EZCORP, Inc. (NASDAQ:EZPW) Shares Sold by Penn Capital Management Company LLC

Penn Capital Management Company LLC reduced its stake in EZCORP, Inc. (NASDAQ:EZPW) by 17.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 405,886 shares of the credit services provider’s stock after selling 85,373 shares during the period. Penn Capital Management Company LLC owned approximately 0.75% of EZCORP worth $4,960,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. State Street Corp lifted its position in shares of EZCORP by 0.3% in the 3rd quarter. State Street Corp now owns 1,084,777 shares of the credit services provider’s stock worth $12,160,000 after buying an additional 2,809 shares during the last quarter. Barclays PLC raised its holdings in 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 in the last quarter. Geode Capital Management LLC lifted its holdings in shares of EZCORP by 1.8% in the third quarter. Geode Capital Management LLC now owns 595,870 shares of the credit services provider’s stock valued at $6,683,000 after buying an additional 10,390 shares during the period. GAMMA Investing LLC grew its stake 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 last quarter. Finally, Inspire Investing LLC acquired a new position in shares of EZCORP in the fourth quarter worth about $865,000. 99.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Roth Mkm assumed coverage on EZCORP in a research report on Monday, March 17th. They set a “buy” rating and a $16.00 target price for the company. StockNews.com cut EZCORP from a “buy” rating to a “hold” rating in a report on Tuesday, April 8th. Roth Capital set a $16.00 target price on EZCORP in a report on Monday, March 17th. Canaccord Genuity Group upped their price objective on EZCORP from $19.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, Stephens reaffirmed an “equal weight” rating and set a $13.50 target price on shares of EZCORP in a report on Thursday, February 6th. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.88.

EZCORP Stock Performance

EZCORP stock opened at $16.02 on Thursday. The company has a market capitalization of $880.12 million, a P/E ratio of 13.93 and a beta of 0.81. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.91 and a quick ratio of 2.13. EZCORP, Inc. has a 1 year low of $9.66 and a 1 year high of $16.35. The business has a 50 day moving average of $14.52 and a 200-day moving average of $12.95.

EZCORP (NASDAQ:EZPW) last posted its earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share 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%. On average, equities research analysts predict that EZCORP, Inc. will post 1.3 earnings per share for the current 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.