Encore Capital Group Inc’s Sentiment
In 2018 Q2 Encore Capital Group Inc (NASDAQ:ECPG) big money sentiment increased to 1.58, SEC filings reveal. That’s up 0.14, from 2018Q1’s 1.44. 79 institutional investors increased and started new holdings, while 50 trimmed and sold holdings in Encore Capital Group Inc so the sentiment has improved. Funds own 26.44 million shares, up from 25.38 million shares in 2018Q1. Funds holding Encore Capital Group Inc in top 10 was flat from 3 to 3 for the same number . 10 Investors Sold All; 40 Reduced Holdings; 57 increased holdings while 22 institutional investors bought holdings.
Most Encore Capital Group Inc Investors
As of 2018 Q2 Red Mountain Capital Partners Llc has 9.64% invested in Encore Capital Group Inc. Encore Capital Group Inc’s shareholder Second Curve Capital Llc owns 320,000 shares as of 2018 Q2. Broad Run Investment Management Llc reported 2.97 million shares. Smith Graham & Co. Investment Advisors Lp revealed 369,878 shares position in Encore Capital Group Inc. The Quebec – Canada-based fund Pembroke Management Ltd holds 225,193 shares or 0.84% of their US long stock exposure.
Encore Capital Group, Inc., a specialty finance company, together with its subsidiaries, provides debt recovery solutions for clients across a range of financial assets worldwide.The company has $779.27 million market cap. The firm purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery.The P/E ratio is 7.52. It is also involved in the debt management of portfolios consisting of higher balance and semi-performing accounts; and the management of non-performing loans.
The stock increased 4.68% or $1.13 during the last trading session, hitting $25.27.Encore Capital Group, Inc. is downtrending after having declined 8.19% since November 10, 2017. ECPG has 774,643 volume or 98.68% up from normal. The stock underperformed the S&P 500 by 23.81%.
Quantbot Technologies Limited Partnership invested in 0% or 680 shs. Nomura Hldgs owns 134,494 shs. Nordea Inv Management owns 85,402 shs for 0.01% of their capital. Bnp Paribas Arbitrage Sa holds 1,911 shs. Legal & General Gp Public Limited Liability Corp holds 51,528 shs. Laurion Capital Management L P invested 0% in Encore Capital Group, Inc. (NASDAQ:ECPG). Employees Retirement Of Texas invested in 26,000 shs. Pub Employees Retirement System Of Ohio has invested 0% of its capital in Encore Capital Group, Inc. (NASDAQ:ECPG). Susquehanna Group Llp holds 11,042 shs. New York-based Lazard Asset Mngmt Llc has invested 0% in Encore Capital Group, Inc. (NASDAQ:ECPG). Aperio Grp Inc Limited Co reported 22,387 shs or 0% of all its holdings. James Inv Rech has 0.09% invested in Encore Capital Group, Inc. (NASDAQ:ECPG) for 66,140 shs. Wells Fargo And Company Mn reported 39,016 shs. Public Employees Retirement Association Of Colorado accumulated 0% or 8,204 shs. Sigma Planning Corp accumulated 7,043 shs.
Encore Capital Group, Inc. (NASDAQ:ECPG) Ratings Coverage
In total 2 analysts cover Encore Capital Gr (NASDAQ:ECPG). “Buy” rating has 1, “Sell” are 0, while 1 are “Hold”. 50% are bullish. 2 are the (NASDAQ:ECPG)’s analyst reports since August 9, 2018 according to StockzIntelligence Inc. On Thursday, August 9 the rating was upgraded by Northland Capital to “Outperform”. On Tuesday, October 2 the company was downgraded by Oppenheimer.
Another two news for Encore Capital Group, Inc. (NASDAQ:ECPG) were recently brought out by: Globenewswire.com on November 07, 2018 with title “Encore Capital Group Announces Third Quarter 2018 Financial Results”. The other Nasdaq.com‘s article was titled “Analysis: Positioning to Benefit within Sonic, Masimo, CareTrust REIT, Sonoco Products, WillScot, and Encore Capital …” and brought out on October 22, 2018.
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