Dynamic Technology Lab Private Ltd acquired a new position in Ezcorp Inc. (NASDAQ:EZPW) during the second quarter, Holdings Channel reports. The institutional investor acquired 25,234 shares of the company’s stock, valued at approximately $190,000.
Other hedge funds also recently bought and sold shares of the company. BNP Paribas Arbitrage SA increased its stake in Ezcorp by 70.6% in the second quarter. BNP Paribas Arbitrage SA now owns 16,631 shares of the company’s stock valued at $126,000 after buying an additional 6,885 shares in the last quarter. Sigma Planning Corp increased its stake in Ezcorp by 35.5% in the second quarter. Sigma Planning Corp now owns 19,845 shares of the company’s stock valued at $150,000 after buying an additional 5,200 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in Ezcorp during the first quarter valued at $152,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new stake in Ezcorp during the second quarter valued at $231,000. Finally, Kellner Capital LLC acquired a new stake in Ezcorp during the second quarter valued at $265,000. 79.56% of the stock is owned by institutional investors.
Ezcorp Inc. (NASDAQ:EZPW) opened at 10.85 on Thursday. The firm has a 50 day moving average of $10.25 and a 200-day moving average of $7.44. Ezcorp Inc. has a 52-week low of $2.44 and a 52-week high of $11.33. The stock’s market cap is $585.69 million.
Ezcorp (NASDAQ:EZPW) last posted its earnings results on Tuesday, August 9th. The company reported $0.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.06. Ezcorp had a negative net margin of 23.29% and a negative return on equity of 3.34%. Equities analysts anticipate that Ezcorp Inc. will post ($1.57) earnings per share for the current fiscal year.
Several research firms have weighed in on EZPW. Zacks Investment Research downgraded shares of Ezcorp from a “buy” rating to a “hold” rating in a research note on Friday, August 26th. CL King raised shares of Ezcorp from a “neutral” rating to a “buy” rating and set a $11.25 price target for the company in a research note on Wednesday, August 17th. Jefferies Group restated a “hold” rating and issued a $9.00 price objective on shares of Ezcorp in a research report on Thursday, August 4th. Finally, Wells Fargo & Co. upgraded shares of Ezcorp from a “market perform” rating to an “outperform” rating in a research report on Thursday, July 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price 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.
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