Northern Trust Corp Has $3.58 Million Stock Position in EZCORP, Inc. (NASDAQ:EZPW)

Northern Trust Corp raised its position in EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 43.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 292,927 shares of the credit services provider's stock after acquiring an additional 89,357 shares during the period. Northern Trust Corp owned about 0.54% of EZCORP worth $3,580,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Inspire Investing LLC acquired a new position in EZCORP in the 4th quarter valued at approximately $865,000. Raymond James Financial Inc. acquired a new position in EZCORP in the 4th quarter valued at approximately $1,860,000. Y Intercept Hong Kong Ltd acquired a new position in EZCORP in the 4th quarter valued at approximately $210,000. 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 valued at $176,000 after acquiring an additional 4,070 shares in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in EZCORP in the 4th quarter valued at approximately $122,000. Institutional investors and hedge funds own 99.83% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on EZPW shares. Roth Capital set a $16.00 price target on EZCORP in a report on Monday, March 17th. Canaccord Genuity Group dropped their target price on EZCORP from $25.00 to $24.00 and set a "buy" rating for the company in a report on Tuesday, May 6th. BTIG Research began coverage on EZCORP in a report on Wednesday, May 14th. They issued a "neutral" rating for the company. Roth Mkm began coverage on EZCORP in a report on Monday, March 17th. They issued a "buy" rating and a $16.00 target price for the company. Finally, Wall Street Zen cut EZCORP from a "strong-buy" rating to a "buy" rating in a report on Thursday. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $18.25.

EZCORP Trading Down 2.2%

Shares of EZPW opened at $13.14 on Friday. EZCORP, Inc. has a 1 year low of $9.66 and a 1 year high of $16.60. 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 stock has a 50 day simple moving average of $15.07 and a 200-day simple moving average of $13.43. The stock has a market cap of $722.88 million, a PE ratio of 11.43 and a beta of 0.59.

EZCORP (NASDAQ:EZPW - Get Free Report) last issued its earnings results on Monday, April 28th. The credit services provider reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $310.35 million. On average, sell-side analysts predict that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.

EZCORP 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.

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