Quantbot Technologies LP decreased its position in PRA Group, Inc. (NASDAQ:PRAA) by 11.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,348 shares of the business services provider’s stock after selling 441 shares during the period. Quantbot Technologies LP’s holdings in PRA Group were worth $126,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of PRAA. BlackRock Inc. increased its stake in PRA Group by 53,101.9% in the 1st quarter. BlackRock Inc. now owns 6,007,031 shares of the business services provider’s stock valued at $199,134,000 after buying an additional 5,995,740 shares during the last quarter. Vanguard Group Inc. increased its stake in PRA Group by 9.4% in the 1st quarter. Vanguard Group Inc. now owns 4,186,390 shares of the business services provider’s stock valued at $138,779,000 after buying an additional 360,823 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in PRA Group by 16.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,526,255 shares of the business services provider’s stock valued at $50,595,000 after buying an additional 215,028 shares during the last quarter. Bank of Montreal Can increased its stake in PRA Group by 3,110.4% in the 2nd quarter. Bank of Montreal Can now owns 186,843 shares of the business services provider’s stock valued at $7,081,000 after buying an additional 181,023 shares during the last quarter. Finally, GW&K Investment Management LLC increased its stake in PRA Group by 37.1% in the 2nd quarter. GW&K Investment Management LLC now owns 536,946 shares of the business services provider’s stock valued at $20,350,000 after buying an additional 145,405 shares during the last quarter.

Shares of PRA Group, Inc. (NASDAQ:PRAA) opened at 29.35 on Friday. PRA Group, Inc. has a 52 week low of $23.15 and a 52 week high of $42.70. The stock’s 50 day moving average is $28.98 and its 200 day moving average is $33.85. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 17.90 and a beta of 1.49.

PRA Group (NASDAQ:PRAA) last released its quarterly earnings data on Tuesday, August 8th. The business services provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.23). PRA Group had a net margin of 9.76% and a return on equity of 4.69%. The company had revenue of $200.30 million for the quarter, compared to analysts’ expectations of $208.97 million. During the same period in the previous year, the firm earned $0.83 earnings per share. The firm’s revenue for the quarter was down 12.3% on a year-over-year basis. On average, equities analysts forecast that PRA Group, Inc. will post $1.88 EPS for the current year.

Several equities research analysts have commented on the stock. Zacks Investment Research lowered shares of PRA Group from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. BidaskClub upgraded shares of PRA Group from a “hold” rating to a “buy” rating in a research note on Thursday, June 29th. Citigroup Inc. lowered shares of PRA Group to an “underperform” rating in a research note on Thursday, September 21st. Janney Montgomery Scott lowered shares of PRA Group from a “neutral” rating to a “sell” rating in a research note on Wednesday. Finally, Raymond James Financial, Inc. restated an “underperform” rating on shares of PRA Group in a research note on Thursday, September 21st. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $38.00.

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PRA Group Profile

PRA Group, Inc (PRA Group) is a financial and business services company with operations in the Americas and Europe. The Company’s primary business is the purchase, collection and management of portfolios of nonperforming loans. The Company operates through the account receivables management segment. It also provides fee-based services, such as vehicle location, skip tracing and collateral recovery for auto lenders, government entities and law enforcement; revenue administration, audit and revenue discovery/recovery services for local government entities; class action claims recovery services and purchases; servicing of consumer bankruptcy accounts in the United States, and contingent collections of nonperforming loans in Europe and South America.

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Institutional Ownership by Quarter for PRA Group (NASDAQ:PRAA)

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