Los Angeles Capital Management LLC Buys New Position in EZCORP, Inc. (NASDAQ:EZPW)

Los Angeles Capital Management LLC purchased a new position in shares of EZCORP, Inc. (NASDAQ:EZPW) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 13,393 shares of the credit services provider’s stock, valued at approximately $150,000.

Other institutional investors have also modified their holdings of the company. Janney Montgomery Scott LLC purchased a new stake in EZCORP in the first quarter valued at approximately $525,000. State Board of Administration of Florida Retirement System purchased a new stake in shares of EZCORP during the 1st quarter worth about $365,000. Vanguard Group Inc. increased its position in EZCORP by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 3,301,392 shares of the credit services provider’s stock worth $37,405,000 after purchasing an additional 34,821 shares in the last quarter. Acadian Asset Management LLC raised its holdings in EZCORP by 40.3% in the first quarter. Acadian Asset Management LLC now owns 551,267 shares of the credit services provider’s stock valued at $6,244,000 after buying an additional 158,216 shares during the period. Finally, UniSuper Management Pty Ltd acquired a new position in EZCORP during the first quarter valued at approximately $474,000. Institutional investors and hedge funds own 99.83% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on EZPW shares. Stephens began coverage on shares of EZCORP in a research report on Wednesday, November 13th. They set an “equal weight” rating and a $13.00 price target for 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.

EZCORP Trading Up 1.2 %

EZPW opened at $12.06 on Tuesday. The firm’s 50 day moving average is $11.35 and its 200-day moving average is $10.88. EZCORP, Inc. has a 52-week low of $7.72 and a 52-week high of $12.23. The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $660.16 million, a P/E ratio of 10.86 and a beta of 1.03.

EZCORP Company 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.