nVerses Capital LLC Buys 9,600 Shares of EZCORP, Inc. (NASDAQ:EZPW)

nVerses Capital LLC boosted its stake in EZCORP, Inc. (NASDAQ:EZPW) by 640.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,100 shares of the credit services provider’s stock after purchasing an additional 9,600 shares during the period. nVerses Capital LLC’s holdings in EZCORP were worth $124,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Assenagon Asset Management S.A. boosted its stake in shares of EZCORP by 44.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,460,564 shares of the credit services provider’s stock worth $15,292,000 after acquiring an additional 449,360 shares during the last quarter. Boston Partners boosted its stake in shares of EZCORP by 59.5% during the 1st quarter. Boston Partners now owns 843,105 shares of the credit services provider’s stock worth $9,553,000 after acquiring an additional 314,435 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of EZCORP by 169.8% during the 1st quarter. BNP Paribas Financial Markets now owns 261,337 shares of the credit services provider’s stock worth $2,961,000 after acquiring an additional 164,489 shares during the last quarter. Fourth Sail Capital LP boosted its stake in shares of EZCORP by 21.5% during the 2nd quarter. Fourth Sail Capital LP now owns 718,947 shares of the credit services provider’s stock worth $7,527,000 after acquiring an additional 127,070 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of EZCORP during the 2nd quarter valued at $1,624,000. Institutional investors own 99.83% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and set a $19.00 target price on shares of EZCORP in a research note on Friday, October 4th.

EZCORP Stock Down 1.7 %

EZPW opened at $11.60 on Monday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.99 and a current ratio of 2.59. EZCORP, Inc. has a fifty-two week low of $7.70 and a fifty-two week high of $12.23. The firm’s fifty day moving average is $11.38 and its 200 day moving average is $10.79. The stock has a market cap of $637.33 million, a price-to-earnings ratio of 11.15 and a beta of 1.02.

EZCORP (NASDAQ:EZPW) last released its earnings results on Wednesday, July 31st. The credit services provider reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. EZCORP had a net margin of 6.87% and a return on equity of 10.64%. The company had revenue of $281.42 million for the quarter, compared to analysts’ expectations of $281.69 million. On average, sell-side analysts forecast that EZCORP, Inc. will post 1.13 earnings per share for the current fiscal year.

About EZCORP

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.