Sei Investments Co. Purchases 32,537 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Sei Investments Co. lifted its position in EZCORP, Inc. (NASDAQ:EZPW) by 108.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,672 shares of the credit services provider’s stock after acquiring an additional 32,537 shares during the quarter. Sei Investments Co. owned 0.11% of EZCORP worth $656,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Innealta Capital LLC bought a new stake in EZCORP in the second quarter worth about $71,000. Allspring Global Investments Holdings LLC boosted its holdings in EZCORP by 63.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 11,412 shares of the credit services provider’s stock valued at $129,000 after acquiring an additional 4,451 shares during the period. ARS Investment Partners LLC grew its position in EZCORP by 12.7% in the 2nd quarter. ARS Investment Partners LLC now owns 16,874 shares of the credit services provider’s stock valued at $177,000 after acquiring an additional 1,899 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in EZCORP in the first quarter worth $270,000. Finally, Natixis Advisors LLC bought a new stake in shares of EZCORP during the second quarter worth $265,000. 99.83% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and issued a $19.00 price target on shares of EZCORP in a report on Friday, October 4th.

EZCORP Stock Performance

EZCORP stock opened at $11.18 on Wednesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.99 and a current ratio of 2.59. The company has a market capitalization of $614.25 million, a PE ratio of 10.75 and a beta of 1.02. The company has a 50 day moving average price of $11.31 and a 200-day moving average price of $10.77. EZCORP, Inc. has a fifty-two week low of $7.70 and a fifty-two week high of $12.23.

EZCORP (NASDAQ:EZPW) last issued its earnings results on Wednesday, July 31st. The credit services provider reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. EZCORP had a return on equity of 10.64% and a net margin of 6.87%. The business had revenue of $281.42 million during the quarter, compared to analyst estimates of $281.69 million. As a group, equities analysts forecast that EZCORP, Inc. will post 1.13 earnings per share for the current year.

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.