Fox Run Management L.L.C. Invests $188,000 in EZCORP, Inc. (NASDAQ:EZPW)

Fox Run Management L.L.C. bought a new stake in EZCORP, Inc. (NASDAQ:EZPW) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 15,419 shares of the credit services provider’s stock, valued at approximately $188,000.

A number of other institutional investors also recently bought and sold shares of the business. GAMMA Investing LLC raised its holdings in shares of EZCORP by 97.0% during the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock worth $39,000 after purchasing an additional 1,554 shares during the last quarter. Aigen Investment Management LP raised its position in EZCORP by 11.8% during the fourth quarter. Aigen Investment Management LP now owns 19,800 shares of the credit services provider’s stock valued at $242,000 after acquiring an additional 2,088 shares in the last quarter. State Street Corp increased its holdings in shares of EZCORP by 0.3% during the 3rd quarter. State Street Corp now owns 1,084,777 shares of the credit services provider’s stock valued at $12,160,000 after purchasing an additional 2,809 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in EZCORP by 1.7% in the fourth quarter. Bank of New York Mellon Corp now owns 304,235 shares of the credit services provider’s stock valued at $3,718,000 after buying an additional 5,034 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its stake in shares of EZCORP by 4.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 151,628 shares of the credit services provider’s stock valued at $1,853,000 after purchasing an additional 6,205 shares in the last quarter. 99.83% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Roth Mkm started coverage on EZCORP in a research report on Monday, March 17th. They set a “buy” rating and a $16.00 target price on the stock. Canaccord Genuity Group lifted their target price on shares of EZCORP from $19.00 to $22.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Roth Capital set a $16.00 price target on shares of EZCORP in a research report on Monday, March 17th. StockNews.com cut EZCORP from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Stephens reissued an “equal weight” rating and set a $13.50 target price on shares of EZCORP in a report on Thursday, February 6th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $16.88.

EZCORP Price Performance

EZPW opened at $14.68 on Friday. The firm has a market cap of $806.50 million, a price-to-earnings ratio of 12.77 and a beta of 0.89. The stock’s 50-day moving average price is $13.41 and its 200 day moving average price is $12.33. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. EZCORP, Inc. has a 12-month low of $9.66 and a 12-month high of $15.35.

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

About EZCORP

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.