223,873 Shares in Ezcorp Inc. (EZPW) Acquired by Chicago Equity Partners LLC
Chicago Equity Partners LLC acquired a new position in Ezcorp Inc. (NASDAQ:EZPW) during the second quarter, Holdings Channel reports. The institutional investor acquired 223,873 shares of the company’s stock, valued at approximately $1,692,000.
A number of other institutional investors have also added to or reduced their stakes in EZPW. BNP Paribas Arbitrage SA increased its position in Ezcorp by 70.6% in the second quarter. BNP Paribas Arbitrage SA now owns 16,631 shares of the company’s stock worth $126,000 after buying an additional 6,885 shares in the last quarter. Sigma Planning Corp increased its position in Ezcorp by 35.5% in the second quarter. Sigma Planning Corp now owns 19,845 shares of the company’s stock worth $150,000 after buying an additional 5,200 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. acquired a new position in Ezcorp during the first quarter worth approximately $152,000. Smith Asset Management Group LP acquired a new position in Ezcorp during the second quarter worth approximately $441,000. Finally, Boothbay Fund Management LLC increased its position in Ezcorp by 229.0% in the first quarter. Boothbay Fund Management LLC now owns 103,002 shares of the company’s stock worth $306,000 after buying an additional 71,693 shares in the last quarter. 79.52% of the stock is owned by hedge funds and other institutional investors.
Shares of Ezcorp Inc. (NASDAQ:EZPW) traded up 0.83% during trading on Tuesday, hitting $10.89. 341,539 shares of the stock traded hands. The company’s market cap is $587.85 million. Ezcorp Inc. has a 52 week low of $2.44 and a 52 week high of $11.33. The firm’s 50-day moving average price is $10.39 and its 200-day moving average price is $7.89.
Ezcorp (NASDAQ:EZPW) last issued its quarterly earnings results on Tuesday, August 9th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.06. Ezcorp had a negative return on equity of 3.34% and a negative net margin of 23.29%. On average, equities research analysts anticipate that Ezcorp Inc. will post ($1.57) earnings per share for the current year.
A number of equities analysts have commented on the stock. Jefferies Group reaffirmed a “hold” rating and issued a $9.00 price objective on shares of Ezcorp in a report on Thursday, August 4th. Zacks Investment Research downgraded shares of Ezcorp from a “buy” rating to a “hold” rating in a report on Tuesday, July 12th. CL King raised shares of Ezcorp from a “neutral” rating to a “buy” rating and set a $11.25 price target for the company in a report on Wednesday, August 17th. Finally, Wells Fargo & Co. raised shares of Ezcorp from a “market perform” rating to an “outperform” rating in a report on Thursday, July 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. Ezcorp currently has an average rating of “Hold” and a consensus price target of $11.08.
EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through four segments: U.S. Pawn, which includes its EZPAWN, value pawn and jewelry, and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico; Grupo Finmart, which includes its Crediamigo and Adex payroll withholding loan operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.
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