First Trust Advisors LP Buys 24,025 Shares of EZCORP Inc (NASDAQ:EZPW)

First Trust Advisors LP grew its stake in EZCORP Inc (NASDAQ:EZPW) by 25.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 119,042 shares of the credit services provider’s stock after purchasing an additional 24,025 shares during the quarter. First Trust Advisors LP’s holdings in EZCORP were worth $768,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Stone Ridge Asset Management LLC grew its holdings in shares of EZCORP by 6.0% in the 2nd quarter. Stone Ridge Asset Management LLC now owns 31,660 shares of the credit services provider’s stock valued at $300,000 after acquiring an additional 1,800 shares in the last quarter. LPL Financial LLC grew its holdings in shares of EZCORP by 10.1% in the 2nd quarter. LPL Financial LLC now owns 23,126 shares of the credit services provider’s stock valued at $219,000 after acquiring an additional 2,121 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of EZCORP by 15.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 16,148 shares of the credit services provider’s stock valued at $155,000 after acquiring an additional 2,171 shares in the last quarter. Swiss National Bank grew its holdings in shares of EZCORP by 3.8% in the 2nd quarter. Swiss National Bank now owns 97,650 shares of the credit services provider’s stock valued at $925,000 after acquiring an additional 3,600 shares in the last quarter. Finally, Quantamental Technologies LLC grew its holdings in shares of EZCORP by 373.3% in the 2nd quarter. Quantamental Technologies LLC now owns 5,112 shares of the credit services provider’s stock valued at $48,000 after acquiring an additional 4,032 shares in the last quarter. Institutional investors own 95.07% of the company’s stock.

EZCORP stock opened at $5.10 on Tuesday. EZCORP Inc has a 52 week low of $4.77 and a 52 week high of $11.25. The company has a debt-to-equity ratio of 0.32, a quick ratio of 5.66 and a current ratio of 8.07. The stock has a market capitalization of $284.41 million, a P/E ratio of 6.46 and a beta of 1.67. The stock has a 50-day simple moving average of $5.32 and a 200 day simple moving average of $7.73.

EZPW has been the subject of several analyst reports. Zacks Investment Research cut EZCORP from a “hold” rating to a “sell” rating in a report on Wednesday, October 9th. BidaskClub upgraded EZCORP from a “strong sell” rating to a “sell” rating in a report on Monday, November 25th. Jefferies Financial Group cut EZCORP from a “buy” rating to a “hold” rating in a report on Tuesday, October 8th. TheStreet cut EZCORP from a “b-” rating to a “c” rating in a report on Monday, August 5th. Finally, ValuEngine upgraded EZCORP from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 2nd. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $12.50.

EZCORP Company Profile

EZCORP, Inc provides pawn loans. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other International. The company offers pawn loans, which are non-recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, such as collateral forfeited from pawn lending operations and used merchandise purchased from customers.

See Also: How to start trading in the forex market?

Want to see what other hedge funds are holding EZPW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EZCORP Inc (NASDAQ:EZPW).

Institutional Ownership by Quarter for EZCORP (NASDAQ:EZPW)

Receive News & Ratings for EZCORP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EZCORP and related companies with MarketBeat.com's FREE daily email newsletter.