nVerses Capital LLC Increases Position in EZCORP, Inc. (NASDAQ:EZPW)

nVerses Capital LLC boosted its holdings in EZCORP, Inc. (NASDAQ:EZPW) by 640.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,100 shares of the credit services provider’s stock after purchasing an additional 9,600 shares during the quarter. nVerses Capital LLC’s holdings in EZCORP were worth $124,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Point72 Asset Management L.P. grew its holdings in EZCORP by 4.1% in the second quarter. Point72 Asset Management L.P. now owns 32,699 shares of the credit services provider’s stock worth $342,000 after purchasing an additional 1,299 shares during the period. ARS Investment Partners LLC grew its holdings in shares of EZCORP by 12.7% during the second quarter. ARS Investment Partners LLC now owns 16,874 shares of the credit services provider’s stock valued at $177,000 after buying an additional 1,899 shares during the last quarter. ClariVest Asset Management LLC grew its holdings in shares of EZCORP by 2.9% during the second quarter. ClariVest Asset Management LLC now owns 102,868 shares of the credit services provider’s stock valued at $1,077,000 after buying an additional 2,876 shares during the last quarter. USA Financial Formulas purchased a new stake in shares of EZCORP during the third quarter valued at approximately $32,000. Finally, Quarry LP grew its holdings in shares of EZCORP by 169.1% during the second quarter. Quarry LP now owns 4,736 shares of the credit services provider’s stock valued at $50,000 after buying an additional 2,976 shares during the last quarter. Hedge funds and other institutional investors own 99.83% of the company’s stock.

EZCORP Trading Down 1.7 %

NASDAQ:EZPW opened at $11.60 on Monday. The company’s 50 day moving average price is $11.38 and its 200-day moving average price is $10.79. EZCORP, Inc. has a 52 week low of $7.70 and a 52 week high of $12.23. The company has a quick ratio of 1.99, a current ratio of 2.59 and a debt-to-equity ratio of 0.28. The stock has a market cap of $637.33 million, a price-to-earnings ratio of 11.15 and a beta of 1.02.

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

Wall Street Analysts Forecast Growth

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

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.