Numerai GP LLC Purchases 3,901 Shares of World Acceptance Co. (NASDAQ:WRLD)

Numerai GP LLC increased its position in World Acceptance Co. (NASDAQ:WRLD) by 155.4% during the 4th quarter, Holdings Channel reports. The firm owned 6,412 shares of the credit services provider’s stock after acquiring an additional 3,901 shares during the quarter. Numerai GP LLC’s holdings in World Acceptance were worth $721,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new position in World Acceptance in the fourth quarter worth approximately $56,000. Amundi grew its stake in World Acceptance by 195.7% in the fourth quarter. Amundi now owns 1,591 shares of the credit services provider’s stock worth $180,000 after purchasing an additional 1,053 shares in the last quarter. Wells Fargo & Company MN grew its stake in World Acceptance by 48.8% in the fourth quarter. Wells Fargo & Company MN now owns 1,643 shares of the credit services provider’s stock worth $185,000 after purchasing an additional 539 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in World Acceptance by 4.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,966 shares of the credit services provider’s stock worth $221,000 after purchasing an additional 76 shares in the last quarter. Finally, Comerica Bank grew its stake in World Acceptance by 3.8% in the fourth quarter. Comerica Bank now owns 2,513 shares of the credit services provider’s stock worth $283,000 after purchasing an additional 93 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

Insider Buying and Selling at World Acceptance

In other World Acceptance news, SVP Scott Mcintyre sold 2,000 shares of the 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 sale, the senior vice president now owns 7,183 shares of the company’s stock, valued at approximately $1,079,030.26. This trade represents a 21.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 43.20% of the company’s stock.

World Acceptance Stock Down 1.0%

Shares of NASDAQ WRLD opened at $148.00 on Thursday. 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 capitalization of $850.56 million, a PE ratio of 10.34 and a beta of 1.29. The stock’s fifty day simple moving average is $127.68 and its two-hundred day simple moving average is $125.76. World Acceptance Co. has a 12-month low of $101.85 and a 12-month high of $161.63.

World Acceptance (NASDAQ:WRLD) last announced its earnings results on Tuesday, April 29th. The credit services provider reported $8.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.42 by $1.71. The business had revenue of $165.27 million for the quarter, compared to analysts’ expectations of $154.52 million. World Acceptance had a return on equity of 19.03% and a net margin of 14.41%. As a group, analysts expect that World Acceptance Co. will post 14 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com cut World Acceptance from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 10th.

World Acceptance Profile

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.