Integrated Quantitative Investments LLC Makes New $705,000 Investment in EZCORP, Inc. (NASDAQ:EZPW)

Integrated Quantitative Investments LLC purchased a new stake in shares of EZCORP, Inc. (NASDAQ:EZPW) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 57,700 shares of the credit services provider’s stock, valued at approximately $705,000. Integrated Quantitative Investments LLC owned about 0.11% of EZCORP at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in EZPW. Charles Schwab Investment Management Inc. boosted its position in EZCORP by 449.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 333,539 shares of the credit services provider’s stock worth $3,739,000 after buying an additional 272,815 shares during the period. FMR LLC increased its stake in shares of EZCORP by 37.8% in the third quarter. FMR LLC now owns 236,747 shares of the credit services provider’s stock valued at $2,654,000 after buying an additional 64,926 shares during the period. Verition Fund Management LLC lifted its stake in shares of EZCORP by 54.9% in the third quarter. Verition Fund Management LLC now owns 68,417 shares of the credit services provider’s stock worth $767,000 after acquiring an additional 24,241 shares during the period. HighTower Advisors LLC increased its position in EZCORP by 107.2% during the 3rd quarter. HighTower Advisors LLC now owns 37,439 shares of the credit services provider’s stock valued at $428,000 after purchasing an additional 19,368 shares during the period. Finally, Point72 Asset Management L.P. raised its holdings in EZCORP by 32.3% during the 3rd quarter. Point72 Asset Management L.P. now owns 43,255 shares of the credit services provider’s stock worth $485,000 after purchasing an additional 10,556 shares during the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.

EZCORP Stock Performance

EZPW opened at $15.23 on Friday. The company has a market cap of $836.72 million, a price-to-earnings ratio of 13.24 and a beta of 0.81. The company’s fifty day moving average price is $13.70 and its two-hundred day moving average price is $12.48. EZCORP, Inc. has a 1-year low of $9.66 and a 1-year high of $16.35. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27.

EZCORP (NASDAQ:EZPW) last announced its quarterly earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.07. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. On average, analysts expect that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on EZPW shares. Canaccord Genuity Group increased their price objective on shares of EZCORP from $19.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Roth Capital set a $16.00 price objective on EZCORP in a research note on Monday, March 17th. StockNews.com cut EZCORP from a “buy” rating to a “hold” rating in a research note on Saturday, March 29th. Stephens reissued an “equal weight” rating and issued a $13.50 price target on shares of EZCORP in a research note on Thursday, February 6th. Finally, Roth Mkm began coverage on shares of EZCORP in a research report on Monday, March 17th. They set a “buy” rating and a $16.00 price objective for the company. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $16.88.

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.