Louisiana State Employees Retirement System Increases Position in EZCORP Inc (EZPW)

Louisiana State Employees Retirement System Increases Position in EZCORP Inc (EZPW)

A number of other large investors have also recently bought and sold shares of EZPW. BlackRock Investment Management LLC raised its stake in EZCORP by 1.8% in the third quarter. BlackRock Investment Management LLC now owns 240,911 shares of the credit services provider’s stock worth $2,664,000 after buying an additional 4,237 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its stake in EZCORP by 1.0% in the third quarter. Municipal Employees Retirement System of Michigan now owns 11,370 shares of the credit services provider’s stock worth $126,000 after buying an additional 110 shares in the last quarter. Emerald Acquisition Ltd. raised its stake in EZCORP by 2,720.8% in the third quarter. Emerald Acquisition Ltd. now owns 327,610 shares of the credit services provider’s stock worth $3,623,000 after buying an additional 315,996 shares in the last quarter. Fuller & Thaler Asset Management Inc. purchased a new stake in EZCORP during the third quarter worth approximately $3,291,000. Finally, Russell Investments Group Ltd. purchased a new stake in EZCORP during the fourth quarter worth approximately $4,671,000. Institutional investors own 87.57% of the company’s stock.

Louisiana State Employees Retirement System boosted its position in shares of EZCORP Inc (NASDAQ:EZPW) by 2.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,900 shares of the credit services provider’s stock after buying an additional 400 shares during the period. Louisiana State Employees Retirement System’s holdings in EZCORP were worth $162,000 at the end of the most recent quarter.

Shares of EZCORP Inc (NASDAQ:EZPW) opened at 8.50 on Wednesday. The company’s 50-day moving average is $8.76 and its 200-day moving average is $9.49. EZCORP Inc has a 12-month low of $6.26 and a 12-month high of $12.00. The company has a market capitalization of $461.48 million, a price-to-earnings ratio of 37.95 and a beta of 2.09.

EZCORP (NASDAQ:EZPW) last issued its quarterly earnings results on Wednesday, May 3rd. The credit services provider reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. The company had revenue of $189.60 million during the quarter, compared to the consensus estimate of $190.04 million. EZCORP had a positive return on equity of 1.23% and a negative net margin of 9.26%. EZCORP’s quarterly revenue was up .7% on a year-over-year basis. Analysts predict that EZCORP Inc will post $0.51 EPS for the current year.

EZPW has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of EZCORP from a “hold” rating to a “sell” rating in a report on Friday, February 10th. Stephens upgraded shares of EZCORP from an “underweight” rating to an “equal weight” rating in a report on Friday, April 7th. They noted that the move was a valuation call. Finally, TheStreet upgraded shares of EZCORP from a “d+” rating to a “c-” rating in a report on Friday, May 19th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $10.00.

About EZCORP

EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through three segments: U.S. Pawn, which includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:EZPW”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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