Empowered Funds LLC Has $2.53 Million Stock Holdings in World Acceptance Co. (NASDAQ:WRLD)

Empowered Funds LLC increased its position in shares of World Acceptance Co. (NASDAQ:WRLD) by 5.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 21,430 shares of the credit services provider’s stock after purchasing an additional 1,072 shares during the period. Empowered Funds LLC’s holdings in World Acceptance were worth $2,528,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Quadrature Capital Ltd boosted its position in World Acceptance by 89.5% in the first quarter. Quadrature Capital Ltd now owns 23,869 shares of the credit services provider’s stock valued at $3,455,000 after buying an additional 11,275 shares in the last quarter. Millennium Management LLC boosted its position in World Acceptance by 125.2% in the second quarter. Millennium Management LLC now owns 22,184 shares of the credit services provider’s stock valued at $2,741,000 after buying an additional 12,333 shares in the last quarter. Comerica Bank boosted its position in World Acceptance by 63.1% in the first quarter. Comerica Bank now owns 2,562 shares of the credit services provider’s stock valued at $371,000 after buying an additional 991 shares in the last quarter. CWM LLC boosted its position in World Acceptance by 122.4% in the second quarter. CWM LLC now owns 585 shares of the credit services provider’s stock valued at $72,000 after buying an additional 322 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its position in World Acceptance by 2.5% in the first quarter. O Shaughnessy Asset Management LLC now owns 3,770 shares of the credit services provider’s stock valued at $547,000 after buying an additional 93 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

Insider Transactions at World Acceptance

In other news, insider Luke J. Umstetter sold 550 shares of World Acceptance stock in a transaction on Friday, November 1st. The shares were sold at an average price of $114.30, for a total transaction of $62,865.00. Following the transaction, the insider now owns 11,370 shares in the company, valued at approximately $1,299,591. The trade was a 4.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 43.20% of the stock is owned by company insiders.

Analyst Ratings Changes

Separately, Stephens started coverage on shares of World Acceptance in a research report on Wednesday, November 13th. They issued an “equal weight” rating and a $10.00 target price on the stock.

World Acceptance Price Performance

Shares of NASDAQ:WRLD opened at $116.07 on Wednesday. The firm has a market cap of $667.40 million, a PE ratio of 7.89 and a beta of 1.40. The firm’s fifty day moving average is $117.13 and its 200-day moving average is $121.51. The company has a debt-to-equity ratio of 1.21, a quick ratio of 19.53 and a current ratio of 19.53. World Acceptance Co. has a 52 week low of $101.85 and a 52 week high of $149.31.

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.