Two Sigma Advisers LP Lowers Holdings in World Acceptance Co. (NASDAQ:WRLD)

Two Sigma Advisers LP decreased its position in World Acceptance Co. (NASDAQ:WRLD - Free Report) by 39.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,700 shares of the credit services provider's stock after selling 10,200 shares during the quarter. Two Sigma Advisers LP owned 0.27% of World Acceptance worth $1,765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. increased its stake in World Acceptance by 1.1% in the 4th quarter. Principal Financial Group Inc. now owns 15,776 shares of the credit services provider's stock worth $1,774,000 after acquiring an additional 176 shares during the last quarter. American Century Companies Inc. increased its position in shares of 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 valued at $5,961,000 after purchasing an additional 5,245 shares during the last quarter. Northern Trust Corp increased its position in shares of World Acceptance by 13.4% during the 4th quarter. Northern Trust Corp now owns 64,584 shares of the credit services provider's stock valued at $7,262,000 after purchasing an additional 7,622 shares during the last quarter. Amundi increased its position in shares of World Acceptance by 195.7% during the 4th quarter. Amundi now owns 1,591 shares of the credit services provider's stock valued at $180,000 after purchasing an additional 1,053 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of World Acceptance by 10.6% during the 4th quarter. Bank of New York Mellon Corp now owns 32,681 shares of the credit services provider's stock valued at $3,675,000 after purchasing an additional 3,141 shares during the last quarter. Institutional investors own 83.63% of the company's stock.

Insider Activity at World Acceptance

In related news, SVP Alice Lindsay Caulder sold 1,010 shares of the business's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $150.00, for a total transaction of $151,500.00. Following the completion of the transaction, the senior vice president now owns 10,315 shares in the company, valued at $1,547,250. The trade was a 8.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 43.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded World Acceptance from a "strong-buy" rating to a "buy" rating in a research report on Tuesday.

World Acceptance Trading Up 0.4%

Shares of NASDAQ WRLD traded up $0.57 during trading hours on Tuesday, hitting $156.11. 3,866 shares of the company traded hands, compared to its average volume of 29,147. The stock has a market capitalization of $828.48 million, a price-to-earnings ratio of 10.90 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. The company's 50 day moving average price is $134.33 and its 200 day moving average price is $128.64. 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 posted its quarterly earnings data on Tuesday, April 29th. The credit services provider reported $8.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.42 by $1.71. World Acceptance had a return on equity of 19.03% and a net margin of 14.41%. The company had revenue of $165.27 million during the quarter, compared to analysts' expectations of $154.52 million. On average, equities research analysts anticipate that World Acceptance Co. will post 14 earnings per share for the current fiscal 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.