Dimensional Fund Advisors LP Sells 90,394 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Dimensional Fund Advisors LP lowered its stake in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 2.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 3,977,617 shares of the credit services provider's stock after selling 90,394 shares during the period. Dimensional Fund Advisors LP owned approximately 7.30% of EZCORP worth $48,607,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in EZPW. Geode Capital Management LLC grew its position in shares of EZCORP by 1.8% in the third quarter. Geode Capital Management LLC now owns 595,870 shares of the credit services provider's stock valued at $6,683,000 after purchasing an additional 10,390 shares in the last quarter. Barclays PLC grew its stake in shares of EZCORP by 11.3% in the third quarter. Barclays PLC now owns 92,166 shares of the credit services provider's stock worth $1,033,000 after purchasing an additional 9,328 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of EZCORP by 97.0% during the 4th quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider's stock valued at $39,000 after buying an additional 1,554 shares in the last quarter. Inspire Investing LLC bought a new stake in shares of EZCORP in the 4th quarter worth approximately $865,000. Finally, Exchange Traded Concepts LLC increased its position in shares of EZCORP by 4.3% during the fourth quarter. Exchange Traded Concepts LLC now owns 151,628 shares of the credit services provider's stock valued at $1,853,000 after acquiring an additional 6,205 shares in the last quarter. 99.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on EZPW shares. Roth Mkm assumed coverage on shares of EZCORP in a research report on Monday, March 17th. They issued a "buy" rating and a $16.00 price target on the stock. StockNews.com upgraded shares of EZCORP from a "hold" rating to a "buy" rating in a report on Wednesday, April 30th. 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 research note on Tuesday. Roth Capital set a $16.00 price target on shares of EZCORP in a report on Monday, March 17th. Finally, Stephens reiterated an "equal weight" rating and issued a $13.50 price target on shares of EZCORP in a research note on Thursday, February 6th. One 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 company's stock. According to MarketBeat.com, EZCORP currently has an average rating of "Buy" and a consensus price target of $17.38.

EZCORP Stock Performance

EZPW traded down $0.06 on Thursday, hitting $14.60. 173,303 shares of the company traded hands, compared to its average volume of 692,596. The company has a 50 day moving average of $14.92 and a 200-day moving average of $13.25. EZCORP, Inc. has a 12-month low of $9.66 and a 12-month high of $16.60. The company has a quick ratio of 2.13, a current ratio of 2.91 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $803.20 million, a PE ratio of 12.70 and a beta of 0.59.

EZCORP (NASDAQ:EZPW - Get Free Report) last announced its earnings results on Monday, April 28th. The credit services provider reported $0.34 earnings per share (EPS) 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 during the quarter, compared to analysts' expectations of $310.35 million. Sell-side analysts anticipate that EZCORP, Inc. will post 1.3 earnings per share for the current 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.