World Acceptance Corporation $WRLD Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd cut its holdings in World Acceptance Corporation (NASDAQ:WRLD) by 59.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,305 shares of the credit services provider’s stock after selling 11,936 shares during the period. WINTON GROUP Ltd owned about 0.16% of World Acceptance worth $1,166,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. iSAM Funds UK Ltd acquired a new position in shares of World Acceptance in the 3rd quarter valued at about $30,000. Russell Investments Group Ltd. boosted its stake in World Acceptance by 241.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 331 shares of the credit services provider’s stock valued at $56,000 after purchasing an additional 234 shares during the period. Tower Research Capital LLC TRC boosted its stake in World Acceptance by 103.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 569 shares of the credit services provider’s stock valued at $94,000 after purchasing an additional 289 shares during the period. Aquatic Capital Management LLC acquired a new position in World Acceptance during the 3rd quarter valued at about $138,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in World Acceptance during the 3rd quarter valued at about $215,000. 83.63% of the stock is owned by institutional investors and hedge funds.

Insider Activity at World Acceptance

In other World Acceptance news, Director Benjamin E. Robinson III sold 180 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $160.00, for a total transaction of $28,800.00. Following the sale, the director directly owned 4,926 shares in the company, valued at approximately $788,160. The trade was a 3.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 41.60% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of World Acceptance in a research note on Friday, March 27th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

World Acceptance Trading Down 0.6%

World Acceptance stock opened at $169.50 on Wednesday. The company has a quick ratio of 22.99, a current ratio of 22.99 and a debt-to-equity ratio of 1.26. The firm has a 50-day moving average price of $151.97 and a two-hundred day moving average price of $143.30. The firm has a market capitalization of $786.48 million, a price-to-earnings ratio of 22.97 and a beta of 1.19. World Acceptance Corporation has a 52-week low of $110.00 and a 52-week high of $185.48.

World Acceptance (NASDAQ:WRLD) last posted its earnings results on Thursday, April 30th. The credit services provider reported $7.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.74 by ($0.04). World Acceptance had a net margin of 5.98% and a return on equity of 9.36%. The firm had revenue of $164.31 million for the quarter, compared to analyst estimates of $168.40 million.

About World Acceptance

World Acceptance Corporation (NASDAQ: WRLD) is a consumer finance company headquartered in Greenville, South Carolina. Founded in 1972, the company provides credit solutions to underserved customers who may have limited access to traditional banking services. Over the decades, World Acceptance has built a reputation for tailored lending that emphasizes responsible underwriting and personalized customer service.

The company’s core product offerings include short-term installment loans designed to meet the immediate financial needs of its clients.