Profit Investment Management LLC Has $2.58 Million Holdings in FirstCash Holdings, Inc. $FCFS

Profit Investment Management LLC reduced its stake in FirstCash Holdings, Inc. (NASDAQ:FCFS - Free Report) by 34.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,257 shares of the company's stock after selling 8,523 shares during the period. FirstCash comprises approximately 3.2% of Profit Investment Management LLC's investment portfolio, making the stock its 2nd largest position. Profit Investment Management LLC's holdings in FirstCash were worth $2,575,000 as of its most recent SEC filing.A number of other institutional investors have also added to or reduced their stakes in the stock. USA Financial Formulas acquired a new stake in FirstCash in the third quarter valued at approximately $115,000. GAMMA Investing LLC lifted its stake in shares of FirstCash by 12.4% in the 3rd quarter. GAMMA Investing LLC now owns 2,499 shares of the company's stock valued at $396,000 after acquiring an additional 275 shares during the last quarter. Texas Permanent School Fund Corp boosted its holdings in shares of FirstCash by 4.7% during the 2nd quarter. Texas Permanent School Fund Corp now owns 36,396 shares of the company's stock valued at $4,919,000 after acquiring an additional 1,635 shares in the last quarter. Osaic Holdings Inc. grew its position in FirstCash by 79.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,278 shares of the company's stock worth $173,000 after acquiring an additional 564 shares during the last quarter. Finally, Total Investment Management Inc. acquired a new position in FirstCash in the 2nd quarter worth about $94,000. 80.30% of the stock is currently owned by institutional investors and hedge funds. FirstCash Price PerformanceFCFS stock opened at $161.06 on Monday. The company has a quick ratio of 3.72, a current ratio of 4.99 and a debt-to-equity ratio of 1.01. The firm has a market cap of $7.11 billion, a price-to-earnings ratio of 23.24 and a beta of 0.53. The company's fifty day simple moving average is $157.85 and its 200 day simple moving average is $145.79. FirstCash Holdings, Inc. has a 12-month low of $101.48 and a 12-month high of $166.08. FirstCash (NASDAQ:FCFS - Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The company reported $2.26 earnings per share for the quarter, topping analysts' consensus estimates of $1.91 by $0.35. The firm had revenue of $904.27 million during the quarter, compared to the consensus estimate of $845.28 million. FirstCash had a return on equity of 17.44% and a net margin of 8.88%.The business's revenue was up 11.7% compared to the same quarter last year. During the same period last year, the business posted $1.67 EPS. On average, analysts expect that FirstCash Holdings, Inc. will post 7.7 earnings per share for the current year. FirstCash Announces DividendThe firm also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 14th were issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Friday, November 14th. FirstCash's payout ratio is presently 24.24%. FirstCash declared that its board has initiated a share buyback program on Thursday, October 30th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 2.3% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued. Analyst Upgrades and DowngradesFCFS has been the topic of a number of recent research reports. Cowen reissued a "buy" rating on shares of FirstCash in a research note on Friday, October 31st. TD Cowen boosted their target price on shares of FirstCash from $181.00 to $188.00 and gave the stock a "buy" rating in a report on Friday, October 31st. Zacks Research upgraded shares of FirstCash from a "hold" rating to a "strong-buy" rating in a research report on Friday, October 10th. Canaccord Genuity Group reiterated a "buy" rating and set a $205.00 price target on shares of FirstCash in a report on Monday, December 8th. Finally, Weiss Ratings downgraded FirstCash from a "buy (a-)" rating to a "buy (b)" rating in a report on Monday, December 15th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $167.00.Check Out Our Latest Research Report on FirstCashInsider Transactions at FirstCashIn other FirstCash news, CEO Rick L. Wessel sold 20,000 shares of the stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $156.39, for a total transaction of $3,127,800.00. Following the transaction, the chief executive officer directly owned 866,982 shares in the company, valued at approximately $135,587,314.98. This represents a 2.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Randel G. Owen sold 1,500 shares of the firm's stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $152.20, for a total transaction of $228,300.00. Following the sale, the director directly owned 7,651 shares of the company's stock, valued at approximately $1,164,482.20. This trade represents a 16.39% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 48,500 shares of company stock valued at $7,678,508. 2.93% of the stock is owned by insiders. FirstCash Company Profile (Free Report)FirstCash, Inc NASDAQ: FCFS is a leading integrated operator of pawn stores and provider of short-term consumer loan services in the United States and Mexico. Through its retail pawn outlets, FirstCash offers collateral-based loans secured by personal property, enabling customers to access liquidity without a credit history or traditional bank account. The company also purchases, trades and sells a broad range of secondhand merchandise, including electronics, jewelry and power tools, through its network of conveniently located stores. In addition to its pawn-broking activities, FirstCash provides unsecured consumer loans designed to meet urgent cash needs.Read MoreFive stocks we like better than FirstCashWall Street Stock picker Names #1 Stock of 2026End of America updateThey Laughed at $30. They Won’t Laugh at $70.The McDonald's SecretHow Long Will $1M Last in Retirement?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in FirstCash Right Now?Before you consider FirstCash, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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