FleetCor Technologies, Inc. (FLT) Touches $203.27 High on Jan, 14; Turtle Creek Asset Management Has Raised Pra Group (PRAA) Position By $43.86 Million

January 14, 2018 - By Vivian Park

Turtle Creek Asset Management Inc increased Pra Group Inc (PRAA) stake by 35.69% reported in 2017Q3 SEC filing. Turtle Creek Asset Management Inc acquired 1.57M shares as Pra Group Inc (PRAA)’s stock declined 12.34%. The Turtle Creek Asset Management Inc holds 5.96 million shares with $170.64M value, up from 4.39 million last quarter. Pra Group Inc now has $1.60 billion valuation. The stock decreased 0.14% or $0.05 during the last trading session, reaching $35.4. About 221,200 shares traded. PRA Group, Inc. (NASDAQ:PRAA) has risen 44.62% since January 14, 2017 and is uptrending. It has outperformed by 27.92% the S&P500.




The stock of FleetCor Technologies, Inc. (NYSE:FLT) reached all time high today, Jan, 14 and still has $213.43 target or 5.00% above today’s $203.27 share price. This indicates more upside for the $18.21 billion company. This technical setup was reported by Barchart.com. If the $213.43 PT is reached, the company will be worth $910.25M more. The stock increased 0.34% or $0.69 during the last trading session, reaching $203.27. About 353,400 shares traded. FleetCor Technologies, Inc. (NYSE:FLT) has declined 6.67% since January 14, 2017 and is downtrending. It has underperformed by 23.37% the S&P500.

Investors sentiment decreased to 0.76 in Q3 2017. Its down 0.60, from 1.36 in 2017Q2. It dived, 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. Ameritas Inv Partners accumulated 0.01% or 3,981 shares. First Bank Of Omaha stated it has 0.21% in PRA Group, Inc. (NASDAQ:PRAA). Price T Rowe Associates Inc Md holds 0.01% or 2.50 million shares in its portfolio. Burney has invested 0.14% in PRA Group, Inc. (NASDAQ:PRAA). 2,623 are owned by Parkside National Bank & Trust &. Account Mgmt Limited Com invested in 2.77% or 104,599 shares. Df Dent & reported 8,539 shares or 0.01% of all its holdings. Pitcairn holds 9,904 shares. Voya Invest Management Lc stated it has 21,442 shares. Counselors Of Maryland owns 617,790 shares or 0.9% of their US portfolio. 212 are held by Tradewinds Capital Mgmt Llc. Staley Cap Advisers has 9,476 shares. Commercial Bank Of Montreal Can has invested 0.01% in PRA Group, Inc. (NASDAQ:PRAA). 32,142 were reported by Metropolitan Life Communications. First Advsr Limited Partnership owns 29,465 shares.

Since December 29, 2017, it had 0 buys, and 1 sale for $66,064 activity. 1,975 shares were sold by KYLE PENELOPE W, worth $66,064 on Friday, December 29.

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 “Strong Buy” rating by Raymond James given on Tuesday, November 17. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. Janney Capital upgraded the shares of PRAA in report on Thursday, November 9 to “Neutral” rating. The firm has “Mkt Perform” rating given on Tuesday, November 8 by Raymond James. The stock of PRA Group, Inc. (NASDAQ:PRAA) earned “Hold” rating by Keefe Bruyette & Woods on Tuesday, October 10. The stock of PRA Group, Inc. (NASDAQ:PRAA) earned “Mkt Perform” rating by JMP Securities on Friday, February 26. The stock of PRA Group, Inc. (NASDAQ:PRAA) has “Hold” rating given on Monday, January 8 by Oppenheimer. The firm earned “Overweight” rating on Tuesday, June 7 by First Analysis. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, September 14. The rating was downgraded by Raymond James on Thursday, September 21 to “Underperform”.

Investors sentiment increased to 1.27 in 2017 Q3. Its up 0.36, from 0.91 in 2017Q2. It improved, as 26 investors sold FleetCor Technologies, Inc. shares while 99 reduced holdings. 39 funds opened positions while 120 raised stakes. 83.71 million shares or 5.44% less from 88.52 million shares in 2017Q2 were reported. Citigroup holds 0% or 34,681 shares. Moreover, Dekabank Deutsche Girozentrale has 0.01% invested in FleetCor Technologies, Inc. (NYSE:FLT) for 5,454 shares. Sumitomo Mitsui Asset Management owns 6,349 shares. Bokf Na stated it has 0.01% in FleetCor Technologies, Inc. (NYSE:FLT). Moreover, Saturna Corporation has 0.03% invested in FleetCor Technologies, Inc. (NYSE:FLT) for 5,158 shares. Point72 Asia (Hong Kong) stated it has 0.01% in FleetCor Technologies, Inc. (NYSE:FLT). Brinker holds 0.17% or 27,283 shares. Eaton Vance Mgmt holds 0% in FleetCor Technologies, Inc. (NYSE:FLT) or 1,615 shares. 3,245 are held by Alps Inc. 15,365 are held by Blair William And Il. Blackrock Inc owns 0.03% invested in FleetCor Technologies, Inc. (NYSE:FLT) for 4.30 million shares. 2,100 were reported by Robeco Institutional Asset Bv. 106,383 were accumulated by State Of Wisconsin Inv Board. 12 West Cap Mngmt Limited Partnership reported 911,118 shares or 19.72% of all its holdings. State Board Of Administration Of Florida Retirement accumulated 137,637 shares or 0.06% of the stock.

Analysts await FleetCor Technologies, Inc. (NYSE:FLT) to report earnings on February, 14. They expect $2.14 earnings per share, up 20.22% or $0.36 from last year’s $1.78 per share. FLT’s profit will be $191.66M for 23.75 P/E if the $2.14 EPS becomes a reality. After $2.01 actual earnings per share reported by FleetCor Technologies, Inc. for the previous quarter, Wall Street now forecasts 6.47% EPS growth.

Among 16 analysts covering Fleetcor Technologies (NYSE:FLT), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Fleetcor Technologies had 49 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Wednesday, September 21 by Barclays Capital. As per Friday, August 5, the company rating was upgraded by Oppenheimer. On Wednesday, October 11 the stock rating was maintained by Jefferies with “Buy”. Keefe Bruyette & Woods maintained the stock with “Outperform” rating in Wednesday, February 3 report. Jefferies maintained the stock with “Buy” rating in Wednesday, April 5 report. The rating was initiated by Compass Point with “Neutral” on Friday, April 15. As per Wednesday, September 20, the company rating was maintained by Oppenheimer. As per Wednesday, November 1, the company rating was maintained by Oppenheimer. The firm earned “Neutral” rating on Friday, December 11 by Credit Suisse. The company was maintained on Wednesday, October 18 by Morgan Stanley.

FleetCor Technologies, Inc. provides fuel cards, commercial payment and data solutions, gift card and stored value solutions, and workforce payment services and products primarily in the United States, Brazil, and the United Kingdom. The company has market cap of $18.21 billion. It sells a range of customized fleet and lodging payment programs; and offers card products to purchase fuel, lodging, food, toll, transportation, and related services and products at participating locations. It has a 34.66 P/E ratio. The firm also offers telematics solution that allows fleet operators to monitor the capacity utilization and movement of vehicles and drivers; vehicle maintenance services; prepaid fuel and food vouchers, and cards; and workforce payment products related to public transportation and toll vouchers.

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