Principal Financial Group Inc. Sells 13,684 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Principal Financial Group Inc. decreased its position in shares of EZCORP, Inc. (NASDAQ:EZPW) by 5.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 251,270 shares of the credit services provider’s stock after selling 13,684 shares during the quarter. Principal Financial Group Inc. owned about 0.46% of EZCORP worth $2,631,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in EZPW. Assenagon Asset Management S.A. raised its holdings in EZCORP by 44.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,460,564 shares of the credit services provider’s stock worth $15,292,000 after purchasing an additional 449,360 shares during the last quarter. Boston Partners increased its stake in EZCORP by 59.5% during the 1st quarter. Boston Partners now owns 843,105 shares of the credit services provider’s stock valued at $9,553,000 after purchasing an additional 314,435 shares in the last quarter. Wasatch Advisors LP increased its stake in EZCORP by 9.9% during the 4th quarter. Wasatch Advisors LP now owns 2,532,799 shares of the credit services provider’s stock valued at $22,137,000 after purchasing an additional 228,013 shares in the last quarter. BNP Paribas Financial Markets increased its stake in EZCORP by 169.8% during the 1st quarter. BNP Paribas Financial Markets now owns 261,337 shares of the credit services provider’s stock valued at $2,961,000 after purchasing an additional 164,489 shares in the last quarter. Finally, Acadian Asset Management LLC increased its stake in EZCORP by 40.3% during the 1st quarter. Acadian Asset Management LLC now owns 551,267 shares of the credit services provider’s stock valued at $6,244,000 after purchasing an additional 158,216 shares in the last quarter. Institutional investors own 99.83% of the company’s stock.

EZCORP Stock Performance

Shares of EZPW stock opened at $10.88 on Thursday. The firm has a market capitalization of $597.77 million, a PE ratio of 10.46 and a beta of 1.02. The firm has a fifty day simple moving average of $10.96 and a two-hundred day simple moving average of $10.70. The company has a current ratio of 2.59, a quick ratio of 1.99 and a debt-to-equity ratio of 0.28. EZCORP, Inc. has a 12 month low of $7.70 and a 12 month high of $12.23.

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.