EZCORP, Inc. (NASDAQ:EZPW) Shares Purchased by Millennium Management LLC

Millennium Management LLC lifted its position in EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 23.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,195,784 shares of the credit services provider's stock after acquiring an additional 231,018 shares during the period. Millennium Management LLC owned 2.20% of EZCORP worth $14,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Lazard Asset Management LLC boosted its stake in shares of EZCORP by 76.0% in the fourth quarter. Lazard Asset Management LLC now owns 142,710 shares of the credit services provider's stock worth $1,742,000 after acquiring an additional 61,613 shares during the last quarter. Invenomic Capital Management LP boosted its stake in shares of EZCORP by 317.1% in the fourth quarter. Invenomic Capital Management LP now owns 789,768 shares of the credit services provider's stock worth $9,651,000 after acquiring an additional 600,435 shares during the last quarter. Divisadero Street Capital Management LP boosted its stake in shares of EZCORP by 1,699.2% in the fourth quarter. Divisadero Street Capital Management LP now owns 1,246,445 shares of the credit services provider's stock worth $15,232,000 after acquiring an additional 1,177,166 shares during the last quarter. Cubist Systematic Strategies LLC boosted its stake in shares of EZCORP by 43.0% in the fourth quarter. Cubist Systematic Strategies LLC now owns 175,420 shares of the credit services provider's stock worth $2,144,000 after acquiring an additional 52,725 shares during the last quarter. Finally, Bridgeway Capital Management LLC boosted its stake in shares of EZCORP by 2.2% in the fourth quarter. Bridgeway Capital Management LLC now owns 757,623 shares of the credit services provider's stock worth $9,258,000 after acquiring an additional 16,616 shares during the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on EZPW shares. Roth Capital set a $16.00 price target on EZCORP in a research note on Monday, March 17th. Stephens reissued an "equal weight" rating and set a $17.00 price objective on shares of EZCORP in a research note on Tuesday. Canaccord Genuity Group lowered their price objective on EZCORP from $25.00 to $24.00 and set a "buy" rating on the stock in a research note on Tuesday, May 6th. Roth Mkm started coverage on EZCORP in a research note on Monday, March 17th. They set a "buy" rating and a $16.00 price objective on the stock. Finally, Wall Street Zen lowered EZCORP from a "strong-buy" rating to a "buy" rating in a research note on Thursday. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, EZCORP presently has an average rating of "Moderate Buy" and a consensus target price of $18.25.

EZCORP Stock Performance

Shares of EZCORP stock opened at $13.14 on Friday. EZCORP, Inc. has a 52 week low of $9.66 and a 52 week high of $16.60. The business's fifty day simple moving average is $15.07 and its 200-day simple moving average is $13.43. The firm has a market cap of $722.88 million, a PE ratio of 11.43 and a beta of 0.59. The company has a quick ratio of 2.13, a current ratio of 2.91 and a debt-to-equity ratio of 0.27.

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

About EZCORP

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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