71,170 Shares of EZCORP, Inc. $EZPW Bought by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management acquired 71,170 EZCORP shares worth approximately $2.12 million, while institutional investors and hedge funds collectively own 99.83% of the company.
• Analyst sentiment remains positive: six analysts rate EZCORP a Buy and two rate it a Hold, producing a “Moderate Buy” consensus and an average price target of $39.00.
• EZCORP reported quarterly EPS of $0.47, exceeding the $0.41 consensus estimate, though revenue of $408.4 million fell short of the $425.83 million forecast. The stock opened at $28.70, versus a 52-week range of $16.50 to $37.13.

Robeco Institutional Asset Management B.V. acquired a new stake in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 71,170 shares of the credit services provider's stock, valued at approximately $2,118,000. Robeco Institutional Asset Management B.V. owned about 0.12% of EZCORP as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Harbor Investment Advisory LLC purchased a new stake in shares of EZCORP in the second quarter worth about $31,000. IFP Advisors Inc raised its position in EZCORP by 546.4% during the third quarter. IFP Advisors Inc now owns 1,183 shares of the credit services provider's stock valued at $35,000 after acquiring an additional 1,000 shares in the last quarter. KBC Group NV purchased a new position in EZCORP during the first quarter valued at approximately $44,000. Fortitude Family Office LLC lifted its holdings in EZCORP by 4,125.0% in the third quarter. Fortitude Family Office LLC now owns 1,521 shares of the credit services provider's stock valued at $45,000 after acquiring an additional 1,485 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in EZCORP by 227.8% in the third quarter. Farther Finance Advisors LLC now owns 1,865 shares of the credit services provider's stock valued at $56,000 after acquiring an additional 1,296 shares during the period. Institutional investors and hedge funds own 99.83% of the company's stock.

Insider Activity

In other news, insider Ellen Bryant sold 30,000 shares of the business's stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $34.77, for a total transaction of $1,043,100.00. Following the completion of the sale, the insider owned 117,786 shares of the company's stock, valued at $4,095,419.22. The trade was a 20.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.13% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group raised their price objective on shares of EZCORP from $40.00 to $45.00 and gave the stock a "buy" rating in a research note on Wednesday, July 8th. Canaccord Genuity Group boosted their target price on shares of EZCORP from $44.00 to $45.00 and gave the company a "buy" rating in a research note on Thursday, October 15th. Weiss Ratings downgraded shares of EZCORP from a "buy (b+)" rating to a "buy (b)" rating in a report on Wednesday, September 2nd. Wall Street Zen lowered shares of EZCORP from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 8th. Finally, Zacks Research lowered shares of EZCORP from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 7th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $39.00.

EZCORP Price Performance

EZCORP stock opened at $28.70 on Monday. The company's fifty day moving average price is $31.66 and its 200 day moving average price is $31.65. EZCORP, Inc. has a 1 year low of $16.50 and a 1 year high of $37.13. The stock has a market capitalization of $1.76 billion, a P/E ratio of 14.49 and a beta of 0.71. The company has a debt-to-equity ratio of 0.44, a quick ratio of 3.45 and a current ratio of 4.81.

EZCORP (NASDAQ:EZPW - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The credit services provider reported $0.47 EPS for the quarter, topping the consensus estimate of $0.41 by $0.06. The company had revenue of $408.40 million during the quarter, compared to analyst estimates of $425.83 million. EZCORP had a net margin of 9.97% and a return on equity of 13.99%. As a group, equities research analysts anticipate that EZCORP, Inc. will post 2.00 earnings per share for the current fiscal year.

About EZCORP

EZCORP, Inc is a financial services and retail company that provides pawn loans and sells pre-owned merchandise. Through its pawn stores, the company offers short-term, collateral-based loans secured by personal property such as jewelry, electronics, tools and other consumer goods.

In addition to lending, EZCORP purchases and resells previously owned merchandise, giving customers access to used jewelry, electronics, tools, sporting goods and other products. Its retail operations also support the company's pawn-lending model by providing a sales channel for collateral that is not redeemed.

EZCORP serves customers through stores operating under brands that include EZPAWN and Value Pawn in the United States, as well as related brands in Latin American markets.

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