World Acceptance Corporation $WRLD Shares Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd grew its stake in World Acceptance Corporation (NASDAQ:WRLD) by 138.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,241 shares of the credit services provider’s stock after buying an additional 11,741 shares during the period. WINTON GROUP Ltd owned 0.40% of World Acceptance worth $3,424,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Russell Investments Group Ltd. increased its holdings in World Acceptance by 241.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 331 shares of the credit services provider’s stock worth $56,000 after buying an additional 234 shares during the period. Victory Capital Management Inc. raised its holdings in World Acceptance by 8.7% in the 3rd quarter. Victory Capital Management Inc. now owns 17,073 shares of the credit services provider’s stock worth $2,888,000 after purchasing an additional 1,363 shares during the period. Royce & Associates LP lifted its position in shares of World Acceptance by 14.4% during the 3rd quarter. Royce & Associates LP now owns 15,533 shares of the credit services provider’s stock valued at $2,627,000 after buying an additional 1,959 shares in the last quarter. American Century Companies Inc. grew its position in shares of World Acceptance by 14.2% in the third quarter. American Century Companies Inc. now owns 85,622 shares of the credit services provider’s stock valued at $14,482,000 after purchasing an additional 10,649 shares during the period. Finally, R Squared Ltd acquired a new stake in World Acceptance in the 3rd quarter worth about $294,000. 83.63% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on WRLD shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of World Acceptance in a research note on Monday, December 29th. Zacks Research upgraded World Acceptance from a “strong sell” rating to a “hold” rating in a research report on Monday, December 22nd. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Insiders Place Their Bets

In related news, insider Daniel Clinton Dyer sold 8,857 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $149.00, for a total transaction of $1,319,693.00. Following the completion of the transaction, the insider owned 33,640 shares in the company, valued at approximately $5,012,360. The trade was a 20.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider John L. Calmes, Jr. sold 1,000 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $149.21, for a total value of $149,210.00. Following the completion of the transaction, the insider owned 54,395 shares in the company, valued at approximately $8,116,277.95. The trade was a 1.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,946 shares of company stock worth $1,482,253 over the last 90 days. Company insiders own 41.60% of the company’s stock.

World Acceptance Stock Performance

Shares of WRLD opened at $139.49 on Wednesday. World Acceptance Corporation has a 1 year low of $104.99 and a 1 year high of $185.48. The stock has a market capitalization of $689.08 million, a PE ratio of 17.86 and a beta of 1.20. The company has a debt-to-equity ratio of 1.64, a quick ratio of 25.01 and a current ratio of 25.01. The stock has a 50-day simple moving average of $134.50 and a 200-day simple moving average of $149.12.

World Acceptance (NASDAQ:WRLD) last released its earnings results on Tuesday, January 27th. The credit services provider reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.77). The firm had revenue of $128.47 million for the quarter, compared to analysts’ expectations of $133.49 million. World Acceptance had a return on equity of 10.80% and a net margin of 7.46%. On average, analysts predict that World Acceptance Corporation will post 14 earnings per share for the current fiscal year.

World Acceptance Profile

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.