Two Sigma Advisers LP Buys 106,453 Shares of EZCORP Inc (NASDAQ:EZPW)

Two Sigma Advisers LP increased its stake in EZCORP Inc (NASDAQ:EZPW) by 30.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 458,770 shares of the credit services provider’s stock after purchasing an additional 106,453 shares during the period. Two Sigma Advisers LP owned approximately 0.83% of EZCORP worth $3,546,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Two Sigma Investments LP increased its position in shares of EZCORP by 26.4% in the fourth quarter. Two Sigma Investments LP now owns 612,043 shares of the credit services provider’s stock worth $4,731,000 after purchasing an additional 128,011 shares during the period. Vanguard Group Inc grew its position in EZCORP by 2.5% in the third quarter. Vanguard Group Inc now owns 3,988,128 shares of the credit services provider’s stock valued at $42,674,000 after acquiring an additional 95,691 shares during the last quarter. Employees Retirement System of Texas grew its position in EZCORP by 50.0% in the fourth quarter. Employees Retirement System of Texas now owns 87,000 shares of the credit services provider’s stock valued at $673,000 after acquiring an additional 29,000 shares during the last quarter. BlackRock Inc. grew its position in EZCORP by 2.1% in the third quarter. BlackRock Inc. now owns 7,578,001 shares of the credit services provider’s stock valued at $81,084,000 after acquiring an additional 158,910 shares during the last quarter. Finally, Huber Capital Management LLC grew its position in EZCORP by 11.8% in the third quarter. Huber Capital Management LLC now owns 1,321,676 shares of the credit services provider’s stock valued at $14,142,000 after acquiring an additional 139,872 shares during the last quarter. Institutional investors own 98.83% of the company’s stock.

EZCORP stock opened at $11.01 on Friday. The company has a current ratio of 2.94, a quick ratio of 2.26 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $586.05 million, a P/E ratio of 13.94 and a beta of 1.68. EZCORP Inc has a one year low of $7.45 and a one year high of $15.10.

EZCORP (NASDAQ:EZPW) last posted its quarterly earnings data on Wednesday, January 30th. The credit services provider reported $0.31 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.09. EZCORP had a return on equity of 6.47% and a net margin of 2.68%. The company had revenue of $218.10 million for the quarter, compared to analyst estimates of $220.63 million. During the same period in the previous year, the firm earned $0.27 earnings per share. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. Equities analysts predict that EZCORP Inc will post 0.96 earnings per share for the current fiscal year.

A number of research analysts have issued reports on EZPW shares. BidaskClub upgraded EZCORP from a “hold” rating to a “buy” rating in a research report on Tuesday, February 26th. Zacks Investment Research upgraded EZCORP from a “hold” rating to a “buy” rating and set a $10.00 target price on the stock in a research report on Thursday, January 31st. B. Riley started coverage on EZCORP in a research report on Friday, April 12th. They issued a “buy” rating and a $14.00 target price on the stock. TheStreet cut EZCORP from a “b-” rating to a “c+” rating in a research report on Thursday, January 10th. Finally, ValuEngine raised EZCORP from a “sell” rating to a “hold” rating in a research note on Saturday, January 19th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $12.50.

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About EZCORP

EZCORP, Inc provides pawn loans. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other International. The company offers pawn loans, which are non-recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, such as collateral forfeited from pawn lending operations and used merchandise purchased from customers.

Read More: Book Value Per Share – BVPS

Institutional Ownership by Quarter for EZCORP (NASDAQ:EZPW)

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