As First Cash Financial Services (FCFS) Stock Value Rose, Holder Genesis Asset Managers Llp Trimmed Holding; As Salesforce Com (CRM) Stock Value Declined, Third Point Has Trimmed Its Stake

FirstCash, Inc. (NASDAQ:FCFS) Logo

Third Point Llc decreased its stake in Salesforce Com Inc (CRM) by 20% based on its latest 2018Q3 regulatory filing with the SEC. Third Point Llc sold 125,000 shares as the company’s stock declined 9.28% with the market. The hedge fund held 500,000 shares of the prepackaged software company at the end of 2018Q3, valued at $79.52M, down from 625,000 at the end of the previous reported quarter. Third Point Llc who had been investing in Salesforce Com Inc for a number of months, seems to be less bullish one the $111.90 billion market cap company. The stock decreased 0.86% or $1.27 during the last trading session, reaching $146.28. About 3.14 million shares traded. salesforce.com, inc. (NYSE:CRM) has risen 31.90% since January 14, 2018 and is uptrending. It has outperformed by 31.90% the S&P500. Some Historical CRM News: 21/03/2018 – Salesforce agreed to by MuleSoft on Tuesday for $6.5 billion; 29/05/2018 – SALESFORCE.COM – RAISING FISCAL YEAR 2019 REVENUE GUIDANCE AND NON-GAAP EARNINGS PER SHARE GUIDANCE, AND UPDATING ITS GAAP EARNINGS PER SHARE GUIDANCE; 30/05/2018 – Tech Today: Apple’s Gloomy Outlook, Salesforce Rising, Mixed on HP — Barron’s Blog; 13/03/2018 – Salesforce Essentials is Here–Now Millions of Small Businesses Can Grow and Innovate Faster on the World’s #1 CRM Platform; 30/05/2018 – Salesforce CEO Marc Benioff spoke to Jim Cramer on CNBC’s “Mad Money” on Tuesday; 22/05/2018 – Persado‚Äôs Al Platform Powers Increased Customer Engagement for Caesars Entertainment on Salesforce Marketing Cloud; 05/04/2018 – Salesforce.com Selling Bonds to Finance MuleSoft Acquisition; 09/03/2018 – Salesforce CEO Marc Benioff is known for his social activism and is one of most outspoken business leaders promoting work and pay equality; 20/03/2018 – SALESFORCE TO BUY MULESOFT FOR ENTERPRISE VALUE OF ABOUT $6.5B; 29/05/2018 – Salesforce.com Sees 2Q Loss/Shr 9c-Loss 8c

Genesis Asset Managers Llp decreased its stake in First Cash Financial Services (FCFS) by 10.26% based on its latest 2018Q3 regulatory filing with the SEC. Genesis Asset Managers Llp sold 88,770 shares as the company’s stock rose 0.63% while stock markets declined. The institutional investor held 776,807 shares of the consumer services company at the end of 2018Q3, valued at $63.70 million, down from 865,577 at the end of the previous reported quarter. Genesis Asset Managers Llp who had been investing in First Cash Financial Services for a number of months, seems to be less bullish one the $3.40 billion market cap company. The stock increased 0.58% or $0.44 during the last trading session, reaching $77.46. About 64,937 shares traded. FirstCash, Inc. (NASDAQ:FCFS) has risen 18.22% since January 14, 2018 and is uptrending. It has outperformed by 18.22% the S&P500. Some Historical FCFS News: 26/04/2018 – FIRSTCASH INC FCFS.N SEES QUARTERLY SHR $0.22; 26/04/2018 – FIRSTCASH INC FCFS.N RAISES FY 2018 SHR VIEW TO $3.35 TO $3.55; 04/05/2018 – FIRSTCASH TO Ba2 FROM Ba3 BY MOODY’S, OUTLOOK POSITIVE; 26/04/2018 – FirstCash Sees Adding 200 Locations in 201; 06/03/2018 FirstCash at Company Marketing Hosted By Janney Today; 20/04/2018 – DJ FirstCash Inc, Inst Holders, 1Q 2018 (FCFS); 07/03/2018 – FirstCash at Company Marketing Hosted By Stephens Inc. Today; 26/04/2018 – FirstCash 1Q Rev $239.1M; 23/05/2018 – S&P REVISES FIRSTCASH, INC. OUTLOOK TO ‘POSITIVE’ FROM ‘STABLE’; RATING ‘BB’; 26/04/2018 – FIRSTCASH INC – NOW ANTICIPATE IN-PLACE RUN RATE SYNERGIES OF AT LEAST $75 MLN AS CO COMPLETES FISCAL 2018 FROM MERGER WITH CASH AMERICA

Since November 6, 2018, it had 0 insider buys, and 2 insider sales for $836,270 activity. The insider GRAVES JAMES H sold $623,770.

Analysts await FirstCash, Inc. (NASDAQ:FCFS) to report earnings on February, 7. They expect $1.09 earnings per share, up 15.96% or $0.15 from last year’s $0.94 per share. FCFS’s profit will be $47.77 million for 17.77 P/E if the $1.09 EPS becomes a reality. After $0.81 actual earnings per share reported by FirstCash, Inc. for the previous quarter, Wall Street now forecasts 34.57% EPS growth.

