Dimensional Fund Advisors LP Boosts Stock Holdings in PRA Group, Inc. (NASDAQ:PRAA)

Dimensional Fund Advisors LP lifted its position in PRA Group, Inc. (NASDAQ:PRAA - Free Report) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,934,124 shares of the business services provider's stock after acquiring an additional 121,109 shares during the period. Dimensional Fund Advisors LP owned 4.91% of PRA Group worth $40,404,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Barclays PLC boosted its stake in PRA Group by 55.0% during the 3rd quarter. Barclays PLC now owns 117,053 shares of the business services provider's stock worth $2,618,000 after purchasing an additional 41,525 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of PRA Group by 40.2% in the third quarter. JPMorgan Chase & Co. now owns 74,937 shares of the business services provider's stock worth $1,676,000 after buying an additional 21,476 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in PRA Group during the fourth quarter worth about $753,000. New York State Teachers Retirement System raised its holdings in PRA Group by 2.7% in the 4th quarter. New York State Teachers Retirement System now owns 64,091 shares of the business services provider's stock valued at $1,339,000 after acquiring an additional 1,705 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in PRA Group by 2.9% in the 4th quarter. Principal Financial Group Inc. now owns 191,168 shares of the business services provider's stock worth $3,994,000 after purchasing an additional 5,434 shares in the last quarter. 97.22% of the stock is currently owned by hedge funds and other institutional investors.

PRA Group Stock Performance

NASDAQ:PRAA opened at $19.30 on Friday. 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 $762.54 million, a PE ratio of 10.78 and a beta of 1.52. The stock has a 50 day moving average price of $19.04 and a 200 day moving average price of $20.68.

PRA Group (NASDAQ:PRAA - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The business services provider reported $0.47 EPS for the quarter, topping the consensus estimate 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, analysts predict that PRA Group, Inc. will post 2.1 earnings per share for the current fiscal year.

PRA Group Profile

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.

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