Triasima Portfolio Management inc. Grows Position in EZCORP, Inc. $EZPW

Triasima Portfolio Management inc. lifted its holdings in EZCORP, Inc. (NASDAQ:EZPW) by 80.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 171,985 shares of the credit services provider’s stock after purchasing an additional 76,790 shares during the period. Triasima Portfolio Management inc.’s holdings in EZCORP were worth $3,275,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Wasatch Advisors LP lifted its stake in EZCORP by 5.4% in the 2nd quarter. Wasatch Advisors LP now owns 2,321,138 shares of the credit services provider’s stock worth $32,217,000 after purchasing an additional 118,641 shares in the last quarter. Fourth Sail Capital LP lifted its position in EZCORP by 30.7% during the second quarter. Fourth Sail Capital LP now owns 1,251,362 shares of the credit services provider’s stock worth $17,369,000 after buying an additional 294,100 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in EZCORP by 70.2% during the second quarter. Qube Research & Technologies Ltd now owns 1,063,677 shares of the credit services provider’s stock worth $14,764,000 after buying an additional 438,542 shares during the last quarter. Cerity Partners LLC boosted its stake in EZCORP by 20.5% during the second quarter. Cerity Partners LLC now owns 680,067 shares of the credit services provider’s stock worth $9,439,000 after buying an additional 115,512 shares during the last quarter. Finally, Hennessy Advisors Inc. purchased a new stake in EZCORP in the 2nd quarter valued at $7,104,000. Hedge funds and other institutional investors own 99.83% of the company’s stock.

EZCORP Trading Up 1.0%

NASDAQ:EZPW opened at $21.65 on Tuesday. EZCORP, Inc. has a 12-month low of $11.60 and a 12-month high of $22.11. The firm has a market cap of $1.32 billion, a PE ratio of 15.30 and a beta of 0.55. The company has a current ratio of 5.61, a quick ratio of 4.37 and a debt-to-equity ratio of 0.51. The stock has a fifty day moving average price of $19.81 and a 200 day moving average price of $17.69.

EZCORP (NASDAQ:EZPW) last announced its quarterly earnings data on Thursday, November 13th. The credit services provider reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.05. The company had revenue of $335.90 million for the quarter, compared to the consensus estimate of $325.09 million. EZCORP had a net margin of 8.60% and a return on equity of 12.00%. Sell-side analysts anticipate that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on EZPW. Citigroup reissued an “outperform” rating on shares of EZCORP in a research report on Tuesday. Wall Street Zen downgraded shares of EZCORP from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 10th. Citizens Jmp increased their price objective on EZCORP from $23.00 to $26.00 and gave the stock a “market outperform” rating in a research report on Tuesday. JMP Securities set a $23.00 price target on EZCORP in a research note on Monday, November 3rd. Finally, Canaccord Genuity Group increased their price target on EZCORP from $27.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, November 17th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.67.

About EZCORP

EZCORP, Inc is a specialty consumer finance company that provides pawn loans and retail merchandise programs primarily through its EZPAWN and Cash Converters brands. The company offers collateral-based loans secured principally by jewelry, electronics, musical instruments and other personal items, alongside check-cashing, money-transfer and bill-payment services. In addition to its pawn lending operations, EZCORP acquires previously pawned or consumer merchandise for resale through its “Sell-It-Now” platform and retail storefronts.

Founded in 1989 and headquartered in San Antonio, Texas, EZCORP operates in two principal geographic markets: the United States and Mexico.