WINTON GROUP Ltd Buys 35,284 Shares of PRA Group, Inc. (NASDAQ:PRAA)

WINTON GROUP Ltd lifted its stake in shares of PRA Group, Inc. (NASDAQ:PRAA) by 202.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,709 shares of the business services provider’s stock after purchasing an additional 35,284 shares during the period. WINTON GROUP Ltd’s holdings in PRA Group were worth $1,101,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in PRAA. FMR LLC raised its position in 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 acquiring an additional 606 shares in the last quarter. Centiva Capital LP increased its stake 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 worth $372,000 after purchasing an additional 701 shares during the last quarter. Quarry LP raised its holdings in shares of PRA Group by 282.6% in the 3rd 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 during the period. AlphaQuest LLC lifted its stake in PRA Group by 24.5% in the 4th quarter. AlphaQuest LLC now owns 7,690 shares of the business services provider’s stock valued at $161,000 after purchasing an additional 1,513 shares during the last quarter. Finally, New York State Teachers Retirement System grew its holdings in 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 purchasing an additional 1,705 shares during the period. Institutional investors and hedge funds own 97.22% of the company’s stock.

PRA Group Stock Down 2.5 %

Shares of NASDAQ PRAA opened at $20.52 on Friday. PRA Group, Inc. has a twelve month low of $18.09 and a twelve month high of $28.64. The company has a market cap of $810.75 million, a PE ratio of 11.46 and a beta of 1.64. The business’s 50 day moving average price is $21.44 and its two-hundred day moving average price is $21.34.

PRA Group (NASDAQ:PRAA) last posted its earnings results on Wednesday, February 19th. The business services provider reported $0.47 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $275.81 million. As a group, research analysts anticipate that PRA Group, Inc. will post 2.1 EPS for the current fiscal 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.