Louisiana State Employees Retirement System Makes New $694,000 Investment in Encore Capital Group Inc $ECPG

Louisiana State Employees Retirement System purchased a new position in Encore Capital Group Inc (NASDAQ:ECPG) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,900 shares of the asset manager’s stock, valued at approximately $694,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. IFP Advisors Inc lifted its holdings 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 valued at $27,000 after buying an additional 467 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Encore Capital Group by 185.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock worth $39,000 after buying an additional 466 shares during the last quarter. Allworth Financial LP increased its holdings in Encore Capital Group by 29.1% in the fourth quarter. Allworth Financial LP now owns 1,139 shares of the asset manager’s stock worth $62,000 after buying an additional 257 shares during the last quarter. Tower Research Capital LLC TRC raised 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 valued at $105,000 after acquiring an additional 1,706 shares in the last quarter. Finally, Virtus Advisers LLC bought a new position in Encore Capital Group during the third quarter valued at approximately $143,000.

Insider Buying and Selling at Encore Capital Group

In related news, insider John Yung sold 2,000 shares of the firm’s 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 completion of the transaction, the insider owned 64,570 shares in the company, valued at $5,299,905.60. This trade represents a 3.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 3.00% of the company’s stock.

Encore Capital Group Stock Performance

NASDAQ:ECPG traded up $0.63 during midday trading on Tuesday, reaching $90.14. The stock had a trading volume of 12,240 shares, compared to its average volume of 294,090. The company has a debt-to-equity ratio of 3.90, a current ratio of 0.90 and a quick ratio of 0.90. The firm’s fifty day simple moving average is $83.33 and its 200-day simple moving average is $70.43. The stock has a market capitalization of $1.93 billion, a P/E ratio of 6.97 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.

Encore Capital Group (NASDAQ:ECPG) last issued its quarterly earnings results on Wednesday, May 6th. The asset manager reported $3.86 EPS for the quarter, topping the consensus estimate of $3.02 by $0.84. The company had revenue of $475.41 million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the business posted $1.93 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. On average, equities research analysts forecast that Encore Capital Group Inc will post 13.01 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ECPG has been the subject of several recent research reports. 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. Wall Street Zen lowered shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 9th. Citigroup reiterated a “market outperform” rating on shares of Encore Capital Group in a report on Wednesday, June 17th. Zacks Research raised shares of Encore Capital Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. Finally, Citizens Jmp boosted their price target on Encore Capital Group from $108.00 to $115.00 and gave the stock a “market outperform” rating in a research report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Encore Capital Group currently has a consensus rating of “Buy” and a consensus target price of $88.00.

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.