XTX Topco Ltd Takes Position in World Acceptance Co. (NASDAQ:WRLD)

XTX Topco Ltd bought a new position in World Acceptance Co. (NASDAQ:WRLD - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,687 shares of the credit services provider's stock, valued at approximately $302,000.

Several other institutional investors also recently modified their holdings of WRLD. Barclays PLC grew its holdings in World Acceptance by 7.3% in the fourth quarter. Barclays PLC now owns 8,218 shares of the credit services provider's stock worth $924,000 after purchasing an additional 561 shares during the period. Renaissance Technologies LLC increased its position in World Acceptance by 5.3% during the 4th quarter. Renaissance Technologies LLC now owns 34,400 shares of the credit services provider's stock valued at $3,868,000 after buying an additional 1,734 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 valued at $185,000 after buying an additional 539 shares during the last quarter. Integrated Quantitative Investments LLC purchased a new stake in shares of World Acceptance in the fourth quarter worth $1,082,000. Finally, ExodusPoint Capital Management LP raised its position in shares of World Acceptance by 63.1% in the 4th quarter. ExodusPoint Capital Management LP now owns 5,130 shares of the credit services provider's stock worth $577,000 after purchasing an additional 1,985 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors.

World Acceptance Stock Down 9.1 %

Shares of WRLD stock traded down $12.85 during mid-day trading on Wednesday, hitting $129.12. The company's stock had a trading volume of 37,743 shares, compared to its average volume of 29,495. 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 52-week low of $101.85 and a 52-week high of $161.63. The stock has a market cap of $742.05 million, a price-to-earnings ratio of 9.02 and a beta of 1.35. The business has a 50-day moving average price of $126.15 and a 200 day moving average price of $124.28.

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 (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 business had revenue of $165.27 million for the quarter, compared to analysts' expectations of $154.52 million. Research analysts predict that World Acceptance Co. will post 14 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Scott Mcintyre sold 2,000 shares of World Acceptance stock in a transaction on Friday, February 14th. The stock was sold at an average price of $150.22, for a total transaction 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. The trade was a 21.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Luke J. Umstetter sold 488 shares of World Acceptance stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $150.19, for a total value of $73,292.72. Following the transaction, the insider now directly owns 14,760 shares in the company, valued at approximately $2,216,804.40. The trade was a 3.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,588 shares of company stock valued at $529,409. Company insiders own 43.20% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of World Acceptance from a "strong-buy" rating to a "buy" rating in a research note on Monday, April 14th.

World Acceptance Company 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.