EZCORP, Inc. $EZPW Stock Holdings Lifted by Ritholtz Wealth Management

Ritholtz Wealth Management raised its position in EZCORP, Inc. (NASDAQ:EZPW) by 154.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,144 shares of the credit services provider’s stock after purchasing an additional 40,190 shares during the quarter. Ritholtz Wealth Management owned approximately 0.12% of EZCORP worth $918,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. USA Financial Formulas purchased a new position in EZCORP in the second quarter valued at about $31,000. GAMMA Investing LLC grew its stake in EZCORP by 60.4% in the first quarter. GAMMA Investing LLC now owns 5,062 shares of the credit services provider’s stock valued at $75,000 after purchasing an additional 1,906 shares in the last quarter. National Bank of Canada FI purchased a new position in EZCORP in the first quarter valued at about $91,000. Quarry LP grew its stake in EZCORP by 652.4% in the first quarter. Quarry LP now owns 7,637 shares of the credit services provider’s stock valued at $112,000 after purchasing an additional 6,622 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in EZCORP in the second quarter valued at about $139,000. Hedge funds and other institutional investors own 99.83% of the company’s stock.

Insider Buying and Selling at EZCORP

In related news, Director Matthew W. Appel sold 9,038 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $18.02, for a total transaction of $162,864.76. Following the completion of the transaction, the director owned 133,371 shares of the company’s stock, valued at approximately $2,403,345.42. The trade was a 6.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.13% of the company’s stock.

EZCORP Stock Performance

EZPW opened at $18.55 on Friday. The company has a market cap of $1.13 billion, a PE ratio of 14.49 and a beta of 0.62. The stock has a 50-day moving average of $17.37 and a 200-day moving average of $15.38. EZCORP, Inc. has a 52-week low of $11.09 and a 52-week high of $19.44. The company has a debt-to-equity ratio of 0.52, a quick ratio of 5.00 and a current ratio of 6.31.

EZCORP (NASDAQ:EZPW) last released its quarterly earnings results on Wednesday, July 30th. The credit services provider reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.10. The company had revenue of $310.98 million during the quarter, compared to the consensus estimate of $302.25 million. EZCORP had a return on equity of 11.85% and a net margin of 7.96%. As a group, equities research analysts forecast that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on EZPW. Canaccord Genuity Group boosted their target price on EZCORP from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of EZCORP in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, EZCORP has a consensus rating of “Moderate Buy” and a consensus target price of $19.00.

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.