Texas Permanent School Fund Has $722,000 Position in Pra Group Inc (PRAA)

Texas Permanent School Fund boosted its position in Pra Group Inc (NASDAQ:PRAA) by 4.0% in the 4th quarter, Holdings Channel reports. The firm owned 29,646 shares of the business services provider’s stock after purchasing an additional 1,143 shares during the period. Texas Permanent School Fund’s holdings in Pra Group were worth $722,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. MetLife Investment Advisors LLC raised its stake in Pra Group by 56.7% in the 3rd quarter. MetLife Investment Advisors LLC now owns 30,388 shares of the business services provider’s stock valued at $1,094,000 after purchasing an additional 11,000 shares during the last quarter. Loomis Sayles & Co. L P raised its stake in Pra Group by 2.3% in the 3rd quarter. Loomis Sayles & Co. L P now owns 389,836 shares of the business services provider’s stock valued at $14,034,000 after purchasing an additional 8,933 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Pra Group by 20.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,442 shares of the business services provider’s stock valued at $84,000 after purchasing an additional 583 shares during the last quarter. Peregrine Capital Management LLC raised its stake in Pra Group by 100.1% in the 4th quarter. Peregrine Capital Management LLC now owns 318,150 shares of the business services provider’s stock valued at $7,753,000 after purchasing an additional 159,134 shares during the last quarter. Finally, Global Alpha Capital Management Ltd. raised its stake in Pra Group by 22.7% in the 3rd quarter. Global Alpha Capital Management Ltd. now owns 603,883 shares of the business services provider’s stock valued at $21,740,000 after purchasing an additional 111,900 shares during the last quarter.

NASDAQ PRAA opened at $26.79 on Wednesday. Pra Group Inc has a 12 month low of $22.62 and a 12 month high of $43.75. The stock has a market cap of $1.25 billion, a PE ratio of 18.59 and a beta of 1.84.

Several research analysts recently weighed in on the stock. ValuEngine downgraded shares of Pra Group from a “buy” rating to a “hold” rating in a research note on Tuesday, December 11th. BidaskClub downgraded shares of Pra Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 6th. William Blair reaffirmed an “outperform” rating on shares of Pra Group in a research note on Friday, March 1st. Finally, Buckingham Research assumed coverage on shares of Pra Group in a research note on Thursday, January 3rd. They set a “neutral” rating for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. Pra Group currently has an average rating of “Hold” and a consensus target price of $35.00.

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Pra Group Profile

PRA Group, Inc, a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas and Europe. It is involved in the acquisition of accounts that are primarily the unpaid obligations of individuals owed to credit grantors, which include banks and other types of consumer, retail, and auto finance companies.

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Institutional Ownership by Quarter for Pra Group (NASDAQ:PRAA)

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