25,954 Shares in EZCORP, Inc. (NASDAQ:EZPW) Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management purchased a new position in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 25,954 shares of the credit services provider's stock, valued at approximately $382,000.

Several other hedge funds also recently bought and sold shares of the stock. Teza Capital Management LLC increased its position in EZCORP by 6.6% during the fourth quarter. Teza Capital Management LLC now owns 14,425 shares of the credit services provider's stock worth $176,000 after buying an additional 896 shares in the last quarter. GAMMA Investing LLC increased its position in EZCORP by 60.4% during the first quarter. GAMMA Investing LLC now owns 5,062 shares of the credit services provider's stock worth $75,000 after buying an additional 1,906 shares in the last quarter. Aigen Investment Management LP increased its position in EZCORP by 11.8% during the fourth quarter. Aigen Investment Management LP now owns 19,800 shares of the credit services provider's stock worth $242,000 after buying an additional 2,088 shares in the last quarter. LPL Financial LLC increased its position in EZCORP by 39.3% during the fourth quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider's stock worth $176,000 after buying an additional 4,070 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position 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 purchasing an additional 5,034 shares during the period. Hedge funds and other institutional investors own 99.83% of the company's stock.

Insider Buying and Selling at EZCORP

In related news, COO John Blair Jr. Powell sold 42,500 shares of the business's stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $14.55, for a total value of $618,375.00. Following the completion of the transaction, the chief operating officer now owns 189,483 shares in the company, valued at $2,756,977.65. The trade was a 18.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last ninety days, insiders have sold 86,000 shares of company stock valued at $1,220,010. 2.13% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on EZPW shares. Stephens reaffirmed an "equal weight" rating and issued a $17.00 price objective on shares of EZCORP in a research report on Tuesday, May 20th. Wall Street Zen raised EZCORP from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 14th. Roth Capital set a $16.00 price objective on EZCORP in a research report on Monday, March 17th. Canaccord Genuity Group reduced their target price on EZCORP from $25.00 to $24.00 and set a "buy" rating on the stock in a report on Tuesday, May 6th. Finally, BTIG Research initiated coverage on EZCORP in a research note on Wednesday, May 14th. They set a "neutral" rating on the stock. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, EZCORP has an average rating of "Buy" and an average target price of $18.25.

EZCORP Stock Down 0.5%

Shares of NASDAQ:EZPW traded down $0.07 during midday trading on Monday, hitting $13.18. 1,256,905 shares of the stock were exchanged, compared to its average volume of 761,967. 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 $14.33 and its two-hundred day simple moving average is $13.63. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.25 and a current ratio of 4.04. The company has a market capitalization of $725.03 million, a PE ratio of 11.08 and a beta of 0.53.

EZCORP (NASDAQ:EZPW - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The credit services provider reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.02. EZCORP had a return on equity of 11.53% and a net margin of 7.45%. The business had revenue of $306.32 million for the quarter, compared to analyst estimates of $310.35 million. As a group, research analysts predict 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.