Dimensional Fund Advisors LP Sells 90,394 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Dimensional Fund Advisors LP lessened its holdings in shares of EZCORP, Inc. (NASDAQ:EZPW) by 2.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,977,617 shares of the credit services provider’s stock after selling 90,394 shares during the period. Dimensional Fund Advisors LP owned about 7.30% of EZCORP worth $48,607,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC lifted its position in shares of 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 buying an additional 1,554 shares during the last quarter. Aigen Investment Management LP boosted its stake in shares of EZCORP by 11.8% in the 4th quarter. Aigen Investment Management LP now owns 19,800 shares of the credit services provider’s stock valued at $242,000 after purchasing an additional 2,088 shares in the last quarter. LPL Financial LLC grew its holdings in shares of EZCORP by 39.3% during the 4th quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider’s stock valued at $176,000 after purchasing an additional 4,070 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of EZCORP by 1.7% during the 4th quarter. Bank of New York Mellon Corp now owns 304,235 shares of the credit services provider’s stock valued at $3,718,000 after purchasing an additional 5,034 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its position in EZCORP by 4.3% during the 4th quarter. Exchange Traded Concepts LLC now owns 151,628 shares of the credit services provider’s stock worth $1,853,000 after purchasing an additional 6,205 shares in the last quarter. 99.83% of the stock is owned by institutional investors.

Analyst Ratings Changes

EZPW has been the subject of several research analyst reports. Roth Capital set a $16.00 price target on shares of EZCORP in a report on Monday, March 17th. StockNews.com raised EZCORP from a “hold” rating to a “buy” rating in a research note on Wednesday. Roth Mkm started coverage on shares of EZCORP in a research report on Monday, March 17th. They set a “buy” rating and a $16.00 target price on the stock. Canaccord Genuity Group upped their price target on shares of EZCORP from $19.00 to $22.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Finally, Stephens restated an “equal weight” rating and issued a $13.50 price objective on shares of EZCORP in a report on Thursday, February 6th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $16.88.

EZCORP Stock Performance

Shares of EZPW opened at $15.65 on Friday. 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 firm’s fifty day simple moving average is $14.84 and its two-hundred day simple moving average is $13.18. EZCORP, Inc. has a 12 month low of $9.66 and a 12 month high of $16.60. The stock has a market capitalization of $859.80 million, a P/E ratio of 13.61 and a beta of 0.81.

EZCORP (NASDAQ:EZPW) last released its earnings results on Monday, April 28th. The credit services provider reported $0.34 EPS for the quarter, topping the consensus estimate of $0.32 by $0.02. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. The business had revenue of $306.32 million during the quarter, compared to analysts’ expectations of $310.35 million. As a group, analysts predict that EZCORP, Inc. will post 1.3 EPS for the current year.

EZCORP Company 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.