EZCORP Inc (NASDAQ:EZPW) Shares Bought by Granite Investment Partners LLC

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Granite Investment Partners LLC lifted its holdings in shares of EZCORP Inc (NASDAQ:EZPW) by 112.9% in the first quarter, HoldingsChannel reports. The institutional investor owned 115,694 shares of the credit services provider’s stock after acquiring an additional 61,362 shares during the period. Granite Investment Partners LLC’s holdings in EZCORP were worth $1,078,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Texas Permanent School Fund raised its holdings in shares of EZCORP by 4.2% during the 4th quarter. Texas Permanent School Fund now owns 33,776 shares of the credit services provider’s stock worth $261,000 after buying an additional 1,376 shares in the last quarter. Van Hulzen Asset Management LLC raised its holdings in shares of EZCORP by 6.0% during the 1st quarter. Van Hulzen Asset Management LLC now owns 25,446 shares of the credit services provider’s stock worth $237,000 after buying an additional 1,431 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of EZCORP by 1.8% during the 1st quarter. Arizona State Retirement System now owns 80,950 shares of the credit services provider’s stock worth $754,000 after buying an additional 1,463 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of EZCORP by 1.0% during the 4th quarter. Victory Capital Management Inc. now owns 152,300 shares of the credit services provider’s stock worth $1,177,000 after buying an additional 1,500 shares in the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of EZCORP by 2.1% during the 1st quarter. First Trust Advisors LP now owns 95,656 shares of the credit services provider’s stock worth $892,000 after buying an additional 1,936 shares in the last quarter. 99.31% of the stock is owned by institutional investors.

Shares of EZPW opened at $9.36 on Thursday. EZCORP Inc has a 12-month low of $7.45 and a 12-month high of $13.45. The company has a quick ratio of 2.28, a current ratio of 2.93 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $508.43 million, a price-to-earnings ratio of 11.85 and a beta of 1.78.

EZCORP (NASDAQ:EZPW) last issued its earnings results on Wednesday, May 8th. The credit services provider reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). EZCORP had a return on equity of 6.27% and a net margin of 1.63%. The firm had revenue of $214.70 million during the quarter, compared to analyst estimates of $219.87 million. During the same period in the previous year, the company earned $0.21 EPS. EZCORP’s revenue for the quarter was up 5.9% on a year-over-year basis. As a group, research analysts forecast that EZCORP Inc will post 0.92 earnings per share for the current fiscal year.

A number of equities analysts have recently commented on the company. BidaskClub cut EZCORP from a “hold” rating to a “sell” rating in a report on Saturday, May 18th. Zacks Investment Research cut EZCORP from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 30th. ValuEngine cut EZCORP from a “hold” rating to a “sell” rating in a report on Friday, May 10th. Finally, TheStreet raised EZCORP from a “c+” rating to a “b” rating in a report on Friday, May 10th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. EZCORP has a consensus rating of “Hold” and an average target price of $12.50.

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EZCORP Company Profile

EZCORP, Inc provides pawn loans. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other International. The company offers pawn loans, which are non-recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, such as collateral forfeited from pawn lending operations and used merchandise purchased from customers.

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Institutional Ownership by Quarter for EZCORP (NASDAQ:EZPW)

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