Jupiter Topco LLC Makes New Investment in Encore Capital Group Inc $ECPG

Jupiter Topco LLC purchased a new stake in Encore Capital Group Inc (NASDAQ:ECPG) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 10,790 shares of the asset manager’s stock, valued at approximately $1,007,000.

A number of other institutional investors and hedge funds also recently modified their holdings of ECPG. IFP Advisors Inc boosted its stake in shares of Encore Capital Group by 1,729.6% during the 4th quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock worth $27,000 after acquiring an additional 467 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Encore Capital Group by 185.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock worth $39,000 after purchasing an additional 466 shares during the period. USA Financial Formulas purchased a new stake in shares of Encore Capital Group during the first quarter valued at $46,000. Allworth Financial LP lifted its holdings in shares of Encore Capital Group by 29.1% during 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 during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of Encore Capital Group by 168.9% in the 2nd 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 during the period.

Encore Capital Group Stock Performance

ECPG stock opened at $97.30 on Friday. The firm has a 50 day simple moving average of $94.97 and a 200 day simple moving average of $82.52. Encore Capital Group Inc has a 52 week low of $39.94 and a 52 week high of $104.98. The stock has a market cap of $2.06 billion, a P/E ratio of 7.37 and a beta of 1.27. The company has a debt-to-equity ratio of 3.87, a quick ratio of 0.96 and a current ratio of 0.96.

Encore Capital Group (NASDAQ:ECPG) last released its quarterly earnings data on Wednesday, August 5th. The asset manager reported $2.81 earnings per share for the quarter, beating the consensus estimate of $2.67 by $0.14. Encore Capital Group had a net margin of 15.86% and a return on equity of 29.83%. The firm had revenue of $491.87 million for the quarter, compared to analyst estimates of $455.10 million. During the same quarter in the prior year, the business earned $2.49 EPS. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. Encore Capital Group has set its FY 2026 guidance at 13.000-14.000 EPS. Research analysts anticipate that Encore Capital Group Inc will post 13.52 earnings per share for the current fiscal year.

Insider Activity at Encore Capital Group

In other news, insider John Yung sold 2,000 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $82.08, for a total value of $164,160.00. Following the transaction, the insider directly owned 64,570 shares of the company’s stock, valued at approximately $5,299,905.60. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on ECPG shares. Weiss Ratings raised Encore Capital Group from a “hold (c)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. Truist Financial raised their target price on shares of Encore Capital Group from $105.00 to $112.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Citigroup reissued a “market outperform” rating on shares of Encore Capital Group in a research report on Tuesday, August 11th. Citizens Jmp boosted 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 report on Wednesday, June 17th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $89.75.

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.