Turtle Creek Asset Management INC Stake in Pra Group INC (PRAA) Has Upped by $43.86 Million as Stock Declined

February 14, 2018 - By Vivian Currie

Investors sentiment decreased to 0.76 in 2017 Q3. Its down 0.60, from 1.36 in 2017Q2. It fall, 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. Broadview Limited Liability Com reported 247,375 shares. Fdx Advsr Inc holds 0.01% in PRA Group, Inc. (NASDAQ:PRAA) or 11,438 shares. Company Bancorporation holds 0% or 6,530 shares. Palladium Ptnrs Ltd Co has invested 0.27% in PRA Group, Inc. (NASDAQ:PRAA). Capital Research Invsts has 300,000 shares for 0% of their portfolio. Nationwide Fund holds 0% or 27,565 shares in its portfolio. Turtle Creek Asset Mgmt reported 16.98% stake. First Personal has invested 0% in PRA Group, Inc. (NASDAQ:PRAA). 61,178 were accumulated by Great West Life Assurance Can. First Commercial Bank Of Omaha stated it has 0.21% of its portfolio in PRA Group, Inc. (NASDAQ:PRAA). Pinebridge LP reported 0.04% stake. Invest Counselors Of Maryland Ltd Liability Com owns 617,790 shares or 0.9% of their US portfolio. Staley Cap Advisers holds 9,476 shares. S&T Bancorporation Pa holds 456,180 shares or 2.33% of its portfolio. Wealthtrust holds 516 shares or 0.01% of its portfolio.

Since December 29, 2017, it had 0 insider purchases, and 1 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 1.57 million 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 4.39 million 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 $1.61 billion 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 $1.01 billion 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. Keefe Bruyette & Woods downgraded the shares of PRAA in report on Tuesday, October 10 to “Hold” rating. The stock of PRA Group, Inc. (NASDAQ:PRAA) earned “Mkt Perform” rating by JMP Securities on Friday, February 26. The company was initiated on Tuesday, June 7 by First Analysis. The firm has “Sell” rating by Janney Capital given on Wednesday, October 4. The stock of PRA Group, Inc. (NASDAQ:PRAA) has “Outperform” rating given on Tuesday, May 10 by Raymond James. Janney Capital upgraded PRA Group, Inc. (NASDAQ:PRAA) on Thursday, November 9 to “Neutral” rating. The stock has “Hold” rating by Oppenheimer on Monday, January 8. On Thursday, November 9 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Raymond James downgraded the shares of PRAA in report on Thursday, September 21 to “Underperform” rating. Keefe Bruyette & Woods maintained PRA Group, Inc. (NASDAQ:PRAA) rating on Wednesday, August 9. Keefe Bruyette & Woods has “Buy” rating and $4000 target.

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