Prescott Group Capital Management L.L.C. Acquires 66,528 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Prescott Group Capital Management L.L.C. increased its holdings in shares of EZCORP, Inc. (NASDAQ:EZPW) by 32.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 271,393 shares of the credit services provider’s stock after acquiring an additional 66,528 shares during the period. Prescott Group Capital Management L.L.C. owned about 0.49% of EZCORP worth $3,316,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC raised its stake in EZCORP by 97.0% during 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 in the last quarter. Stephens Inc. AR bought a new stake in shares of EZCORP in the 3rd quarter worth about $138,000. Los Angeles Capital Management LLC acquired a new stake in shares of EZCORP during the 3rd quarter worth about $150,000. Oppenheimer Asset Management Inc. bought a new position in EZCORP during the 3rd quarter valued at about $181,000. Finally, R Squared Ltd acquired a new position in EZCORP in the fourth quarter valued at about $186,000. Institutional investors own 99.83% of the company’s stock.

EZCORP Stock Up 0.4 %

Shares of NASDAQ:EZPW opened at $13.34 on Friday. EZCORP, Inc. has a 12 month low of $9.66 and a 12 month high of $14.50. The firm has a market cap of $732.89 million, a P/E ratio of 11.60 and a beta of 0.89. The company has a quick ratio of 2.13, a current ratio of 2.91 and a debt-to-equity ratio of 0.27. The company’s 50-day moving average price is $12.78 and its two-hundred day moving average price is $12.07.

EZCORP (NASDAQ:EZPW) last issued its quarterly earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates 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, research analysts forecast that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on EZPW. Stephens reaffirmed an “equal weight” rating and set a $13.50 price objective on shares of EZCORP in a report on Thursday, February 6th. Canaccord Genuity Group raised their price target on EZCORP from $19.00 to $22.00 and gave the company a “buy” rating in a report on Friday, February 7th.

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.