Victory Capital Management Inc. Lowers Position in EZCORP, Inc. (NASDAQ:EZPW)

Victory Capital Management Inc. trimmed its position in shares of EZCORP, Inc. (NASDAQ:EZPW) by 13.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,500 shares of the credit services provider’s stock after selling 13,500 shares during the quarter. Victory Capital Management Inc. owned approximately 0.16% of EZCORP worth $927,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its position in EZCORP by 0.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,313,154 shares of the credit services provider’s stock valued at $37,697,000 after buying an additional 17,975 shares during the period. Vanguard Group Inc. boosted its stake in shares of 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 acquiring an additional 34,821 shares in the last quarter. Wasatch Advisors LP grew its position in shares of EZCORP by 2.4% during the 1st quarter. Wasatch Advisors LP now owns 2,593,128 shares of the credit services provider’s stock valued at $29,380,000 after acquiring an additional 60,329 shares during the period. Stephens Investment Management Group LLC increased its stake in shares of EZCORP by 5.0% in the 4th quarter. Stephens Investment Management Group LLC now owns 2,510,414 shares of the credit services provider’s stock valued at $21,941,000 after purchasing an additional 118,599 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in EZCORP by 44.4% in 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 period. 99.83% of the stock is currently owned by institutional investors and hedge funds.

EZCORP Stock Performance

Shares of EZPW stock opened at $10.77 on Friday. 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. The business’s 50 day moving average is $11.11 and its two-hundred day moving average is $10.72. The company has a market capitalization of $591.73 million, a P/E ratio of 10.36 and a beta of 1.02.

EZCORP (NASDAQ:EZPW) last announced its earnings results on Wednesday, July 31st. The credit services provider reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. The firm had revenue of $281.42 million for the quarter, compared to analyst estimates of $281.69 million. EZCORP had a return on equity of 10.64% and a net margin of 6.87%. Analysts expect that EZCORP, Inc. will post 1.13 EPS 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.