EZCORP, Inc. (NASDAQ:EZPW) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC grew its position in shares of EZCORP, Inc. (NASDAQ:EZPW) by 246.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,833 shares of the credit services provider’s stock after purchasing an additional 23,363 shares during the period. Allspring Global Investments Holdings LLC owned 0.06% of EZCORP worth $401,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC boosted its position in shares of EZCORP by 97.0% in 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 during the last quarter. Stephens Inc. AR purchased a new stake in shares of EZCORP during the third quarter valued at approximately $138,000. Los Angeles Capital Management LLC acquired a new stake in shares of EZCORP during the third quarter worth approximately $150,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of EZCORP during the third quarter worth approximately $181,000. Finally, R Squared Ltd acquired a new position in EZCORP in the fourth quarter worth $186,000. 99.83% of the stock is owned by institutional investors and hedge funds.

Insider Activity at EZCORP

In related news, CRO Nicole Swies sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $12.47, for a total value of $124,700.00. Following the completion of the sale, the executive now directly owns 101,813 shares in the company, valued at approximately $1,269,608.11. The trade was a 8.94 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.13% of the stock is currently owned by company insiders.

EZCORP Price Performance

NASDAQ EZPW opened at $13.40 on Tuesday. The stock’s 50-day moving average price is $12.55 and its two-hundred day moving average price is $11.98. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. The company has a market cap of $736.18 million, a PE ratio of 11.65 and a beta of 1.01. EZCORP, Inc. has a 1 year low of $9.65 and a 1 year high of $14.50.

EZCORP (NASDAQ:EZPW) last released its earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.07. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. On average, analysts predict that EZCORP, Inc. will post 1.3 EPS for the current year.

Analyst Ratings Changes

A number of research firms have commented on EZPW. Canaccord Genuity Group lifted their price objective on shares of EZCORP from $19.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Stephens reiterated an “equal weight” rating and issued a $13.50 price target on shares of EZCORP in a research report on Thursday, February 6th.

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.