Philadelphia Financial Management of San Francisco LLC increased its holdings in EZCORP Inc (NASDAQ:EZPW) by 69.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,151,389 shares of the credit services provider’s stock after acquiring an additional 473,802 shares during the quarter. EZCORP makes up about 2.1% of Philadelphia Financial Management of San Francisco LLC’s holdings, making the stock its 26th biggest position. Philadelphia Financial Management of San Francisco LLC owned 2.11% of EZCORP worth $14,047,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the company. PEAK6 Investments L.P. acquired a new position in shares of EZCORP in the 4th quarter valued at $135,000. Lafitte Capital Management LP increased its stake in EZCORP by 11.2% in the 4th quarter. Lafitte Capital Management LP now owns 5,088,338 shares of the credit services provider’s stock valued at $62,078,000 after buying an additional 510,838 shares during the period. Cornerstone Capital Management Holdings LLC. increased its stake in EZCORP by 104.3% in the 4th quarter. Cornerstone Capital Management Holdings LLC. now owns 274,200 shares of the credit services provider’s stock valued at $3,345,000 after buying an additional 140,000 shares during the period. Teachers Advisors LLC increased its stake in EZCORP by 5.4% in the 4th quarter. Teachers Advisors LLC now owns 88,238 shares of the credit services provider’s stock valued at $1,077,000 after buying an additional 4,514 shares during the period. Finally, Two Sigma Investments LP increased its stake in EZCORP by 12.5% in the 4th quarter. Two Sigma Investments LP now owns 403,115 shares of the credit services provider’s stock valued at $4,918,000 after buying an additional 44,707 shares during the period. 92.48% of the stock is currently owned by institutional investors and hedge funds.
Shares of EZCORP Inc (NASDAQ EZPW) traded up $0.15 on Wednesday, reaching $13.85. 105,751 shares of the company’s stock traded hands, compared to its average volume of 655,108. The company has a quick ratio of 5.47, a current ratio of 7.77 and a debt-to-equity ratio of 0.44. The firm has a market cap of $754.33, a PE ratio of 19.86 and a beta of 1.62. EZCORP Inc has a 12 month low of $7.55 and a 12 month high of $14.30.
EZPW has been the topic of several recent research reports. Zacks Investment Research raised shares of EZCORP from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a research note on Friday, January 19th. BidaskClub cut shares of EZCORP from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, January 9th. ValuEngine raised shares of EZCORP from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Finally, Jefferies Group reissued a “buy” rating and issued a $13.00 price objective on shares of EZCORP in a research note on Friday, November 17th. Three analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $13.50.
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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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