22Nw LP Has $6 Million Position in EZCORP, Inc. (EZPW)

22Nw LP increased its stake in EZCORP, Inc. (NASDAQ:EZPW) by 5.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 631,285 shares of the credit services provider’s stock after acquiring an additional 32,500 shares during the period. EZCORP makes up approximately 3.5% of 22Nw LP’s investment portfolio, making the stock its 4th biggest position. 22Nw LP owned 1.16% of EZCORP worth $5,997,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Campbell & CO Investment Adviser LLC purchased a new position in shares of EZCORP during the third quarter valued at approximately $114,000. Trexquant Investment LP purchased a new position in shares of EZCORP during the second quarter valued at approximately $114,000. Algert Global LLC purchased a new position in shares of EZCORP during the second quarter valued at approximately $124,000. Hartford Investment Management Co. purchased a new position in shares of EZCORP during the second quarter valued at approximately $128,000. Finally, Teachers Retirement System of The State of Kentucky boosted its position in shares of EZCORP by 833.3% during the first 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 period. Institutional investors own 92.65% of the company’s stock.

Shares of EZCORP, Inc. (NASDAQ:EZPW) opened at $12.05 on Wednesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 5.88 and a current ratio of 8.01. EZCORP, Inc. has a 12 month low of $7.55 and a 12 month high of $12.25. The firm has a market cap of $660.92, a P/E ratio of 19.92 and a beta of 1.97.

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

EZPW has been the subject of several recent analyst reports. ValuEngine upgraded EZCORP from a “hold” rating to a “buy” rating in a research report on Thursday, November 16th. Jefferies Group restated a “buy” rating and set a $12.00 target price (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 set a “neutral” rating for the company. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $11.33.

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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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