California Public Employees Retirement System boosted its holdings in EZCORP Inc (NASDAQ:EZPW) by 9.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 398,780 shares of the credit services provider’s stock after buying an additional 34,085 shares during the period. California Public Employees Retirement System owned 0.73% of EZCORP worth $4,865,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the business. Teacher Retirement System of Texas acquired a new stake in EZCORP in the 4th quarter worth about $215,000. Hodges Capital Management Inc. boosted its stake in EZCORP by 9.0% in the 4th quarter. Hodges Capital Management Inc. now owns 241,250 shares of the credit services provider’s stock worth $2,943,000 after buying an additional 20,000 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in EZCORP by 32.2% in the 4th quarter. Crossmark Global Holdings Inc. now owns 26,136 shares of the credit services provider’s stock worth $319,000 after buying an additional 6,363 shares during the last quarter. Stephens Investment Management Group LLC acquired a new stake in EZCORP in the 4th quarter worth about $12,922,000. Finally, Victory Capital Management Inc. boosted its stake in EZCORP by 4.9% in the 4th quarter. Victory Capital Management Inc. now owns 174,473 shares of the credit services provider’s stock worth $2,129,000 after buying an additional 8,173 shares during the last quarter. 92.48% of the stock is currently owned by hedge funds and other institutional investors.
A number of analysts have issued reports on EZPW shares. ValuEngine raised EZCORP from a “hold” rating to a “buy” rating in a research note on Thursday, November 16th. Jefferies Group reissued a “buy” rating and issued a $13.00 price target on shares of EZCORP in a research note on Friday, November 17th. Zacks Investment Research raised EZCORP from a “hold” rating to a “strong-buy” rating and set a $14.00 price target on the stock in a research note on Thursday, February 1st. Finally, BidaskClub lowered EZCORP from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, January 9th. Two research analysts have rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the stock. EZCORP has a consensus rating of “Buy” and an average target price of $13.50.
EZCORP (NASDAQ:EZPW) last released its quarterly earnings data on Wednesday, January 31st. The credit services provider reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.09. The business had revenue of $204.50 million for the quarter, compared to analyst estimates of $204.39 million. EZCORP had a return on equity of 6.40% and a net margin of 4.93%. The company’s revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.15 EPS. sell-side analysts anticipate that EZCORP Inc will post 0.79 earnings per share for the current fiscal 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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