Prescott Group Capital Management L.L.C. Increases Holdings in EZCORP, Inc. (NASDAQ:EZPW)

Prescott Group Capital Management L.L.C. grew its position in EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 32.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 271,393 shares of the credit services provider's stock after acquiring an additional 66,528 shares during the quarter. Prescott Group Capital Management L.L.C. owned 0.49% of EZCORP worth $3,316,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of EZPW. GAMMA Investing LLC boosted its holdings in shares of EZCORP by 97.0% in the 4th quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider's stock worth $39,000 after purchasing an additional 1,554 shares during the period. Stephens Inc. AR bought a new position in EZCORP during the 3rd quarter worth about $138,000. Los Angeles Capital Management LLC bought a new stake in shares of EZCORP in the 3rd quarter valued at about $150,000. R Squared Ltd purchased a new position in EZCORP during the fourth quarter valued at approximately $186,000. Finally, Oppenheimer Asset Management Inc. purchased a new stake in EZCORP during the third quarter worth $181,000. 99.83% of the stock is owned by hedge funds and other institutional investors.

EZCORP Stock Performance

Shares of EZPW stock traded up $0.16 during trading hours on Monday, hitting $13.50. The company's stock had a trading volume of 114,943 shares, compared to its average volume of 479,580. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. The company has a 50 day moving average of $12.82 and a 200 day moving average of $12.10. EZCORP, Inc. has a 12-month low of $9.66 and a 12-month high of $14.50. The stock has a market cap of $741.68 million, a PE ratio of 11.72 and a beta of 0.89.

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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 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%. On average, sell-side analysts forecast that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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.