Strs Ohio purchased a new position in shares of Cash America International Inc. (NYSE:CSH) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 21,500 shares of the company’s stock, valued at approximately $916,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. HBK Investments L P bought a new position in shares of Cash America International during the first quarter worth $298,000. BNP Paribas Arbitrage SA raised its position in shares of Cash America International by 92.0% in the second quarter. BNP Paribas Arbitrage SA now owns 8,075 shares of the company’s stock worth $344,000 after buying an additional 3,869 shares during the last quarter. Chicago Capital Management LLC bought a new position in shares of Cash America International during the second quarter worth $426,000. Bank of Montreal Can bought a new position in shares of Cash America International during the second quarter worth $451,000. Finally, OMERS ADMINISTRATION Corp raised its position in shares of Cash America International by 84.6% in the first quarter. OMERS ADMINISTRATION Corp now owns 14,400 shares of the company’s stock worth $556,000 after buying an additional 6,600 shares during the last quarter.
Cash America International Inc. (NYSE:CSH) remained flat at $42.20 during mid-day trading on Monday. The stock’s 50 day moving average is $43.36 and its 200-day moving average is $39.65. Cash America International Inc. has a 52-week low of $26.00 and a 52-week high of $45.67.
Cash America International (NYSE:CSH) last released its earnings results on Thursday, July 28th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.10. The firm had revenue of $241.20 million for the quarter, compared to analyst estimates of $250.05 million. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.06 EPS. On average, equities research analysts anticipate that Cash America International Inc. will post $1.45 EPS for the current fiscal year.
A number of analysts have recently commented on CSH shares. Zacks Investment Research lowered shares of Cash America International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 2nd. Jefferies Group reissued a “hold” rating on shares of Cash America International in a research report on Sunday, September 4th. Finally, JMP Securities raised shares of Cash America International to a “buy” rating and set a $57.00 price objective on the stock in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $45.00.
About Cash America International
Cash America International, Inc provides specialty financial services to individuals through its storefront lending and franchised check cashing locations. The Company offers secured non-recourse loans, referred to as pawn loans, as its primary line of business. The Company is also engaged in originating, arranging, guaranteeing or purchasing consumer loans in some of its locations.