PRA Group, Inc. (NASDAQ:PRAA) Holdings Boosted by Amundi

Amundi boosted its holdings in shares of PRA Group, Inc. (NASDAQ:PRAA - Free Report) by 183.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,801 shares of the business services provider's stock after purchasing an additional 12,824 shares during the quarter. Amundi owned approximately 0.05% of PRA Group worth $396,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Capital Management Corp VA acquired a new stake in shares of PRA Group during the fourth quarter worth approximately $4,659,000. Global Alpha Capital Management Ltd. grew its holdings in PRA Group by 4.3% during the 4th quarter. Global Alpha Capital Management Ltd. now owns 1,896,000 shares of the business services provider's stock worth $39,607,000 after acquiring an additional 78,200 shares in the last quarter. Raymond James Financial Inc. acquired a new position in PRA Group during the 4th quarter worth $7,657,000. Los Angeles Capital Management LLC bought a new stake in shares of PRA Group in the 4th quarter worth about $296,000. Finally, Olympiad Research LP acquired a new stake in shares of PRA Group in the 4th quarter valued at about $242,000. 97.22% of the stock is owned by institutional investors and hedge funds.

PRA Group Price Performance

NASDAQ:PRAA traded up $0.70 during mid-day trading on Monday, reaching $21.07. The stock had a trading volume of 313,453 shares, compared to its average volume of 222,137. The company has a market capitalization of $832.48 million, a price-to-earnings ratio of 11.77 and a beta of 1.64. PRA Group, Inc. has a 1-year low of $18.09 and a 1-year high of $28.64. The stock's 50 day simple moving average is $21.41 and its two-hundred day simple moving average is $21.36.

Remove Ads

PRA Group (NASDAQ:PRAA - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The business services provider reported $0.47 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.02. PRA Group had a return on equity of 5.16% and a net margin of 6.33%. The business had revenue of $293.23 million during the quarter, compared to the consensus estimate of $275.81 million. Sell-side analysts anticipate that PRA Group, Inc. will post 2.1 EPS for the current fiscal year.

PRA Group Profile

PRA Group, Inc, a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans worldwide. It is involved in the purchase of accounts that are primarily the unpaid obligations of individuals owed to credit originators, which include banks and other types of consumer, retail, and auto finance companies.