Bank of New York Mellon Corp Has $3.72 Million Stock Position in EZCORP, Inc. (NASDAQ:EZPW)

Bank of New York Mellon Corp grew its holdings in shares of EZCORP, Inc. (NASDAQ:EZPW) by 1.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 304,235 shares of the credit services provider’s stock after purchasing an additional 5,034 shares during the quarter. Bank of New York Mellon Corp owned about 0.56% of EZCORP worth $3,718,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. GAMMA Investing LLC increased its position 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 buying an additional 1,554 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of EZCORP during the 3rd quarter valued at about $150,000. Oppenheimer Asset Management Inc. acquired a new position in shares of EZCORP during the 3rd quarter valued at about $181,000. R Squared Ltd bought a new position in shares of EZCORP in the 4th quarter valued at approximately $186,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in EZCORP in the 4th quarter worth approximately $210,000. Institutional investors and hedge funds own 99.83% of the company’s stock.

Analyst Ratings Changes

EZPW has been the subject of a number of research analyst reports. Roth Mkm initiated coverage on shares of EZCORP in a research report on Monday. They set a “buy” rating and a $16.00 target price for the company. Canaccord Genuity Group boosted their price objective on EZCORP from $19.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Stephens restated an “equal weight” rating and set a $13.50 target price on shares of EZCORP in a research note on Thursday, February 6th. Finally, Roth Capital set a $16.00 price target on EZCORP in a research report on Monday. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, EZCORP currently has a consensus rating of “Buy” and an average target price of $16.88.

EZCORP Stock Up 1.0 %

EZCORP stock opened at $13.95 on Wednesday. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. EZCORP, Inc. has a 1-year low of $9.66 and a 1-year high of $14.50. The company has a fifty day simple moving average of $13.00 and a 200 day simple moving average of $12.18. The company has a market cap of $766.40 million, a P/E ratio of 12.13 and a beta of 0.89.

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

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.