California State Teachers Retirement System reduced its position in Ezcorp Inc. (NASDAQ:EZPW) by 3.1% during the second quarter, Holdings Channel reports. The firm owned 106,175 shares of the company’s stock after selling 3,437 shares during the period. California State Teachers Retirement System owned approximately 0.20% of Ezcorp worth $803,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of EZPW. Los Angeles Capital Management & Equity Research Inc. bought a new position in shares of Ezcorp during the first quarter worth approximately $152,000. Menta Capital LLC raised its position in shares of Ezcorp by 13.1% in the first quarter. Menta Capital LLC now owns 159,081 shares of the company’s stock worth $472,000 after buying an additional 18,400 shares during the period. Renaissance Technologies LLC raised its position in shares of Ezcorp by 142.7% in the first quarter. Renaissance Technologies LLC now owns 271,118 shares of the company’s stock worth $805,000 after buying an additional 159,391 shares during the period. Lafitte Capital Management LP raised its position in shares of Ezcorp by 41.2% in the first quarter. Lafitte Capital Management LP now owns 3,085,173 shares of the company’s stock worth $9,163,000 after buying an additional 900,000 shares during the period. Finally, Nantahala Capital Management LLC bought a new position in shares of Ezcorp during the first quarter worth approximately $1,675,000. 79.56% of the stock is currently owned by institutional investors and hedge funds.
Shares of Ezcorp Inc. (NASDAQ:EZPW) traded up 2.41% during midday trading on Friday, reaching $11.06. 1,083,019 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $10.11 and its 200 day moving average price is $7.24. Ezcorp Inc. has a 1-year low of $2.44 and a 1-year high of $11.12. The stock’s market capitalization is $597.03 million.
Ezcorp (NASDAQ:EZPW) last released its quarterly earnings results on Tuesday, August 9th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.06. Ezcorp had a negative net margin of 23.29% and a negative return on equity of 3.34%. On average, equities analysts predict that Ezcorp Inc. will post ($1.57) earnings per share for the current fiscal year.
A number of equities analysts have recently issued reports on EZPW shares. Wells Fargo & Co. upgraded shares of Ezcorp from a “market perform” rating to an “outperform” rating in a research note on Thursday, July 7th. Zacks Investment Research downgraded shares of Ezcorp from a “buy” rating to a “hold” rating in a research note on Tuesday, July 12th. Jefferies Group reiterated a “hold” rating and set a $9.00 price objective on shares of Ezcorp in a research note on Thursday, August 4th. Finally, CL King upgraded shares of Ezcorp from a “neutral” rating to a “buy” rating and set a $11.25 price objective on the stock in a research note on Wednesday, August 17th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. Ezcorp presently has a consensus rating of “Hold” and a consensus price target of $10.42.
Ezcorp Company Profile
EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through four segments: U.S. Pawn, which includes its EZPAWN, value pawn and 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; Grupo Finmart, which includes its Crediamigo and Adex payroll withholding loan operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.
Want to see what other hedge funds are holding EZPW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ezcorp Inc. (NASDAQ:EZPW).
Receive News & Ratings for Ezcorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ezcorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.