Stephens Investment Management Group LLC Has $22.25 Million Holdings in EZCORP, Inc. (NASDAQ:EZPW)

Stephens Investment Management Group LLC lessened its holdings in EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 4.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,984,694 shares of the credit services provider's stock after selling 98,092 shares during the period. Stephens Investment Management Group LLC owned approximately 3.63% of EZCORP worth $22,248,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Assenagon Asset Management S.A. boosted its stake in shares of EZCORP by 44.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,460,564 shares of the credit services provider's stock valued at $15,292,000 after purchasing an additional 449,360 shares in the last quarter. Boston Partners increased its holdings in shares of EZCORP by 59.5% during the first quarter. Boston Partners now owns 843,105 shares of the credit services provider's stock worth $9,553,000 after buying an additional 314,435 shares in the last quarter. American Century Companies Inc. raised its stake in shares of EZCORP by 62.0% in the second quarter. American Century Companies Inc. now owns 565,636 shares of the credit services provider's stock valued at $5,922,000 after acquiring an additional 216,480 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of EZCORP by 169.8% in the 1st quarter. BNP Paribas Financial Markets now owns 261,337 shares of the credit services provider's stock worth $2,961,000 after acquiring an additional 164,489 shares in the last quarter. Finally, Acadian Asset Management LLC grew its position in EZCORP by 40.3% during the 1st quarter. Acadian Asset Management LLC now owns 551,267 shares of the credit services provider's stock worth $6,244,000 after acquiring an additional 158,216 shares during the last quarter. Institutional investors own 99.83% of the company's stock.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a "buy" rating and issued a $19.00 price objective on shares of EZCORP in a research note on Friday, October 4th.

EZCORP Price Performance

Shares of NASDAQ EZPW traded up $0.07 during trading on Friday, reaching $11.56. The company had a trading volume of 466,686 shares, compared to its average volume of 514,677. EZCORP, Inc. has a 52 week low of $7.72 and a 52 week high of $12.23. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.99 and a current ratio of 2.59. The business's 50 day moving average price is $11.37 and its 200-day moving average price is $10.84. The stock has a market cap of $632.79 million, a PE ratio of 11.01 and a beta of 1.02.

EZCORP (NASDAQ:EZPW - Get Free Report) last posted its quarterly earnings data on Wednesday, July 31st. The credit services provider reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.01. The firm had revenue of $281.42 million for the quarter, compared to the consensus estimate of $281.69 million. EZCORP had a return on equity of 10.64% and a net margin of 6.87%. Analysts expect that EZCORP, Inc. will post 1.13 earnings per share 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.