Arizona State Retirement System lessened its stake in EZCORP Inc (NASDAQ:EZPW) by 7.8% in the 2nd quarter, Holdings Channel reports. The firm owned 74,907 shares of the credit services provider’s stock after selling 6,330 shares during the period. Arizona State Retirement System’s holdings in EZCORP were worth $903,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Lafitte Capital Management LP increased its holdings in shares of EZCORP by 0.3% in the first quarter. Lafitte Capital Management LP now owns 5,104,400 shares of the credit services provider’s stock valued at $67,378,000 after purchasing an additional 16,062 shares during the last quarter. Rovida Advisors Inc. increased its holdings in shares of EZCORP by 45.6% in the first quarter. Rovida Advisors Inc. now owns 3,745,190 shares of the credit services provider’s stock valued at $49,249,000 after purchasing an additional 1,172,190 shares during the last quarter. Cardinal Capital Management LLC CT increased its holdings in shares of EZCORP by 29.6% in the first quarter. Cardinal Capital Management LLC CT now owns 2,716,357 shares of the credit services provider’s stock valued at $35,856,000 after purchasing an additional 620,265 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of EZCORP by 0.7% in the second quarter. Bank of New York Mellon Corp now owns 647,942 shares of the credit services provider’s stock valued at $7,808,000 after purchasing an additional 4,495 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in shares of EZCORP by 6.1% in the first quarter. Millennium Management LLC now owns 535,015 shares of the credit services provider’s stock valued at $7,062,000 after purchasing an additional 30,912 shares during the last quarter. 97.22% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts recently commented on EZPW shares. ValuEngine raised EZCORP from a “hold” rating to a “buy” rating in a report on Thursday, August 9th. Sidoti raised EZCORP from a “neutral” rating to a “buy” rating in a report on Thursday, June 28th. Zacks Investment Research cut EZCORP from a “buy” rating to a “hold” rating in a report on Wednesday, June 6th. Finally, BidaskClub cut EZCORP from a “buy” rating to a “hold” rating in a report on Thursday, May 24th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $16.50.

Shares of EZCORP stock opened at $10.90 on Friday. The company has a market capitalization of $590.93 million, a P/E ratio of 17.53 and a beta of 1.42. EZCORP Inc has a fifty-two week low of $9.00 and a fifty-two week high of $15.10. The company has a quick ratio of 2.16, a current ratio of 2.72 and a debt-to-equity ratio of 0.30.

EZCORP (NASDAQ:EZPW) last issued its quarterly earnings data on Wednesday, August 1st. The credit services provider reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). The business had revenue of $199.94 million during the quarter, compared to analysts’ expectations of $198.24 million. EZCORP had a return on equity of 6.90% and a net margin of 6.41%. The company’s revenue was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.12 earnings per share. equities research analysts predict that EZCORP Inc will post 0.75 EPS for the current year.

EZCORP Profile

EZCORP, Inc provides pawn loans. The company operates through three segments: U.S. Pawn, Mexico Pawn, and Other International. It offers pawn loans, which are non-recourse loans collateralized by tangible personal property, such as jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, including collateral forfeited from pawn lending operations and used merchandise purchased from customers.

Recommended Story: NASDAQ Stock Market Explained

Want to see what other hedge funds are holding EZPW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EZCORP Inc (NASDAQ:EZPW).

Institutional Ownership by Quarter for EZCORP (NASDAQ:EZPW)

Receive News & Ratings for EZCORP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EZCORP and related companies with MarketBeat.com's FREE daily email newsletter.