38,059 Shares in EZCORP, Inc. (NASDAQ:EZPW) Purchased by Mackenzie Financial Corp

Mackenzie Financial Corp bought a new position in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 38,059 shares of the credit services provider's stock, valued at approximately $465,000. Mackenzie Financial Corp owned approximately 0.07% of EZCORP as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of EZPW. Empowered Funds LLC boosted its stake in EZCORP by 5.1% during the fourth quarter. Empowered Funds LLC now owns 341,423 shares of the credit services provider's stock worth $4,172,000 after acquiring an additional 16,616 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in EZCORP by 246.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 32,833 shares of the credit services provider's stock worth $401,000 after acquiring an additional 23,363 shares in the last quarter. Principal Financial Group Inc. boosted its stake in EZCORP by 2.7% during the fourth quarter. Principal Financial Group Inc. now owns 246,887 shares of the credit services provider's stock worth $3,017,000 after acquiring an additional 6,438 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in EZCORP during the fourth quarter worth $210,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of EZCORP by 1.7% in the fourth quarter. Bank of New York Mellon Corp now owns 304,235 shares of the credit services provider's stock valued at $3,718,000 after buying an additional 5,034 shares in the last quarter. 99.83% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

EZPW has been the topic of a number of recent research reports. 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, May 6th. Stephens reaffirmed an "equal weight" rating and issued a $17.00 price objective on shares of EZCORP in a research note on Tuesday, May 20th. Roth Mkm initiated coverage on shares of EZCORP in a research note on Monday, March 17th. They issued a "buy" rating and a $16.00 price objective on the stock. Wall Street Zen lowered shares of EZCORP from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Finally, BTIG Research initiated coverage on shares of EZCORP in a research note on Wednesday, May 14th. They issued a "neutral" rating on the stock. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $18.25.

EZCORP Stock Up 1.7%

Shares of EZPW stock traded up $0.22 on Friday, hitting $13.24. The stock had a trading volume of 623,312 shares, compared to its average volume of 744,987. The business has a 50 day moving average of $14.77 and a 200 day moving average of $13.55. The stock has a market cap of $728.39 million, a price-to-earnings ratio of 11.51 and a beta of 0.59. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.91 and a quick ratio of 2.13. EZCORP, Inc. has a 12-month low of $9.66 and a 12-month high of $16.60.

EZCORP (NASDAQ:EZPW - Get Free Report) last announced its 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. The company had revenue of $306.32 million during the quarter, compared to the consensus estimate of $310.35 million. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. As a group, analysts expect that EZCORP, Inc. will post 1.3 EPS for the current year.

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.