Portfolio Recovery Associates Inc (NASDAQ:PRAA) Big Money Sentiment Index Up in Q1 2018 to 1.1

June 29, 2018 - By Susanne Funderburg

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

Portfolio Recovery Associates Inc’s Sentiment

In 2018 Q1 Portfolio Recovery Associates Inc (NASDAQ:PRAA) big money sentiment increased to 1.1, according to SEC filings. So its up 0.29, from 2017Q4’s 0.81. 90 active investment managers increased and started new stock positions, while 82 sold and decreased their positions in Portfolio Recovery Associates Inc so the sentiment improved. 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 increased from 5 to 6 for an increase of 1. In total 17 funds closed positions, 65 reduced and 70 increased. Also 20 funds bought new Portfolio Recovery Associates Inc stakes.

Most Portfolio Recovery Associates Inc Shareholders

As of 2018 Q1 Turtle Creek Asset Management Inc. has 14.09% invested in Portfolio Recovery Associates Inc. Portfolio Recovery Associates Inc’s shareholder Bloombergsen Inc. owns 2.35 million shares as of 2018 Q1. Nexus Investment Management Inc. reported 467,673 shares. S&T Bank Pa revealed 371,318 shares position in Portfolio Recovery Associates Inc. The Virginia-based fund Investment Management Of Virginia Llc looks positive on Portfolio Recovery Associates Inc, having 252,661 shares.

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.

PRAA hit $39 during the last trading session after $0.2 change.Currently PRA Group, Inc. is uptrending after 11.20% change in last June 29, 2017. PRAA has 39,520 shares volume. The stock underperformed the S&P 500 by 1.37%.

PRA Group, Inc. (NASDAQ:PRAA) is expected to report earnings on August, 14., according to RTT. This year’s EPS analyst estimate is expected to be $0.43. That is 72.00 % up compareed to $0.25 EPS for last year. If reported the P/E will be 22.67 with $19.47 million profit. Wall Street now sees -8.51 % negative EPS growth despite PRA Group, Inc. last quarter’s EPS of $0.47.

Etrade Capital Mngmt Limited Liability Corp reported 5,639 shs. Millennium Mgmt Ltd Co stated it has 0.02% in PRA Group, Inc. (NASDAQ:PRAA). Burney owns 6,270 shs or 0.01% of their US capital. Pinebridge Invs Lp accumulated 72,315 shs. Ftb Advsr owns 1,117 shs for 0% of their capital. Franklin Resources reported 0.01% in PRA Group, Inc. (NASDAQ:PRAA). Oak Ridge Investments Lc owns 366,524 shs. Credit Suisse Ag invested in 0% or 40,987 shs. Jefferies Gru Ltd holds 0% of its capital in PRA Group, Inc. (NASDAQ:PRAA) for 8,303 shs. Grandeur Peak Global Advisors stated it has 1.18% of its capital in PRA Group, Inc. (NASDAQ:PRAA). 557,206 were reported by Blair William Il. Panagora Asset Incorporated holds 0% or 1,300 shs. Amer Intll Group Inc Inc stated it has 28,566 shs. Ubs Asset Americas holds 0% of its capital in PRA Group, Inc. (NASDAQ:PRAA) for 26,447 shs. D E Shaw And Company Inc reported 14,016 shs stake.

PRA Group, Inc. registered $1.33 million net activity with 0 buys and 5 insider sales since May 15, 2018. On Tuesday, June 5 FREDRICKSON STEVEN D sold $545,135 worth of PRA Group, Inc. (NASDAQ:PRAA) or 13,621 shs.

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

A total of 2 analysts rate Pra Group (NASDAQ:PRAA) as follows: 0 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 0 are bullish. (NASDAQ:PRAA) has 2 ratings reports on 29 Jun 2018 according to StockzIntelligence. On Wednesday, February 28 the stock of PRA Group, Inc. (NASDAQ:PRAA) has “Market Perform” rating given by Raymond James. On Monday, January 8 the firm has “Hold” rating given by Oppenheimer.

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

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

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