More recent FirstCash, Inc. (NASDAQ:FCFS) news were published by: Seekingalpha.com which released: “Astronics: A Stock Worth Avoiding – Seeking Alpha” on June 25, 2018. Also Seekingalpha.com published the news titled: “EZCorp. Sells Below Net Asset Value – Seeking Alpha” on January 31, 2018. Nasdaq.com‘s news article titled: “Four Takeaways from the Q2 Earnings Season – Nasdaq” with publication date: July 21, 2017 was also an interesting one.

Among 12 analysts covering First Cash Financial (NASDAQ:FCFS), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. First Cash Financial had 36 analyst reports since July 20, 2015 according to SRatingsIntel. The company was upgraded on Thursday, January 7 by Sterne Agee CRT. The rating was downgraded by JMP Securities on Wednesday, August 26 to “Market Perform”. JMP Securities maintained FirstCash, Inc. (NASDAQ:FCFS) on Friday, April 27 with “Market Outperform” rating. On Monday, May 7 the stock rating was downgraded by Wedbush to “Hold”. The stock of FirstCash, Inc. (NASDAQ:FCFS) has “Buy” rating given on Tuesday, October 10 by Jefferies. Wedbush maintained it with “Outperform” rating and $55 target in Wednesday, November 30 report. The rating was maintained by Wood on Tuesday, October 6 with “Market Perform”. The firm has “Mkt Outperform” rating given on Friday, February 3 by JMP Securities. The firm has “Buy” rating given on Monday, January 8 by Wedbush. Stephens maintained FirstCash, Inc. (NASDAQ:FCFS) on Thursday, February 1 with “Hold” rating.

Investors sentiment is 0 in Q3 2018. Its the same as in 2018Q2. It is without change, as 0 investors sold FCFS shares while 2 reduced holdings. only 0 funds opened positions while 0 raised stakes. 786,607 shares or 10.14% less from 875,394 shares in 2018Q2 were reported. Genesis Asset Managers Llp invested in 2.04% or 776,807 shares. Gemmer Asset Mngmt Ltd holds 0% or 198 shares in its portfolio. Employees Retirement Association Of Colorado invested 0% in FirstCash, Inc. (NASDAQ:FCFS).

More notable recent salesforce.com, inc. (NYSE:CRM) news were published by: Seekingalpha.com which released: “Salesforce’s Position In The Industry – Seeking Alpha” on December 17, 2018, also Forbes.com with their article: “Salesforce.com’s Cloud Software Revenue To Double By 2020 – Forbes” published on January 10, 2019, Fool.com published: “Better Cloud Stock: Veeva Systems vs. Salesforce – The Motley Fool” on December 16, 2018. More interesting news about salesforce.com, inc. (NYSE:CRM) were released by: Fool.com and their article: “Stock Market Power Rankings: Amazon Back on Top – The Motley Fool” published on January 13, 2019 as well as Seekingalpha.com‘s news article titled: “Box Is A Bargain Right Now – Seeking Alpha” with publication date: December 27, 2018.

Among 59 analysts covering Salesforce.com (NYSE:CRM), 54 have Buy rating, 0 Sell and 5 Hold. Therefore 92% are positive. Salesforce.com had 276 analyst reports since August 21, 2015 according to SRatingsIntel. The stock has “Overweight” rating by KeyBanc Capital Markets on Thursday, March 1. The firm has “Overweight” rating by Morgan Stanley given on Tuesday, August 14. The rating was maintained by Cowen & Co on Friday, August 18 with “Buy”. The stock has “Outperform” rating by Robert W. Baird on Wednesday, May 30. The firm has “Buy” rating by BTIG Research given on Tuesday, May 23. The stock of salesforce.com, inc. (NYSE:CRM) earned “Overweight” rating by Barclays Capital on Thursday, March 1. The firm has “Underperform” rating given on Thursday, November 19 by Bernstein. BMO Capital Markets maintained salesforce.com, inc. (NYSE:CRM) rating on Friday, November 3. BMO Capital Markets has “Outperform” rating and $112 target. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, March 1 report. Macquarie Research maintained salesforce.com, inc. (NYSE:CRM) on Thursday, May 19 with “Outperform” rating.

Third Point Llc, which manages about $17.97B and $14.31 billion US Long portfolio, upped its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 45,000 shares to 4.05M shares, valued at $666.45 million in 2018Q3, according to the filing. It also increased its holding in Constellation Brands Inc (NYSE:STZ) by 400,000 shares in the quarter, for a total of 2.40 million shares, and has risen its stake in Microsoft Corp (NASDAQ:MSFT).

Since July 17, 2018, it had 3 buys, and 183 sales for $212.17 million activity. Wojcicki Susan bought $877,295 worth of salesforce.com, inc. (NYSE:CRM) on Wednesday, July 25. Benioff Marc sold 5,000 shares worth $724,916. Another trade for 30,000 shares valued at $4.74 million was sold by ROBERTSON SANFORD. On Tuesday, October 16 BLOCK KEITH sold $313,999 worth of salesforce.com, inc. (NYSE:CRM) or 2,160 shares. Shares for $1.11M were sold by Hawkins Mark J. Harris Parker also sold $904,011 worth of salesforce.com, inc. (NYSE:CRM) on Tuesday, October 2.

salesforce.com, inc. (NYSE:CRM) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.