EZCORP, Inc. (NASDAQ:EZPW) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. trimmed its stake in shares of EZCORP, Inc. (NASDAQ:EZPW) by 4.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 240,449 shares of the credit services provider’s stock after selling 10,821 shares during the period. Principal Financial Group Inc. owned about 0.44% of EZCORP worth $2,695,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. State Board of Administration of Florida Retirement System purchased a new stake in EZCORP during the first quarter valued at about $365,000. Vanguard Group Inc. lifted its position in shares of EZCORP by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 3,301,392 shares of the credit services provider’s stock valued at $37,405,000 after acquiring an additional 34,821 shares in the last quarter. UniSuper Management Pty Ltd acquired a new position in EZCORP in the 1st quarter worth approximately $474,000. Quadrature Capital Ltd purchased a new position in EZCORP during the 1st quarter worth approximately $441,000. Finally, Caxton Associates LP acquired a new stake in EZCORP during the 1st quarter valued at $436,000. Institutional investors and hedge funds own 99.83% of the company’s stock.

EZCORP Stock Up 4.2 %

EZCORP stock opened at $12.60 on Friday. The firm’s 50 day moving average price is $11.43 and its two-hundred day moving average price is $10.92. The firm has a market cap of $686.26 million, a PE ratio of 11.20 and a beta of 1.03. EZCORP, Inc. has a twelve month low of $7.72 and a twelve month high of $12.64. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.99 and a current ratio of 2.71.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $19.00 target price on shares of EZCORP in a research report on Friday, October 4th. Stephens assumed coverage on EZCORP in a research note on Wednesday, November 13th. They issued an “equal weight” rating and a $13.00 price objective for the company.

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.