Dimensional Fund Advisors LP boosted its position in EZCORP, Inc. (NASDAQ:EZPW) by 6.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,037,375 shares of the credit services provider’s stock after buying an additional 253,768 shares during the period. Dimensional Fund Advisors LP owned approximately 7.44% of EZCORP worth $31,088,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of EZPW. Wellington Management Group LLP grew its position in EZCORP by 2.2% in the 1st quarter. Wellington Management Group LLP now owns 13,848 shares of the credit services provider’s stock valued at $113,000 after buying an additional 300 shares during the last quarter. Trexquant Investment LP purchased a new position in EZCORP in the 2nd quarter valued at $114,000. Algert Global LLC purchased a new position in EZCORP in the 2nd quarter valued at $124,000. Hartford Investment Management Co. purchased a new position in EZCORP in the 2nd quarter valued at $128,000. Finally, Teachers Retirement System of The State of Kentucky grew its position in EZCORP by 833.3% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 16,800 shares of the credit services provider’s stock valued at $137,000 after buying an additional 15,000 shares during the last quarter. Hedge funds and other institutional investors own 84.34% of the company’s stock.
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EZCORP (NASDAQ:EZPW) last issued its quarterly earnings data on Monday, July 31st. The credit services provider reported $0.10 EPS for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.01). The company had revenue of $183.60 million for the quarter, compared to the consensus estimate of $182.10 million. EZCORP had a return on equity of 3.65% and a net margin of 3.16%. The business’s quarterly revenue was up 7.9% on a year-over-year basis.
EZPW has been the topic of a number of analyst reports. BidaskClub lowered shares of EZCORP from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Jefferies Group LLC upgraded shares of EZCORP from a “hold” rating to a “buy” rating and set a $10.50 price objective on the stock in a research report on Friday, August 4th. Zacks Investment Research upgraded shares of EZCORP from a “hold” rating to a “buy” rating and set a $9.75 price objective on the stock in a research report on Monday, August 7th. Finally, Sidoti initiated coverage on shares of EZCORP in a research report on Thursday, August 10th. They issued a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. EZCORP currently has a consensus rating of “Hold” and a consensus target price of $10.00.
EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through three segments: U.S. Pawn, which includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.
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