Counterpoint Mutual Funds LLC Takes $568,000 Position in Encore Capital Group Inc $ECPG

Counterpoint Mutual Funds LLC bought a new stake in Encore Capital Group Inc (NASDAQ:ECPG) during the first quarter, HoldingsChannel reports. The firm bought 8,096 shares of the asset manager’s stock, valued at approximately $568,000.

Several other institutional investors and hedge funds have also bought and sold shares of ECPG. Carnegie Investment Counsel bought a new position in Encore Capital Group in the fourth quarter valued at approximately $1,453,000. Hillsdale Investment Management Inc. bought a new stake in shares of Encore Capital Group during the 4th quarter worth approximately $7,453,000. Wakefield Asset Management LLLP acquired a new stake in shares of Encore Capital Group in the 4th quarter valued at approximately $1,234,000. Tudor Investment Corp ET AL acquired a new stake in shares of Encore Capital Group in the 3rd quarter valued at approximately $586,000. Finally, CWM LLC grew its stake in shares of Encore Capital Group by 99.6% in the fourth quarter. CWM LLC now owns 25,045 shares of the asset manager’s stock valued at $1,361,000 after buying an additional 12,499 shares in the last quarter.

Analyst Ratings Changes

A number of brokerages recently weighed in on ECPG. Weiss Ratings downgraded shares of Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Citizens Jmp increased their price target on shares of Encore Capital Group from $108.00 to $115.00 and gave the company a “market outperform” rating in a research note on Wednesday, June 17th. Wall Street Zen downgraded shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research report on Saturday, May 9th. Citigroup reissued a “market outperform” rating on shares of Encore Capital Group in a research report on Wednesday, June 17th. Finally, Truist Financial boosted their price objective on shares of Encore Capital Group from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $88.00.

Encore Capital Group Stock Performance

ECPG opened at $90.61 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.90. Encore Capital Group Inc has a 12-month low of $35.67 and a 12-month high of $94.60. The business has a 50 day moving average of $83.23 and a 200-day moving average of $70.07. The stock has a market cap of $1.94 billion, a price-to-earnings ratio of 7.03 and a beta of 1.27.

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

Insider Buying and Selling

In other Encore Capital Group news, insider John Yung sold 2,000 shares of Encore Capital Group stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $82.08, for a total transaction of $164,160.00. Following the completion of the transaction, the insider directly owned 64,570 shares of the company’s stock, valued at $5,299,905.60. The trade was a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.00% of the stock is currently owned by company insiders.

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.