during the fourth quarter. Principal Financial Group Inc. now owns 130,607 shares of the company’s stock valued at $13,531,000 after buying an additional 4,483 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of FirstCash by 32.2% in the third quarter. JPMorgan Chase & Co. now owns 160,379 shares of the company’s stock valued at $18,412,000 after buying an additional 39,077 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in FirstCash during the fourth quarter worth about $18,169,000. 80.30% of the stock is currently owned by institutional investors and hedge funds.

FirstCash Trading Up 0.7 %

Shares of FCFS stock opened at $118.59 on Wednesday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 3.15 and a current ratio of 4.14. The firm has a fifty day moving average of $114.09 and a 200-day moving average of $110.80. FirstCash Holdings, Inc. has a 52-week low of $100.24 and a 52-week high of $133.64. The stock has a market cap of $5.31 billion, a price-to-earnings ratio of 20.70 and a beta of 0.63.

FirstCash (NASDAQ:FCFS) last posted its quarterly earnings results on Thursday, January 30th. The company reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.10. FirstCash had a net margin of 7.64% and a return on equity of 14.99%. On average, equities research analysts forecast that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current fiscal year.

FirstCash Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend was Friday, February 14th. FirstCash’s dividend payout ratio is 26.53%.

Analyst Ratings Changes

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

Insider Activity at FirstCash

In other news, CFO R Douglas Orr sold 2,000 shares of FirstCash stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $113.35, for a total value of $226,700.00. Following the completion of the transaction, the chief financial officer now owns 100,567 shares in the company, valued at approximately $11,399,269.45. The trade was a 1.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Douglas Richard Rippel sold 300,000 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 4,431,869 shares in the company, valued at $502,706,900.67. The trade was a 6.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 14.77% of the stock is owned by insiders.

FirstCash Company 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.