Amundi Has $396,000 Stock Position in PRA Group, Inc. (NASDAQ:PRAA)

Amundi increased its position in shares of PRA Group, Inc. (NASDAQ:PRAA) by 183.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,801 shares of the business services provider’s stock after purchasing an additional 12,824 shares during the quarter. Amundi owned approximately 0.05% of PRA Group worth $396,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Quarry LP grew its holdings in PRA Group by 282.6% during the 3rd quarter. Quarry LP now owns 1,316 shares of the business services provider’s stock worth $29,000 after acquiring an additional 972 shares during the last quarter. FMR LLC grew its holdings in PRA Group by 55.0% during the 3rd quarter. FMR LLC now owns 1,707 shares of the business services provider’s stock worth $38,000 after acquiring an additional 606 shares during the last quarter. Point72 DIFC Ltd grew its holdings in PRA Group by 388.6% during the 3rd quarter. Point72 DIFC Ltd now owns 2,150 shares of the business services provider’s stock worth $48,000 after acquiring an additional 1,710 shares during the last quarter. Olympiad Research LP bought a new stake in PRA Group during the 4th quarter worth about $242,000. Finally, ClearAlpha Technologies LP bought a new stake in PRA Group during the 3rd quarter worth about $294,000. Institutional investors and hedge funds own 97.22% of the company’s stock.

PRA Group Stock Up 2.6 %

Shares of NASDAQ:PRAA opened at $20.41 on Friday. PRA Group, Inc. has a 12 month low of $18.09 and a 12 month high of $28.64. The company’s 50-day moving average price is $21.40 and its two-hundred day moving average price is $21.39. The firm has a market cap of $806.40 million, a P/E ratio of 11.40 and a beta of 1.64.

PRA Group (NASDAQ:PRAA) last issued its earnings results on Wednesday, February 19th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.02. The company had revenue of $293.23 million for the quarter, compared to analyst estimates of $275.81 million. PRA Group had a net margin of 6.33% and a return on equity of 5.16%. As a group, equities analysts predict that PRA Group, Inc. will post 2.1 earnings per share for the current fiscal year.

About PRA Group

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.