SG Americas Securities LLC Invests $280,000 in EZCORP, Inc. (NASDAQ:EZPW)

SG Americas Securities LLC bought a new stake in EZCORP, Inc. (NASDAQ:EZPW) during the third quarter, according to its most recent filing with the SEC. The firm bought 24,953 shares of the credit services provider’s stock, valued at approximately $280,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quarry LP grew its stake in EZCORP by 169.1% in the 2nd quarter. Quarry LP now owns 4,736 shares of the credit services provider’s stock valued at $50,000 after buying an additional 2,976 shares during the last quarter. Innealta Capital LLC acquired a new position in EZCORP in the 2nd quarter valued at $71,000. Allspring Global Investments Holdings LLC grew its stake in EZCORP by 63.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 11,412 shares of the credit services provider’s stock valued at $129,000 after buying an additional 4,451 shares during the last quarter. Dark Forest Capital Management LP acquired a new position in EZCORP in the 2nd quarter valued at $163,000. Finally, ARS Investment Partners LLC grew its stake in EZCORP by 12.7% in the 2nd quarter. ARS Investment Partners LLC now owns 16,874 shares of the credit services provider’s stock valued at $177,000 after buying an additional 1,899 shares during the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.

EZCORP Price Performance

Shares of EZCORP stock opened at $11.60 on Monday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.59 and a quick ratio of 1.99. EZCORP, Inc. has a fifty-two week low of $7.70 and a fifty-two week high of $12.23. The firm has a fifty day moving average price of $11.38 and a two-hundred day moving average price of $10.79. The company has a market cap of $637.33 million, a PE ratio of 11.15 and a beta of 1.02.

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

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a $19.00 target price on shares of EZCORP in a research note on Friday, October 4th.

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.