12 hours Ago By ABMN Staff
Marshall Wace LLP increased its position in shares of World Acceptance Co. ( NASDAQ:WRLD – Free Report ) by 122.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
The firm owned 10,871 shares of the credit services provider’s stock after buying an additional 5,980 shares during the period. Marshall Wace LLP’s holdings in World Acceptance were worth $1,222,000 at the end of the most recent quarter. Several other institutional investors have also recently made changes to their positions in the company.
KLP Kapitalforvaltning AS bought a new stake in World Acceptance during the fourth quarter valued at about $56,000. Amundi boosted its position in World Acceptance by 195.7% during the fourth quarter.
Amundi now owns 1,591 shares of the credit services provider’s stock valued at $180,000 after purchasing an additional 1,053 shares in the last quarter. Wells Fargo & Company MN boosted its position 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 purchasing an additional 539 shares in the last quarter. XTX Topco Ltd bought a new stake in World Acceptance during the fourth quarter valued at about $302,000. Finally, ExodusPoint Capital Management LP boosted its position in 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 valued at $577,000 after purchasing an additional 1,985 shares in the last quarter. Hedge funds and other institutional investors own 83.
63% of the company’s stock. Analyst Ratings Changes Separately, StockNews.com downgraded World Acceptance from a “strong-buy” rating to a “buy” rating in a research report on Monday, April 14th.
Insider Buying and Selling at World Acceptance In other World Acceptance news, SVP Alice Lindsay Caulder sold 600 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $139.81, for a total transaction of $83,886.
00. Following the transaction, the senior vice president now owns 8,524 shares in the company, valued at approximately $1,191,740.44.
This represents a 6.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website .
Also, SVP Scott Mcintyre sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $150.22, for a total transaction of $300,440.
00. Following the transaction, the senior vice president now owns 7,183 shares in the company, valued at $1,079,030.26.
The trade was a 21.78 % decrease in their position. The disclosure for this sale can be found here .
In the last quarter, insiders have sold 3,588 shares of company stock worth $529,409. 43.20% of the stock is owned by corporate insiders.
World Acceptance Price Performance Shares of NASDAQ WRLD opened at $141.97 on Wednesday. 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 cap of $815.90 million, a PE ratio of 9.91 and a beta of 1.
35. The company has a debt-to-equity ratio of 1.31, a quick ratio of 22.
46 and a current ratio of 22.46. The business has a 50-day simple moving average of $126.
37 and a two-hundred day simple moving average of $124.24. World Acceptance ( NASDAQ:WRLD – Get Free Report ) last released its earnings results on Tuesday, April 29th.
The credit services provider reported $8.13 earnings per share for the quarter, topping 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 company had revenue of $165.27 million for the quarter, compared to the consensus estimate of $154.
52 million. As a group, equities analysts expect that World Acceptance Co. will post 14 EPS for the current fiscal year.
World Acceptance Profile ( 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.
Further Reading Want to see what other hedge funds are holding WRLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for World Acceptance Co. ( NASDAQ:WRLD – Free Report ).
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