World Acceptance Co. (NASDAQ:WRLD) Stock Position Raised by Barclays PLC

Barclays PLC lifted its position in World Acceptance Co. (NASDAQ:WRLD) by 7.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,218 shares of the credit services provider’s stock after buying an additional 561 shares during the quarter. Barclays PLC owned about 0.14% of World Acceptance worth $924,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in World Acceptance by 49.6% in the third quarter. JPMorgan Chase & Co. now owns 21,774 shares of the credit services provider’s stock worth $2,569,000 after acquiring an additional 7,223 shares in the last quarter. Exchange Traded Concepts LLC boosted its holdings in World Acceptance by 6.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 11,521 shares of the credit services provider’s stock worth $1,295,000 after purchasing an additional 708 shares in the last quarter. Empowered Funds LLC increased its position in World Acceptance by 5.0% during the fourth quarter. Empowered Funds LLC now owns 22,497 shares of the credit services provider’s stock worth $2,530,000 after buying an additional 1,067 shares during the last quarter. Principal Financial Group Inc. increased its position in World Acceptance by 1.1% during the fourth quarter. Principal Financial Group Inc. now owns 15,776 shares of the credit services provider’s stock worth $1,774,000 after buying an additional 176 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of World Acceptance by 10.6% in the fourth quarter. Bank of New York Mellon Corp now owns 32,681 shares of the credit services provider’s stock worth $3,675,000 after buying an additional 3,141 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

Insider Buying and Selling

In other news, insider Luke J. Umstetter sold 488 shares of the firm’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $150.19, for a total value of $73,292.72. Following the sale, the insider now owns 14,760 shares in the company, valued at approximately $2,216,804.40. This trade represents a 3.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Scott Mcintyre sold 2,000 shares of the business’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $150.22, for a total transaction of $300,440.00. Following the transaction, the senior vice president now directly owns 7,183 shares in the company, valued at $1,079,030.26. This trade represents a 21.78 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,988 shares of company stock valued at $445,523. Insiders own 43.20% of the company’s stock.

World Acceptance Trading Up 0.7 %

NASDAQ:WRLD opened at $133.98 on Tuesday. The company’s 50 day moving average is $126.00 and its 200-day moving average is $124.70. The company has a quick ratio of 22.46, a current ratio of 22.46 and a debt-to-equity ratio of 1.31. World Acceptance Co. has a 12 month low of $101.85 and a 12 month high of $161.63. The firm has a market cap of $769.98 million, a price-to-earnings ratio of 9.36 and a beta of 1.29.

World Acceptance (NASDAQ:WRLD) last announced its earnings results on Tuesday, April 29th. The credit services provider reported $8.13 EPS 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 firm had revenue of $165.27 million for the quarter, compared to the consensus estimate of $154.52 million. Equities analysts anticipate that World Acceptance Co. will post 14 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com raised World Acceptance from a “buy” rating to a “strong-buy” rating in a report on Friday.

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.