Intech Investment Management LLC Acquires 8,738 Shares of Encore Capital Group Inc $ECPG

Intech Investment Management LLC lifted its holdings in shares of Encore Capital Group Inc (NASDAQ:ECPG) by 86.4% in the 4th quarter, HoldingsChannel reports. The fund owned 18,852 shares of the asset manager’s stock after purchasing an additional 8,738 shares during the period. Intech Investment Management LLC’s holdings in Encore Capital Group were worth $1,025,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Allworth Financial LP increased its position in shares of Encore Capital Group by 29.1% during the fourth quarter. Allworth Financial LP now owns 1,139 shares of the asset manager’s stock worth $62,000 after acquiring an additional 257 shares in the last quarter. SG Americas Securities LLC boosted its holdings in Encore Capital Group by 0.5% during the fourth quarter. SG Americas Securities LLC now owns 66,825 shares of the asset manager’s stock worth $3,632,000 after purchasing an additional 326 shares during the last quarter. Rhumbline Advisers boosted its holdings in Encore Capital Group by 0.5% during the third quarter. Rhumbline Advisers now owns 70,836 shares of the asset manager’s stock worth $2,957,000 after purchasing an additional 367 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Encore Capital Group by 185.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock worth $39,000 after purchasing an additional 466 shares during the last quarter. Finally, IFP Advisors Inc boosted its holdings in Encore Capital Group by 1,729.6% during the fourth quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock worth $27,000 after purchasing an additional 467 shares during the last quarter.

Encore Capital Group Price Performance

ECPG opened at $81.46 on Monday. 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 stock has a market cap of $1.75 billion, a price-to-earnings ratio of 6.32 and a beta of 1.30. Encore Capital Group Inc has a twelve month low of $35.67 and a twelve month high of $92.64. The company’s 50-day moving average price is $79.08 and its two-hundred day moving average price is $65.42.

Encore Capital Group (NASDAQ:ECPG) last released its earnings results on Wednesday, May 6th. The asset manager reported $3.86 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.84. The firm had revenue of $475.41 million for the quarter, compared to analysts’ expectations of $446.26 million. Encore Capital Group had a net margin of 16.00% and a return on equity of 30.70%. The company’s quarterly revenue was up 21.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.93 earnings per share. 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 year.

Analyst Ratings Changes

Several research analysts recently weighed in on ECPG shares. Truist Financial boosted their price target on shares of Encore Capital Group from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Weiss Ratings upgraded shares of Encore Capital Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Citigroup restated an “outperform” rating on shares of Encore Capital Group in a report on Thursday, May 7th. Zacks Research upgraded shares of Encore Capital Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Finally, Wall Street Zen cut shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $86.25.

Encore Capital Group Company 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.