Louisiana State Employees Retirement System Invests $222,000 in World Acceptance Co. (NASDAQ:WRLD)

Louisiana State Employees Retirement System acquired a new position in shares of World Acceptance Co. (NASDAQ:WRLD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,700 shares of the credit services provider’s stock, valued at approximately $222,000.

Several other hedge funds also recently made changes to their positions in WRLD. Invesco Ltd. lifted its position in World Acceptance by 55.3% in the third quarter. Invesco Ltd. now owns 58,368 shares of the credit services provider’s stock valued at $7,416,000 after purchasing an additional 20,787 shares during the period. Los Angeles Capital Management LLC lifted its holdings in shares of World Acceptance by 132.4% in the 3rd quarter. Los Angeles Capital Management LLC now owns 17,057 shares of the credit services provider’s stock valued at $2,167,000 after buying an additional 9,719 shares during the period. Group One Trading L.P. grew its holdings in World Acceptance by 476.7% during the third quarter. Group One Trading L.P. now owns 8,074 shares of the credit services provider’s stock worth $1,026,000 after acquiring an additional 6,674 shares during the period. Quadrature Capital Ltd purchased a new position in World Acceptance in the third quarter worth $426,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in World Acceptance by 3.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 86,397 shares of the credit services provider’s stock valued at $10,978,000 after acquiring an additional 2,909 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

World Acceptance Price Performance

Shares of NASDAQ WRLD opened at $138.81 on Thursday. The company’s fifty day moving average is $133.36 and its two-hundred day moving average is $126.34. The company has a debt-to-equity ratio of 1.44, a quick ratio of 20.46 and a current ratio of 20.46. The firm has a market capitalization of $843.96 million, a P/E ratio of 12.03 and a beta of 1.43. World Acceptance Co. has a one year low of $88.79 and a one year high of $160.07.

World Acceptance Company Profile

World Acceptance Corporation engages in consumer finance business in the United States. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It also provides income tax return preparation and filing services; and automobile club memberships.