As Pra Group INC (PRAA) Stock Value Declined, Holder Turtle Creek Asset Management INC Has Upped Its Holding

February 14, 2018 - By Linda Rogers

Investors sentiment decreased to 0.76 in 2017 Q3. Its down 0.60, from 1.36 in 2017Q2. It dropped, as 26 investors sold PRAA shares while 77 reduced holdings. 30 funds opened positions while 48 raised stakes. 49.44 million shares or 3.50% more from 47.77 million shares in 2017Q2 were reported. Fifth Third Bancorp reported 0% in PRA Group, Inc. (NASDAQ:PRAA). Barrow Hanley Mewhinney Strauss Ltd holds 0.03% of its portfolio in PRA Group, Inc. (NASDAQ:PRAA) for 634,099 shares. California State Teachers Retirement Systems holds 0% or 73,531 shares in its portfolio. Public Employees Retirement Association Of Colorado invested 0% of its portfolio in PRA Group, Inc. (NASDAQ:PRAA). Royal Commercial Bank Of Canada reported 0.01% in PRA Group, Inc. (NASDAQ:PRAA). Aperio Grp Lc owns 11,734 shares or 0% of their US portfolio. Grandeur Peak Advsrs Limited Liability Co has invested 1.19% in PRA Group, Inc. (NASDAQ:PRAA). Wisconsin-based Northwestern Mutual Wealth Mngmt has invested 0% in PRA Group, Inc. (NASDAQ:PRAA). Ahl Ptnrs Limited Liability Partnership reported 0.03% of its portfolio in PRA Group, Inc. (NASDAQ:PRAA). Morgan Stanley reported 80,035 shares. Metropolitan Life Ins Ny holds 0.01% or 32,142 shares. Sei Invs invested in 0% or 110 shares. Great West Life Assurance Can invested 0% in PRA Group, Inc. (NASDAQ:PRAA). State Common Retirement Fund reported 0% of its portfolio in PRA Group, Inc. (NASDAQ:PRAA). Sterling Capital Mgmt Ltd Liability Corp stated it has 0.02% in PRA Group, Inc. (NASDAQ:PRAA).

Since December 29, 2017, it had 0 insider buys, and 1 insider sale for $66,064 activity.

Turtle Creek Asset Management Inc increased its stake in Pra Group Inc (PRAA) by 35.69% based on its latest 2017Q3 regulatory filing with the SEC. Turtle Creek Asset Management Inc bought 1.57M shares as the company’s stock declined 12.34% while stock markets rallied. The institutional investor held 5.96M shares of the finance company at the end of 2017Q3, valued at $170.64M, up from 4.39M at the end of the previous reported quarter. Turtle Creek Asset Management Inc who had been investing in Pra Group Inc for a number of months, seems to be bullish on the $1.61B market cap company. The stock decreased 0.56% or $0.2 during the last trading session, reaching $35.65. About 270,234 shares traded. PRA Group, Inc. (NASDAQ:PRAA) has risen 44.62% since February 14, 2017 and is uptrending. It has outperformed by 27.92% the S&P500.

Turtle Creek Asset Management Inc, which manages about $1.01B US Long portfolio, decreased its stake in Cimpress Nv by 143,056 shares to 332,347 shares, valued at $32.46M in 2017Q3, according to the filing.

More news for PRA Group, Inc. (NASDAQ:PRAA) were recently published by: Nasdaq.com, which released: “Commit To Buy PRA Group At $30, Earn 11.6% Annualized Using Options” on February 08, 2018. Globenewswire.com‘s article titled: “PRA Group Opens New Call Center in Henderson, Nevada” and published on February 12, 2018 is yet another important article.

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

Among 7 analysts covering Portfolio Recovery Associates (NASDAQ:PRAA), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Portfolio Recovery Associates had 17 analyst reports since October 14, 2015 according to SRatingsIntel. Raymond James downgraded PRA Group, Inc. (NASDAQ:PRAA) on Thursday, September 21 to “Underperform” rating. Keefe Bruyette & Woods downgraded the shares of PRAA in report on Tuesday, October 10 to “Hold” rating. The firm has “Neutral” rating by Janney Capital given on Thursday, November 9. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Thursday, September 14. The firm has “Overweight” rating given on Tuesday, June 7 by First Analysis. JMP Securities downgraded the shares of PRAA in report on Friday, February 26 to “Mkt Perform” rating. On Thursday, November 9 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock has “Mkt Perform” rating by Raymond James on Tuesday, November 8. The stock of PRA Group, Inc. (NASDAQ:PRAA) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. Oppenheimer initiated the shares of PRAA in report on Monday, January 8 with “Hold” rating.

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