Hodges Capital Management Inc. Increases Stake in EZCORP Inc (EZPW)

Hodges Capital Management Inc. grew its stake in shares of EZCORP Inc (NASDAQ:EZPW) by 9.0% during the fourth quarter, HoldingsChannel reports. The firm owned 241,250 shares of the credit services provider’s stock after purchasing an additional 20,000 shares during the quarter. Hodges Capital Management Inc.’s holdings in EZCORP were worth $2,943,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in EZPW. Stephens Investment Management Group LLC bought a new stake in shares of EZCORP during the 4th quarter valued at about $12,922,000. JPMorgan Chase & Co. boosted its stake in shares of EZCORP by 25.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,045,860 shares of the credit services provider’s stock valued at $20,970,000 after purchasing an additional 411,457 shares in the last quarter. Mangrove Partners bought a new stake in shares of EZCORP during the 3rd quarter valued at about $3,236,000. Dimensional Fund Advisors LP boosted its stake in shares of EZCORP by 6.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,309,470 shares of the credit services provider’s stock valued at $40,941,000 after purchasing an additional 272,095 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of EZCORP by 4.8% during the 2nd quarter. Vanguard Group Inc. now owns 3,725,298 shares of the credit services provider’s stock valued at $28,684,000 after purchasing an additional 168,983 shares in the last quarter. 92.81% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of EZCORP from a “buy” rating to a “hold” rating in a research note on Tuesday, January 23rd. ValuEngine raised shares of EZCORP from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. BidaskClub lowered shares of EZCORP from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, January 9th. Finally, Jefferies Group reaffirmed a “buy” rating and set a $13.00 target price on shares of EZCORP in a research note on Friday, November 17th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $13.50.

EZCORP Inc (NASDAQ EZPW) opened at $13.20 on Friday. EZCORP Inc has a 12-month low of $7.55 and a 12-month high of $13.75. The stock has a market cap of $718.04, a PE ratio of 17.84 and a beta of 1.82. The company has a debt-to-equity ratio of 0.44, a quick ratio of 5.47 and a current ratio of 7.77.

EZCORP (NASDAQ:EZPW) last issued its quarterly earnings results on Wednesday, January 31st. The credit services provider reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. EZCORP had a net margin of 4.93% and a return on equity of 6.40%. The company had revenue of $204.50 million during the quarter, compared to analysts’ expectations of $204.39 million. During the same period last year, the company posted $0.15 EPS. EZCORP’s revenue was up 6.2% on a year-over-year basis. equities analysts anticipate that EZCORP Inc will post 0.85 earnings per share for the current year.

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EZCORP Company Profile

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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