Fourth Sail Capital LP Cuts Stock Position in EZCORP, Inc. (NASDAQ:EZPW)

Fourth Sail Capital LP reduced its stake in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 28.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,583 shares of the credit services provider's stock after selling 63,141 shares during the quarter. EZCORP accounts for 0.6% of Fourth Sail Capital LP's portfolio, making the stock its 18th largest position. Fourth Sail Capital LP owned about 0.29% of EZCORP worth $1,938,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EZPW. Los Angeles Capital Management LLC increased its holdings in EZCORP by 47.5% during the 4th quarter. Los Angeles Capital Management LLC now owns 19,753 shares of the credit services provider's stock valued at $241,000 after purchasing an additional 6,360 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of EZCORP by 1.7% during the fourth quarter. Bank of New York Mellon Corp now owns 304,235 shares of the credit services provider's stock worth $3,718,000 after acquiring an additional 5,034 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in EZCORP during the 4th quarter valued at about $210,000. Principal Financial Group Inc. lifted its holdings in EZCORP by 2.7% in the fourth quarter. Principal Financial Group Inc. now owns 246,887 shares of the credit services provider's stock valued at $3,017,000 after buying an additional 6,438 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of EZCORP by 246.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 32,833 shares of the credit services provider's stock worth $401,000 after purchasing an additional 23,363 shares during the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.

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EZCORP Price Performance

Shares of EZPW traded up $0.05 during trading hours on Thursday, hitting $13.34. 558,960 shares of the company were exchanged, compared to its average volume of 480,077. The firm's fifty day moving average is $12.78 and its 200 day moving average is $12.07. The company has a market cap of $732.89 million, a price-to-earnings ratio of 11.60 and a beta of 0.89. The company has a quick ratio of 2.13, a current ratio of 2.91 and a debt-to-equity ratio of 0.27. EZCORP, Inc. has a fifty-two week low of $9.66 and a fifty-two week high of $14.50.

EZCORP (NASDAQ:EZPW - Get Free Report) last released its quarterly earnings data 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 return on equity of 11.04% and a net margin of 7.25%. On average, equities analysts anticipate that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on EZPW shares. Stephens restated an "equal weight" rating and issued a $13.50 price objective on shares of EZCORP in a research report on Thursday, February 6th. Canaccord Genuity Group raised their price objective on EZCORP from $19.00 to $22.00 and gave the company a "buy" rating in a report on Friday, February 7th.

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.