AdvisorShares Investments LLC Invests $476,000 in Encore Capital Group Inc $ECPG

AdvisorShares Investments LLC purchased a new stake in shares of Encore Capital Group Inc (NASDAQ:ECPG) in the 4th quarter, Holdings Channel reports. The fund purchased 8,750 shares of the asset manager’s stock, valued at approximately $476,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its holdings in Encore Capital Group by 29.1% during the 4th quarter. Allworth Financial LP now owns 1,139 shares of the asset manager’s stock valued at $62,000 after purchasing an additional 257 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Encore Capital Group by 0.5% during the 4th quarter. SG Americas Securities LLC now owns 66,825 shares of the asset manager’s stock valued at $3,632,000 after purchasing an additional 326 shares during the last quarter. Rhumbline Advisers lifted its holdings in Encore Capital Group by 0.5% during the 3rd quarter. Rhumbline Advisers now owns 70,836 shares of the asset manager’s stock valued at $2,957,000 after purchasing an additional 367 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Encore Capital Group by 185.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock valued at $39,000 after purchasing an additional 466 shares during the last quarter. Finally, IFP Advisors Inc lifted its holdings in Encore Capital Group by 1,729.6% during the 4th quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock valued at $27,000 after purchasing an additional 467 shares during the last quarter.

Encore Capital Group Trading Down 0.4%

Shares of NASDAQ ECPG opened at $79.93 on Friday. Encore Capital Group Inc has a 1-year low of $35.67 and a 1-year high of $92.64. The company has a market cap of $1.71 billion, a PE ratio of 6.20 and a beta of 1.33. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.90. The company has a 50-day moving average of $78.13 and a two-hundred day moving average of $64.25.

Encore Capital Group (NASDAQ:ECPG) last posted its quarterly earnings data on Wednesday, May 6th. The asset manager reported $3.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.84. The firm had revenue of $475.41 million for the quarter, compared to the consensus estimate of $446.26 million. Encore Capital Group had a return on equity of 30.70% and a net margin of 16.00%.The business’s revenue for the quarter was up 21.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.93 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. As a group, equities analysts expect that Encore Capital Group Inc will post 13.01 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Ryan B. Bell sold 7,240 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $69.04, for a total transaction of $499,849.60. Following the transaction, the insider owned 48,170 shares of the company’s stock, valued at $3,325,656.80. This represents a 13.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 3.00% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on ECPG shares. Citigroup reissued an “outperform” rating on shares of Encore Capital Group in a report on Thursday, May 7th. Wall Street Zen downgraded shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research raised shares of Encore Capital Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Truist Financial lifted their price target on shares of Encore Capital Group from $100.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Citizens Jmp lifted their price target on shares of Encore Capital Group from $90.00 to $108.00 and gave the company a “market outperform” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Encore Capital Group currently has an average rating of “Buy” and an average price target of $86.25.

Encore Capital Group Profile

Encore Capital Group, Inc is a global specialty finance company that focuses on the purchase and management of nonperforming consumer receivables. Through its subsidiaries, the company acquires charged-off debt portfolios from credit card issuers, banks, and other financial institutions, and seeks to recover outstanding balances through a combination of customer outreach, payment arrangements, and, where appropriate, legal collection efforts. Encore’s business model emphasizes compliance with regulatory and industry standards to ensure ethical and transparent debt-recovery practices.

Headquartered in San Diego, California, Encore operates across North America and Europe.