Encore Capital Group, Inc. (NASDAQ:ECPG) insider Paul Grinberg sold 19,273 shares of the firm’s stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $40.82, for a total transaction of $786,723.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Paul Grinberg also recently made the following trade(s):

  • On Wednesday, December 26th, Paul Grinberg sold 37,546 shares of Encore Capital Group stock. The stock was sold at an average price of $42.43, for a total transaction of $1,593,076.78.
  • On Tuesday, December 26th, Paul Grinberg sold 38,546 shares of Encore Capital Group stock. The stock was sold at an average price of $42.43, for a total transaction of $1,635,506.78.

Encore Capital Group, Inc. (NASDAQ ECPG) remained flat at $$41.15 during trading hours on Friday. The stock had a trading volume of 488,200 shares, compared to its average volume of 230,692. The company has a market capitalization of $1,060.00, a P/E ratio of 11.69, a P/E/G ratio of 0.78 and a beta of 1.82. Encore Capital Group, Inc. has a 1-year low of $28.95 and a 1-year high of $52.00. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 5.60.

Encore Capital Group (NASDAQ:ECPG) last released its quarterly earnings data on Thursday, November 2nd. The asset manager reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.24. Encore Capital Group had a net margin of 8.18% and a return on equity of 17.27%. equities research analysts anticipate that Encore Capital Group, Inc. will post 3.91 EPS for the current year.

Several analysts have issued reports on ECPG shares. SunTrust Banks restated a “buy” rating and issued a $57.00 price target on shares of Encore Capital Group in a research report on Friday, November 3rd. BidaskClub lowered shares of Encore Capital Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 7th. Oppenheimer started coverage on shares of Encore Capital Group in a research report on Monday, January 8th. They issued a “buy” rating and a $53.00 price target on the stock. Janney Montgomery Scott restated a “hold” rating on shares of Encore Capital Group in a research report on Saturday, November 18th. Finally, Zacks Investment Research upgraded shares of Encore Capital Group from a “sell” rating to a “hold” rating in a research report on Monday, November 6th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $48.10.

Several large investors have recently added to or reduced their stakes in the company. Voya Investment Management LLC lifted its holdings in shares of Encore Capital Group by 6.7% during the 2nd quarter. Voya Investment Management LLC now owns 12,510 shares of the asset manager’s stock worth $502,000 after acquiring an additional 785 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Encore Capital Group by 3.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 27,504 shares of the asset manager’s stock worth $1,104,000 after acquiring an additional 912 shares during the period. American International Group Inc. lifted its holdings in shares of Encore Capital Group by 5.8% during the 3rd quarter. American International Group Inc. now owns 18,972 shares of the asset manager’s stock worth $840,000 after acquiring an additional 1,036 shares during the period. Mackenzie Financial Corp lifted its holdings in shares of Encore Capital Group by 16.8% during the 3rd quarter. Mackenzie Financial Corp now owns 7,934 shares of the asset manager’s stock worth $351,000 after acquiring an additional 1,140 shares during the period. Finally, Rhumbline Advisers lifted its holdings in shares of Encore Capital Group by 2.5% during the 3rd quarter. Rhumbline Advisers now owns 50,468 shares of the asset manager’s stock worth $2,236,000 after acquiring an additional 1,247 shares during the period.

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About Encore Capital Group

Encore Capital Group, Inc, through its subsidiaries, is a specialty finance company providing debt recovery solutions for consumers and property owners across a range of financial assets. The Company operates through Portfolio Purchasing and Recovery segment. The Company’s geographical segments include the United States, Europe and other.

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