Fox Run Management L.L.C. Purchases New Position in EZCORP, Inc. (NASDAQ:EZPW)

Fox Run Management L.L.C. acquired a new position in EZCORP, Inc. (NASDAQ:EZPW) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,419 shares of the credit services provider’s stock, valued at approximately $188,000.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC lifted its stake in EZCORP by 97.0% in the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock worth $39,000 after acquiring an additional 1,554 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of EZCORP during the fourth quarter valued at approximately $122,000. R Squared Ltd bought a new position in shares of EZCORP during the fourth quarter valued at approximately $186,000. Y Intercept Hong Kong Ltd purchased a new position in EZCORP during the fourth quarter valued at approximately $210,000. Finally, Los Angeles Capital Management LLC raised its stake in EZCORP by 47.5% in the fourth quarter. Los Angeles Capital Management LLC now owns 19,753 shares of the credit services provider’s stock worth $241,000 after buying an additional 6,360 shares in the last quarter. 99.83% of the stock is currently owned by hedge funds and other institutional investors.

EZCORP Price Performance

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

EZCORP (NASDAQ:EZPW) last released 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 net margin of 7.25% and a return on equity of 11.04%. As a group, equities analysts forecast that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Roth Mkm initiated coverage on EZCORP in a report on Monday, March 17th. They issued a “buy” rating and a $16.00 price target on the stock. Stephens reiterated an “equal weight” rating and issued a $13.50 target price on shares of EZCORP in a research note on Thursday, February 6th. Canaccord Genuity Group increased their price target 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. StockNews.com downgraded shares of EZCORP from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Roth Capital set a $16.00 target price on shares of EZCORP in a research report on Monday, March 17th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $16.88.

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.