Boston Partners Sells 46,808 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Boston Partners decreased its position in EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 10.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 402,730 shares of the credit services provider's stock after selling 46,808 shares during the quarter. Boston Partners owned approximately 0.74% of EZCORP worth $4,921,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in EZPW. Inspire Investing LLC bought a new position in EZCORP in the 4th quarter valued at $865,000. Invenomic Capital Management LP purchased a new stake in EZCORP during the third quarter worth about $2,122,000. Intech Investment Management LLC purchased a new stake in EZCORP during the third quarter worth about $662,000. Barclays PLC raised its position in EZCORP by 11.3% in the third quarter. Barclays PLC now owns 92,166 shares of the credit services provider's stock worth $1,033,000 after acquiring an additional 9,328 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in EZCORP in the third quarter valued at about $918,000. Hedge funds and other institutional investors own 99.83% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Roth Mkm began coverage on shares of EZCORP in a research note on Monday, March 17th. They set a "buy" rating and a $16.00 price target for the company. Canaccord Genuity Group increased their price target on EZCORP from $19.00 to $22.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Stephens reissued an "equal weight" rating and issued a $13.50 price objective on shares of EZCORP in a report on Thursday, February 6th. Finally, Roth Capital set a $16.00 price objective on shares of EZCORP in a report on Monday, March 17th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $16.88.

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EZCORP Price Performance

Shares of EZPW traded up $0.62 during midday trading on Monday, hitting $14.87. 739,930 shares of the company traded hands, compared to its average volume of 489,352. The stock has a 50-day moving average of $13.14 and a 200-day moving average of $12.22. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.91 and a quick ratio of 2.13. EZCORP, Inc. has a one year low of $9.66 and a one year high of $14.94. The firm has a market cap of $817.11 million, a P/E ratio of 12.81 and a beta of 0.89.

EZCORP (NASDAQ:EZPW - Get Free Report) last posted its earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.07. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. As a group, sell-side analysts predict that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.

About EZCORP

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.