Caxton Associates LP Purchases New Shares in EZCORP, Inc. (NASDAQ:EZPW)

Caxton Associates LP acquired a new stake in EZCORP, Inc. (NASDAQ:EZPW - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 38,611 shares of the credit services provider's stock, valued at approximately $472,000. Caxton Associates LP owned about 0.07% of EZCORP at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in EZPW. GAMMA Investing LLC grew its stake in shares of EZCORP by 97.0% during the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider's stock worth $39,000 after buying an additional 1,554 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of EZCORP in the fourth quarter worth $122,000. LPL Financial LLC grew its stake in shares of EZCORP by 39.3% in the fourth quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider's stock worth $176,000 after purchasing an additional 4,070 shares during the last quarter. R Squared Ltd acquired a new position in EZCORP in the fourth quarter valued at $186,000. Finally, Fox Run Management L.L.C. acquired a new position in EZCORP in the fourth quarter valued at $188,000. 99.83% of the stock is owned by institutional investors.

EZCORP Stock Performance

Shares of EZCORP stock traded down $0.37 on Tuesday, reaching $14.22. 406,638 shares of the company traded hands, compared to its average volume of 698,967. EZCORP, Inc. has a 52 week low of $9.66 and a 52 week high of $16.60. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.91 and a quick ratio of 2.13. The firm has a market capitalization of $782.30 million, a PE ratio of 12.37 and a beta of 0.59. The company has a 50 day moving average of $15.01 and a 200 day moving average of $13.34.

EZCORP (NASDAQ:EZPW - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The credit services provider reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.02. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. The firm had revenue of $306.32 million during the quarter, compared to analysts' expectations of $310.35 million. Equities analysts forecast that EZCORP, Inc. will post 1.3 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. StockNews.com upgraded shares of EZCORP from a "hold" rating to a "buy" rating in a report on Wednesday, April 30th. Stephens reiterated an "equal weight" rating and set a $13.50 price objective on shares of EZCORP in a report on Thursday, February 6th. Canaccord Genuity Group dropped their price objective on shares of EZCORP from $25.00 to $24.00 and set a "buy" rating on the stock in a report on Tuesday, May 6th. Roth Capital set a $16.00 price objective on shares of EZCORP in a report on Monday, March 17th. Finally, Roth Mkm initiated coverage on shares of EZCORP in a report on Monday, March 17th. They set a "buy" rating and a $16.00 price objective on the stock. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, EZCORP has a consensus rating of "Buy" and a consensus 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.