UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 15,050 Shares of EZCORP, Inc. (NASDAQ:EZPW)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in shares of EZCORP, Inc. (NASDAQ:EZPW) by 14.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,117 shares of the credit services provider’s stock after selling 15,050 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in EZCORP were worth $977,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. USA Financial Formulas purchased a new stake in EZCORP during the third quarter worth about $32,000. Quarry LP grew its position in shares of EZCORP by 169.1% during the 2nd 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 during the period. Innealta Capital LLC bought a new position in shares of EZCORP during the 2nd quarter valued at approximately $71,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of EZCORP during the 3rd quarter worth approximately $106,000. Finally, nVerses Capital LLC raised its holdings in shares of EZCORP by 640.0% in 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 during the period. 99.83% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at EZCORP

In other news, CRO Nicole Swies sold 10,000 shares of the stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $12.47, for a total value of $124,700.00. Following the sale, the executive now directly owns 101,813 shares of the company’s stock, valued at approximately $1,269,608.11. This represents a 8.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Sunil Sajnani sold 34,493 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $12.42, for a total transaction of $428,403.06. Following the completion of the transaction, the insider now owns 66,242 shares of the company’s stock, valued at $822,725.64. This trade represents a 34.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.13% of the stock is owned by company insiders.

EZCORP Stock Performance

NASDAQ EZPW opened at $11.70 on Thursday. The firm has a market cap of $637.24 million, a P/E ratio of 10.54 and a beta of 1.05. 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 company’s 50 day moving average is $11.94 and its 200-day moving average is $11.20. EZCORP, Inc. has a 12-month low of $8.20 and a 12-month high of $12.85.

Wall Street Analysts Forecast Growth

EZPW has been the subject of several research reports. Stephens started coverage on EZCORP in a report on Wednesday, November 13th. They set an “equal weight” rating and a $13.00 price objective for the company. Canaccord Genuity Group reaffirmed a “buy” rating and set a $19.00 price target on shares of EZCORP in a research report 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.