Stephens Investment Management Group LLC Sells 258,121 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Stephens Investment Management Group LLC decreased its holdings in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 13.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,726,573 shares of the credit services provider's stock after selling 258,121 shares during the quarter. Stephens Investment Management Group LLC owned approximately 3.17% of EZCORP worth $21,099,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in EZPW. GAMMA Investing LLC lifted its holdings in shares of EZCORP by 97.0% during the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider's stock worth $39,000 after buying an additional 1,554 shares in the last quarter. Aigen Investment Management LP lifted its holdings in shares of EZCORP by 16.5% during the third quarter. Aigen Investment Management LP now owns 17,712 shares of the credit services provider's stock worth $199,000 after buying an additional 2,508 shares in the last quarter. State Street Corp lifted its holdings in shares of EZCORP by 0.3% during the third quarter. State Street Corp now owns 1,084,777 shares of the credit services provider's stock worth $12,160,000 after buying an additional 2,809 shares in the last quarter. James Investment Research Inc. lifted its holdings in shares of EZCORP by 16.3% during the third quarter. James Investment Research Inc. now owns 38,608 shares of the credit services provider's stock worth $433,000 after buying an additional 5,400 shares in the last quarter. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of EZCORP by 4.3% during the fourth quarter. Exchange Traded Concepts LLC now owns 151,628 shares of the credit services provider's stock worth $1,853,000 after buying an additional 6,205 shares in the last quarter. Institutional investors and hedge funds own 99.83% of the company's stock.

Analyst Ratings Changes

EZPW has been the subject of a number of research reports. Stephens reissued an "equal weight" rating and set a $13.50 target price on shares of EZCORP in a report on Thursday, February 6th. Canaccord Genuity Group boosted their price target on EZCORP from $19.00 to $22.00 and gave the company a "buy" rating in a research note on Friday, February 7th.

EZCORP Price Performance

EZPW stock traded up $0.48 during midday trading on Thursday, reaching $14.38. The company had a trading volume of 683,113 shares, compared to its average volume of 609,631. The company has a market capitalization of $783.28 million, a price-to-earnings ratio of 12.50 and a beta of 1.01. The stock has a 50 day moving average price of $12.28 and a 200-day moving average price of $11.80. EZCORP, Inc. has a 1-year low of $9.65 and a 1-year high of $14.45. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.91 and a quick ratio of 1.99.

EZCORP (NASDAQ:EZPW - Get Free Report) last posted 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%. Equities research analysts expect that EZCORP, Inc. will post 1.26 earnings per share for the current year.

Insider Buying and Selling at EZCORP

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

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.