Hsbc Holdings PLC Has $698,000 Holdings in EZCORP, Inc. (NASDAQ:EZPW)

Hsbc Holdings PLC decreased its stake in shares of EZCORP, Inc. (NASDAQ:EZPW) by 38.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 56,822 shares of the credit services provider’s stock after selling 34,788 shares during the period. Hsbc Holdings PLC owned 0.10% of EZCORP worth $698,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in EZPW. GAMMA Investing LLC raised its position in shares of EZCORP by 97.0% in the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock valued at $39,000 after purchasing an additional 1,554 shares during the period. KLP Kapitalforvaltning AS acquired a new position in EZCORP during the 4th quarter worth $122,000. LPL Financial LLC boosted its holdings in EZCORP by 39.3% during the fourth quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider’s stock valued at $176,000 after acquiring an additional 4,070 shares during the period. R Squared Ltd bought a new position in shares of EZCORP in the fourth quarter worth about $186,000. Finally, Fox Run Management L.L.C. acquired a new position in shares of EZCORP during the 4th quarter worth about $188,000. Institutional investors and hedge funds own 99.83% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on EZPW. Roth Capital set a $16.00 price target on EZCORP in a research report on Monday, March 17th. Stephens reiterated an “equal weight” rating and set a $13.50 target price on shares of EZCORP in a research note on Thursday, February 6th. Canaccord Genuity Group boosted their price objective on shares of EZCORP from $19.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, February 7th. StockNews.com upgraded shares of EZCORP from a “hold” rating to a “buy” rating in a research note on Wednesday, April 30th. Finally, Roth Mkm started coverage on EZCORP in a research note on Monday, March 17th. They set a “buy” rating and a $16.00 price target on the stock. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $16.88.

EZCORP Price Performance

NASDAQ:EZPW opened at $15.50 on Tuesday. The company has a market capitalization of $852.72 million, a price-to-earnings ratio of 13.48 and a beta of 0.59. The company has a 50-day moving average of $14.88 and a 200-day moving average of $13.23. EZCORP, Inc. has a 52 week low of $9.66 and a 52 week high of $16.60. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.91.

EZCORP (NASDAQ:EZPW) last released its quarterly earnings data on Monday, April 28th. The credit services provider reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. The company had revenue of $306.32 million for the quarter, compared to the consensus estimate of $310.35 million. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. As a group, equities research analysts anticipate that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

EZCORP 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.