Raymond James Financial Inc. purchased a new position in PRA Group, Inc. (NASDAQ:PRAA - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 366,534 shares of the business services provider's stock, valued at approximately $7,657,000. Raymond James Financial Inc. owned about 0.93% of PRA Group as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. FMR LLC lifted its position in shares of PRA Group by 55.0% in the 3rd quarter. FMR LLC now owns 1,707 shares of the business services provider's stock worth $38,000 after buying an additional 606 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of PRA Group in the 4th quarter worth about $134,000. Headlands Technologies LLC lifted its position in shares of PRA Group by 231.3% in the 4th quarter. Headlands Technologies LLC now owns 7,278 shares of the business services provider's stock worth $152,000 after buying an additional 5,081 shares during the last quarter. AlphaQuest LLC lifted its position in shares of PRA Group by 24.5% in the 4th quarter. AlphaQuest LLC now owns 7,690 shares of the business services provider's stock worth $161,000 after buying an additional 1,513 shares during the last quarter. Finally, Quantbot Technologies LP lifted its position in shares of PRA Group by 30.8% in the 4th quarter. Quantbot Technologies LP now owns 8,002 shares of the business services provider's stock worth $167,000 after buying an additional 1,885 shares during the last quarter. 97.22% of the stock is currently owned by institutional investors.
PRA Group Stock Performance
Shares of PRA Group stock traded up $0.28 during trading hours on Monday, reaching $18.53. The company's stock had a trading volume of 332,795 shares, compared to its average volume of 246,986. The company's 50 day simple moving average is $19.33 and its 200 day simple moving average is $20.75. PRA Group, Inc. has a one year low of $15.94 and a one year high of $28.64. The stock has a market cap of $732.12 million, a P/E ratio of 10.35 and a beta of 1.52.
PRA Group (NASDAQ:PRAA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The business services provider reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.02. The firm had revenue of $293.23 million for the quarter, compared to the consensus estimate of $275.81 million. PRA Group had a net margin of 6.33% and a return on equity of 5.16%. On average, sell-side analysts predict that PRA Group, Inc. will post 2.1 earnings per share for the current fiscal year.
PRA Group Company Profile
(
Free Report)
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.
Featured Stories
Before you consider PRA Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PRA Group wasn't on the list.
While PRA Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
