First Cash, Inc. (NYSE:FCFS).
Genesis Asset Managers, Llp raised its ownership in First Cash, Inc. by 67,200 shares as of the end of the last quarter. Its investment was valued at $120,962,000 an increase of $22,288,000 according to the filing.
Other firms have also shifted positions in (FCFS). Burney Co/ downsized its ownership by shedding 105,304 shares a decrease of 92.5%. Burney Co/ owns 8,575 shares valued at $421,000. The total value of its holdings decreased 92.1%. Norges Bank augmented its holdings by buying 15,000 shares an increase of 5.9% from 09/30/2015 to 03/31/2016. Norges Bank controls 269,590 shares worth $12,417,000. The value of the position overall is up by 21.7%.
As of quarter end Ubs Asset Management Americas Inc had bought a total of 1,300 shares growing its position 9.6%. The value of the investment in FCFS increased from $626,000 to $765,000 a change of 22.2% quarter over quarter.
On October 13 the stock rating was upgraded to “Market Outperform” from “Market Perform” in an announcement from JMP Securities. Wedbush started coverage by announcing an initial rating of “Outperform”.
On October 3 the company was upgraded from “Buy” to “Buy” by Janney Capital. On September 8 JP Morgan kept the company rating at “Neutral” and moved up the price target to $48.00 from $42.00.
On June 3 the company was upgraded from “Buy” to “Buy” by analysts at Sterne Agee CRT. Equity analyst JP Morgan both downgraded the stock and raised the price target on March 18 boosting the price target from $39.00 to $42.00 and setting the rating at “Neutral” which had previously been “Overweight”.
The company is down by -0.43 percent from yesterday’s close. First Cash, Inc. also declared a dividend that was paid on Wednesday the 31st of May 2017. The dividend payment was $0.190 per share for the quarter or $0.76 on an annualized basis. This dividend amount was represent a yeild of $1.31. The ex-dividend date was Thursday the 11th of May 2017.
The stock is trading at $58.25 which is just a bit higher than $54.91, the stock’s 50 day moving average and a tad above the 200 day moving average of $48.52. The 50 day moving average was up $3.46 and the 200 day average was up $9.86.
The P/E ratio is 29.453 and market capitalization is 2.82B. In the latest earnings report the EPS was $1.98 and is estimated to be $2.59 for the current year with 48,302,000 shares outstanding. Analysts expect next quarter’s EPS to be $0.63 and the next full year EPS is projected to be $3.07.