Integrated Quantitative Investments LLC Makes New $705,000 Investment in EZCORP, Inc. (NASDAQ:EZPW)

Integrated Quantitative Investments LLC bought a new stake in shares of EZCORP, Inc. (NASDAQ:EZPW) in the 4th quarter, HoldingsChannel reports. The fund bought 57,700 shares of the credit services provider’s stock, valued at approximately $705,000.

A number of other hedge funds also recently made changes to their positions in the business. GAMMA Investing LLC boosted its holdings in EZCORP by 97.0% in the 4th quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock worth $39,000 after buying an additional 1,554 shares during the period. KLP Kapitalforvaltning AS bought a new stake in shares of EZCORP during the fourth quarter valued at about $122,000. LPL Financial LLC lifted its holdings in shares of EZCORP by 39.3% in the fourth quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider’s stock worth $176,000 after buying an additional 4,070 shares in the last quarter. R Squared Ltd purchased a new position in EZCORP during the fourth quarter valued at approximately $186,000. Finally, Fox Run Management L.L.C. bought a new stake in EZCORP during the 4th quarter worth approximately $188,000. 99.83% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

EZPW has been the topic of several recent analyst reports. Stephens reaffirmed an “equal weight” rating and issued a $13.50 price target on shares of EZCORP in a report on Thursday, February 6th. Roth Mkm assumed coverage on shares of EZCORP in a research note on Monday, March 17th. They issued a “buy” rating and a $16.00 price target for the company. StockNews.com downgraded shares of EZCORP from a “buy” rating to a “hold” rating in a report on Saturday, March 29th. Canaccord Genuity Group raised their price objective on EZCORP from $19.00 to $22.00 and gave the company a “buy” rating in a report on Friday, February 7th. Finally, Roth Capital set a $16.00 price objective on shares of EZCORP in a report on Monday, March 17th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, EZCORP currently has an average rating of “Moderate Buy” and an average price target of $16.88.

EZCORP Stock Performance

EZCORP stock opened at $15.23 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.91. EZCORP, Inc. has a fifty-two week low of $9.66 and a fifty-two week high of $16.35. The stock has a market cap of $836.72 million, a price-to-earnings ratio of 13.24 and a beta of 0.81. The stock’s 50 day simple moving average is $13.70 and its two-hundred day simple moving average is $12.48.

EZCORP (NASDAQ:EZPW) last announced its earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.07. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. As a group, analysts expect that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

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.