Encore Capital Group Inc $ECPG Stock Holdings Trimmed by Hsbc Holdings PLC

Hsbc Holdings PLC lowered its position in shares of Encore Capital Group Inc (NASDAQ:ECPG) by 23.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,568 shares of the asset manager’s stock after selling 7,403 shares during the quarter. Hsbc Holdings PLC’s holdings in Encore Capital Group were worth $1,321,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. IFP Advisors Inc grew its position in shares of Encore Capital Group by 1,729.6% in 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 lifted its stake in 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 last quarter. Allworth Financial LP lifted its stake in Encore Capital Group by 29.1% during the fourth quarter. Allworth Financial LP now owns 1,139 shares of the asset manager’s stock worth $62,000 after purchasing an additional 257 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in Encore Capital Group by 168.9% in 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 during the period. Finally, Virtus Advisers LLC acquired a new position in Encore Capital Group in the third quarter worth $143,000.

Encore Capital Group Stock Performance

Shares of ECPG opened at $93.79 on Thursday. Encore Capital Group Inc has a 1 year low of $35.67 and a 1 year high of $94.60. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 7.28 and a beta of 1.27. 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 firm has a fifty day moving average of $82.90 and a 200-day moving average of $69.67.

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 business 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 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 earned $1.93 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. As a group, equities analysts anticipate that Encore Capital Group Inc will post 13.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ECPG. Zacks Research raised shares of Encore Capital Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Citigroup reaffirmed a “market outperform” rating on shares of Encore Capital Group in a report on Wednesday, June 17th. Weiss Ratings downgraded shares of Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Citizens Jmp increased their price objective on shares of Encore Capital Group from $108.00 to $115.00 and gave the stock a “market outperform” rating in a research note on Wednesday, June 17th. Finally, Wall Street Zen cut shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Encore Capital Group has an average rating of “Buy” and a consensus target price of $88.00.

Insider Activity at Encore Capital Group

In other 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 sale, the insider owned 64,570 shares of the company’s stock, valued at approximately $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 accessible through the SEC website. Insiders own 3.00% of the company’s stock.

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.