61,261 Shares in EZCORP, Inc. (NASDAQ:EZPW) Bought by SG Americas Securities LLC

SG Americas Securities LLC acquired a new position in EZCORP, Inc. (NASDAQ:EZPW) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 61,261 shares of the credit services provider’s stock, valued at approximately $902,000. SG Americas Securities LLC owned approximately 0.11% of EZCORP as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. GAMMA Investing LLC increased 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 acquiring an additional 1,906 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in EZCORP in the fourth quarter valued at $122,000. Sherbrooke Park Advisers LLC bought a new position in EZCORP in the fourth quarter valued at $138,000. LPL Financial LLC increased its stake in EZCORP by 39.3% in the fourth quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider’s stock valued at $176,000 after acquiring an additional 4,070 shares during the last quarter. Finally, Teza Capital Management LLC increased its stake in EZCORP by 6.6% in the fourth quarter. Teza Capital Management LLC now owns 14,425 shares of the credit services provider’s stock valued at $176,000 after acquiring an additional 896 shares during the last quarter. Hedge funds and other institutional investors own 99.83% of the company’s stock.

EZCORP Stock Down 0.3%

EZPW opened at $13.26 on Thursday. The company has a market cap of $729.43 million, a P/E ratio of 11.14 and a beta of 0.53. The business’s 50-day moving average price is $14.47 and its 200-day moving average price is $13.60. The company has a current ratio of 4.04, a quick ratio of 3.25 and a debt-to-equity ratio of 0.61. EZCORP, Inc. has a 12 month low of $9.66 and a 12 month high of $16.60.

EZCORP (NASDAQ:EZPW) last released its quarterly earnings data 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. The firm had revenue of $306.32 million for the quarter, compared to the consensus estimate of $310.35 million. EZCORP had a return on equity of 11.53% and a net margin of 7.45%. On average, equities analysts expect that EZCORP, Inc. will post 1.3 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Roth Mkm assumed coverage on EZCORP in a research note on Monday, March 17th. They issued a “buy” rating and a $16.00 target price on the stock. Roth Capital set a $16.00 target price on EZCORP in a research note on Monday, March 17th. Stephens reissued an “equal weight” rating and issued a $17.00 target price on shares of EZCORP in a research note on Tuesday, May 20th. Canaccord Genuity Group reduced their price objective on EZCORP from $25.00 to $24.00 and set a “buy” rating on the stock in a research note on Tuesday, May 6th. Finally, BTIG Research initiated coverage on EZCORP in a report on Wednesday, May 14th. They issued a “neutral” rating on the stock. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $18.25.

Insider Buying and Selling

In other EZCORP news, COO John Blair Jr. Powell sold 3,500 shares of EZCORP stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $13.81, for a total transaction of $48,335.00. Following the sale, the chief operating officer now directly owns 145,983 shares of the company’s stock, valued at approximately $2,016,025.23. The trade was a 2.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold 86,000 shares of company stock valued at $1,220,010 over the last ninety days. 2.13% of the stock is owned by insiders.

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.