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 providerâs stock after acquiring an additional 4,920 shares during the period. Metropolitan Life Insurance Co. NYâs 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 companyâs 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. EZCORPâs 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 âbuyâ rating to a âholdâ rating in a research note on Wednesday, June 6th. Sidoti upgraded shares of EZCORP from a âneutralâ rating to a âbuyâ rating in a research note on Thursday, June 28th. ValuEngine upgraded shares of EZCORP from a âholdâ rating to a âbuyâ rating in a research note on Thursday, August 9th. Finally, BidaskClub upgraded shares of EZCORP from a âsellâ rating to a âholdâ 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 companyâs stock. The stock presently has a consensus rating of âHoldâ 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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