Triasima Portfolio Management inc. Increases Holdings in EZCORP, Inc. $EZPW

Triasima Portfolio Management inc. increased its stake in shares of EZCORP, Inc. (NASDAQ:EZPW) by 80.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 171,985 shares of the credit services provider’s stock after purchasing an additional 76,790 shares during the quarter. Triasima Portfolio Management inc. owned 0.28% of EZCORP worth $3,275,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of EZPW. USA Financial Formulas purchased a new position in shares of EZCORP during the second quarter valued at approximately $31,000. Farther Finance Advisors LLC boosted its holdings in EZCORP by 15,019.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,175 shares of the credit services provider’s stock valued at $60,000 after acquiring an additional 3,154 shares during the period. CWM LLC increased its stake in EZCORP by 126.3% in the third quarter. CWM LLC now owns 3,422 shares of the credit services provider’s stock worth $65,000 after purchasing an additional 1,910 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in shares of EZCORP during the second quarter worth $139,000. Finally, State of Wyoming lifted its position in shares of EZCORP by 178.1% during the second 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 last quarter. 99.83% of the stock is currently owned by institutional investors.

EZCORP Stock Up 1.0%

EZCORP stock opened at $21.65 on Tuesday. The business’s 50-day simple moving average is $19.81 and its two-hundred day simple moving average is $17.69. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.37 and a current ratio of 5.61. The company has a market cap of $1.32 billion, a PE ratio of 15.30 and a beta of 0.55. EZCORP, Inc. has a fifty-two week low of $11.60 and a fifty-two week high of $22.11.

EZCORP (NASDAQ:EZPW) last released 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 net margin of 8.60% and a return on equity of 12.00%. Equities analysts anticipate that EZCORP, Inc. will post 1.3 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Canaccord Genuity Group increased their price objective on EZCORP from $27.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, November 17th. Citigroup restated an “outperform” rating on shares of EZCORP in a research note on Tuesday. JMP Securities set a $23.00 price objective on shares of EZCORP in a research note on Monday, November 3rd. Wall Street Zen downgraded shares of EZCORP from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 10th. Finally, Roth Capital restated a “buy” rating and issued a $26.00 price target on shares of EZCORP in a report on Tuesday, January 6th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $22.67.

About EZCORP

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.