Amitell Capital Pte Ltd Buys 20,461 Shares of EZCORP, Inc. $EZPW

Amitell Capital Pte Ltd raised its position in EZCORP, Inc. (NASDAQ:EZPW) by 7.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 284,699 shares of the credit services provider’s stock after acquiring an additional 20,461 shares during the period. EZCORP makes up 3.3% of Amitell Capital Pte Ltd’s investment portfolio, making the stock its 8th largest holding. Amitell Capital Pte Ltd’s holdings in EZCORP were worth $5,421,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. 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 worth $52,000 after buying an additional 1,924 shares during the period. Farther Finance Advisors LLC grew its holdings in EZCORP by 15,019.0% in the third quarter. Farther Finance Advisors LLC now owns 3,175 shares of the credit services provider’s stock valued at $60,000 after purchasing an additional 3,154 shares during the period. CWM LLC raised its stake in shares of EZCORP by 126.3% in 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. Jones Financial Companies Lllp boosted its position in EZCORP by 913.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,216 shares of the credit services provider’s stock valued at $79,000 after buying an additional 3,800 shares during the last quarter. Finally, State of Wyoming raised its holdings in EZCORP by 178.1% in the second quarter. State of Wyoming now owns 11,069 shares of the credit services provider’s stock valued at $154,000 after acquiring an additional 7,089 shares in the last quarter. Hedge funds and other institutional investors own 99.83% of the company’s stock.

EZCORP Trading Up 2.0%

Shares of EZPW stock opened at $25.93 on Thursday. EZCORP, Inc. has a 52-week low of $12.85 and a 52-week high of $26.35. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.69 and a current ratio of 6.03. The firm has a fifty day moving average of $22.06 and a 200-day moving average of $19.42. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 16.62 and a beta of 0.53.

EZCORP (NASDAQ:EZPW) last announced its earnings results on Wednesday, February 4th. The credit services provider reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.15. The company had revenue of $374.50 million during the quarter, compared to analyst estimates of $363.63 million. EZCORP had a return on equity of 12.37% and a net margin of 9.18%. On average, equities research analysts forecast that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Insider Activity at EZCORP

In related news, Director Gary Tillett sold 10,000 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $25.50, for a total transaction of $255,000.00. Following the completion of the transaction, the director directly owned 133,483 shares in the company, valued at approximately $3,403,816.50. This trade represents a 6.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CRO Nicole Swies sold 24,138 shares of the company’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 sale, the executive owned 115,266 shares in the company, valued at approximately $2,852,833.50. This represents a 17.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 84,138 shares of company stock worth $2,102,416 over the last ninety days. 2.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have commented on EZPW. Stephens increased their target price on EZCORP from $22.00 to $26.00 and gave the stock an “equal weight” rating in a report on Friday, February 6th. Citigroup restated an “outperform” rating on shares of EZCORP in a research note on Tuesday, January 20th. Wall Street Zen raised EZCORP from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Roth Mkm reiterated a “buy” rating and set a $26.00 price objective on shares of EZCORP in a research report on Tuesday, January 6th. Finally, Canaccord Genuity Group set a $34.00 target price on shares of EZCORP in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, EZCORP presently has an average rating of “Moderate Buy” and an average target price of $28.00.

EZCORP Profile

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.