Royce & Associates LP Acquires 59,795 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Royce & Associates LP boosted its holdings in EZCORP, Inc. (NASDAQ:EZPW) by 19.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 370,697 shares of the credit services provider’s stock after acquiring an additional 59,795 shares during the quarter. Royce & Associates LP’s holdings in EZCORP were worth $4,156,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. USA Financial Formulas bought a new stake in shares of EZCORP in the 3rd quarter valued at approximately $32,000. Quarry LP raised 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 acquiring an additional 2,976 shares in the last quarter. Innealta Capital LLC bought a new position in shares of EZCORP during the second quarter valued at $71,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of EZCORP in the 3rd quarter valued at $106,000. Finally, nVerses Capital LLC grew its holdings in shares of EZCORP by 640.0% in the 3rd quarter. nVerses Capital LLC now owns 11,100 shares of the credit services provider’s stock worth $124,000 after purchasing an additional 9,600 shares during the last quarter. Institutional investors and hedge funds own 99.83% of the company’s stock.

EZCORP Stock Performance

Shares of NASDAQ:EZPW opened at $12.06 on Tuesday. EZCORP, Inc. has a 1-year low of $7.72 and a 1-year high of $12.23. The business has a 50-day moving average price of $11.35 and a two-hundred day moving average price of $10.88. 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 stock has a market capitalization of $660.16 million, a P/E ratio of 10.86 and a beta of 1.03.

Analyst Upgrades and Downgrades

EZPW has been the topic of a number of recent analyst reports. Stephens started coverage on shares of EZCORP in a research report on Wednesday, November 13th. They issued an “equal weight” rating and a $13.00 price target on the stock. Canaccord Genuity Group restated a “buy” rating and set a $19.00 price target on shares of EZCORP in a research report on Friday, October 4th.

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.