WINTON GROUP Ltd boosted its stake in Encore Capital Group Inc (NASDAQ:ECPG – Free Report) by 232.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,839 shares of the asset manager’s stock after acquiring an additional 39,740 shares during the period. WINTON GROUP Ltd owned 0.25% of Encore Capital Group worth $3,089,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Heartland Advisors Inc. raised its holdings in shares of Encore Capital Group by 17.7% during the third quarter. Heartland Advisors Inc. now owns 350,850 shares of the asset manager’s stock worth $14,644,000 after purchasing an additional 52,700 shares during the period. Barclays PLC raised its holdings in shares of Encore Capital Group by 11.1% during the third quarter. Barclays PLC now owns 332,702 shares of the asset manager’s stock worth $13,887,000 after purchasing an additional 33,350 shares during the period. Allianz Asset Management GmbH raised its holdings in shares of Encore Capital Group by 16.5% during the third quarter. Allianz Asset Management GmbH now owns 274,318 shares of the asset manager’s stock worth $11,450,000 after purchasing an additional 38,908 shares during the period. Royce & Associates LP raised its holdings in shares of Encore Capital Group by 2.5% during the third quarter. Royce & Associates LP now owns 204,970 shares of the asset manager’s stock worth $8,555,000 after purchasing an additional 5,030 shares during the period. Finally, Bridgeway Capital Management LLC raised its holdings in shares of Encore Capital Group by 3.7% during the third quarter. Bridgeway Capital Management LLC now owns 166,051 shares of the asset manager’s stock worth $6,931,000 after purchasing an additional 5,848 shares during the period.
Analysts Set New Price Targets
ECPG has been the subject of several recent research reports. Zacks Research upgraded shares of Encore Capital Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. Citigroup reissued an “outperform” rating on shares of Encore Capital Group in a research note on Thursday, May 7th. Weiss Ratings upgraded shares of Encore Capital Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Wall Street Zen lowered 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 Encore Capital Group from $100.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $86.25.
Encore Capital Group Price Performance
ECPG stock opened at $81.46 on Monday. Encore Capital Group Inc has a 52 week low of $35.67 and a 52 week high of $92.64. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 6.32 and a beta of 1.30. The firm’s 50-day moving average is $79.08 and its two-hundred day moving average is $65.42. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.90.
Encore Capital Group (NASDAQ:ECPG – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The asset manager reported $3.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.84. The company 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 business’s revenue was up 21.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.93 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. On average, analysts forecast that Encore Capital Group Inc will post 13.01 earnings per share for the current fiscal year.
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.
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