58,401 Shares in EZCORP, Inc. (NASDAQ:EZPW) Acquired by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. acquired a new stake in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 58,401 shares of the credit services provider's stock, valued at approximately $714,000. Balyasny Asset Management L.P. owned approximately 0.11% of EZCORP as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EZPW. Barclays PLC grew its position in EZCORP by 11.3% during the third quarter. Barclays PLC now owns 92,166 shares of the credit services provider's stock valued at $1,033,000 after purchasing an additional 9,328 shares in the last quarter. Inspire Investing LLC purchased a new position in EZCORP during the fourth quarter valued at approximately $865,000. Exchange Traded Concepts LLC grew its position in EZCORP by 4.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 151,628 shares of the credit services provider's stock worth $1,853,000 after acquiring an additional 6,205 shares in the last quarter. R Squared Ltd bought a new stake in EZCORP in the fourth quarter worth approximately $186,000. Finally, Empowered Funds LLC grew its position in EZCORP by 5.1% in the fourth quarter. Empowered Funds LLC now owns 341,423 shares of the credit services provider's stock worth $4,172,000 after acquiring an additional 16,616 shares in the last quarter. 99.83% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on EZPW. Roth Capital set a $16.00 target price on shares of EZCORP in a research report on Monday, March 17th. Canaccord Genuity Group cut their target price on shares of EZCORP from $25.00 to $24.00 and set a "buy" rating for the company in a research note on Tuesday, May 6th. BTIG Research assumed coverage on shares of EZCORP in a research note on Wednesday. They issued a "neutral" rating for the company. Roth Mkm assumed coverage on shares of EZCORP in a report on Monday, March 17th. They issued a "buy" rating and a $16.00 target price on the stock. Finally, Stephens reaffirmed an "equal weight" rating and issued a $13.50 target price on shares of EZCORP in a report on Thursday, February 6th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $17.38.

EZCORP Price Performance

NASDAQ:EZPW traded up $0.27 during mid-day trading on Friday, reaching $13.96. 1,174,877 shares of the company were exchanged, compared to its average volume of 723,599. The stock has a market cap of $768.00 million, a PE ratio of 12.14 and a beta of 0.59. The company has a quick ratio of 2.13, a current ratio of 2.91 and a debt-to-equity ratio of 0.27. EZCORP, Inc. has a 12 month low of $9.66 and a 12 month high of $16.60. The company has a fifty day moving average of $15.06 and a 200 day moving average of $13.39.

EZCORP (NASDAQ:EZPW - Get Free Report) last issued its earnings results on Monday, April 28th. The credit services provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. The company had revenue of $306.32 million for the quarter, compared to analyst estimates of $310.35 million. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. On average, research analysts anticipate that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.

EZCORP Profile

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.