EZCORP, Inc. (NASDAQ:EZPW) Shares Acquired by Divisadero Street Capital Management LP

Divisadero Street Capital Management LP boosted its holdings in EZCORP, Inc. (NASDAQ:EZPW) by 1,699.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,246,445 shares of the credit services provider’s stock after purchasing an additional 1,177,166 shares during the quarter. EZCORP makes up 1.8% of Divisadero Street Capital Management LP’s portfolio, making the stock its 17th biggest holding. Divisadero Street Capital Management LP’s holdings in EZCORP were worth $15,232,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its stake in shares of EZCORP by 97.0% during the 4th quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock valued at $39,000 after buying an additional 1,554 shares during the period. Aigen Investment Management LP grew its position in EZCORP by 11.8% during the fourth quarter. Aigen Investment Management LP now owns 19,800 shares of the credit services provider’s stock valued at $242,000 after acquiring an additional 2,088 shares during the period. LPL Financial LLC raised its holdings in shares of EZCORP by 39.3% in the 4th quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider’s stock worth $176,000 after purchasing an additional 4,070 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of EZCORP by 1.7% in the 4th quarter. Bank of New York Mellon Corp now owns 304,235 shares of the credit services provider’s stock valued at $3,718,000 after purchasing an additional 5,034 shares in the last quarter. Finally, Exchange Traded Concepts LLC grew its holdings in shares of EZCORP by 4.3% during the 4th quarter. Exchange Traded Concepts LLC now owns 151,628 shares of the credit services provider’s stock worth $1,853,000 after purchasing an additional 6,205 shares during the period. 99.83% of the stock is currently owned by hedge funds and other institutional investors.

EZCORP Price Performance

Shares of NASDAQ:EZPW opened at $14.74 on Wednesday. The company’s fifty day moving average is $14.91 and its two-hundred day moving average is $13.24. The company has a market cap of $810.91 million, a P/E ratio of 12.82 and a beta of 0.59. EZCORP, Inc. has a 12-month low of $9.66 and a 12-month high of $16.60. The company has a quick ratio of 2.13, a current ratio of 2.91 and a debt-to-equity ratio of 0.27.

EZCORP (NASDAQ:EZPW) last posted its quarterly earnings results on Monday, April 28th. The credit services provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.32 by $0.02. The business had revenue of $306.32 million for the quarter, compared to analysts’ expectations of $310.35 million. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. Equities analysts expect that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Roth Mkm assumed coverage on shares of EZCORP in a research note on Monday, March 17th. They set a “buy” rating and a $16.00 price objective for the company. StockNews.com upgraded EZCORP from a “hold” rating to a “buy” rating in a report on Wednesday, April 30th. Canaccord Genuity Group reduced their price objective on EZCORP from $25.00 to $24.00 and set a “buy” rating on the stock in a research note on Tuesday. Roth Capital set a $16.00 target price on EZCORP in a research note on Monday, March 17th. Finally, Stephens reissued an “equal weight” rating and set a $13.50 price target on shares of EZCORP in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $17.38.

EZCORP Profile

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.