FirstCash Inc (FCFS) Shares Sold by Nationwide Fund Advisors

Nationwide Fund Advisors trimmed its position in shares of FirstCash Inc (NASDAQ:FCFS) by 38.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,152 shares of the credit services provider’s stock after selling 33,852 shares during the quarter. Nationwide Fund Advisors owned 0.11% of FirstCash worth $3,157,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in FCFS. UBS Asset Management Americas Inc. boosted its holdings in FirstCash by 37.0% during the 1st quarter. UBS Asset Management Americas Inc. now owns 28,902 shares of the credit services provider’s stock valued at $1,421,000 after acquiring an additional 7,810 shares during the period. Karp Capital Management Corp purchased a new position in FirstCash during the 1st quarter valued at about $569,000. Ameritas Investment Partners Inc. purchased a new position in FirstCash during the 1st quarter valued at about $202,000. Mason Street Advisors LLC boosted its holdings in FirstCash by 6.5% during the 1st quarter. Mason Street Advisors LLC now owns 11,292 shares of the credit services provider’s stock valued at $555,000 after acquiring an additional 692 shares during the period. Finally, Stifel Financial Corp purchased a new position in FirstCash during the 1st quarter valued at about $232,000.

FCFS has been the subject of a number of research analyst reports. Stephens raised their target price on FirstCash from $51.00 to $62.00 and gave the company an “equal weight” rating in a report on Wednesday, June 21st. BidaskClub upgraded FirstCash from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 27th. Zacks Investment Research upgraded FirstCash from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a report on Tuesday, July 11th. Janney Montgomery Scott cut FirstCash from a “buy” rating to a “neutral” rating and lowered their target price for the company from $58.55 to $58.00 in a report on Monday, July 17th. Finally, CL King cut FirstCash from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 27th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $64.00.

FirstCash Inc (FCFS) opened at 61.50 on Wednesday. The stock has a market cap of $2.93 billion, a PE ratio of 33.30 and a beta of 0.90. The stock has a 50 day moving average price of $60.28 and a 200 day moving average price of $56.08. FirstCash Inc has a 52 week low of $39.80 and a 52 week high of $63.60.

FirstCash (NASDAQ:FCFS) last issued its earnings results on Thursday, July 27th. The credit services provider reported $0.52 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.05. FirstCash had a return on equity of 4.10% and a net margin of 3.66%. The company had revenue of $416.60 million during the quarter, compared to the consensus estimate of $410.65 million. During the same quarter in the prior year, the business earned $0.51 earnings per share. The company’s revenue was up 128.9% compared to the same quarter last year. On average, equities analysts predict that FirstCash Inc will post $2.65 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “FirstCash Inc (FCFS) Shares Sold by Nationwide Fund Advisors” was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this report on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The legal version of this report can be accessed at https://ledgergazette.com/2017/10/11/firstcash-inc-fcfs-shares-sold-by-nationwide-fund-advisors.html.

FirstCash Company Profile

FirstCash, Inc, formerly First Cash Financial Services, Inc, is an operator of retail-based pawn stores in the United States and Latin America. The Company&

A number of other institutional investors have also recently made changes to their positions in FCFS. UBS Asset Management Americas Inc. boosted its holdings in FirstCash by 37.0% during the 1st quarter. UBS Asset Management Americas Inc. now owns 28,902 shares of the credit services provider’s stock valued at $1,421,000 after acquiring an additional 7,810 shares during the period. Karp Capital Management Corp purchased a new position in FirstCash during the 1st quarter valued at about $569,000. Ameritas Investment Partners Inc. purchased a new position in FirstCash during the 1st quarter valued at about $202,000. Mason Street Advisors LLC boosted its holdings in FirstCash by 6.5% during the 1st quarter. Mason Street Advisors LLC now owns 11,292 shares of the credit services provider’s stock valued at $555,000 after acquiring an additional 692 shares during the period. Finally, Stifel Financial Corp purchased a new position in FirstCash during the 1st quarter valued at about $232,000.

FCFS has been the subject of a number of research analyst reports. Stephens raised their target price on FirstCash from $51.00 to $62.00 and gave the company an “equal weight” rating in a report on Wednesday, June 21st. BidaskClub upgraded FirstCash from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 27th. Zacks Investment Research upgraded FirstCash from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a report on Tuesday, July 11th. Janney Montgomery Scott cut FirstCash from a “buy” rating to a “neutral” rating and lowered their target price for the company from $58.55 to $58.00 in a report on Monday, July 17th. Finally, CL King cut FirstCash from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 27th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $64.00.

FirstCash Inc (FCFS) opened at 61.50 on Wednesday. The stock has a market cap of $2.93 billion, a PE ratio of 33.30 and a beta of 0.90. The stock has a 50 day moving average price of $60.28 and a 200 day moving average price of $56.08. FirstCash Inc has a 52 week low of $39.80 and a 52 week high of $63.60.

FirstCash (NASDAQ:FCFS) last issued its earnings results on Thursday, July 27th. The credit services provider reported $0.52 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.05. FirstCash had a return on equity of 4.10% and a net margin of 3.66%. The company had revenue of $416.60 million during the quarter, compared to the consensus estimate of $410.65 million. During the same quarter in the prior year, the business earned $0.51 earnings per share. The company’s revenue was up 128.9% compared to the same quarter last year. On average, equities analysts predict that FirstCash Inc will post $2.65 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “FirstCash Inc (FCFS) Shares Sold by Nationwide Fund Advisors” was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this report on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The legal version of this report can be accessed at https://ledgergazette.com/2017/10/11/firstcash-inc-fcfs-shares-sold-by-nationwide-fund-advisors.html.

FirstCash Company Profile

FirstCash, Inc, formerly First Cash Financial Services, Inc, is an operator of retail-based pawn stores in the United States and Latin America. The Company’s primary business is the operation of full-service pawn stores, which make small pawn loans secured by personal property, such as consumer electronics, jewelry, power tools, household appliances, sporting goods and musical instruments.

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Institutional Ownership by Quarter for FirstCash (NASDAQ:FCFS)

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