Empowered Funds LLC Increases Stock Position in EZCORP, Inc. (NASDAQ:EZPW)

Empowered Funds LLC lifted its holdings in shares of EZCORP, Inc. (NASDAQ:EZPW) by 5.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 324,807 shares of the credit services provider’s stock after purchasing an additional 16,482 shares during the period. Empowered Funds LLC owned about 0.59% of EZCORP worth $3,641,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of EZPW. USA Financial Formulas acquired a new stake in EZCORP during the 3rd quarter valued at $32,000. Quarry LP lifted its position in shares of EZCORP by 169.1% in the second quarter. Quarry LP now owns 4,736 shares of the credit services provider’s stock valued at $50,000 after acquiring an additional 2,976 shares in the last quarter. Innealta Capital LLC purchased a new stake in shares of EZCORP in the second quarter valued at $71,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of EZCORP during the third quarter valued at $106,000. Finally, nVerses Capital LLC increased its position in EZCORP by 640.0% during the 3rd quarter. nVerses Capital LLC now owns 11,100 shares of the credit services provider’s stock worth $124,000 after purchasing an additional 9,600 shares in the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.

EZCORP Price Performance

Shares of NASDAQ:EZPW opened at $12.06 on Tuesday. The company has a market cap of $660.16 million, a P/E ratio of 10.86 and a beta of 1.03. The business has a fifty day simple moving average of $11.35 and a 200-day simple moving average of $10.88. EZCORP, Inc. has a 52 week low of $7.72 and a 52 week high of $12.23. The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.28.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on EZPW shares. Stephens initiated coverage on shares of EZCORP in a report on Wednesday, November 13th. They issued an “equal weight” rating and a $13.00 target price on the stock. Canaccord Genuity Group reissued a “buy” rating and set a $19.00 price objective 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.