WINTON GROUP Ltd Purchases Shares of 55,338 World Acceptance Corp. (WRLD)

WINTON GROUP Ltd purchased a new stake in World Acceptance Corp. (NASDAQ:WRLD) during the 1st quarter, Holdings Channel reports. The fund purchased 55,338 shares of the credit services provider’s stock, valued at approximately $5,827,000.

A number of other hedge funds also recently modified their holdings of WRLD. Wells Fargo & Company MN increased its position in World Acceptance by 17.7% in the 4th quarter. Wells Fargo & Company MN now owns 7,812 shares of the credit services provider’s stock valued at $631,000 after acquiring an additional 1,174 shares during the period. Arizona State Retirement System increased its position in World Acceptance by 228.7% in the 4th quarter. Arizona State Retirement System now owns 9,898 shares of the credit services provider’s stock valued at $799,000 after acquiring an additional 6,887 shares during the period. Rhumbline Advisers increased its position in World Acceptance by 13.4% in the 4th quarter. Rhumbline Advisers now owns 14,271 shares of the credit services provider’s stock valued at $1,152,000 after acquiring an additional 1,684 shares during the period. BlackRock Inc. increased its position in World Acceptance by 2.8% in the 4th quarter. BlackRock Inc. now owns 791,193 shares of the credit services provider’s stock valued at $63,864,000 after acquiring an additional 21,186 shares during the period. Finally, Weber Alan W increased its position in World Acceptance by 7.7% during the 4th quarter. Weber Alan W now owns 28,069 shares of the credit services provider’s stock worth $2,266,000 after purchasing an additional 2,000 shares during the period. Hedge funds and other institutional investors own 93.11% of the company’s stock.

WRLD has been the topic of several recent analyst reports. TheStreet upgraded World Acceptance from a “c” rating to a “b-” rating in a research report on Thursday, May 10th. BidaskClub upgraded World Acceptance from a “hold” rating to a “buy” rating in a research report on Wednesday, June 13th. ValuEngine cut World Acceptance from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, May 2nd. Zacks Investment Research cut World Acceptance from a “buy” rating to a “hold” rating in a research report on Friday, March 30th. Finally, BMO Capital Markets boosted their target price on World Acceptance to $87.00 and gave the stock an “underperform” rating in a research report on Friday, May 11th. Three analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $84.50.

NASDAQ WRLD opened at $120.68 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 13.78 and a current ratio of 13.78. World Acceptance Corp. has a 12-month low of $71.02 and a 12-month high of $125.13. The company has a market cap of $1.10 billion, a price-to-earnings ratio of 15.65 and a beta of 2.72.

World Acceptance (NASDAQ:WRLD) last released its earnings results on Thursday, May 10th. The credit services provider reported $3.70 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $3.94 by ($0.24). World Acceptance had a return on equity of 13.82% and a net margin of 9.78%. The business had revenue of $151.86 million for the quarter, compared to analyst estimates of $147.04 million. During the same quarter in the previous year, the firm posted $3.64 EPS. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. equities research analysts forecast that World Acceptance Corp. will post 9.23 EPS for the current year.

World Acceptance Profile

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

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Institutional Ownership by Quarter for World Acceptance (NASDAQ:WRLD)

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