EZCORP (NASDAQ:EZPW) Coverage Initiated by Analysts at Stephens

Stephens assumed coverage on shares of EZCORP (NASDAQ:EZPW) in a research report released on Wednesday, Marketbeat.com reports. The firm issued an equal weight rating and a $13.00 price objective on the credit services provider’s stock.

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

EZCORP Stock Down 0.8 %

NASDAQ:EZPW opened at $11.92 on Wednesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.99 and a current ratio of 2.59. The stock has a 50-day simple moving average of $11.35 and a 200 day simple moving average of $10.88. The company has a market cap of $652.50 million, a PE ratio of 10.74 and a beta of 1.03. EZCORP has a 52-week low of $7.72 and a 52-week high of $12.23.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Assenagon Asset Management S.A. lifted its position in shares of EZCORP by 44.4% in the second quarter. Assenagon Asset Management S.A. now owns 1,460,564 shares of the credit services provider’s stock valued at $15,292,000 after buying an additional 449,360 shares during the last quarter. Boston Partners lifted its position in shares of EZCORP by 59.5% in the first quarter. Boston Partners now owns 843,105 shares of the credit services provider’s stock valued at $9,553,000 after buying an additional 314,435 shares during the last quarter. Fourth Sail Capital LP lifted its position in shares of EZCORP by 21.5% in the second quarter. Fourth Sail Capital LP now owns 718,947 shares of the credit services provider’s stock valued at $7,527,000 after buying an additional 127,070 shares during the last quarter. GSA Capital Partners LLP lifted its position in shares of EZCORP by 161.0% in the third quarter. GSA Capital Partners LLP now owns 132,972 shares of the credit services provider’s stock valued at $1,491,000 after buying an additional 82,025 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of EZCORP in the second quarter valued at approximately $1,624,000. 99.83% of the stock is currently owned by institutional investors.

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.