Jupiter Topco LLC Makes New $1.01 Million Investment in Encore Capital Group Inc $ECPG

Jupiter Topco LLC bought a new stake in shares of Encore Capital Group Inc (NASDAQ:ECPG) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,790 shares of the asset manager’s stock, valued at approximately $1,007,000. Jupiter Topco LLC owned about 0.05% of Encore Capital Group at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hsbc Holdings PLC acquired a new position in Encore Capital Group during the 2nd quarter valued at approximately $4,554,000. Legal & General Group Plc acquired a new stake in Encore Capital Group in the second quarter worth $4,899,000. The Manufacturers Life Insurance Company acquired a new stake in Encore Capital Group in the second quarter worth $776,000. L2 Asset Management LLC bought a new stake in Encore Capital Group in the second quarter valued at $274,000. Finally, Cibc World Market Inc. acquired a new position in shares of Encore Capital Group during the second quarter valued at $835,000.

Encore Capital Group Stock Performance

Shares of NASDAQ ECPG opened at $97.30 on Friday. Encore Capital Group Inc has a 1 year low of $39.94 and a 1 year high of $104.98. The firm has a market cap of $2.06 billion, a P/E ratio of 7.37 and a beta of 1.27. The stock has a fifty day moving average price of $94.97 and a two-hundred day moving average price of $82.52. The company has a debt-to-equity ratio of 3.87, a quick ratio of 0.96 and a current ratio of 0.96.

Encore Capital Group (NASDAQ:ECPG) last posted its quarterly earnings data on Wednesday, August 5th. The asset manager reported $2.81 EPS for the quarter, topping analysts’ consensus estimates of $2.67 by $0.14. The company had revenue of $491.87 million for the quarter, compared to the consensus estimate of $455.10 million. Encore Capital Group had a return on equity of 29.83% and a net margin of 15.86%.The company’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.49 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-14.000 EPS. Research analysts forecast that Encore Capital Group Inc will post 13.52 EPS for the current fiscal year.

Insider Transactions at Encore Capital Group

In other Encore Capital Group news, insider John Yung sold 2,000 shares of the business’s stock in a transaction dated 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 directly owned 64,570 shares in the company, valued at approximately $5,299,905.60. The trade was a 3.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

ECPG has been the subject of several recent research reports. Weiss Ratings upgraded shares of Encore Capital Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday, August 3rd. Citigroup restated a “market outperform” rating on shares of Encore Capital Group in a research report on Tuesday, August 11th. Truist Financial raised their price target on shares of Encore Capital Group from $105.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Citizens Jmp boosted their price objective on Encore Capital Group from $108.00 to $115.00 and gave the stock a “market outperform” rating in a research report on Wednesday, June 17th. Finally, Wall Street Zen lowered Encore Capital Group from a “strong-buy” rating to a “hold” rating in a report on Saturday, May 9th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. According to MarketBeat.com, Encore Capital Group has a consensus rating of “Buy” and a consensus target price of $89.75.

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.