Counterpoint Mutual Funds LLC Makes New Investment in Encore Capital Group Inc $ECPG

Counterpoint Mutual Funds LLC bought a new stake in Encore Capital Group Inc (NASDAQ:ECPG) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,096 shares of the asset manager’s stock, valued at approximately $568,000.

Several other large investors also recently modified their holdings of ECPG. AQR Capital Management LLC raised its position in shares of Encore Capital Group by 78.0% during the fourth quarter. AQR Capital Management LLC now owns 412,498 shares of the asset manager’s stock worth $22,419,000 after purchasing an additional 180,733 shares during the period. Hillsdale Investment Management Inc. acquired a new position in shares of Encore Capital Group in the 4th quarter valued at approximately $7,453,000. Jane Street Group LLC grew its position in shares of Encore Capital Group by 488.1% in the 4th quarter. Jane Street Group LLC now owns 154,128 shares of the asset manager’s stock valued at $8,377,000 after purchasing an additional 127,920 shares during the period. First Trust Advisors LP grew its position in shares of Encore Capital Group by 379.7% in the 3rd quarter. First Trust Advisors LP now owns 98,817 shares of the asset manager’s stock valued at $4,125,000 after purchasing an additional 78,217 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in Encore Capital Group by 476.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 92,978 shares of the asset manager’s stock worth $3,599,000 after purchasing an additional 76,852 shares in the last quarter.

Encore Capital Group Price Performance

NASDAQ:ECPG opened at $90.61 on Friday. The stock has a 50-day simple moving average of $83.23 and a 200 day simple moving average of $70.07. Encore Capital Group Inc has a 52-week low of $35.67 and a 52-week high of $94.60. The company has a market cap of $1.94 billion, a PE ratio of 7.03 and a beta of 1.27. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.90 and a current ratio of 0.90.

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

Insider Activity at Encore Capital Group

In other news, insider John Yung sold 2,000 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $82.08, for a total value of $164,160.00. Following the sale, the insider owned 64,570 shares of the company’s stock, valued at $5,299,905.60. The trade was a 3.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have commented on ECPG shares. Zacks Research upgraded shares of Encore Capital Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Citizens Jmp upped their price target on shares of Encore Capital Group from $108.00 to $115.00 and gave the company a “market outperform” rating in a report on Wednesday, June 17th. Truist Financial increased their price objective 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. Weiss Ratings lowered shares of Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Encore Capital Group in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $88.00.

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.