Stephens Investment Management Group LLC Cuts Stock Position in EZCORP, Inc. $EZPW

Stephens Investment Management Group LLC trimmed its position in shares of EZCORP, Inc. (NASDAQ:EZPW) by 2.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,634,267 shares of the credit services provider’s stock after selling 37,832 shares during the period. Stephens Investment Management Group LLC owned about 2.68% of EZCORP worth $31,116,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. USA Financial Formulas bought a new position in EZCORP during the second quarter valued at approximately $31,000. Farther Finance Advisors LLC boosted its stake in shares of EZCORP by 15,019.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,175 shares of the credit services provider’s stock valued at $60,000 after purchasing an additional 3,154 shares in the last quarter. CWM LLC grew its holdings in shares of EZCORP by 126.3% during the 3rd quarter. CWM LLC now owns 3,422 shares of the credit services provider’s stock valued at $65,000 after purchasing an additional 1,910 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of EZCORP during the 2nd quarter valued at $139,000. Finally, State of Wyoming raised its position in EZCORP by 178.1% in the 2nd quarter. State of Wyoming now owns 11,069 shares of the credit services provider’s stock worth $154,000 after purchasing an additional 7,089 shares during the period. Institutional investors own 99.83% of the company’s stock.

EZCORP Trading Down 0.5%

EZPW opened at $21.43 on Friday. The business has a 50 day simple moving average of $19.74 and a two-hundred day simple moving average of $17.59. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 15.20 and a beta of 0.55. The company has a debt-to-equity ratio of 0.51, a current ratio of 5.61 and a quick ratio of 4.37. EZCORP, Inc. has a one year low of $11.60 and a one year high of $22.11.

EZCORP (NASDAQ:EZPW) last issued its quarterly earnings data on Thursday, November 13th. The credit services provider reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.05. The firm had revenue of $335.90 million for the quarter, compared to analyst estimates of $325.09 million. EZCORP had a return on equity of 12.00% and a net margin of 8.60%. Analysts predict that EZCORP, Inc. will post 1.3 EPS for the current year.

Wall Street Analyst Weigh In

EZPW has been the subject of several analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of EZCORP in a research report on Wednesday, October 8th. Canaccord Genuity Group boosted their target price on EZCORP from $27.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, November 17th. Wall Street Zen cut EZCORP from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 10th. Citizens Jmp assumed coverage on EZCORP in a research note on Monday, November 3rd. They issued a “market outperform” rating and a $23.00 price target on the stock. Finally, Citigroup reiterated a “market outperform” rating on shares of EZCORP in a research report on Friday, November 14th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.17.

EZCORP Company Profile

EZCORP, Inc is a specialty consumer finance company that provides pawn loans and retail merchandise programs primarily through its EZPAWN and Cash Converters brands. The company offers collateral-based loans secured principally by jewelry, electronics, musical instruments and other personal items, alongside check-cashing, money-transfer and bill-payment services. In addition to its pawn lending operations, EZCORP acquires previously pawned or consumer merchandise for resale through its “Sell-It-Now” platform and retail storefronts.

Founded in 1989 and headquartered in San Antonio, Texas, EZCORP operates in two principal geographic markets: the United States and Mexico.