Deutsche Bank AG Reduces Stock Position in EZCORP, Inc. (NASDAQ:EZPW)

Deutsche Bank AG lessened its stake in EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 28.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 591,329 shares of the credit services provider's stock after selling 235,227 shares during the quarter. Deutsche Bank AG owned 1.09% of EZCORP worth $7,226,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. KLP Kapitalforvaltning AS acquired a new position in EZCORP in the 4th quarter worth about $122,000. LPL Financial LLC raised its holdings in EZCORP by 39.3% in the 4th 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 period. R Squared Ltd acquired a new position in EZCORP in the 4th quarter worth about $186,000. Fox Run Management L.L.C. acquired a new position in EZCORP in the 4th quarter worth about $188,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in EZCORP in the 4th quarter worth about $197,000. Institutional investors and hedge funds own 99.83% of the company's stock.

EZCORP Price Performance

NASDAQ:EZPW traded up $0.26 during trading hours on Friday, hitting $13.40. 841,917 shares of the stock were exchanged, compared to its average volume of 728,349. EZCORP, Inc. has a 52-week low of $9.66 and a 52-week high of $16.60. The firm's fifty day moving average price is $15.05 and its 200 day moving average price is $13.45. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. The company has a market cap of $737.19 million, a P/E ratio of 11.65 and a beta of 0.59.

EZCORP (NASDAQ:EZPW - Get Free Report) last posted its quarterly earnings results 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. The business had revenue of $306.32 million during the quarter, compared to analyst estimates of $310.35 million. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. As a group, equities research analysts anticipate that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Roth Mkm assumed coverage on EZCORP in a report on Monday, March 17th. They issued a "buy" rating and a $16.00 price target for the company. Roth Capital set a $16.00 price target on EZCORP in a report on Monday, March 17th. Stephens reaffirmed an "equal weight" rating and issued a $17.00 price target on shares of EZCORP in a report on Tuesday. BTIG Research assumed coverage on EZCORP in a report on Wednesday, May 14th. They issued a "neutral" rating for the company. Finally, Wall Street Zen lowered EZCORP from a "strong-buy" rating to a "buy" rating in a research note on Thursday. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $18.25.

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.