Quentec Asset Management Has Upped Himax Technologies (HIMX) Position by $5.91 Million as Market Valuation Declined; Investment Management Of Virginia Raised Its Pra Group (PRAA) Holding by $1.23 Million as Shares Declined

January 18, 2018 - By Maria Brooks

Investment Management Of Virginia Llc increased its stake in Pra Group Inc. (PRAA) by 19.74% based on its latest 2017Q3 regulatory filing with the SEC. Investment Management Of Virginia Llc bought 43,840 shares as the company’s stock declined 12.34% while stock markets rallied. The institutional investor held 265,876 shares of the finance company at the end of 2017Q3, valued at $7.62M, up from 222,036 at the end of the previous reported quarter. Investment Management Of Virginia Llc who had been investing in Pra Group Inc. for a number of months, seems to be bullish on the $1.58 billion market cap company. The stock decreased 0.14% or $0.05 during the last trading session, reaching $34.9. About 245,936 shares traded. PRA Group, Inc. (NASDAQ:PRAA) has risen 44.62% since January 18, 2017 and is uptrending. It has outperformed by 27.92% the S&P500.

Quentec Asset Management Llc increased its stake in Himax Technologies Inc (HIMX) by 28.5% based on its latest 2017Q3 regulatory filing with the SEC. Quentec Asset Management Llc bought 591,273 shares as the company’s stock declined 2.59% while stock markets rallied. The hedge fund held 2.67M shares of the technology company at the end of 2017Q3, valued at $29.14 million, up from 2.07M at the end of the previous reported quarter. Quentec Asset Management Llc who had been investing in Himax Technologies Inc for a number of months, seems to be bullish on the $1.70B market cap company. The stock increased 0.20% or $0.02 during the last trading session, reaching $9.89. About 3.84M shares traded. Himax Technologies, Inc. (NASDAQ:HIMX) has declined 20.28% since January 18, 2017 and is downtrending. It has underperformed by 36.98% the S&P500.

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. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, October 10. The rating was upgraded by Raymond James on Tuesday, November 17 to “Strong Buy”. The firm earned “Mkt Perform” rating on Tuesday, November 8 by Raymond James. The firm earned “Hold” rating on Monday, January 8 by Oppenheimer. The stock of PRA Group, Inc. (NASDAQ:PRAA) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, November 9. Raymond James downgraded PRA Group, Inc. (NASDAQ:PRAA) on Tuesday, May 10 to “Outperform” rating. On Thursday, September 14 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The rating was downgraded by JMP Securities on Friday, February 26 to “Mkt Perform”. The firm has “Buy” rating by Keefe Bruyette & Woods given on Wednesday, August 9. The rating was initiated by First Analysis with “Overweight” on Tuesday, June 7.

Since December 29, 2017, it had 0 buys, and 1 sale for $66,064 activity.

Investors sentiment decreased to 0.76 in 2017 Q3. Its down 0.60, from 1.36 in 2017Q2. It dropped, 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. Turtle Creek Asset Mngmt Inc owns 5.96 million shares. State Board Of Administration Of Florida Retirement, Florida-based fund reported 33,365 shares. Schwab Charles has invested 0.01% in PRA Group, Inc. (NASDAQ:PRAA). Moreover, S&T National Bank & Trust Pa has 2.33% invested in PRA Group, Inc. (NASDAQ:PRAA) for 456,180 shares. Voya Investment Mngmt Ltd Liability Company holds 0% of its portfolio in PRA Group, Inc. (NASDAQ:PRAA) for 21,442 shares. Nationwide Fund Advsrs has invested 0% in PRA Group, Inc. (NASDAQ:PRAA). Tci Wealth Advsr invested in 0% or 35 shares. Castleark Limited Liability Corp holds 0.03% of its portfolio in PRA Group, Inc. (NASDAQ:PRAA) for 31,710 shares. Sector Pension Board holds 0% or 28,485 shares in its portfolio. Brinker Capital, a Pennsylvania-based fund reported 9,213 shares. Oppenheimer Asset Management Incorporated invested 0.06% of its portfolio in PRA Group, Inc. (NASDAQ:PRAA). Torray Limited Liability reported 17,122 shares. Dimensional Fund Advsrs Ltd Partnership holds 1.90 million shares. The Massachusetts-based Loomis Sayles And Company LP has invested 0.02% in PRA Group, Inc. (NASDAQ:PRAA). Grp Incorporated One Trading LP has 0% invested in PRA Group, Inc. (NASDAQ:PRAA) for 5,580 shares.

Investment Management Of Virginia Llc, which manages about $425.49M US Long portfolio, decreased its stake in Noble Energy Inc (NYSE:NBL) by 25,800 shares to 96,536 shares, valued at $2.74M in 2017Q3, according to the filing. It also reduced its holding in Dsw Inc. (NYSE:DSW) by 23,445 shares in the quarter, leaving it with 292,289 shares, and cut its stake in Babcock & Wilcox Enterprises.

Among 12 analysts covering Himax Tech (NASDAQ:HIMX), 7 have Buy rating, 2 Sell and 3 Hold. Therefore 58% are positive. Himax Tech had 47 analyst reports since August 10, 2015 according to SRatingsIntel. On Wednesday, January 18 the stock rating was downgraded by Credit Suisse to “Neutral”. On Wednesday, August 30 the stock rating was maintained by Robert W. Baird with “Buy”. Northland Capital maintained it with “Buy” rating and $1200 target in Thursday, August 3 report. The firm has “Neutral” rating given on Monday, January 30 by Robert W. Baird. The company was upgraded on Tuesday, February 23 by Craig Hallum. Craig Hallum downgraded the shares of HIMX in report on Tuesday, January 10 to “Hold” rating. The firm earned “Sell” rating on Friday, July 21 by Rosenblatt. Roth Capital maintained it with “Buy” rating and $15.0 target in Wednesday, November 29 report. Robert W. Baird maintained it with “Buy” rating and $12.0 target in Tuesday, January 9 report. Robert W. Baird upgraded the shares of HIMX in report on Friday, August 4 to “Buy” rating.

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