Quantbot Technologies LP Sells 72,937 Shares of EZCORP, Inc. $EZPW

by · The Cerbat Gem

Quantbot Technologies LP cut its stake in shares of EZCORP, Inc. (NASDAQ:EZPW – Free Report) by 43.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,603 shares of the credit services provider’s stock after selling 72,937 shares during the period. Quantbot Technologies LP owned about 0.16% of EZCORP worth $1,820,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd purchased a new stake in EZCORP in the 3rd quarter valued at about $29,000. Covestor Ltd grew its position in EZCORP by 239.3% during the third quarter. Covestor Ltd now owns 2,728 shares of the credit services provider’s stock valued at $52,000 after buying an additional 1,924 shares during the period. Farther Finance Advisors LLC increased its holdings in EZCORP by 15,019.0% during the third quarter. Farther Finance Advisors LLC now owns 3,175 shares of the credit services provider’s stock worth $60,000 after buying an additional 3,154 shares during the last quarter. CWM LLC grew its position in shares of EZCORP by 126.3% during the 3rd quarter. CWM LLC now owns 3,422 shares of the credit services provider’s stock valued at $65,000 after acquiring an additional 1,910 shares during the period. Finally, Jones Financial Companies Lllp grew its position in shares of EZCORP by 913.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,216 shares of the credit services provider’s stock valued at $79,000 after acquiring an additional 3,800 shares during the period. 99.83% of the stock is owned by institutional investors.

EZCORP Trading Down 0.5%

NASDAQ:EZPW opened at $26.46 on Thursday. The firm has a market capitalization of $1.63 billion, a P/E ratio of 16.96 and a beta of 0.49. The company has a quick ratio of 4.69, a current ratio of 6.03 and a debt-to-equity ratio of 0.48. The company has a fifty day moving average of $22.75 and a 200 day moving average of $19.79. EZCORP, Inc. has a 52 week low of $12.85 and a 52 week high of $27.30.

EZCORP (NASDAQ:EZPW – Get Free Report) last posted its earnings results on Wednesday, February 4th. The credit services provider reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.15. The company had revenue of $374.50 million for the quarter, compared to analysts’ expectations of $363.63 million. EZCORP had a return on equity of 12.37% and a net margin of 9.18%. On average, research analysts predict that EZCORP, Inc. will post 1.3 earnings per share for the current year.

Insider Transactions at EZCORP

In other news, CRO Nicole Swies sold 24,138 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $24.75, for a total value of $597,415.50. Following the completion of the transaction, the executive owned 115,266 shares in the company, valued at $2,852,833.50. This trade represents a 17.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ellen H. Bryant sold 20,000 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $25.00, for a total value of $500,000.00. Following the completion of the transaction, the insider owned 147,786 shares of the company’s stock, valued at approximately $3,694,650. This trade represents a 11.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 84,138 shares of company stock worth $2,102,416 over the last quarter. Insiders own 2.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on EZPW shares. Stephens lifted their price objective on EZCORP from $22.00 to $26.00 and gave the stock an “equal weight” rating in a report on Friday, February 6th. Wall Street Zen raised EZCORP from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Weiss Ratings restated a “buy (b)” rating on shares of EZCORP in a research report on Thursday, January 22nd. Zacks Research raised shares of EZCORP from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Finally, Canaccord Genuity Group set a $34.00 target price on EZCORP in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, EZCORP has a consensus rating of “Moderate Buy” and a consensus price target of $28.00.

View Our Latest Research Report on EZCORP

EZCORP Profile

(Free Report)

EZCORP, Inc is a specialty consumer finance company that provides pawn loans and retail merchandise programs primarily through its EZPAWN and Cash Converters brands. The company offers collateral-based loans secured principally by jewelry, electronics, musical instruments and other personal items, alongside check-cashing, money-transfer and bill-payment services. In addition to its pawn lending operations, EZCORP acquires previously pawned or consumer merchandise for resale through its “Sell-It-Now” platform and retail storefronts.

Founded in 1989 and headquartered in San Antonio, Texas, EZCORP operates in two principal geographic markets: the United States and Mexico.

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