15,366 Shares in World Acceptance Co. (NASDAQ:WRLD) Acquired by Voleon Capital Management LP

Voleon Capital Management LP acquired a new position in World Acceptance Co. (NASDAQ:WRLD - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 15,366 shares of the credit services provider's stock, valued at approximately $1,728,000. Voleon Capital Management LP owned 0.27% of World Acceptance at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Northern Trust Corp lifted its position in 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 acquiring an additional 7,622 shares during the period. American Century Companies Inc. grew its position in World Acceptance by 11.0% during the fourth quarter. American Century Companies Inc. now owns 53,014 shares of the credit services provider's stock valued at $5,961,000 after buying an additional 5,245 shares during the period. Renaissance Technologies LLC increased its stake in shares of World Acceptance by 5.3% in the 4th quarter. Renaissance Technologies LLC now owns 34,400 shares of the credit services provider's stock worth $3,868,000 after purchasing an additional 1,734 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in World Acceptance by 10.6% in the 4th 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 period. Finally, JPMorgan Chase & Co. lifted its position in World Acceptance by 42.2% during the fourth quarter. JPMorgan Chase & Co. now owns 30,968 shares of the credit services provider's stock valued at $3,482,000 after purchasing an additional 9,194 shares in the last quarter. 83.63% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Scott Mcintyre sold 2,000 shares of the company's stock in a transaction dated Friday, February 14th. The shares were 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 approximately $1,079,030.26. This represents a 21.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Luke J. Umstetter sold 488 shares of the business's stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $150.19, for a total transaction of $73,292.72. Following the completion of the sale, the insider now directly owns 14,760 shares of the company's stock, valued at approximately $2,216,804.40. This trade represents a 3.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,988 shares of company stock valued at $445,523 over the last ninety days. 43.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of World Acceptance from a "buy" rating to a "strong-buy" rating in a research note on Friday.

World Acceptance Price Performance

WRLD traded down $2.45 on Tuesday, hitting $131.53. 6,048 shares of the company's stock traded hands, compared to its average volume of 29,148. 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 Co. has a one year low of $101.85 and a one year high of $161.63. The company's 50 day simple moving average is $126.00 and its 200-day simple moving average is $124.70. The firm has a market cap of $755.88 million, a price-to-earnings ratio of 9.22 and a beta of 1.29.

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

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.