SCHEDULE: T. Rowe Price Discloses 9% Stake in PRA Group
Beneficial Ownership Disclosure
T. Rowe Price Investment Management, Inc. has disclosed a 9.0% beneficial ownership stake in PRA Group Inc. common stock.
Summary
- T. Rowe Price Investment Management, Inc. reported beneficial ownership of 3,574,602 shares of PRA Group Inc. common stock.
- This stake represents 9.0% of PRA Group Inc.'s outstanding common stock.
- T. Rowe Price Investment Management, Inc. holds sole voting power over 3,548,268 shares and sole dispositive power over 3,574,602 shares.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a standard beneficial ownership disclosure (Schedule 13G) and does not contain information that inherently indicates positive or negative sentiment regarding the issuer's performance or outlook. It is a neutral, factual report of an investment stake.
Future Outlook
NA
Industry Context
This filing reflects a significant passive investment by a major institutional asset manager, T. Rowe Price Investment Management, Inc., in PRA Group Inc. Such disclosures are routine for large investment firms reaching or exceeding beneficial ownership thresholds.
Stakeholder Impact
- Shareholders: The disclosure of a significant stake by a reputable institutional investor like T. Rowe Price may be viewed positively, potentially signaling confidence in the company's long-term prospects.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which requires filing of this statement |
| 08/14/2025 | Signature date of the Schedule 13G filing |
Keywords
PRA Group Inc, T. Rowe Price Investment Management, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Investment Management
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.