Two Sigma Advisers LP Increases Stock Holdings in EZCORP, Inc. (NASDAQ:EZPW)

Two Sigma Advisers LP raised its holdings in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 25.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,009,770 shares of the credit services provider's stock after acquiring an additional 201,700 shares during the period. Two Sigma Advisers LP owned approximately 1.84% of EZCORP worth $11,320,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Point72 Asset Management L.P. lifted its stake in shares of EZCORP by 4.1% in the 2nd quarter. Point72 Asset Management L.P. now owns 32,699 shares of the credit services provider's stock valued at $342,000 after purchasing an additional 1,299 shares during the period. ARS Investment Partners LLC lifted its stake in shares of EZCORP by 12.7% in the 2nd quarter. ARS Investment Partners LLC now owns 16,874 shares of the credit services provider's stock valued at $177,000 after purchasing an additional 1,899 shares during the period. Aigen Investment Management LP lifted its stake in shares of EZCORP by 16.5% in the 3rd quarter. Aigen Investment Management LP now owns 17,712 shares of the credit services provider's stock valued at $199,000 after purchasing an additional 2,508 shares during the period. State Street Corp lifted its stake in shares of 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 purchasing an additional 2,809 shares during the period. Finally, ClariVest Asset Management LLC lifted its stake in shares of EZCORP by 2.9% in the 2nd quarter. ClariVest Asset Management LLC now owns 102,868 shares of the credit services provider's stock valued at $1,077,000 after purchasing an additional 2,876 shares during the period. 99.83% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EZPW has been the subject of a number of research analyst reports. Stephens initiated coverage on shares of EZCORP in a research report on Wednesday, November 13th. They set an "equal weight" rating and a $13.00 price objective for the company. Canaccord Genuity Group restated a "buy" rating and set a $19.00 price objective on shares of EZCORP in a research report on Friday, October 4th.

Insider Activity at EZCORP

In other EZCORP news, CRO Nicole Swies sold 10,000 shares of the stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $12.47, for a total transaction of $124,700.00. Following the completion of the transaction, the executive now owns 101,813 shares of the company's stock, valued at $1,269,608.11. This trade represents a 8.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Sunil Sajnani sold 34,493 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $12.42, for a total transaction of $428,403.06. Following the transaction, the insider now directly owns 66,242 shares of the company's stock, valued at approximately $822,725.64. This trade represents a 34.24 % decrease in their position. The disclosure for this sale can be found here. 2.13% of the stock is currently owned by insiders.

EZCORP Price Performance

Shares of EZCORP stock traded up $0.06 during trading hours on Tuesday, reaching $12.17. 859,865 shares of the company's stock were exchanged, compared to its average volume of 515,327. EZCORP, Inc. has a 1 year low of $8.20 and a 1 year high of $12.85. The company has a market capitalization of $662.90 million, a P/E ratio of 10.94 and a beta of 1.05. The business has a fifty day moving average of $11.83 and a two-hundred day moving average of $11.13. The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.28.

EZCORP Company 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.