Portfolio Recovery Associates Inc (NASDAQ:PRAA): Positive Stock Sentiment at 1.1

June 29, 2018 - By Ira Colvard

PRA Group, Inc. (NASDAQ:PRAA) Corporate Logo

Portfolio Recovery Associates Inc’s Sentiment

“Big money sentiment for Portfolio Recovery Associates Inc (NASDAQ:PRAA) in Q1 2018 increased to 1.1, according to Securities and Exchange Commission filings. So its up 0.29, from 2017Q4’s 0.81. 90 investment managers opened new or increased holdings, while 82 decreased and sold their stakes in Portfolio Recovery Associates Inc so the sentiment is positive. These funds own 50.98 million shares, that’s up from 50.53 million shares in 2017Q4. Funds holding Portfolio Recovery Associates Inc in top 10 changed to 6 from 5 for an increase of 1. 17 Investors Sold All; 65 Reduced Holdings; 70 increased stakes while 20 investment managers bought stakes.

Largest Portfolio Recovery Associates Inc Investors

As of Q1 2018 Turtle Creek Asset Management Inc. has 14.09% invested in Portfolio Recovery Associates Inc. As of Q1 2018, 2.35 million shares of Portfolio Recovery Associates Inc are owned by Bloombergsen Inc.. Moreover, Nexus Investment Management Inc. reported 467,673 shares in Portfolio Recovery Associates Inc equivalent to 2.73% of its fund portfolio. S&T Bank Pa revealed 371,318 shares position in Portfolio Recovery Associates Inc. The Virginia-based fund Investment Management Of Virginia Llc holds 252,661 shares or 2.23% of their fund portfolio.

PRA Group, Inc., a financial and business service company, engages in the purchase, collection, and management of portfolios of nonperforming loans that have been charged-off by the credit grantor in the Americas and Europe.The company has $1.77 billion market cap. It is involved in the acquisition of accounts that are primarily the unpaid obligations of individuals owed to credit grantors, which include banks and other types of consumer, retail, and auto finance companies.The P/E ratio is 11.02. The firm also acquires nonperforming loans, including Visa and MasterCard credit cards, private label and other credit cards, installment loans, lines of credit, deficiency balances of various types, legal judgments, and trade payables from banks, credit unions, consumer finance companies, telecommunication providers, retailers, utilities, automobile finance companies, student loan companies, and other debt owners.

Ticker’s shares touched $39 during the last trading session after 0.52% change.Currently PRA Group, Inc. is uptrending after 11.20% change in last June 29, 2017. PRAA has 39,520 shares volume. PRAA underperformed by 1.37% the S&P500.

On August, 14 PRA Group, Inc. (NASDAQ:PRAA)’s earnings release is awaited by WallStreet, as reported by RTT. Analysts have expectation on stock’s EPS of $0.43. That’s up 72.00 % from last year’s $0.25 EPS. If PRAA’s EPS is $0.43 the profit will reach $19.47M for 22.67 P/E. Wall Street now forecasts -8.51 % negative EPS growth despite PRA Group, Inc. previous quarter’s EPS of $0.47.

Hightower Advsr Ltd Liability Com has 19,946 shs for 0.01% of their capital. Scout Invs has 88,632 shs. 5,432 are held by Dorsey And Whitney Trust Ltd Llc. Wendell David Assoc accumulated 12,350 shs. Comerica Bancorporation holds 0.01% in PRA Group, Inc. (NASDAQ:PRAA) or 47,737 shs. Arrowstreet L P holds 0% in PRA Group, Inc. (NASDAQ:PRAA) or 14,575 shs. 15,925 are owned by Citadel Limited Liability Company. Captrust Fin Advsr holds 0% or 1,841 shs. Torray Lc holds 0.09% or 21,948 shs. D E Shaw And invested 0% in PRA Group, Inc. (NASDAQ:PRAA). Glenmede Co Na owns 5,532 shs. Nexus Management stated it has 2.73% in PRA Group, Inc. (NASDAQ:PRAA). Massachusetts Fincl Ser Ma accumulated 223,522 shs or 0% of the stock. Proshare Advisors Limited Liability Corp owns 0% invested in PRA Group, Inc. (NASDAQ:PRAA) for 13,717 shs. Dimensional Fund Advisors Ltd Partnership invested 0.04% of its capital in PRA Group, Inc. (NASDAQ:PRAA).

PRA Group, Inc. had 5 sales and 0 buys since May 15, 2018. This’s net activity of $1.33 million. On Wednesday, June 20 the insider White Laura sold $150,906.

PRA Group, Inc. (NASDAQ:PRAA) Ratings Coverage

Total analysts of 2 have positions in Pra Group (NASDAQ:PRAA) as follows: 0 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 0. Since January 8, 2018 according to StockzIntelligence Inc Pra Group has 2 analyst reports. On Monday, January 8 the firm has “Hold” rating by Oppenheimer given. On Wednesday, February 28 the firm earned “Market Perform” rating by Raymond James.

More recent PRA Group, Inc. (NASDAQ:PRAA) news were published by Globenewswire.com, Investorplace.com and Nasdaq.com. The first one has “PRA Group Appoints Martin Sjölund President of European Operations” as a title and was published on June 04, 2018. The next is “Buy These 7 Small-Cap Stocks for Their Emerging Opportunities” on June 04, 2018. And last was published on June 12, 2018, called “PRA Group to Present at the William Blair 38th Annual Growth Stock Conference”.

PRA Group, Inc. (NASDAQ:PRAA) Analyst Ratings Chart

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