Lido Advisors LLC Has $355,000 Stock Position in EZCORP, Inc. (NASDAQ:EZPW)

Lido Advisors LLC boosted its stake in shares of EZCORP, Inc. (NASDAQ:EZPW) by 56.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,035 shares of the credit services provider’s stock after purchasing an additional 10,452 shares during the quarter. Lido Advisors LLC owned 0.05% of EZCORP worth $355,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Royce & Associates LP raised its position in shares of EZCORP by 77.6% during the fourth quarter. Royce & Associates LP now owns 658,515 shares of the credit services provider’s stock valued at $8,047,000 after buying an additional 287,818 shares during the last quarter. Norges Bank acquired a new stake in shares of EZCORP during the 4th quarter worth approximately $3,067,000. JPMorgan Chase & Co. boosted its stake in EZCORP by 38.6% during the fourth quarter. JPMorgan Chase & Co. now owns 590,016 shares of the credit services provider’s stock worth $7,210,000 after buying an additional 164,260 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of EZCORP in the 4th quarter worth approximately $1,860,000. Finally, Trexquant Investment LP grew its position in EZCORP by 35.1% in the fourth quarter. Trexquant Investment LP now owns 377,529 shares of the credit services provider’s stock valued at $4,613,000 after acquiring an additional 98,090 shares during the period. 99.83% of the stock is owned by institutional investors.

EZCORP Trading Down 1.0 %

EZPW opened at $15.50 on Tuesday. EZCORP, Inc. has a 1-year low of $9.66 and a 1-year high of $16.60. The stock has a market capitalization of $852.72 million, a PE ratio of 13.48 and a beta of 0.59. 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 has a 50-day moving average price of $14.88 and a two-hundred day moving average price of $13.23.

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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on EZPW. Roth Mkm assumed coverage on EZCORP in a 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 price target on shares of EZCORP in a research report on Monday, March 17th. StockNews.com raised shares of EZCORP from a “hold” rating to a “buy” rating in a research note on Wednesday, April 30th. Canaccord Genuity Group lifted their target price on shares of EZCORP from $19.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, Stephens restated an “equal weight” rating and set a $13.50 price target on shares of EZCORP in a research report on Thursday, February 6th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $16.88.

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.