Caxton Associates LP Makes New $436,000 Investment in EZCORP, Inc. (NASDAQ:EZPW)

Caxton Associates LP bought a new position in shares of EZCORP, Inc. (NASDAQ:EZPW) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 38,510 shares of the credit services provider’s stock, valued at approximately $436,000. Caxton Associates LP owned about 0.07% of EZCORP at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its stake in shares of EZCORP by 63.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 11,412 shares of the credit services provider’s stock worth $129,000 after purchasing an additional 4,451 shares during the last quarter. Cornerstone Investment Partners LLC acquired a new stake in EZCORP during the fourth quarter worth approximately $158,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of EZCORP in the 1st quarter valued at $270,000. Louisiana State Employees Retirement System acquired a new position in shares of EZCORP during the 4th quarter valued at $228,000. Finally, Quantbot Technologies LP boosted its stake in EZCORP by 82.4% during the first quarter. Quantbot Technologies LP now owns 26,781 shares of the credit services provider’s stock worth $303,000 after acquiring an additional 12,097 shares in the last quarter. Institutional investors and hedge funds own 99.83% of the company’s stock.

Insider Buying and Selling at EZCORP

In other news, Director Matthew W. Appel sold 26,490 shares of the stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $10.32, for a total value of $273,376.80. Following the completion of the sale, the director now directly owns 138,684 shares of the company’s stock, valued at $1,431,218.88. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 2.13% of the company’s stock.

Wall Street Analysts Forecast Growth

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

EZCORP Stock Up 0.8 %

NASDAQ EZPW traded up $0.08 during mid-day trading on Tuesday, hitting $10.20. The company’s stock had a trading volume of 121,997 shares, compared to its average volume of 523,632. The firm has a market capitalization of $560.39 million, a price-to-earnings ratio of 9.73 and a beta of 1.04. The company’s 50 day simple moving average is $10.20 and its 200 day simple moving average is $10.29. The company has a current ratio of 4.17, a quick ratio of 3.23 and a debt-to-equity ratio of 0.41. EZCORP, Inc. has a twelve month low of $7.70 and a twelve month high of $11.52.

EZCORP (NASDAQ:EZPW) last issued its quarterly earnings data on Wednesday, May 1st. The credit services provider reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. EZCORP had a net margin of 7.05% and a return on equity of 10.55%. The firm had revenue of $285.64 million during the quarter, compared to analysts’ expectations of $287.59 million. During the same period last year, the company earned $0.23 earnings per share. Analysts anticipate that EZCORP, Inc. will post 1.11 earnings per share for the current 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.