Marshall Wace LLP Purchases 5,980 Shares of World Acceptance Co. (NASDAQ:WRLD)

Marshall Wace LLP increased its position in shares of World Acceptance Co. (NASDAQ:WRLD - Free Report) by 122.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,871 shares of the credit services provider's stock after purchasing an additional 5,980 shares during the quarter. Marshall Wace LLP owned 0.19% of World Acceptance worth $1,222,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of WRLD. KLP Kapitalforvaltning AS bought a new position in World Acceptance in the fourth quarter valued at about $56,000. Amundi increased its position in World Acceptance by 195.7% during the 4th quarter. Amundi now owns 1,591 shares of the credit services provider's stock worth $180,000 after purchasing an additional 1,053 shares in the last quarter. Wells Fargo & Company MN lifted its stake in World Acceptance by 48.8% in the 4th quarter. Wells Fargo & Company MN now owns 1,643 shares of the credit services provider's stock valued at $185,000 after purchasing an additional 539 shares during the last quarter. XTX Topco Ltd acquired a new stake in World Acceptance in 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 worth $577,000 after buying an additional 1,985 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

World Acceptance Trading Up 1.3 %

Shares of World Acceptance stock traded up $1.67 on Friday, hitting $133.02. The stock had a trading volume of 19,069 shares, compared to its average volume of 29,286. The stock has a 50 day moving average of $126.02 and a 200 day moving average of $124.55. The company has a debt-to-equity ratio of 1.31, a quick ratio of 22.46 and a current ratio of 22.46. World Acceptance Co. has a twelve month low of $101.85 and a twelve month high of $161.63. The firm has a market capitalization of $764.47 million, a P/E ratio of 9.29 and a beta of 1.35.

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

Insider Buying and Selling

In related news, SVP Jason E. Childers sold 500 shares of World Acceptance stock in a transaction that occurred 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 transaction, the senior vice president now directly owns 8,039 shares of the company's stock, valued at $1,154,239.62. The trade was a 5.86 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Luke J. Umstetter sold 488 shares of the stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $150.19, for a total transaction of $73,292.72. Following the sale, the insider now directly owns 14,760 shares of the company's stock, valued at $2,216,804.40. This represents a 3.20 % 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 three months. 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.

World Acceptance Profile

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.