BNP Paribas Financial Markets Boosts Holdings in EZCORP, Inc. (NASDAQ:EZPW)

BNP Paribas Financial Markets lifted its stake in shares of EZCORP, Inc. (NASDAQ:EZPW) by 25.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 476,896 shares of the credit services provider’s stock after acquiring an additional 96,630 shares during the period. BNP Paribas Financial Markets’ holdings in EZCORP were worth $5,346,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. USA Financial Formulas purchased a new stake in EZCORP during the third quarter valued at about $32,000. Quarry LP grew its holdings in shares of EZCORP by 169.1% during the 2nd quarter. Quarry LP now owns 4,736 shares of the credit services provider’s stock worth $50,000 after purchasing an additional 2,976 shares during the period. Innealta Capital LLC acquired a new stake in EZCORP during the 2nd quarter worth approximately $71,000. Allspring Global Investments Holdings LLC purchased a new position in EZCORP in the third quarter valued at approximately $106,000. Finally, nVerses Capital LLC lifted its position in EZCORP by 640.0% during the third quarter. nVerses Capital LLC now owns 11,100 shares of the credit services provider’s stock valued at $124,000 after buying an additional 9,600 shares in the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on EZPW shares. Canaccord Genuity Group reissued a “buy” rating and issued a $19.00 price objective on shares of EZCORP in a research report on Friday, October 4th. Stephens began coverage on EZCORP in a report on Wednesday, November 13th. They issued an “equal weight” rating and a $13.00 price target for the company.

EZCORP Trading Down 0.6 %

EZPW opened at $12.57 on Wednesday. The firm’s 50 day moving average is $11.71 and its 200-day moving average is $11.06. EZCORP, Inc. has a 52-week low of $8.20 and a 52-week high of $12.85. The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $684.69 million, a P/E ratio of 11.32 and a beta of 1.05.

Insider Activity at EZCORP

In related news, insider Sunil Sajnani sold 34,493 shares of EZCORP stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $12.42, for a total value of $428,403.06. Following the completion of the sale, the insider now owns 66,242 shares in the company, valued at approximately $822,725.64. The trade was a 34.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.13% of the company’s stock.

EZCORP Profile

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.