Trexquant Investment LP Buys 98,090 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Trexquant Investment LP raised its holdings in EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 35.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 377,529 shares of the credit services provider's stock after buying an additional 98,090 shares during the quarter. Trexquant Investment LP owned 0.69% of EZCORP worth $4,613,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. GAMMA Investing LLC increased its position in EZCORP by 97.0% during the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider's stock worth $39,000 after acquiring an additional 1,554 shares during the period. KLP Kapitalforvaltning AS acquired a new position in shares of EZCORP during the fourth quarter valued at about $122,000. LPL Financial LLC lifted its stake in shares of EZCORP by 39.3% in the fourth quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider's stock valued at $176,000 after buying an additional 4,070 shares during the period. R Squared Ltd acquired a new stake in EZCORP during the fourth quarter worth about $186,000. Finally, Fox Run Management L.L.C. acquired a new stake in shares of EZCORP during the 4th quarter worth approximately $188,000. 99.83% of the stock is owned by institutional investors.

EZCORP Trading Up 1.4 %

EZCORP stock traded up $0.22 during trading hours on Thursday, reaching $15.35. 564,010 shares of the company's stock traded hands, compared to its average volume of 593,070. The firm has a market capitalization of $843.26 million, a price-to-earnings ratio of 13.38 and a beta of 0.81. 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, Inc. has a fifty-two week low of $9.66 and a fifty-two week high of $16.35. The firm's 50 day moving average is $13.99 and its 200-day moving average is $12.63.

EZCORP (NASDAQ:EZPW - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.07. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. On average, analysts predict that EZCORP, Inc. will post 1.3 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Canaccord Genuity Group upped their price target on EZCORP from $19.00 to $22.00 and gave the company a "buy" rating in a research report on Friday, February 7th. StockNews.com downgraded shares of EZCORP from a "buy" rating to a "hold" rating in a research report on Tuesday. Roth Mkm initiated coverage on shares of EZCORP in a research report on Monday, March 17th. They issued a "buy" rating and a $16.00 price objective for the company. Stephens reiterated an "equal weight" rating and set a $13.50 target price on shares of EZCORP in a research report on Thursday, February 6th. Finally, Roth Capital set a $16.00 price target on shares of EZCORP in a report on Monday, March 17th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $16.88.

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.