Encore Capital Group Inc $ECPG Shares Acquired by Globeflex Capital L P

Globeflex Capital L P grew its position in Encore Capital Group Inc (NASDAQ:ECPG) by 8.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 112,368 shares of the asset manager’s stock after acquiring an additional 9,130 shares during the period. Encore Capital Group comprises approximately 0.9% of Globeflex Capital L P’s investment portfolio, making the stock its 27th biggest position. Globeflex Capital L P owned approximately 0.50% of Encore Capital Group worth $6,107,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. AdvisorShares Investments LLC acquired a new position in shares of Encore Capital Group in the fourth quarter worth about $476,000. Hillsdale Investment Management Inc. acquired a new position in shares of Encore Capital Group in the fourth quarter worth about $7,453,000. Intech Investment Management LLC raised its position in shares of Encore Capital Group by 86.4% in the fourth quarter. Intech Investment Management LLC now owns 18,852 shares of the asset manager’s stock worth $1,025,000 after acquiring an additional 8,738 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Encore Capital Group by 185.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock worth $39,000 after acquiring an additional 466 shares during the period. Finally, IFP Advisors Inc raised its position in shares of Encore Capital Group by 1,729.6% in the fourth quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock worth $27,000 after acquiring an additional 467 shares during the period.

Analysts Set New Price Targets

A number of research analysts have weighed in on ECPG shares. Zacks Research upgraded shares of Encore Capital Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. Citizens Jmp upped their price objective on shares of Encore Capital Group from $90.00 to $108.00 and gave the stock a “market outperform” rating in a research report on Thursday, May 7th. Citigroup restated an “outperform” rating on shares of Encore Capital Group in a research report on Thursday, May 7th. Truist Financial upped their price target on shares of Encore Capital Group from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Wall Street Zen downgraded shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $86.25.

Encore Capital Group Stock Up 3.3%

ECPG opened at $80.60 on Friday. Encore Capital Group Inc has a twelve month low of $35.67 and a twelve month high of $92.64. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.90. The company has a 50-day moving average price of $78.87 and a 200 day moving average price of $65.19. The company has a market cap of $1.73 billion, a PE ratio of 6.25 and a beta of 1.30.

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

About Encore Capital Group

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.