WINTON GROUP Ltd Acquires 324 Shares of World Acceptance Co. (NASDAQ:WRLD)

WINTON GROUP Ltd increased its holdings in World Acceptance Co. (NASDAQ:WRLD) by 3.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,513 shares of the credit services provider’s stock after buying an additional 324 shares during the period. WINTON GROUP Ltd owned about 0.17% of World Acceptance worth $1,070,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Intech Investment Management LLC bought a new position in shares of World Acceptance in the 3rd quarter worth $275,000. Quantbot Technologies LP lifted its position in shares of World Acceptance by 53.3% during the third quarter. Quantbot Technologies LP now owns 1,997 shares of the credit services provider’s stock valued at $236,000 after buying an additional 694 shares during the last quarter. FMR LLC boosted its holdings in shares of World Acceptance by 19.0% in the 3rd quarter. FMR LLC now owns 822 shares of the credit services provider’s stock valued at $97,000 after buying an additional 131 shares in the last quarter. PDT Partners LLC purchased a new position in shares of World Acceptance in the 3rd quarter worth approximately $830,000. Finally, ClearAlpha Technologies LP bought a new position in shares of World Acceptance during the 3rd quarter worth approximately $265,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

World Acceptance Trading Down 3.8 %

NASDAQ WRLD opened at $127.01 on Friday. World Acceptance Co. has a 12-month low of $101.85 and a 12-month high of $161.63. The company has a fifty day simple moving average of $134.04 and a two-hundred day simple moving average of $122.72. 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 stock has a market cap of $729.93 million, a P/E ratio of 8.87 and a beta of 1.48.

World Acceptance (NASDAQ:WRLD) last issued its earnings results on Tuesday, January 28th. The credit services provider reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $1.22. World Acceptance had a return on equity of 19.03% and a net margin of 14.41%. On average, analysts forecast that World Acceptance Co. will post 14 earnings per share for the current year.

Analysts Set New Price Targets

Separately, StockNews.com lowered World Acceptance from a “strong-buy” rating to a “buy” rating in a research note on Saturday.

Insider Buying and Selling

In other World Acceptance news, insider Luke J. Umstetter sold 600 shares of the company’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $150.00, for a total value of $90,000.00. Following the sale, the insider now directly owns 15,248 shares of the company’s stock, valued at approximately $2,287,200. This represents a 3.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Scott Mcintyre sold 2,000 shares of World Acceptance 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 owns 7,183 shares of the company’s stock, 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 4,188 shares of company stock worth $619,409. 43.20% of the stock is owned by company insiders.

About World Acceptance

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.