Silvercrest Asset Management Group LLC Buys 310,706 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Silvercrest Asset Management Group LLC raised its position in EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 18.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 2,002,197 shares of the credit services provider's stock after acquiring an additional 310,706 shares during the period. Silvercrest Asset Management Group LLC owned approximately 3.68% of EZCORP worth $24,467,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Divisadero Street Capital Management LP raised its stake in shares of EZCORP by 1,699.2% in the fourth quarter. Divisadero Street Capital Management LP now owns 1,246,445 shares of the credit services provider's stock worth $15,232,000 after purchasing an additional 1,177,166 shares during the last quarter. Invenomic Capital Management LP raised its stake in shares of EZCORP by 317.1% in the fourth quarter. Invenomic Capital Management LP now owns 789,768 shares of the credit services provider's stock worth $9,651,000 after purchasing an additional 600,435 shares during the last quarter. Royce & Associates LP raised its stake in shares of EZCORP by 77.6% in the fourth quarter. Royce & Associates LP now owns 658,515 shares of the credit services provider's stock worth $8,047,000 after purchasing an additional 287,818 shares during the last quarter. Bastion Asset Management Inc. purchased a new stake in shares of EZCORP in the fourth quarter worth approximately $3,054,000. Finally, BNP Paribas Financial Markets raised its stake in shares of EZCORP by 55.3% in the fourth quarter. BNP Paribas Financial Markets now owns 740,807 shares of the credit services provider's stock worth $9,053,000 after purchasing an additional 263,911 shares during the last quarter. Institutional investors and hedge funds own 99.83% of the company's stock.

EZCORP Stock Performance

NASDAQ EZPW traded down $0.19 on Tuesday, hitting $13.71. 638,901 shares of the stock traded hands, compared to its average volume of 724,211. The business's fifty day moving average is $15.08 and its two-hundred day moving average is $13.42. EZCORP, Inc. has a 12 month low of $9.66 and a 12 month high of $16.60. The firm has a market capitalization of $754.24 million, a price-to-earnings ratio of 11.92 and a beta of 0.59. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.91.

EZCORP (NASDAQ:EZPW - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The credit services provider reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.02. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. The business had revenue of $306.32 million during the quarter, compared to analyst estimates of $310.35 million. As a group, equities analysts anticipate that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on EZPW shares. Roth Capital set a $16.00 price objective on EZCORP in a research note on Monday, March 17th. Roth Mkm initiated coverage on EZCORP in a report on Monday, March 17th. They issued a "buy" rating and a $16.00 target price for the company. Stephens reaffirmed an "equal weight" rating and issued a $17.00 target price on shares of EZCORP in a report on Tuesday. Canaccord Genuity Group reduced their target price on EZCORP from $25.00 to $24.00 and set a "buy" rating for the company in a report on Tuesday, May 6th. Finally, BTIG Research initiated coverage on EZCORP in a report on Wednesday, May 14th. They issued a "neutral" rating for the company. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price 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.