EZCORP, Inc. (NASDAQ:EZPW) Shares Acquired by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC lifted its position in shares of EZCORP, Inc. (NASDAQ:EZPW) by 43.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 175,420 shares of the credit services provider’s stock after acquiring an additional 52,725 shares during the period. Cubist Systematic Strategies LLC owned about 0.32% of EZCORP worth $2,144,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in EZPW. Royce & Associates LP raised its position in shares of EZCORP by 77.6% during the 4th quarter. Royce & Associates LP now owns 658,515 shares of the credit services provider’s stock valued at $8,047,000 after acquiring an additional 287,818 shares in the last quarter. Bastion Asset Management Inc. bought a new position in EZCORP in the fourth quarter worth about $3,054,000. BNP Paribas Financial Markets lifted its holdings in EZCORP by 55.3% in the fourth quarter. BNP Paribas Financial Markets now owns 740,807 shares of the credit services provider’s stock worth $9,053,000 after acquiring an additional 263,911 shares during the last quarter. Norges Bank bought a new position in EZCORP in the fourth quarter worth about $3,067,000. Finally, JPMorgan Chase & Co. lifted its holdings in EZCORP by 38.6% in the fourth quarter. JPMorgan Chase & Co. now owns 590,016 shares of the credit services provider’s stock worth $7,210,000 after acquiring an additional 164,260 shares during the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Roth Capital set a $16.00 target price on shares of EZCORP in a report on Monday, March 17th. StockNews.com raised shares of EZCORP from a “hold” rating to a “buy” rating in a report on Wednesday, April 30th. Canaccord Genuity Group cut their target price on shares of EZCORP from $25.00 to $24.00 and set a “buy” rating on the stock in a report on Tuesday, May 6th. Roth Mkm began coverage on shares of EZCORP in a report on Monday, March 17th. They set a “buy” rating and a $16.00 price target for the company. Finally, Stephens reissued an “equal weight” rating and set a $13.50 price target 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 given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $17.38.

EZCORP Stock Performance

Shares of EZPW stock opened at $14.84 on Monday. EZCORP, Inc. has a 12-month low of $9.66 and a 12-month high of $16.60. The firm has a market capitalization of $816.41 million, a price-to-earnings ratio of 12.90 and a beta of 0.59. The business has a 50 day simple moving average of $14.98 and a 200 day simple moving average of $13.32. 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 (NASDAQ:EZPW) last issued its quarterly earnings data on Monday, April 28th. The credit services provider reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $310.35 million. On average, equities research analysts anticipate 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.