1 week Ago By Defense World Staff
Legal & General Group Plc cut its stake in shares of World Acceptance Co. ( NASDAQ:WRLD – Free Report ) by 0.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission.
The firm owned 8,563 shares of the credit services provider’s stock after selling 77 shares during the period. Legal & General Group Plc owned 0.15% of World Acceptance worth $963,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its stake in World Acceptance by 48.8% during the 4th quarter.
Wells Fargo & Company MN now owns 1,643 shares of the credit services provider’s stock worth $185,000 after buying an additional 539 shares during the period. Integrated Quantitative Investments LLC bought a new position in World Acceptance during the 4th quarter worth $1,082,000. ExodusPoint Capital Management LP increased its holdings 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 acquiring an additional 1,985 shares during the period. Norges Bank bought a new stake in shares of World Acceptance during the fourth quarter valued at approximately $1,878,000.
Finally, JPMorgan Chase & Co. raised its stake in World Acceptance by 42.2% during the 4th quarter.
JPMorgan Chase & Co. now owns 30,968 shares of the credit services provider’s stock valued at $3,482,000 after acquiring an additional 9,194 shares in the last quarter. 83.
63% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth Separately, StockNews.com lowered World Acceptance from a “strong-buy” rating to a “buy” rating in a research note on Monday, April 14th.
Insider Buying and Selling In other World Acceptance news, SVP Alice Lindsay Caulder sold 600 shares of the firm’s stock in a transaction on Friday, January 31st. The shares were sold at an average price of $139.81, for a total value of $83,886.
00. Following the sale, the senior vice president now directly owns 8,524 shares in the company, valued at $1,191,740.44.
This trade represents a 6.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 value of $73,292.72. Following the transaction, the insider now owns 14,760 shares in the company, valued at $2,216,804.
40. This represents a 3.20 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . In the last 90 days, insiders sold 4,188 shares of company stock valued at $619,409. Insiders own 43.
20% of the company’s stock. World Acceptance Trading Down 1.1 % Shares of NASDAQ WRLD opened at $134.
15 on Monday. The firm has a market capitalization of $770.96 million, a PE ratio of 9.
37 and a beta of 1.35. 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 business has a 50-day moving average price of $126.62 and a two-hundred day moving average price of $123.97.
World Acceptance Co. has a one year low of $101.85 and a one year high of $161.
63. World Acceptance ( NASDAQ:WRLD – Get Free Report ) last announced its quarterly earnings results on Tuesday, January 28th. The credit services provider reported $2.
45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $1.22.
World Acceptance had a return on equity of 19.03% and a net margin of 14.41%.
As a group, analysts predict that World Acceptance Co. will post 14 earnings per share for the current fiscal year. About World Acceptance ( Free Report ) 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. Read More Five stocks we like better than World Acceptance 3 Best Fintech Stocks for a Portfolio Boost Texas Instruments: Earnings Beat, Upbeat Guidance Fuel Recovery Low PE Growth Stocks: Unlocking Investment Opportunities O’Reilly Automotive: An Anytime Buy for Buy-and-Hold Investors How to Calculate Retirement Income: MarketBeat’s Calculator Chipotle Mexican Grill Serves Smoking Hot Entry Point in Q2 Receive News & Ratings for World Acceptance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for World Acceptance and related companies with MarketBeat.
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