EZCORP, Inc. (EZPW) Holdings Boosted by State Street Corp

State Street Corp raised its stake in EZCORP, Inc. (NASDAQ:EZPW) by 5.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,175,451 shares of the credit services provider’s stock after purchasing an additional 60,684 shares during the period. State Street Corp owned 2.16% of EZCORP worth $9,049,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in EZPW. Vanguard Group Inc. increased its stake in EZCORP by 6.3% in the first quarter. Vanguard Group Inc. now owns 3,556,315 shares of the credit services provider’s stock valued at $28,984,000 after purchasing an additional 211,793 shares during the last quarter. Geode Capital Management LLC increased its stake in EZCORP by 6.2% in the first quarter. Geode Capital Management LLC now owns 415,603 shares of the credit services provider’s stock valued at $3,386,000 after purchasing an additional 24,226 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in EZCORP by 6.7% in the first quarter. Dimensional Fund Advisors LP now owns 3,783,607 shares of the credit services provider’s stock valued at $30,836,000 after purchasing an additional 237,958 shares during the last quarter. KCG Holdings Inc. purchased a new position in EZCORP in the first quarter valued at approximately $173,000. Finally, Schwab Charles Investment Management Inc. increased its stake in EZCORP by 11.9% in the first quarter. Schwab Charles Investment Management Inc. now owns 624,112 shares of the credit services provider’s stock valued at $5,087,000 after purchasing an additional 66,360 shares during the last quarter. Institutional investors own 92.82% of the company’s stock.

EZCORP, Inc. (NASDAQ:EZPW) opened at $11.90 on Wednesday. The company has a current ratio of 8.01, a quick ratio of 5.88 and a debt-to-equity ratio of 0.43. The stock has a market cap of $641.89, a P/E ratio of 19.34 and a beta of 1.92. EZCORP, Inc. has a 1 year low of $7.55 and a 1 year high of $12.00.

EZCORP (NASDAQ:EZPW) last announced its earnings results on Wednesday, November 15th. The credit services provider reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.10. The business had revenue of $182.07 million for the quarter, compared to analyst estimates of $188.84 million. EZCORP had a net margin of 4.26% and a return on equity of 5.40%. The company’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period last year, the firm posted ($0.31) earnings per share. research analysts predict that EZCORP, Inc. will post 0.79 EPS for the current year.

Several brokerages have commented on EZPW. Jefferies Group reiterated a “buy” rating and issued a $13.00 price target on shares of EZCORP in a research note on Friday, November 17th. ValuEngine upgraded shares of EZCORP from a “hold” rating to a “buy” rating in a research note on Thursday, November 16th. Zacks Investment Research upgraded shares of EZCORP from a “sell” rating to a “hold” rating and set a $13.00 price target on the stock in a research note on Thursday, November 16th. Finally, Sidoti began coverage on shares of EZCORP in a research note on Thursday, August 10th. They issued a “neutral” rating on the stock. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $11.33.

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About EZCORP

EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through three segments: U.S. Pawn, which includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.

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Institutional Ownership by Quarter for EZCORP (NASDAQ:EZPW)

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