EZCORP, Inc. (NASDAQ:EZPW) Holdings Reduced by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lowered its position in EZCORP, Inc. (NASDAQ:EZPW) by 17.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,961 shares of the credit services provider’s stock after selling 1,486 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in EZCORP were worth $61,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in EZPW. DekaBank Deutsche Girozentrale bought a new position in EZCORP in the 3rd quarter worth approximately $90,000. AXQ Capital LP acquired a new position in EZCORP during the 3rd quarter worth $112,000. Corton Capital Inc. bought a new position in shares of EZCORP in the third quarter worth $123,000. Illinois Municipal Retirement Fund bought a new position in shares of EZCORP in the third quarter worth $251,000. Finally, Aigen Investment Management LP increased its holdings in shares of EZCORP by 203.2% during the third quarter. Aigen Investment Management LP now owns 33,022 shares of the credit services provider’s stock valued at $272,000 after purchasing an additional 22,131 shares during the period. Institutional investors own 99.83% of the company’s stock.

EZCORP Stock Down 1.6 %

EZPW opened at $11.18 on Tuesday. The stock’s fifty day moving average is $10.82 and its 200-day moving average is $9.46. EZCORP, Inc. has a one year low of $7.70 and a one year high of $11.52. The company has a market capitalization of $616.62 million, a PE ratio of 17.75 and a beta of 1.15. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.08 and a current ratio of 4.00.

EZCORP (NASDAQ:EZPW) last issued its quarterly earnings results on Wednesday, January 31st. The credit services provider reported $0.36 EPS for the quarter, topping the consensus estimate of $0.29 by $0.07. EZCORP had a net margin of 4.62% and a return on equity of 10.37%. The firm had revenue of $299.99 million for the quarter, compared to analysts’ expectations of $303.66 million. On average, equities analysts predict that EZCORP, Inc. will post 1.05 EPS for the current fiscal year.

Insider Buying and Selling

In other EZCORP news, CRO Nicole Swies sold 2,250 shares of EZCORP stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $11.38, for a total value of $25,605.00. Following the transaction, the executive now owns 71,458 shares in the company, valued at $813,192.04. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 2.13% of the company’s stock.

Analyst Ratings Changes

EZPW has been the subject of several research analyst reports. Canaccord Genuity Group upped their price objective on shares of EZCORP from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th. TheStreet raised shares of EZCORP from a “c+” rating to a “b-” rating in a research note on Thursday, February 15th. Finally, StockNews.com lowered shares of EZCORP from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 29th.

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.