Bridgeway Capital Management LLC Has $10.16 Million Stock Holdings in EZCORP, Inc. $EZPW

Bridgeway Capital Management LLC lowered its holdings in shares of EZCORP, Inc. (NASDAQ:EZPW) by 8.9% in the 1st quarter, HoldingsChannel reports. The firm owned 690,188 shares of the credit services provider’s stock after selling 67,435 shares during the period. Bridgeway Capital Management LLC’s holdings in EZCORP were worth $10,160,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Ritholtz Wealth Management acquired a new position in shares of EZCORP during the 1st quarter valued at $382,000. Hsbc Holdings PLC increased its position in EZCORP by 6.7% in the 1st quarter. Hsbc Holdings PLC now owns 60,614 shares of the credit services provider’s stock valued at $901,000 after buying an additional 3,792 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of EZCORP by 6.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 92,641 shares of the credit services provider’s stock worth $1,132,000 after purchasing an additional 5,524 shares in the last quarter. SG Americas Securities LLC acquired a new position in EZCORP during the 1st quarter valued at about $902,000. Finally, Janney Montgomery Scott LLC grew its stake in shares of EZCORP by 680.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 148,480 shares of the credit services provider’s stock worth $2,186,000 after acquiring an additional 129,460 shares in the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on EZPW. Stephens restated an “equal weight” rating and set a $17.00 price target on shares of EZCORP in a research report on Tuesday, May 20th. Canaccord Genuity Group reissued a “buy” rating and set a $25.00 target price on shares of EZCORP in a research report on Friday, August 1st. BTIG Research started coverage on shares of EZCORP in a report on Wednesday, May 14th. They issued a “neutral” rating on the stock. Finally, Wall Street Zen raised EZCORP from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $18.50.

EZCORP Stock Performance

NASDAQ:EZPW opened at $16.66 on Thursday. The business’s fifty day moving average is $14.79 and its 200 day moving average is $14.47. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 13.02 and a beta of 0.63. The company has a debt-to-equity ratio of 0.52, a quick ratio of 5.00 and a current ratio of 6.31. EZCORP, Inc. has a 52-week low of $10.56 and a 52-week high of $16.87.

EZCORP (NASDAQ:EZPW) last posted its earnings results on Wednesday, July 30th. The credit services provider reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.10. EZCORP had a return on equity of 11.85% and a net margin of 7.96%.The business had revenue of $310.98 million during the quarter, compared to analyst estimates of $302.25 million. Research analysts predict that EZCORP, Inc. will post 1.3 EPS for the current year.

Insider Buying and Selling

In other EZCORP news, COO John Blair Jr. Powell sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $13.81, for a total transaction of $48,335.00. Following the sale, the chief operating officer owned 145,983 shares in the company, valued at $2,016,025.23. This trade represents a 2.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.13% of the stock is currently owned by corporate insiders.

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.