Teacher Retirement System of Texas Acquires 54,595 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Teacher Retirement System of Texas raised its holdings in shares of EZCORP, Inc. (NASDAQ:EZPW) by 25.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 273,211 shares of the credit services provider’s stock after purchasing an additional 54,595 shares during the quarter. Teacher Retirement System of Texas owned 0.50% of EZCORP worth $3,339,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. GAMMA Investing LLC increased its stake in EZCORP by 97.0% in the 4th quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock worth $39,000 after buying an additional 1,554 shares during the period. R Squared Ltd purchased a new position in shares of EZCORP during the fourth quarter worth approximately $186,000. Y Intercept Hong Kong Ltd bought a new stake in shares of EZCORP during the fourth quarter valued at approximately $210,000. Los Angeles Capital Management LLC boosted its holdings in shares of EZCORP by 47.5% in the fourth quarter. Los Angeles Capital Management LLC now owns 19,753 shares of the credit services provider’s stock valued at $241,000 after purchasing an additional 6,360 shares during the period. Finally, Aigen Investment Management LP increased its holdings in EZCORP by 11.8% during the 4th quarter. Aigen Investment Management LP now owns 19,800 shares of the credit services provider’s stock worth $242,000 after purchasing an additional 2,088 shares during the period. 99.83% of the stock is owned by hedge funds and other institutional investors.

EZCORP Price Performance

EZPW opened at $14.88 on Wednesday. The firm has a market capitalization of $817.49 million, a PE ratio of 12.94 and a beta of 0.89. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.91 and a quick ratio of 2.13. The business’s 50-day moving average is $13.25 and its two-hundred day moving average is $12.27. EZCORP, Inc. has a 1 year low of $9.66 and a 1 year high of $15.00.

EZCORP (NASDAQ:EZPW) last issued its quarterly earnings data on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.07. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. Research analysts anticipate that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

EZPW has been the topic of a number of recent research reports. Canaccord Genuity Group increased their price target on 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 target price on shares of EZCORP in a research report on Monday, March 17th. Stephens restated an “equal weight” rating and issued a $13.50 price target on shares of EZCORP in a report on Thursday, February 6th. Finally, Roth Mkm initiated coverage on shares of EZCORP in a research note on Monday, March 17th. They set a “buy” rating and a $16.00 price objective on the stock. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $16.88.

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.