Point72 Asset Management L.P. Has $800,000 Holdings in EZCORP, Inc. (NASDAQ:EZPW)

Point72 Asset Management L.P. increased its stake in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 51.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,470 shares of the credit services provider's stock after buying an additional 22,215 shares during the quarter. Point72 Asset Management L.P. owned 0.12% of EZCORP worth $800,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new stake in EZCORP during the 4th quarter worth approximately $122,000. LPL Financial LLC grew its stake in shares of EZCORP by 39.3% during the fourth quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider's stock valued at $176,000 after purchasing an additional 4,070 shares during the last quarter. R Squared Ltd acquired a new stake in shares of EZCORP in the fourth quarter valued at approximately $186,000. Fox Run Management L.L.C. bought a new position in EZCORP in the 4th quarter worth approximately $188,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in EZCORP during the 4th quarter worth $197,000. 99.83% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EZPW has been the subject of several analyst reports. Canaccord Genuity Group lowered their price target on shares of EZCORP from $25.00 to $24.00 and set a "buy" rating for the company in a research report on Tuesday, May 6th. Wall Street Zen lowered EZCORP from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. BTIG Research began coverage on shares of EZCORP in a research report on Wednesday, May 14th. They issued a "neutral" rating on the stock. 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 target price for the company. Finally, Roth Capital set a $16.00 target price on EZCORP in a research note on Monday, March 17th. Two 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's stock. According to MarketBeat, EZCORP presently has an average rating of "Moderate Buy" and an average price target of $18.25.

EZCORP Stock Down 1.8%

NASDAQ EZPW traded down $0.24 on Wednesday, reaching $13.14. The company had a trading volume of 158,869 shares, compared to its average volume of 727,790. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.91. The firm has a market capitalization of $722.61 million, a price-to-earnings ratio of 11.43 and a beta of 0.59. The company's fifty day moving average is $15.03 and its 200-day moving average is $13.48. EZCORP, Inc. has a 1-year low of $9.66 and a 1-year high of $16.60.

EZCORP (NASDAQ:EZPW - Get Free Report) last released its quarterly earnings data 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 net margin of 7.25% and a return on equity of 11.04%. The firm had revenue of $306.32 million for the quarter, compared to the consensus estimate of $310.35 million. On average, research analysts forecast that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal 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.