Vanguard Group Inc. Has $38.43 Million Position in World Acceptance Co. (NASDAQ:WRLD)

Vanguard Group Inc. cut its position in World Acceptance Co. (NASDAQ:WRLD) by 2.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 341,809 shares of the credit services provider’s stock after selling 7,870 shares during the quarter. Vanguard Group Inc. owned 5.94% of World Acceptance worth $38,433,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Proficio Capital Partners LLC bought a new position in World Acceptance in the 4th quarter valued at approximately $1,504,000. JPMorgan Chase & Co. increased its position in World Acceptance by 49.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,774 shares of the credit services provider’s stock valued at $2,569,000 after acquiring an additional 7,223 shares during the period. Barclays PLC raised its stake in shares of World Acceptance by 282.9% during the third quarter. Barclays PLC now owns 7,657 shares of the credit services provider’s stock valued at $903,000 after acquiring an additional 5,657 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of World Acceptance by 11.0% during the fourth quarter. American Century Companies Inc. now owns 53,014 shares of the credit services provider’s stock worth $5,961,000 after purchasing an additional 5,245 shares during the period. Finally, Royce & Associates LP grew its stake in shares of World Acceptance by 60.7% in the fourth quarter. Royce & Associates LP now owns 8,535 shares of the credit services provider’s stock worth $960,000 after purchasing an additional 3,223 shares during the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

World Acceptance Price Performance

World Acceptance stock opened at $120.20 on Monday. The firm has a market cap of $690.79 million, a P/E ratio of 8.39 and a beta of 1.35. The stock’s 50 day moving average is $130.58 and its 200 day moving average is $123.03. The company has a debt-to-equity ratio of 1.31, a current ratio of 22.46 and a quick ratio of 22.46. World Acceptance Co. has a one year low of $101.85 and a one year high of $161.63.

World Acceptance (NASDAQ:WRLD) last issued its quarterly 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 net margin of 14.41% and a return on equity of 19.03%. As a group, research analysts expect that World Acceptance Co. will post 14 EPS for the current year.

Insider Buying and Selling at World Acceptance

In other news, SVP Alice Lindsay Caulder sold 600 shares of the business’s stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $139.81, for a total value of $83,886.00. Following the transaction, the senior vice president now directly owns 8,524 shares of the company’s stock, valued at $1,191,740.44. The trade was a 6.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Scott Mcintyre sold 2,000 shares of the company’s 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 sale, the senior vice president now owns 7,183 shares in the company, valued at approximately $1,079,030.26. The trade was a 21.78 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,188 shares of company stock valued at $619,409. 43.20% of the stock is currently owned by 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.