World Acceptance Co. (NASDAQ:WRLD) SVP Jason E. Childers Sells 500 Shares of Stock

World Acceptance Co. (NASDAQ:WRLD) SVP Jason E. Childers sold 500 shares of the company’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $143.58, for a total transaction of $71,790.00. Following the completion of the transaction, the senior vice president now directly owns 8,039 shares in the company, valued at $1,154,239.62. This trade represents a 5.86 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

World Acceptance Trading Up 3.5 %

Shares of NASDAQ:WRLD opened at $150.09 on Friday. The stock has a market capitalization of $863.02 million, a PE ratio of 10.48 and a beta of 1.46. World Acceptance Co. has a 1 year low of $101.85 and a 1 year high of $161.63. The firm has a fifty day moving average price of $124.04 and a 200 day moving average price of $118.95. The company has a current ratio of 22.46, a quick ratio of 19.53 and a debt-to-equity ratio of 1.31.

World Acceptance (NASDAQ:WRLD) last issued its quarterly earnings data on Tuesday, January 28th. The credit services provider reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $1.22. World Acceptance had a net margin of 14.41% and a return on equity of 19.03%. Analysts expect that World Acceptance Co. will post 14 EPS for the current fiscal year.

Institutional Investors Weigh In On World Acceptance

A number of hedge funds have recently bought and sold shares of the company. Marshall Wace LLP boosted its holdings in World Acceptance by 122.3% during the fourth quarter. Marshall Wace LLP now owns 10,871 shares of the credit services provider’s stock valued at $1,222,000 after acquiring an additional 5,980 shares during the period. XTX Topco Ltd bought a new stake in World Acceptance during the fourth quarter valued at about $302,000. Barclays PLC boosted its holdings in World Acceptance by 7.3% during the fourth quarter. Barclays PLC now owns 8,218 shares of the credit services provider’s stock valued at $924,000 after acquiring an additional 561 shares during the period. Renaissance Technologies LLC boosted its holdings in World Acceptance by 5.3% during the fourth quarter. Renaissance Technologies LLC now owns 34,400 shares of the credit services provider’s stock valued at $3,868,000 after acquiring an additional 1,734 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in World Acceptance by 48.8% during the fourth quarter. Wells Fargo & Company MN now owns 1,643 shares of the credit services provider’s stock valued at $185,000 after acquiring an additional 539 shares during the period. 83.63% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Stephens assumed coverage on shares of World Acceptance in a report on Wednesday, November 13th. They issued an “equal weight” rating and a $10.00 price objective for the company. StockNews.com upgraded shares of World Acceptance from a “buy” rating to a “strong-buy” rating in a report on Monday, January 13th.

World Acceptance Company 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.