EZCORP, Inc. (EZPW) Stake Boosted by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company grew its stake in shares of EZCORP, Inc. (NASDAQ:EZPW) by 1.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,886 shares of the credit services provider’s stock after acquiring an additional 617 shares during the quarter. The Manufacturers Life Insurance Company owned about 0.08% of EZCORP worth $315,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its holdings in EZCORP by 6.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,037,375 shares of the credit services provider’s stock worth $31,088,000 after buying an additional 253,768 shares during the period. Vanguard Group Inc. increased its holdings in EZCORP by 4.8% in the 2nd quarter. Vanguard Group Inc. now owns 3,725,298 shares of the credit services provider’s stock worth $28,684,000 after buying an additional 168,983 shares during the period. Rovida Advisors Inc. increased its holdings in EZCORP by 20.8% in the 2nd quarter. Rovida Advisors Inc. now owns 3,075,000 shares of the credit services provider’s stock worth $23,524,000 after buying an additional 528,591 shares during the period. Huber Capital Management LLC increased its holdings in EZCORP by 46.2% in the 2nd quarter. Huber Capital Management LLC now owns 2,262,319 shares of the credit services provider’s stock worth $17,420,000 after buying an additional 715,233 shares during the period. Finally, State Street Corp increased its holdings in EZCORP by 5.4% in the 2nd quarter. State Street Corp now owns 1,175,451 shares of the credit services provider’s stock worth $9,049,000 after buying an additional 60,684 shares during the period. Hedge funds and other institutional investors own 92.65% of the company’s stock.

EZPW has been the topic of several research reports. ValuEngine upgraded shares of EZCORP from a “hold” rating to a “buy” rating in a report on Thursday, November 16th. Jefferies Group restated a “buy” rating and issued a $12.00 price objective (up previously from $10.50) on shares of EZCORP in a research report on Tuesday, October 10th. Zacks Investment Research lowered EZCORP from a “hold” rating to a “sell” rating in a research report on Thursday, October 12th. Finally, Sidoti initiated coverage on EZCORP in a research report on Thursday, August 10th. They issued a “neutral” rating on the stock. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. EZCORP currently has a consensus rating of “Hold” and an average target price of $11.33.

Shares of EZCORP, Inc. (EZPW) opened at $12.10 on Monday. The company has a debt-to-equity ratio of 0.43, a current ratio of 8.01 and a quick ratio of 5.88. EZCORP, Inc. has a 52-week low of $7.55 and a 52-week high of $12.20. The company has a market capitalization of $658.20, a P/E ratio of 19.84 and a beta of 1.97.

EZCORP (NASDAQ:EZPW) last released its quarterly earnings data on Wednesday, November 15th. The credit services provider reported $0.21 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.10. EZCORP had a return on equity of 5.40% and a net margin of 4.26%. The business had revenue of $182.07 million for the quarter, compared to analyst estimates of $188.84 million. During the same quarter in the prior year, the firm posted ($0.31) EPS. The business’s quarterly revenue was down 1.4% compared to the same quarter last year. sell-side analysts forecast that EZCORP, Inc. will post 0.79 earnings per share for the current year.

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About EZCORP

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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Institutional Ownership by Quarter for EZCORP (NASDAQ:EZPW)

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