Empowered Funds LLC Boosts Stock Holdings in EZCORP, Inc. (NASDAQ:EZPW)

Empowered Funds LLC raised its stake in EZCORP, Inc. (NASDAQ:EZPW) by 5.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 324,807 shares of the credit services provider’s stock after purchasing an additional 16,482 shares during the quarter. Empowered Funds LLC’s holdings in EZCORP were worth $3,641,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. USA Financial Formulas acquired a new stake in EZCORP during the 3rd quarter worth approximately $32,000. Quarry LP grew its stake in EZCORP by 169.1% during the second quarter. Quarry LP now owns 4,736 shares of the credit services provider’s stock worth $50,000 after buying an additional 2,976 shares during the period. Innealta Capital LLC acquired a new stake in shares of EZCORP in the second quarter worth $71,000. Allspring Global Investments Holdings LLC purchased a new position in shares of EZCORP in the 3rd quarter valued at $106,000. Finally, nVerses Capital LLC lifted its holdings in shares of EZCORP by 640.0% during the 3rd quarter. nVerses Capital LLC now owns 11,100 shares of the credit services provider’s stock valued at $124,000 after acquiring an additional 9,600 shares in the last quarter. 99.83% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on EZPW. Canaccord Genuity Group reiterated a “buy” rating and issued a $19.00 price target on shares of EZCORP in a report on Friday, October 4th. Stephens started coverage on EZCORP in a research note on Wednesday, November 13th. They issued an “equal weight” rating and a $13.00 target price for the company.

EZCORP Price Performance

EZPW opened at $12.06 on Tuesday. EZCORP, Inc. has a twelve month low of $7.72 and a twelve month high of $12.23. The firm has a market cap of $660.16 million, a price-to-earnings ratio of 10.86 and a beta of 1.03. The company has a current ratio of 2.71, a quick ratio of 1.99 and a debt-to-equity ratio of 0.28. The company has a fifty day simple moving average of $11.35 and a 200 day simple moving average of $10.88.

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.