JPMorgan Chase & Co. decreased its stake in shares of EZCORP, Inc. (NASDAQ:EZPW) by 13.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,957,440 shares of the credit services provider’s stock after selling 309,455 shares during the period. JPMorgan Chase & Co.’s holdings in EZCORP were worth $15,953,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the stock. Thrivent Financial for Lutherans raised its stake in shares of EZCORP by 6.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 26,270 shares of the credit services provider’s stock valued at $280,000 after buying an additional 1,700 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of EZCORP by 172.0% in the fourth quarter. AQR Capital Management LLC now owns 39,534 shares of the credit services provider’s stock valued at $421,000 after buying an additional 25,001 shares during the last quarter. Two Sigma Investments LP raised its stake in shares of EZCORP by 224.8% in the fourth quarter. Two Sigma Investments LP now owns 107,154 shares of the credit services provider’s stock valued at $1,141,000 after buying an additional 74,165 shares during the last quarter. A.R.T. Advisors LLC acquired a new stake in shares of EZCORP during the fourth quarter valued at approximately $450,000. Finally, Cardinal Capital Management LLC CT raised its stake in shares of EZCORP by 69.1% in the fourth quarter. Cardinal Capital Management LLC CT now owns 260,600 shares of the credit services provider’s stock valued at $2,775,000 after buying an additional 106,470 shares during the last quarter. Institutional investors own 87.46% of the company’s stock.

Institutional Ownership by Quarter for EZCORP (NASDAQ:EZPW)

EZCORP, Inc. (NASDAQ:EZPW) opened at 9.00 on Tuesday. EZCORP, Inc. has a 1-year low of $6.58 and a 1-year high of $12.00. The firm has a market capitalization of $488.63 million, a P/E ratio of 40.18 and a beta of 1.93. The company’s 50-day moving average price is $8.77 and its 200-day moving average price is $9.25.

EZCORP (NASDAQ:EZPW) last announced its quarterly earnings data on Wednesday, May 3rd. The credit services provider reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. EZCORP had a net margin of 1.73% and a return on equity of 3.29%. The company had revenue of $189.60 million during the quarter, compared to analyst estimates of $190.04 million. EZCORP’s revenue was up .7% on a year-over-year basis. Equities research analysts expect that EZCORP, Inc. will post $0.51 earnings per share for the current fiscal year.

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Several brokerages recently commented on EZPW. Zacks Investment Research lowered EZCORP from a “buy” rating to a “hold” rating in a research report on Friday, May 5th. Jefferies Group LLC restated a “hold” rating and set a $10.50 target price on shares of EZCORP in a research report on Friday. TheStreet upgraded EZCORP from a “d+” rating to a “c-” rating in a research report on Friday, May 19th. Finally, Stephens upgraded EZCORP from an “underweight” rating to an “equal weight” rating in a research report on Friday, April 7th. They noted that the move was a valuation call. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. EZCORP presently has an average rating of “Hold” and an average target price of $9.88.

EZCORP Company Profile

EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through three segments: U.S. Pawn, which includes its EZPAWN, Value Pawn & 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, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.

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