Ameriprise Financial Inc. increased its stake in EZCORP, Inc. (NASDAQ:EZPW) by 5.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 259,502 shares of the credit services provider’s stock after buying an additional 12,670 shares during the period. Ameriprise Financial Inc. owned 0.48% of EZCORP worth $2,115,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Engineers Gate Manager LP increased its stake in shares of EZCORP by 47.3% in the first quarter. Engineers Gate Manager LP now owns 39,321 shares of the credit services provider’s stock valued at $320,000 after buying an additional 12,631 shares during the last quarter. Comerica Bank increased its stake in shares of EZCORP by 4.3% in the first quarter. Comerica Bank now owns 53,848 shares of the credit services provider’s stock valued at $501,000 after buying an additional 2,212 shares during the last quarter. Rovida Advisors Inc. increased its stake in shares of EZCORP by 27.3% in the first quarter. Rovida Advisors Inc. now owns 2,546,409 shares of the credit services provider’s stock valued at $20,626,000 after buying an additional 546,409 shares during the last quarter. American Century Companies Inc. increased its stake in shares of EZCORP by 2.0% in the first quarter. American Century Companies Inc. now owns 87,265 shares of the credit services provider’s stock valued at $711,000 after buying an additional 1,721 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System increased its stake in shares of EZCORP by 5.4% in the first quarter. State Board of Administration of Florida Retirement System now owns 44,255 shares of the credit services provider’s stock valued at $361,000 after buying an additional 2,254 shares during the last quarter. Institutional investors and hedge funds own 86.10% of the company’s stock.

EZCORP, Inc. (NASDAQ EZPW) traded up 1.14% during mid-day trading on Monday, hitting $8.85. The company’s stock had a trading volume of 1,497,268 shares. The firm has a 50 day moving average of $8.20 and a 200-day moving average of $8.67. EZCORP, Inc. has a 52-week low of $7.55 and a 52-week high of $12.00. The firm has a market cap of $480.52 million, a price-to-earnings ratio of 20.39 and a beta of 1.98.

EZCORP (NASDAQ:EZPW) last posted its earnings results on Monday, July 31st. The credit services provider reported $0.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.11 by $0.01. EZCORP had a return on equity of 3.65% and a net margin of 3.16%. The business had revenue of $183.60 million during the quarter, compared to analyst estimates of $182.10 million. The business’s revenue was up 7.9% on a year-over-year basis. On average, equities research analysts expect that EZCORP, Inc. will post $0.53 EPS for the current fiscal year.

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EZPW has been the topic of several research analyst reports. BidaskClub downgraded EZCORP from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Zacks Investment Research downgraded EZCORP from a “buy” rating to a “hold” rating in a research note on Friday, May 5th. Jefferies Group LLC reaffirmed a “hold” rating and set a $10.50 price objective on shares of EZCORP in a research note on Friday, June 16th. Finally, TheStreet raised EZCORP from a “d+” rating to a “c-” rating in a research note on Friday, May 19th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $9.88.

EZCORP Company Profile

EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through three segments: U.S. Pawn, which includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.

Institutional Ownership by Quarter for EZCORP (NASDAQ:EZPW)

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