EZCORP, Inc. $EZPW Shares Sold by Trexquant Investment LP

Key Points

• Trexquant Investment LP has decreased its holdings in EZCORP, Inc. by 15.5%, now owning 318,951 shares worth approximately $4.7 million.
• Other large investors have increased their stakes in EZCORP, with Boston Partners growing its holdings by 289.7% in the first quarter.
• Analyst ratings for EZCORP show a consensus of "Moderate Buy" with a price target of $18.50, reflecting positive outlooks from several firms.

Trexquant Investment LP decreased its position in EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 15.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 318,951 shares of the credit services provider's stock after selling 58,578 shares during the period. Trexquant Investment LP owned about 0.58% of EZCORP worth $4,695,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in shares of 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 purchasing an additional 1,906 shares in the last quarter. National Bank of Canada FI purchased a new stake in shares of EZCORP during the first quarter worth about $91,000. Sherbrooke Park Advisers LLC purchased a new stake in shares of EZCORP during the fourth quarter worth about $138,000. Entropy Technologies LP purchased a new stake in shares of EZCORP during the first quarter worth about $149,000. Finally, Virtu Financial LLC purchased a new stake in shares of EZCORP during the first quarter worth about $161,000. Hedge funds and other institutional investors own 99.83% of the company's stock.

EZCORP Trading Down 1.0%

NASDAQ:EZPW traded down $0.17 on Friday, hitting $16.73. The stock had a trading volume of 553,413 shares, compared to its average volume of 576,359. The company has a quick ratio of 5.00, a current ratio of 6.31 and a debt-to-equity ratio of 0.52. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 13.07 and a beta of 0.63. The company has a fifty day moving average price of $14.92 and a two-hundred day moving average price of $14.51. EZCORP, Inc. has a 1-year low of $10.56 and a 1-year high of $16.93.

EZCORP (NASDAQ:EZPW - Get Free Report) last posted its earnings results on Wednesday, July 30th. The credit services provider reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.10. The company had revenue of $310.98 million for the quarter, compared to analyst estimates of $302.25 million. EZCORP had a net margin of 7.96% and a return on equity of 11.85%. Equities research analysts expect that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other EZCORP news, COO John Blair Jr. Powell sold 3,500 shares of the business's stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $13.81, for a total value of $48,335.00. Following the transaction, the chief operating officer directly owned 145,983 shares in the company, valued at $2,016,025.23. The trade was a 2.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 2.13% of the stock is owned by insiders.

Wall Street Analyst Weigh In

EZPW has been the topic of a number of recent research reports. Stephens restated an "equal weight" rating and set a $17.00 price target on shares of EZCORP in a research report on Tuesday, May 20th. BTIG Research initiated coverage on shares of EZCORP in a research report on Wednesday, May 14th. They set a "neutral" rating on the stock. Canaccord Genuity Group restated a "buy" rating and set a $25.00 price target on shares of EZCORP in a research report on Friday, August 1st. Finally, Wall Street Zen upgraded shares of EZCORP from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 14th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $18.50.

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.