SG Americas Securities LLC Decreases Stock Position in Encore Capital Group Inc $ECPG

SG Americas Securities LLC reduced its stake in Encore Capital Group Inc (NASDAQ:ECPG) by 65.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 22,898 shares of the asset manager’s stock after selling 43,927 shares during the quarter. SG Americas Securities LLC’s holdings in Encore Capital Group were worth $1,606,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IFP Advisors Inc lifted its holdings in shares of 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 period. EverSource Wealth Advisors LLC lifted its stake in shares of Encore Capital Group by 185.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock valued at $39,000 after purchasing an additional 466 shares during the period. Allworth Financial LP boosted its stake in shares of Encore Capital Group by 29.1% during the 4th 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. Tower Research Capital LLC TRC boosted its position in Encore Capital Group by 168.9% during the second quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the asset manager’s stock worth $105,000 after purchasing an additional 1,706 shares in the last quarter. Finally, Virtus Advisers LLC purchased a new position in shares of Encore Capital Group during the 3rd quarter valued at approximately $143,000.

Analyst Ratings Changes

A number of research analysts recently weighed in on ECPG shares. Citigroup reaffirmed a “market outperform” rating on shares of Encore Capital Group in a research note on Wednesday, June 17th. Zacks Research raised shares of Encore Capital Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Weiss Ratings cut Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 8th. Citizens Jmp lifted 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 report on Wednesday, June 17th. Finally, Truist Financial boosted their price objective 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 research 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $88.00.

Insider Transactions at Encore Capital Group

In other Encore Capital Group news, insider John Yung sold 2,000 shares of Encore Capital Group stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $82.08, for a total transaction of $164,160.00. Following the transaction, the insider 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 filing with the SEC, which is available at this hyperlink. 3.00% of the stock is owned by corporate insiders.

Encore Capital Group Trading Down 3.4%

NASDAQ:ECPG opened at $90.61 on Friday. The stock has a market cap of $1.94 billion, a P/E ratio of 7.03 and a beta of 1.27. Encore Capital Group Inc has a 1 year low of $35.67 and a 1 year high of $94.60. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a 50-day simple moving average of $83.08 and a 200-day simple moving average of $69.93.

Encore Capital Group (NASDAQ:ECPG) last released its quarterly earnings data 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. 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 firm’s revenue for the quarter was up 21.0% on a year-over-year basis. During the same quarter last 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, analysts anticipate that Encore Capital Group Inc will post 13.01 earnings per share for the current fiscal year.

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.