Centiva Capital LP Invests $1.23 Million in EZCORP, Inc. $EZPW

Centiva Capital LP bought a new stake in EZCORP, Inc. (NASDAQ:EZPW) during the third quarter, Holdings Channel reports. The institutional investor bought 64,808 shares of the credit services provider’s stock, valued at approximately $1,234,000.

Several other hedge funds also recently modified their holdings of EZPW. Aster Capital Management DIFC Ltd bought a new stake in EZCORP during the third quarter worth $29,000. Covestor Ltd lifted its stake in EZCORP by 239.3% during the 3rd quarter. Covestor Ltd now owns 2,728 shares of the credit services provider’s stock valued at $52,000 after acquiring an additional 1,924 shares in the last quarter. Farther Finance Advisors LLC lifted its stake 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 in the last quarter. CWM LLC boosted its holdings in EZCORP by 126.3% during the 3rd quarter. CWM LLC now owns 3,422 shares of the credit services provider’s stock worth $65,000 after acquiring an additional 1,910 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in EZCORP by 913.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,216 shares of the credit services provider’s stock worth $79,000 after acquiring an additional 3,800 shares during the last quarter. Hedge funds and other institutional investors own 99.83% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on EZPW shares. Wall Street Zen upgraded shares of EZCORP from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Canaccord Genuity Group set a $34.00 price target on shares of EZCORP in a report on Friday, February 6th. Zacks Research upgraded shares of EZCORP from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Citigroup reissued an “outperform” rating on shares of EZCORP in a research report on Tuesday, January 20th. Finally, Roth Mkm restated a “buy” rating and issued a $26.00 target price on shares of EZCORP in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $28.00.

EZCORP Trading Down 0.4%

NASDAQ EZPW opened at $25.87 on Friday. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of 16.58 and a beta of 0.49. EZCORP, Inc. has a one year low of $12.85 and a one year high of $27.30. The company has a debt-to-equity ratio of 0.48, a current ratio of 6.03 and a quick ratio of 4.69. The business’s fifty day moving average is $23.61 and its 200-day moving average is $20.28.

EZCORP (NASDAQ:EZPW) last posted its quarterly earnings results on Wednesday, February 4th. The credit services provider reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.15. EZCORP had a net margin of 9.18% and a return on equity of 12.37%. The company had revenue of $374.50 million during the quarter, compared to analyst estimates of $363.63 million. Equities research analysts predict that EZCORP, Inc. will post 1.3 EPS for the current year.

Insider Activity at EZCORP

In other news, Director Pablo Lagos Espinosa sold 20,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $25.00, for a total transaction of $500,000.00. Following the completion of the transaction, the director directly owned 208,177 shares of the company’s stock, valued at $5,204,425. This represents a 8.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gary Tillett sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $25.50, for a total transaction of $255,000.00. Following the sale, the director owned 133,483 shares of the company’s stock, valued at approximately $3,403,816.50. The trade was a 6.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 84,138 shares of company stock valued at $2,102,416 in the last three months. Insiders own 2.13% of the company’s stock.

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.