SG Americas Securities LLC bought a new position in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 61,261 shares of the credit services provider's stock, valued at approximately $902,000. SG Americas Securities LLC owned approximately 0.11% of EZCORP at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in EZCORP in the 4th quarter valued at $1,860,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of EZCORP in the fourth quarter valued at approximately $210,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in EZCORP by 6.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 92,641 shares of the credit services provider's stock worth $1,132,000 after purchasing an additional 5,524 shares during the period. LPL Financial LLC grew its position in shares of EZCORP by 39.3% during the 4th quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider's stock worth $176,000 after buying an additional 4,070 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of EZCORP by 2,261.0% during the first quarter. GAMMA Investing LLC now owns 74,513 shares of the credit services provider's stock worth $1,097,000 after buying an additional 71,357 shares during the last quarter. Institutional investors own 99.83% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on EZPW shares. Canaccord Genuity Group dropped their price target on EZCORP from $25.00 to $24.00 and set a "buy" rating on the stock in a research report on Tuesday, May 6th. Roth Capital set a $16.00 price target on shares of EZCORP in a research note on Monday, March 17th. Stephens reiterated an "equal weight" rating and issued a $17.00 price target on shares of EZCORP in a report on Tuesday, May 20th. BTIG Research initiated coverage on shares of EZCORP in a research report on Wednesday, May 14th. They set a "neutral" rating for the company. Finally, Roth Mkm assumed coverage on shares of EZCORP in a report on Monday, March 17th. They issued a "buy" rating and a $16.00 price objective on the stock. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $18.25.
Check Out Our Latest Stock Report on EZCORP
Insider Activity at EZCORP
In other news, COO John Blair Jr. Powell sold 3,500 shares of the firm's stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $13.81, for a total transaction of $48,335.00. Following the completion of the sale, the chief operating officer now directly owns 145,983 shares of the company's stock, valued at $2,016,025.23. This trade represents a 2.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have sold 86,000 shares of company stock valued at $1,220,010 over the last ninety days. Corporate insiders own 2.13% of the company's stock.
EZCORP Price Performance
EZPW stock traded down $0.01 during trading on Friday, reaching $13.25. 1,670,513 shares of the company were exchanged, compared to its average volume of 759,979. The company has a market capitalization of $728.88 million, a price-to-earnings ratio of 11.13 and a beta of 0.53. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.04 and a quick ratio of 3.25. The company has a 50-day moving average of $14.38 and a two-hundred day moving average of $13.61. EZCORP, Inc. has a twelve month low of $9.66 and a twelve month high of $16.60.
EZCORP (NASDAQ:EZPW - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The credit services provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.02. EZCORP had a net margin of 7.45% and a return on equity of 11.53%. The business had revenue of $306.32 million during the quarter, compared to analyst estimates of $310.35 million. As a group, equities analysts predict that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.
EZCORP Company Profile
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Free Report)
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.
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