Dimensional Fund Advisors LP Cuts Stock Position in World Acceptance Co. (NASDAQ:WRLD)

Dimensional Fund Advisors LP lessened its stake in shares of World Acceptance Co. (NASDAQ:WRLD - Free Report) by 0.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 273,382 shares of the credit services provider's stock after selling 2,264 shares during the period. Dimensional Fund Advisors LP owned approximately 4.75% of World Acceptance worth $30,739,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new stake in shares of World Acceptance in the 4th quarter worth about $56,000. Amundi lifted 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 worth $180,000 after purchasing an additional 1,053 shares during the last quarter. Wells Fargo & Company MN lifted its stake in World Acceptance by 48.8% in the fourth quarter. Wells Fargo & Company MN now owns 1,643 shares of the credit services provider's stock worth $185,000 after purchasing an additional 539 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of World Acceptance during the fourth quarter valued at approximately $302,000. Finally, ExodusPoint Capital Management LP grew its stake in shares of World Acceptance by 63.1% during the fourth quarter. ExodusPoint Capital Management LP now owns 5,130 shares of the credit services provider's stock valued at $577,000 after buying an additional 1,985 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

Insider Activity 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 stock was sold at an average price of $143.58, for a total value of $71,790.00. Following the completion of the sale, the senior vice president now directly 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 this hyperlink. Also, SVP Scott Mcintyre sold 2,000 shares of the stock in a transaction on Friday, February 14th. The stock was sold at an average price of $150.22, for a total value of $300,440.00. Following the transaction, the senior vice president now directly owns 7,183 shares in the company, valued at $1,079,030.26. The trade was a 21.78% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,988 shares of company stock worth $445,523. Company insiders own 43.20% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered World Acceptance from a "strong-buy" rating to a "buy" rating in a research note on Saturday.

World Acceptance Trading Up 2.4%

Shares of WRLD traded up $3.28 during trading hours on Friday, reaching $140.55. 34,597 shares of the company traded hands, compared to its average volume of 29,000. The stock's fifty day moving average price is $126.34 and its 200 day moving average price is $125.22. The company has a current ratio of 22.46, a quick ratio of 22.46 and a debt-to-equity ratio of 1.31. The firm has a market cap of $807.74 million, a price-to-earnings ratio of 9.81 and a beta of 1.29. World Acceptance Co. has a 12-month low of $101.85 and a 12-month high of $161.63.

World Acceptance (NASDAQ:WRLD - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The credit services provider reported $8.13 earnings per share for the quarter, beating analysts' consensus estimates of $6.42 by $1.71. The company had revenue of $165.27 million during the quarter, compared to analyst estimates of $154.52 million. World Acceptance had a net margin of 14.41% and a return on equity of 19.03%. Sell-side analysts forecast that World Acceptance Co. will post 14 earnings per share for the current year.

About World Acceptance

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.