Metropolitan Life Insurance Co. NY grew its stake in EZCORP Inc (NASDAQ:EZPW) by 33.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,779 shares of the credit services providerâ€™s stock after acquiring an additional 4,920 shares during the period. Metropolitan Life Insurance Co. NYâ€™s holdings in EZCORP were worth $238,000 at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of EZPW. Stevens Capital Management LP bought a new position in EZCORP in the 2nd quarter worth about $129,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of EZCORP during the second quarter valued at approximately $131,000. Koch Industries Inc. bought a new position in shares of EZCORP during the first quarter valued at approximately $144,000. Jane Street Group LLC bought a new position in shares of EZCORP during the first quarter valued at approximately $190,000. Finally, Hartford Investment Management Co. bought a new position in shares of EZCORP during the second quarter valued at approximately $217,000. Institutional investors and hedge funds own 97.22% of the companyâ€™s stock.
NASDAQ EZPW opened at $10.70 on Monday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.16 and a current ratio of 2.72. EZCORP Inc has a 52-week low of $9.00 and a 52-week high of $15.10. The company has a market cap of $582.76 million, a PE ratio of 17.26 and a beta of 1.42.EZCORP (NASDAQ:EZPW) last released its quarterly earnings data on Wednesday, August 1st. The credit services provider reported $0.14 earnings per share (EPS) for the quarter, missing the Zacksâ€™ consensus estimate of $0.15 by ($0.01). EZCORP had a net margin of 6.41% and a return on equity of 6.90%. The business had revenue of $199.94 million for the quarter, compared to the consensus estimate of $198.24 million. During the same quarter in the prior year, the business posted $0.12 earnings per share. EZCORPâ€™s revenue for the quarter was up 8.9% on a year-over-year basis. equities analysts predict that EZCORP Inc will post 0.75 earnings per share for the current year.
A number of research firms have recently issued reports on EZPW. Zacks Investment Research downgraded shares of EZCORP from a â€śbuyâ€ť rating to a â€śholdâ€ť rating in a research note on Wednesday, June 6th. Sidoti upgraded shares of EZCORP from a â€śneutralâ€ť rating to a â€śbuyâ€ť rating in a research note on Thursday, June 28th. ValuEngine upgraded shares of EZCORP from a â€śholdâ€ť rating to a â€śbuyâ€ť rating in a research note on Thursday, August 9th. Finally, BidaskClub upgraded shares of EZCORP from a â€śsellâ€ť rating to a â€śholdâ€ť rating in a research note on Saturday, August 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the companyâ€™s stock. The stock presently has a consensus rating of â€śHoldâ€ť and a consensus price target of $16.50.
EZCORP, Inc provides pawn loans. The company operates through three segments: U.S. Pawn, Mexico Pawn, and Other International. It offers pawn loans, which are non-recourse loans collateralized by tangible personal property, such as jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, including collateral forfeited from pawn lending operations and used merchandise purchased from customers.
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