PDT Partners LLC Has $1.08 Million Holdings in EZCORP, Inc. (NASDAQ:EZPW)

PDT Partners LLC grew its position in EZCORP, Inc. (NASDAQ:EZPW) by 47.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 95,996 shares of the credit services provider’s stock after purchasing an additional 31,105 shares during the period. PDT Partners LLC’s holdings in EZCORP were worth $1,076,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. grew its holdings in EZCORP by 44.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,460,564 shares of the credit services provider’s stock valued at $15,292,000 after buying an additional 449,360 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in EZCORP by 449.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 333,539 shares of the credit services provider’s stock worth $3,739,000 after acquiring an additional 272,815 shares during the period. American Century Companies Inc. increased its position in EZCORP by 62.0% during the second quarter. American Century Companies Inc. now owns 565,636 shares of the credit services provider’s stock worth $5,922,000 after acquiring an additional 216,480 shares during the period. Marshall Wace LLP acquired a new stake in EZCORP in the 2nd quarter worth about $1,624,000. Finally, Fourth Sail Capital LP boosted its holdings in EZCORP by 21.5% in the 2nd quarter. Fourth Sail Capital LP now owns 718,947 shares of the credit services provider’s stock valued at $7,527,000 after purchasing an additional 127,070 shares during the period. 99.83% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Canaccord Genuity Group reaffirmed a “buy” rating and set a $19.00 target price on shares of EZCORP in a report on Friday, October 4th. Stephens assumed coverage on EZCORP in a research note on Wednesday, November 13th. They set an “equal weight” rating and a $13.00 price objective on the stock.

EZCORP Price Performance

EZPW stock opened at $12.80 on Monday. The company’s 50-day moving average price is $11.64 and its two-hundred day moving average price is $11.02. EZCORP, Inc. has a 12 month low of $8.06 and a 12 month high of $12.85. The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.28. The firm has a market cap of $697.22 million, a P/E ratio of 11.53 and a beta of 1.03.

Insider Activity at EZCORP

In other EZCORP news, insider Sunil Sajnani sold 34,493 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $12.42, for a total value of $428,403.06. Following the sale, the insider now owns 66,242 shares of the company’s stock, valued at approximately $822,725.64. This trade represents a 34.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.13% of the stock is currently owned by insiders.

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.