GSA Capital Partners LLP Buys 82,025 Shares of EZCORP, Inc. (NASDAQ:EZPW)

GSA Capital Partners LLP boosted its stake in EZCORP, Inc. (NASDAQ:EZPW) by 161.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 132,972 shares of the credit services provider’s stock after purchasing an additional 82,025 shares during the period. GSA Capital Partners LLP owned about 0.24% of EZCORP worth $1,491,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. lifted its stake in shares of 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 acquiring an additional 449,360 shares during the last quarter. Boston Partners raised its position in EZCORP by 59.5% in the first quarter. Boston Partners now owns 843,105 shares of the credit services provider’s stock valued at $9,553,000 after purchasing an additional 314,435 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of EZCORP by 62.0% during the second quarter. American Century Companies Inc. now owns 565,636 shares of the credit services provider’s stock valued at $5,922,000 after purchasing an additional 216,480 shares in the last quarter. Acadian Asset Management LLC grew its holdings in shares of EZCORP by 40.3% during the first quarter. Acadian Asset Management LLC now owns 551,267 shares of the credit services provider’s stock worth $6,244,000 after purchasing an additional 158,216 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of EZCORP in the second quarter valued at approximately $1,624,000. Institutional investors and hedge funds own 99.83% of the company’s stock.

Analyst Upgrades and Downgrades

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

EZCORP Price Performance

Shares of EZPW opened at $11.85 on Thursday. The business has a 50-day moving average of $11.34 and a 200-day moving average of $10.87. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.59 and a quick ratio of 1.99. The company has a market capitalization of $648.67 million, a price-to-earnings ratio of 11.29 and a beta of 1.03. EZCORP, Inc. has a 1 year low of $7.72 and a 1 year high of $12.23.

About EZCORP

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.