Caxton Associates LP Invests $472,000 in EZCORP, Inc. (NASDAQ:EZPW)

Caxton Associates LP purchased a new position in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 38,611 shares of the credit services provider's stock, valued at approximately $472,000. Caxton Associates LP owned approximately 0.07% of EZCORP at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Royce & Associates LP lifted its stake in shares of EZCORP by 77.6% in the 4th quarter. Royce & Associates LP now owns 658,515 shares of the credit services provider's stock valued at $8,047,000 after purchasing an additional 287,818 shares during the period. Bastion Asset Management Inc. acquired a new position in EZCORP during the 4th quarter worth approximately $3,054,000. BNP Paribas Financial Markets raised its stake in EZCORP by 55.3% during the 4th quarter. BNP Paribas Financial Markets now owns 740,807 shares of the credit services provider's stock worth $9,053,000 after buying an additional 263,911 shares during the period. Norges Bank acquired a new position in EZCORP during the 4th quarter worth approximately $3,067,000. Finally, JPMorgan Chase & Co. raised its stake in EZCORP by 38.6% during the 4th quarter. JPMorgan Chase & Co. now owns 590,016 shares of the credit services provider's stock worth $7,210,000 after buying an additional 164,260 shares during the period. Institutional investors and hedge funds own 99.83% of the company's stock.

EZCORP Price Performance

Shares of NASDAQ EZPW traded down $0.25 during mid-day trading on Monday, hitting $14.60. 652,770 shares of the company's stock traded hands, compared to its average volume of 697,377. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.91 and a quick ratio of 2.13. EZCORP, Inc. has a 1 year low of $9.66 and a 1 year high of $16.60. The company has a market capitalization of $802.93 million, a P/E ratio of 12.69 and a beta of 0.59. The company's 50-day moving average is $14.98 and its two-hundred day moving average is $13.32.

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

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Roth Mkm initiated coverage on EZCORP in a report on Monday, March 17th. They set a "buy" rating and a $16.00 price objective for the company. Roth Capital set a $16.00 price objective on EZCORP in a research report on Monday, March 17th. StockNews.com raised EZCORP from a "hold" rating to a "buy" rating in a research note on Wednesday, April 30th. Stephens reissued an "equal weight" rating and issued a $13.50 target price on shares of EZCORP in a research note on Thursday, February 6th. Finally, Canaccord Genuity Group lowered their target price on shares of EZCORP from $25.00 to $24.00 and set a "buy" rating for the company in a report on Tuesday, May 6th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, EZCORP presently has a consensus rating of "Buy" and an average price target of $17.38.

EZCORP Company 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.