PRA GROUP INC
No enriched coverage for $PRAA in the last 7 days.
No SEC Form 4 filings for $PRAA in the last 30 days.
Vanguard Capital Management has reported a 5.05% stake in PRA Group Inc. (PRAA), holding 1,943,981 shares. This disclosure was made via a Schedule 13G filing, indicating that Vanguard has sole voting power over 289,485 shares and sole dispositive power over all 1,943,981 shares. The filing underscores Vanguard's significant but passive investment in the company.
PRA Group, Inc. (NASDAQ:PRAA) has received a consensus "Hold" rating from analysts, with an average 1-year price target of $25.00. Recent analyst downgrades from Citizens Jmp, Citigroup, and Zacks Research contributed to this rating. The article also details significant institutional investor activity and the company's recent financial performance, including its Q4 earnings beat.
Short interest in PRA Group, Inc. (NASDAQ:PRAA) increased significantly by 61.6% in February, reaching approximately 1.27 million shares, which represents about 3.3% of its float with a days-to-cover ratio of 2.0. This surge occurred despite the company reporting better-than-expected Q4 earnings, with EPS of $1.46 against an estimated $0.50 and revenue of $333.4 million versus $288.9 million. While the stock saw a 24.3% jump to $15.75 after the positive earnings, analysts maintain a consensus "Hold" rating with an average price target of $25.00, expressing skepticism about sustained recovery and emphasizing the need for improved acquisition execution and collection efficiency.
