Dimensional Fund Advisors LP lowered its holdings in World Acceptance Co. (NASDAQ:WRLD - Free Report) by 0.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 273,382 shares of the credit services provider's stock after selling 2,264 shares during the quarter. Dimensional Fund Advisors LP owned about 4.75% of World Acceptance worth $30,739,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in WRLD. Principal Financial Group Inc. increased its stake in World Acceptance by 1.1% in the fourth quarter. Principal Financial Group Inc. now owns 15,776 shares of the credit services provider's stock valued at $1,774,000 after purchasing an additional 176 shares during the last quarter. Barclays PLC grew its position in shares of World Acceptance by 282.9% in the 3rd quarter. Barclays PLC now owns 7,657 shares of the credit services provider's stock valued at $903,000 after buying an additional 5,657 shares during the last quarter. American Century Companies Inc. raised its stake in World Acceptance by 11.0% during the 4th quarter. American Century Companies Inc. now owns 53,014 shares of the credit services provider's stock worth $5,961,000 after acquiring an additional 5,245 shares in the last quarter. Amundi boosted its stake in World Acceptance by 195.7% in the fourth quarter. Amundi now owns 1,591 shares of the credit services provider's stock valued at $180,000 after acquiring an additional 1,053 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of World Acceptance by 10.6% during the fourth quarter. Bank of New York Mellon Corp now owns 32,681 shares of the credit services provider's stock worth $3,675,000 after purchasing an additional 3,141 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company's stock.
World Acceptance Stock Performance
Shares of World Acceptance stock traded up $3.28 during trading on Friday, reaching $140.55. The company's stock had a trading volume of 34,597 shares, compared to its average volume of 29,083. The company has a 50-day moving average price of $126.04 and a two-hundred day moving average price of $124.93. World Acceptance Co. has a fifty-two week low of $101.85 and a fifty-two week high of $161.63. The firm has a market cap of $807.74 million, a PE ratio of 9.81 and a beta of 1.29. The company has a current ratio of 22.46, a quick ratio of 22.46 and a debt-to-equity ratio of 1.31.
World Acceptance (NASDAQ:WRLD - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The credit services provider reported $8.13 EPS for the quarter, beating analysts' consensus estimates of $6.42 by $1.71. World Acceptance had a net margin of 14.41% and a return on equity of 19.03%. The company had revenue of $165.27 million for the quarter, compared to analyst estimates of $154.52 million. On average, analysts forecast that World Acceptance Co. will post 14 EPS for the current year.
Insider Buying and Selling at World Acceptance
In other World Acceptance news, SVP Jason E. Childers sold 500 shares of the company's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $143.58, for a total transaction of $71,790.00. Following the completion of the transaction, the senior vice president now owns 8,039 shares in the company, valued at approximately $1,154,239.62. This represents a 5.86 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Scott Mcintyre sold 2,000 shares of World Acceptance stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $150.22, for a total transaction of $300,440.00. Following the completion of the sale, the senior vice president now directly owns 7,183 shares in the company, valued at approximately $1,079,030.26. The trade was a 21.78 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,988 shares of company stock valued at $445,523 in the last ninety days. Insiders own 43.20% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised World Acceptance from a "buy" rating to a "strong-buy" rating in a report on Friday, May 2nd.
Check Out Our Latest Stock Report on WRLD
World Acceptance Profile
(
Free Report)
World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships.
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