ExodusPoint Capital Management LP Buys 96,741 Shares of EZCORP, Inc. (NASDAQ:EZPW)

ExodusPoint Capital Management LP raised its stake in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 72.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 230,496 shares of the credit services provider's stock after purchasing an additional 96,741 shares during the period. ExodusPoint Capital Management LP owned 0.42% of EZCORP worth $2,817,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. State Street Corp grew its stake in EZCORP by 0.3% in the 3rd quarter. State Street Corp now owns 1,084,777 shares of the credit services provider's stock valued at $12,160,000 after buying an additional 2,809 shares during the last quarter. Two Sigma Advisers LP boosted its holdings in EZCORP by 25.0% during the third quarter. Two Sigma Advisers LP now owns 1,009,770 shares of the credit services provider's stock valued at $11,320,000 after acquiring an additional 201,700 shares during the period. Royce & Associates LP grew its position in shares of EZCORP by 77.6% in the fourth quarter. Royce & Associates LP now owns 658,515 shares of the credit services provider's stock valued at $8,047,000 after purchasing an additional 287,818 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of EZCORP by 1.8% in the third quarter. Geode Capital Management LLC now owns 595,870 shares of the credit services provider's stock worth $6,683,000 after purchasing an additional 10,390 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of EZCORP by 38.6% in the fourth quarter. JPMorgan Chase & Co. now owns 590,016 shares of the credit services provider's stock worth $7,210,000 after purchasing an additional 164,260 shares during the period. Institutional investors own 99.83% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on EZPW shares. StockNews.com lowered EZCORP from a "buy" rating to a "hold" rating in a report on Tuesday. Roth Capital set a $16.00 price objective on shares of EZCORP in a research note on Monday, March 17th. Canaccord Genuity Group boosted their target price on shares of EZCORP from $19.00 to $22.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Roth Mkm assumed coverage on shares of EZCORP in a report on Monday, March 17th. They issued a "buy" rating and a $16.00 price target for the company. Finally, Stephens restated an "equal weight" rating and set a $13.50 price objective on shares of EZCORP in a report 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's stock. Based on data from MarketBeat.com, EZCORP currently has a consensus rating of "Moderate Buy" and an average price target of $16.88.

EZCORP Stock Performance

Shares of NASDAQ EZPW traded up $0.17 during trading hours on Friday, reaching $15.66. The stock had a trading volume of 1,043,798 shares, compared to its average volume of 596,349. The company has a market cap of $860.34 million, a price-to-earnings ratio of 13.62 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 business's fifty day moving average is $14.14 and its two-hundred day moving average is $12.70. 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 (NASDAQ:EZPW - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate 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, research analysts expect that EZCORP, Inc. will post 1.3 EPS for the current 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.