PRA Group, Inc. (NASDAQ:PRAA) Shares Bought by Global Alpha Capital Management Ltd.

Global Alpha Capital Management Ltd. raised its position in PRA Group, Inc. (NASDAQ:PRAA - Free Report) by 4.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,896,000 shares of the business services provider's stock after purchasing an additional 78,200 shares during the quarter. PRA Group accounts for approximately 2.9% of Global Alpha Capital Management Ltd.'s portfolio, making the stock its 12th largest holding. Global Alpha Capital Management Ltd. owned about 4.81% of PRA Group worth $39,607,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC lifted its stake in shares of PRA Group by 55.0% during the third quarter. FMR LLC now owns 1,707 shares of the business services provider's stock worth $38,000 after purchasing an additional 606 shares in the last quarter. Centiva Capital LP raised its holdings in shares of PRA Group by 4.4% during the 3rd quarter. Centiva Capital LP now owns 16,618 shares of the business services provider's stock valued at $372,000 after buying an additional 701 shares during the period. Quarry LP lifted its position in PRA Group by 282.6% during the 3rd quarter. Quarry LP now owns 1,316 shares of the business services provider's stock worth $29,000 after acquiring an additional 972 shares in the last quarter. New York State Teachers Retirement System boosted its holdings in PRA Group by 2.7% in the 4th quarter. New York State Teachers Retirement System now owns 64,091 shares of the business services provider's stock worth $1,339,000 after acquiring an additional 1,705 shares during the period. Finally, Point72 DIFC Ltd grew its position in PRA Group by 388.6% in the third quarter. Point72 DIFC Ltd now owns 2,150 shares of the business services provider's stock valued at $48,000 after acquiring an additional 1,710 shares in the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.

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PRA Group Stock Performance

Shares of PRAA stock traded up $0.04 on Wednesday, hitting $19.02. The stock had a trading volume of 568,415 shares, compared to its average volume of 276,113. The stock's 50 day moving average is $21.52 and its 200-day moving average is $21.53. The firm has a market capitalization of $751.48 million, a price-to-earnings ratio of 10.63 and a beta of 1.64. PRA Group, Inc. has a 52-week low of $18.09 and a 52-week high of $28.64.

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

About PRA Group

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.