Royce & Associates LP Raises Stock Position in EZCORP, Inc. (NASDAQ:EZPW)

Royce & Associates LP raised its holdings in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 19.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 370,697 shares of the credit services provider's stock after purchasing an additional 59,795 shares during the period. Royce & Associates LP owned 0.68% of EZCORP worth $4,156,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Assenagon Asset Management S.A. increased its stake in EZCORP by 44.4% during 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 raised its holdings in EZCORP by 59.5% in the 1st quarter. Boston Partners now owns 843,105 shares of the credit services provider's stock worth $9,553,000 after acquiring an additional 314,435 shares during the last quarter. GSA Capital Partners LLP lifted its position in EZCORP by 161.0% in the 3rd quarter. GSA Capital Partners LLP now owns 132,972 shares of the credit services provider's stock valued at $1,491,000 after acquiring an additional 82,025 shares in the last quarter. Fourth Sail Capital LP boosted its stake in EZCORP by 21.5% during the 2nd quarter. Fourth Sail Capital LP now owns 718,947 shares of the credit services provider's stock valued at $7,527,000 after purchasing an additional 127,070 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of EZCORP in the 2nd quarter worth $1,624,000. 99.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Stephens started coverage on EZCORP in a research report on Wednesday, November 13th. They issued an "equal weight" rating and a $13.00 target price for the company. Canaccord Genuity Group reissued a "buy" rating and set a $19.00 price objective on shares of EZCORP in a report on Friday, October 4th.

EZCORP Stock Performance

NASDAQ EZPW traded down $0.02 on Tuesday, hitting $12.04. 643,028 shares of the company traded hands, compared to its average volume of 514,479. The business's 50 day moving average price is $11.38 and its 200-day moving average price is $10.90. EZCORP, Inc. has a 52-week low of $7.72 and a 52-week high of $12.23. The company has a current ratio of 2.71, a quick ratio of 1.99 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $659.07 million, a price-to-earnings ratio of 10.85 and a beta of 1.03.

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.