Philadelphia Financial Management of San Francisco LLC lifted its stake in shares of EZCORP Inc (NASDAQ:EZPW) by 69.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,151,389 shares of the credit services provider’s stock after purchasing an additional 473,802 shares during the period. EZCORP accounts for about 2.1% of Philadelphia Financial Management of San Francisco LLC’s portfolio, making the stock its 26th largest position. Philadelphia Financial Management of San Francisco LLC’s holdings in EZCORP were worth $14,047,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of EZPW. Cardinal Capital Management LLC CT boosted its position in shares of EZCORP by 4,356.2% in the 4th quarter. Cardinal Capital Management LLC CT now owns 2,096,092 shares of the credit services provider’s stock worth $25,572,000 after buying an additional 2,049,054 shares in the last quarter. Stephens Investment Management Group LLC purchased a new stake in shares of EZCORP in the 4th quarter worth about $12,922,000. Lafitte Capital Management LP boosted its position in shares of EZCORP by 11.2% in the 4th quarter. Lafitte Capital Management LP now owns 5,088,338 shares of the credit services provider’s stock worth $62,078,000 after buying an additional 510,838 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of EZCORP by 25.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,045,860 shares of the credit services provider’s stock worth $20,970,000 after buying an additional 411,457 shares in the last quarter. Finally, Mangrove Partners purchased a new stake in shares of EZCORP in the 3rd quarter worth about $3,236,000. 92.48% of the stock is currently owned by institutional investors and hedge funds.
Several research firms recently commented on EZPW. Zacks Investment Research lowered shares of EZCORP from a “buy” rating to a “hold” rating in a research report on Tuesday, January 23rd. BidaskClub upgraded shares of EZCORP from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 8th. ValuEngine upgraded shares of EZCORP from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, Jefferies Group reiterated a “buy” rating and issued a $13.00 price objective on shares of EZCORP in a research report on Friday, November 17th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $13.50.
EZCORP (NASDAQ:EZPW) last released its earnings results on Wednesday, January 31st. The credit services provider reported $0.28 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.09. The company had revenue of $204.50 million for the quarter, compared to analyst estimates of $204.39 million. EZCORP had a net margin of 4.93% and a return on equity of 6.40%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.15 EPS. equities analysts predict that EZCORP Inc will post 0.79 earnings per share for the current year.
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EZCORP Company Profile
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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