Vanguard Group Inc. Has $128.99 Million Stock Holdings in Encore Capital Group Inc $ECPG

Vanguard Group Inc. lowered its stake in Encore Capital Group Inc (NASDAQ:ECPGFree Report) by 3.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,373,398 shares of the asset manager’s stock after selling 81,001 shares during the period. Vanguard Group Inc. owned approximately 0.11% of Encore Capital Group worth $128,994,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Stephens Investment Management Group LLC boosted its holdings in shares of Encore Capital Group by 4.8% during the third quarter. Stephens Investment Management Group LLC now owns 1,308,252 shares of the asset manager’s stock worth $54,606,000 after acquiring an additional 59,421 shares during the period. Heartland Advisors Inc. increased its stake 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 increased its stake 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 lifted its holdings in Encore Capital Group by 16.5% during the 3rd 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 last quarter. Finally, Royce & Associates LP boosted its stake in Encore Capital Group by 2.5% in the 3rd quarter. Royce & Associates LP now owns 204,970 shares of the asset manager’s stock valued at $8,555,000 after purchasing an additional 5,030 shares during the period.

Insider Buying and Selling

In other Encore Capital Group news, insider Ryan B. Bell sold 7,240 shares of Encore Capital Group stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $69.04, for a total transaction of $499,849.60. Following the transaction, the insider directly owned 48,170 shares of the company’s stock, valued at approximately $3,325,656.80. The trade was a 13.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.00% of the company’s stock.

Analyst Upgrades and Downgrades

ECPG has been the topic of a number of research reports. Citigroup reaffirmed an “outperform” rating on shares of Encore Capital Group in a report on Thursday. Zacks Research cut shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Wall Street Zen downgraded shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research note on Saturday. Truist Financial raised their price target on shares of Encore Capital Group from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Citizens Jmp lifted their price objective on shares of Encore Capital Group from $90.00 to $108.00 and gave the stock a “market outperform” rating in a research note on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $86.25.

Get Our Latest Stock Report on Encore Capital Group

Encore Capital Group Stock Down 1.8%

Shares of ECPG opened at $82.33 on Tuesday. The firm has a 50 day simple moving average of $74.86 and a two-hundred day simple moving average of $60.72. The company has a debt-to-equity ratio of 3.90, a current ratio of 0.90 and a quick ratio of 0.90. Encore Capital Group Inc has a one year low of $35.67 and a one year high of $92.64. The company has a market cap of $1.77 billion, a P/E ratio of 6.39 and a beta of 1.33.

Encore Capital Group (NASDAQ:ECPGGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The asset manager reported $3.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.84. The company had revenue of $475.41 million for the quarter, compared to analyst estimates of $446.26 million. Encore Capital Group had a return on equity of 30.70% and a net margin of 16.00%.The company’s revenue for the quarter was up 21.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.93 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. Research analysts forecast that Encore Capital Group Inc will post 13.01 EPS for the current fiscal year.

Encore Capital Group Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Encore Capital Group (NASDAQ:ECPG)

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