Brandywine Global Investment Management LLC Sells 127,900 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Brandywine Global Investment Management LLC trimmed its stake in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 50.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 125,803 shares of the credit services provider's stock after selling 127,900 shares during the quarter. Brandywine Global Investment Management LLC owned about 0.23% of EZCORP worth $1,537,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of EZPW. GAMMA Investing LLC raised its stake in EZCORP by 97.0% in the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider's stock valued at $39,000 after purchasing an additional 1,554 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of EZCORP in the 4th quarter valued at approximately $122,000. LPL Financial LLC lifted its holdings in shares of EZCORP by 39.3% during the 4th quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider's stock worth $176,000 after acquiring an additional 4,070 shares during the period. R Squared Ltd bought a new stake in shares of EZCORP during the 4th quarter worth approximately $186,000. Finally, Fox Run Management L.L.C. bought a new position in EZCORP in the fourth quarter valued at approximately $188,000. 99.83% of the stock is owned by institutional investors and hedge funds.

EZCORP Price Performance

Shares of NASDAQ EZPW traded up $0.27 during mid-day trading on Monday, hitting $15.50. 1,980,476 shares of the stock traded hands, compared to its average volume of 583,518. The company has a market cap of $851.55 million, a PE ratio of 13.48 and a beta of 0.81. EZCORP, Inc. has a twelve month low of $9.66 and a twelve month high of $16.35. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.91 and a quick ratio of 2.13. The firm has a 50 day simple moving average of $13.76 and a two-hundred day simple moving average of $12.53.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on EZPW shares. StockNews.com cut EZCORP from a "buy" rating to a "hold" rating in a research note on Saturday, March 29th. Roth Capital set a $16.00 price objective on EZCORP in a research report on Monday, March 17th. Roth Mkm assumed coverage on EZCORP in a research report on Monday, March 17th. They issued a "buy" rating and a $16.00 target price on the stock. Canaccord Genuity Group boosted their target price on EZCORP from $19.00 to $22.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, Stephens restated an "equal weight" rating and issued a $13.50 price target on shares of EZCORP in a research note on Thursday, February 6th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $16.88.

EZCORP Profile

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.