Capital Management Corp VA Purchases Shares of 223,011 PRA Group, Inc. (NASDAQ:PRAA)

Capital Management Corp VA purchased a new stake in PRA Group, Inc. (NASDAQ:PRAA - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 223,011 shares of the business services provider's stock, valued at approximately $4,659,000. Capital Management Corp VA owned 0.57% of PRA Group as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. FMR LLC lifted its position in PRA Group by 55.0% in the 3rd quarter. FMR LLC now owns 1,707 shares of the business services provider's stock valued at $38,000 after acquiring an additional 606 shares in the last quarter. Centiva Capital LP raised its stake in shares of PRA Group by 4.4% in the 3rd quarter. Centiva Capital LP now owns 16,618 shares of the business services provider's stock valued at $372,000 after purchasing an additional 701 shares during the period. Quarry LP lifted its holdings in shares of PRA Group by 282.6% in the third quarter. Quarry LP now owns 1,316 shares of the business services provider's stock valued at $29,000 after purchasing an additional 972 shares in the last quarter. New York State Teachers Retirement System boosted its position in shares of PRA Group by 2.7% during the fourth quarter. New York State Teachers Retirement System now owns 64,091 shares of the business services provider's stock worth $1,339,000 after buying an additional 1,705 shares during the period. Finally, Point72 DIFC Ltd grew its holdings in shares of PRA Group by 388.6% during the third quarter. Point72 DIFC Ltd now owns 2,150 shares of the business services provider's stock worth $48,000 after buying an additional 1,710 shares in the last quarter. Institutional investors own 97.22% of the company's stock.

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PRA Group Stock Performance

PRA Group stock traded up $0.04 during midday trading on Wednesday, reaching $19.02. The stock had a trading volume of 568,417 shares, compared to its average volume of 276,113. The stock has a market capitalization of $751.48 million, a P/E ratio of 10.63 and a beta of 1.64. The firm's fifty day simple moving average is $21.52 and its 200-day simple moving average is $21.53. PRA Group, Inc. has a 1-year low of $18.09 and a 1-year high of $28.64.

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