EZCORP, Inc. (NASDAQ:EZPW) Shares Bought by Northern Trust Corp

Northern Trust Corp boosted its position in EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 43.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 292,927 shares of the credit services provider's stock after purchasing 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 filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in EZPW. Inspire Investing LLC purchased a new position in shares of EZCORP during the 4th quarter worth approximately $865,000. Exchange Traded Concepts LLC grew its holdings in EZCORP by 4.3% during the fourth quarter. Exchange Traded Concepts LLC now owns 151,628 shares of the credit services provider's stock worth $1,853,000 after acquiring an additional 6,205 shares during the period. R Squared Ltd purchased a new position in EZCORP in the fourth quarter worth $186,000. Empowered Funds LLC lifted its holdings in EZCORP by 5.1% in the fourth quarter. Empowered Funds LLC now owns 341,423 shares of the credit services provider's stock valued at $4,172,000 after acquiring an additional 16,616 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of EZCORP by 246.7% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 32,833 shares of the credit services provider's stock worth $401,000 after purchasing an additional 23,363 shares in the last quarter. Hedge funds and other institutional investors own 99.83% of the company's stock.

EZCORP Price Performance

Shares of EZCORP stock traded down $0.26 on Wednesday, hitting $13.11. The company's stock had a trading volume of 605,846 shares, compared to its average volume of 730,182. The company has a market capitalization of $721.23 million, a P/E ratio of 11.40 and a beta of 0.59. EZCORP, Inc. has a 52-week low of $9.66 and a 52-week high of $16.60. The firm has a fifty day moving average price of $15.01 and a 200-day moving average price of $13.48. 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 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. The company had revenue of $306.32 million during the quarter, compared to analysts' expectations of $310.35 million. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. On average, equities research analysts expect that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on EZPW shares. Roth Mkm assumed coverage on shares of EZCORP in a research note on Monday, March 17th. They set a "buy" rating and a $16.00 price target on the stock. Stephens restated an "equal weight" rating and set a $17.00 target price on shares of EZCORP in a research report on Tuesday, May 20th. BTIG Research initiated coverage on shares of EZCORP in a report on Wednesday, May 14th. They issued a "neutral" rating for the company. Wall Street Zen downgraded shares of EZCORP from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Finally, Roth Capital set a $16.00 price target on EZCORP in a report on Monday, March 17th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $18.25.

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.