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The Manufacturers Life Insurance Company Reduces Stock Holdings in FirstCash Holdings, Inc (NASDAQ:FCFS)

The Manufacturers Life Insurance Company Reduces Stock Holdings in FirstCash Holdings, Inc (NASDAQ:FCFS)

The Producers Life Insurance coverage Firm trimmed its place in FirstCash Holdings, Inc (NASDAQ:FCFS – Get Score) by 4.7% in the course of the third quarter, HoldingsChannel reviews. The agency owned 45,225 shares of the corporate’s inventory after promoting 2,237 shares in the course of the interval. The Producers Life Insurance coverage Firm’s holdings in FirstCash have been value $3,317,000 as of its most up-to-date submitting with the SEC.

Different institutional traders and hedge funds have additionally purchased and bought shares of the corporate. Allworth Monetary LP boosted its place in FirstCash by 49.5% within the third quarter. Allworth Monetary LP now owns 453 shares of the corporate’s inventory value $33,000 after buying a further 150 shares over the last quarter. James Funding Analysis Inc. bought a brand new place in FirstCash within the second quarter value about $33,000. Covestor Ltd boosted its place in FirstCash by 87.3% within the first quarter. Covestor Ltd now owns 691 shares of the corporate’s inventory value $49,000 after buying a further 322 shares over the last quarter. EverSource Wealth Advisors LLC bought a brand new place in FirstCash within the second quarter value about $50,000. Lastly, First Horizon Advisors Inc. bought a brand new place in FirstCash within the second quarter value about $69,000. 78.78% of the inventory is owned by hedge funds and different institutional traders.

Analyst Rankings Modifications

A number of analysis analysts have issued reviews on the corporate. Stephens raised FirstCash from an “equal weight” ranking to an “obese” ranking and raised their goal worth for the inventory from $105.00 to $120.00 in a analysis report on Thursday, January fifth. Credit score Suisse Group started protection on FirstCash in a analysis report on Wednesday, December 14th. They set a “impartial” ranking and a $88.00 worth goal on the inventory. Barclays lifted their worth goal on FirstCash from $105.00 to $110.00 and gave the corporate an “obese” ranking in a analysis report on Monday, October thirty first. StockNews.com started protection on FirstCash in a analysis report on Wednesday, October twelfth. They set a “maintain” ranking on the inventory. Lastly, Wedbush lifted their worth goal on FirstCash from $80.00 to $90.00 in a analysis report on Monday, November seventh. 4 analysis analysts have rated the inventory with a maintain ranking and two have issued a purchase ranking to the corporate. In line with MarketBeat, the corporate presently has a mean ranking of “Maintain” and a consensus worth goal of $97.60.

FirstCash Inventory Efficiency

NASDAQ:FCFS opened at $91.76 on Thursday. The corporate has a debt-to-equity ratio of 0.76, a present ratio of three.46 and a fast ratio of two.56. FirstCash Holdings, Inc has a 1 12 months low of $58.30 and a 1 12 months excessive of $100.00. The inventory’s 50 day easy transferring common is $89.87 and its two-hundred day easy transferring common is $85.49. The corporate has a market cap of $4.25 billion, a price-to-earnings ratio of 21.09 and a beta of 0.78.

Insider Exercise

In different information, Director Douglas Richard Rippel bought 25,715 shares of the enterprise’s inventory in a transaction that occurred on Wednesday, February 1st. The inventory was bought at a mean worth of $91.27, for a complete transaction of $2,347,008.05. Following the transaction, the director now owns 7,032,102 shares of the corporate’s inventory, valued at roughly $641,819,949.54. The transaction was disclosed in a submitting with the SEC, which is accessible by way of the SEC web site. Within the final 90 days, insiders have bought 595,628 shares of firm inventory valued at $53,164,121. 19.35% of the inventory is at the moment owned by insiders.

FirstCash Firm Profile

(Get Score)

FirstCash Holdings, Inc operates retail pawn shops in america and Latin America. Its pawn shops lend cash on the collateral of pledged private property, together with jewellery, electronics, instruments, home equipment, sporting items, and musical devices, and retails merchandise acquired by way of collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise immediately from prospects.

Learn Extra

Wish to see what different hedge funds are holding FCFS? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for FirstCash Holdings, Inc (NASDAQ:FCFS – Get Score).

Institutional Ownership by Quarter for FirstCash (NASDAQ:FCFS)



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