Intech Investment Management LLC Has $1.03 Million Stake in Encore Capital Group Inc $ECPG

Intech Investment Management LLC boosted its position in Encore Capital Group Inc (NASDAQ:ECPG) by 86.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,852 shares of the asset manager’s stock after buying an additional 8,738 shares during the period. Intech Investment Management LLC owned approximately 0.08% of Encore Capital Group worth $1,025,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. IFP Advisors Inc lifted its holdings in Encore Capital Group by 1,729.6% in the fourth quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock valued at $27,000 after buying an additional 467 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Encore Capital Group by 185.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock valued at $39,000 after buying an additional 466 shares during the period. Allworth Financial LP increased its stake in Encore Capital Group by 29.1% in the fourth quarter. Allworth Financial LP now owns 1,139 shares of the asset manager’s stock valued at $62,000 after purchasing an additional 257 shares in the last quarter. LSV Asset Management bought a new stake in Encore Capital Group in the third quarter valued at $88,000. Finally, Tower Research Capital LLC TRC increased its stake in Encore Capital Group by 168.9% in the second quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the asset manager’s stock valued at $105,000 after purchasing an additional 1,706 shares in the last quarter.

Encore Capital Group Stock Performance

ECPG opened at $81.46 on Monday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.90. The company has a fifty day moving average price of $79.08 and a two-hundred day moving average price of $65.42. The company has a market cap of $1.75 billion, a P/E ratio of 6.32 and a beta of 1.30. Encore Capital Group Inc has a 1-year low of $35.67 and a 1-year high of $92.64.

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

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Zacks Research raised shares of Encore Capital Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th. Citigroup reaffirmed an “outperform” rating on shares of Encore Capital Group in a research note on Thursday, May 7th. Citizens Jmp lifted their price target on shares of Encore Capital Group from $90.00 to $108.00 and gave the company a “market outperform” rating in a research note on Thursday, May 7th. Wall Street Zen downgraded shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Truist Financial lifted their price target on shares of Encore Capital Group from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Encore Capital Group currently has a consensus rating of “Buy” and a consensus 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.