Numerai GP LLC Has $721,000 Stock Position in World Acceptance Co. (NASDAQ:WRLD)

Numerai GP LLC lifted its position in World Acceptance Co. (NASDAQ:WRLD - Free Report) by 155.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,412 shares of the credit services provider's stock after purchasing an additional 3,901 shares during the quarter. Numerai GP LLC owned 0.11% of World Acceptance worth $721,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. KLP Kapitalforvaltning AS acquired a new position in World Acceptance during the fourth quarter worth $56,000. Amundi raised its stake in World Acceptance by 195.7% during the fourth quarter. Amundi now owns 1,591 shares of the credit services provider's stock worth $180,000 after acquiring an additional 1,053 shares in the last quarter. Wells Fargo & Company MN raised its stake in World Acceptance by 48.8% during the fourth quarter. Wells Fargo & Company MN now owns 1,643 shares of the credit services provider's stock worth $185,000 after acquiring an additional 539 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in World Acceptance by 4.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,966 shares of the credit services provider's stock worth $221,000 after acquiring an additional 76 shares in the last quarter. Finally, Comerica Bank raised its stake in World Acceptance by 3.8% during the fourth quarter. Comerica Bank now owns 2,513 shares of the credit services provider's stock worth $283,000 after acquiring an additional 93 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

World Acceptance Price Performance

Shares of NASDAQ:WRLD traded up $3.95 during midday trading on Friday, reaching $152.21. The company's stock had a trading volume of 39,560 shares, compared to its average volume of 29,205. The business's fifty day simple moving average is $128.91 and its 200-day simple moving average is $126.27. The company has a debt-to-equity ratio of 1.31, a current ratio of 22.46 and a quick ratio of 22.46. World Acceptance Co. has a fifty-two week low of $101.85 and a fifty-two week high of $161.63. The company has a market capitalization of $874.75 million, a P/E ratio of 10.63 and a beta of 1.29.

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 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 business had revenue of $165.27 million during the quarter, compared to analysts' expectations of $154.52 million. As a group, equities research analysts expect that World Acceptance Co. will post 14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered World Acceptance from a "strong-buy" rating to a "buy" rating in a research note on Saturday, May 10th.

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.