Silvercrest Asset Management Group LLC Boosts Stake in EZCORP, Inc. (NASDAQ:EZPW)

Silvercrest Asset Management Group LLC lifted its holdings in EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 18.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,002,197 shares of the credit services provider's stock after purchasing an additional 310,706 shares during the quarter. Silvercrest Asset Management Group LLC owned about 3.68% of EZCORP worth $24,467,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EZPW. KLP Kapitalforvaltning AS acquired a new stake in EZCORP in the 4th quarter worth approximately $122,000. LPL Financial LLC raised its holdings in shares of EZCORP by 39.3% in 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 during the last quarter. R Squared Ltd acquired a new stake in shares of EZCORP during the fourth quarter worth $186,000. Fox Run Management L.L.C. purchased a new stake in shares of EZCORP during the fourth quarter valued at $188,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in shares of EZCORP in the 4th quarter valued at $197,000. 99.83% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

EZCORP Stock Performance

Shares of EZPW traded down $0.23 during mid-day trading on Thursday, reaching $13.21. The company had a trading volume of 311,856 shares, compared to its average volume of 724,298. The stock has a market capitalization of $726.46 million, a P/E ratio of 11.51 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 stock has a 50 day moving average of $15.08 and a two-hundred day moving average of $13.42. 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 issued 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. The business had revenue of $306.32 million for 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, analysts expect that EZCORP, Inc. will post 1.3 earnings per share for the current year.

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.