Boston Partners Has $9.55 Million Stake in EZCORP, Inc. (NASDAQ:EZPW)

Boston Partners increased its stake in shares of EZCORP, Inc. (NASDAQ:EZPW) by 59.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 843,105 shares of the credit services provider’s stock after buying an additional 314,435 shares during the quarter. Boston Partners owned about 1.53% of EZCORP worth $9,553,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in EZPW. Hancock Whitney Corp acquired a new position in EZCORP in the first quarter valued at about $539,000. Caxton Associates LP bought a new position in EZCORP in the first quarter valued at approximately $436,000. Quadrature Capital Ltd acquired a new position in EZCORP during the first quarter valued at approximately $441,000. UniSuper Management Pty Ltd bought a new stake in EZCORP during the first quarter worth $474,000. Finally, Acadian Asset Management LLC lifted its stake in EZCORP by 40.3% during the first quarter. Acadian Asset Management LLC now owns 551,267 shares of the credit services provider’s stock worth $6,244,000 after purchasing an additional 158,216 shares during the last quarter. Institutional investors own 99.83% of the company’s stock.

Insider Transactions at EZCORP

In related news, Director Matthew W. Appel sold 26,490 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $10.32, for a total transaction of $273,376.80. Following the transaction, the director now directly owns 138,684 shares of the company’s stock, valued at approximately $1,431,218.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 2.13% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lowered their price target on EZCORP from $18.00 to $17.00 and set a “buy” rating for the company in a report on Friday, May 3rd.

EZCORP Trading Up 5.5 %

Shares of EZCORP stock traded up $0.58 on Friday, hitting $11.07. The stock had a trading volume of 947,614 shares, compared to its average volume of 466,052. The stock has a 50 day moving average of $10.24 and a 200 day moving average of $10.32. The firm has a market capitalization of $608.19 million, a P/E ratio of 10.64 and a beta of 1.04. EZCORP, Inc. has a twelve month low of $7.70 and a twelve month high of $11.52. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.23 and a current ratio of 2.59.

EZCORP (NASDAQ:EZPW) last posted its quarterly earnings data on Wednesday, May 1st. The credit services provider reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. The business had revenue of $285.64 million during the quarter, compared to the consensus estimate of $287.59 million. EZCORP had a return on equity of 10.64% and a net margin of 6.87%. During the same period in the prior year, the business posted $0.23 earnings per share. Sell-side analysts expect that EZCORP, Inc. will post 1.11 earnings per share for the current fiscal year.

EZCORP Company 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.