New Age Alpha Advisors LLC Takes $849,000 Position in EZCORP, Inc. (NASDAQ:EZPW)

New Age Alpha Advisors LLC bought a new position in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 69,480 shares of the credit services provider's stock, valued at approximately $849,000. New Age Alpha Advisors LLC owned approximately 0.13% of EZCORP at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its position in shares of EZCORP by 449.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 333,539 shares of the credit services provider's stock valued at $3,739,000 after acquiring an additional 272,815 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of EZCORP during the 3rd quarter worth approximately $273,000. FMR LLC raised its stake in shares of EZCORP by 37.8% during the 3rd quarter. FMR LLC now owns 236,747 shares of the credit services provider's stock worth $2,654,000 after purchasing an additional 64,926 shares in the last quarter. Quantbot Technologies LP grew its stake in shares of EZCORP by 67.3% in the third quarter. Quantbot Technologies LP now owns 48,802 shares of the credit services provider's stock valued at $547,000 after buying an additional 19,632 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in EZCORP by 25.4% during the third quarter. BNP Paribas Financial Markets now owns 476,896 shares of the credit services provider's stock worth $5,346,000 after buying an additional 96,630 shares during the last quarter. Institutional investors and hedge funds own 99.83% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on EZPW. Roth Mkm initiated coverage on shares of EZCORP in a report on Monday, March 17th. They issued a "buy" rating and a $16.00 target price on the stock. StockNews.com lowered EZCORP from a "buy" rating to a "hold" rating in a research note on Saturday, March 29th. Roth Capital set a $16.00 target price on EZCORP in a report on Monday, March 17th. Canaccord Genuity Group raised their price target on EZCORP from $19.00 to $22.00 and gave the company a "buy" rating in a report on Friday, February 7th. Finally, Stephens reiterated an "equal weight" rating and issued a $13.50 price objective on shares of EZCORP in a report on Thursday, February 6th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $16.88.

EZCORP Stock Performance

NASDAQ:EZPW traded down $0.55 during mid-day trading on Friday, hitting $15.23. 2,731,025 shares of the stock were exchanged, compared to its average volume of 577,926. The firm's 50-day simple moving average is $13.70 and its 200 day simple moving average is $12.49. The stock has a market capitalization of $836.72 million, a price-to-earnings ratio of 13.24 and a beta of 0.81. EZCORP, Inc. has a fifty-two week low of $9.66 and a fifty-two week high of $16.35. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.91.

EZCORP (NASDAQ:EZPW - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The credit services provider reported $0.42 EPS for the quarter, topping analysts' consensus estimates 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, equities analysts anticipate that EZCORP, Inc. will post 1.3 EPS for the current fiscal 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.