Wasatch Advisors LP Sells 410,419 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Wasatch Advisors LP lowered its position in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 16.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,083,067 shares of the credit services provider's stock after selling 410,419 shares during the quarter. Wasatch Advisors LP owned 3.82% of EZCORP worth $25,455,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of EZPW. HighTower Advisors LLC grew its holdings in shares of EZCORP by 107.2% in the 3rd quarter. HighTower Advisors LLC now owns 37,439 shares of the credit services provider's stock valued at $428,000 after buying an additional 19,368 shares during the period. State Street Corp increased its holdings in shares of EZCORP by 0.3% in the third quarter. State Street Corp now owns 1,084,777 shares of the credit services provider's stock worth $12,160,000 after acquiring an additional 2,809 shares in the last quarter. Barclays PLC raised its position in shares of EZCORP by 11.3% during the third quarter. Barclays PLC now owns 92,166 shares of the credit services provider's stock worth $1,033,000 after purchasing an additional 9,328 shares during the period. Geode Capital Management LLC lifted its holdings in shares of EZCORP by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 595,870 shares of the credit services provider's stock valued at $6,683,000 after purchasing an additional 10,390 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in EZCORP by 97.0% during 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 in the last quarter. Institutional investors own 99.83% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on EZPW shares. StockNews.com downgraded shares of EZCORP from a "buy" rating to a "hold" rating in a research report on Tuesday, April 8th. Stephens restated an "equal weight" rating and issued a $13.50 price target on shares of EZCORP in a report on Thursday, February 6th. Roth Mkm initiated coverage on EZCORP in a research report on Monday, March 17th. They set a "buy" rating and a $16.00 price objective for the company. Roth Capital set a $16.00 target price on EZCORP in a research report on Monday, March 17th. Finally, Canaccord Genuity Group boosted their target price on EZCORP from $19.00 to $22.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $16.88.

EZCORP Stock Performance

Shares of EZPW stock traded up $0.28 on Tuesday, reaching $16.04. The stock had a trading volume of 294,881 shares, compared to its average volume of 617,471. EZCORP, Inc. has a 12 month low of $9.66 and a 12 month high of $16.35. The company has a quick ratio of 2.13, a current ratio of 2.91 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $880.95 million, a price-to-earnings ratio of 13.94 and a beta of 0.81. The firm's 50-day moving average is $14.45 and its two-hundred day moving average is $12.91.

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

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.