Bank of New York Mellon Corp Lowers Stock Position in EZCORP, Inc. (NASDAQ:EZPW)

Bank of New York Mellon Corp lessened its holdings in EZCORP, Inc. (NASDAQ:EZPW) by 7.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 303,362 shares of the credit services provider’s stock after selling 25,114 shares during the period. Bank of New York Mellon Corp owned about 0.55% of EZCORP worth $3,176,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Dimensional Fund Advisors LP raised its stake in shares of EZCORP by 0.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,313,154 shares of the credit services provider’s stock worth $37,697,000 after acquiring an additional 17,975 shares in the last quarter. Vanguard Group Inc. raised 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 raised its stake 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 worth $29,380,000 after acquiring an additional 60,329 shares in the last quarter. Stephens Investment Management Group LLC raised its stake in shares of EZCORP by 5.0% during the 4th quarter. Stephens Investment Management Group LLC now owns 2,510,414 shares of the credit services provider’s stock worth $21,941,000 after acquiring an additional 118,599 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in shares of 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 acquiring an additional 449,360 shares in the last quarter. Hedge funds and other institutional investors own 99.83% of the company’s stock.

EZCORP Trading Up 0.3 %

NASDAQ EZPW opened at $11.00 on Monday. The company has a quick ratio of 1.99, a current ratio of 2.59 and a debt-to-equity ratio of 0.28. EZCORP, Inc. has a 52 week low of $7.70 and a 52 week high of $12.23. The firm has a market cap of $604.36 million, a PE ratio of 10.58 and a beta of 1.02. The company has a 50 day moving average price of $11.01 and a 200 day moving average price of $10.71.

EZCORP (NASDAQ:EZPW) last posted its quarterly earnings data on Wednesday, July 31st. The credit services provider reported $0.23 EPS for the quarter, topping the consensus estimate of $0.22 by $0.01. EZCORP had a net margin of 6.87% and a return on equity of 10.64%. The business had revenue of $281.42 million during the quarter, compared to the consensus estimate of $281.69 million. As a group, sell-side analysts forecast that EZCORP, Inc. will post 1.13 EPS for the current fiscal year.

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.