SG Americas Securities LLC Purchases 1,783 Shares of World Acceptance Co. (NASDAQ:WRLD)

SG Americas Securities LLC increased its position in World Acceptance Co. (NASDAQ:WRLD) by 80.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,988 shares of the credit services provider’s stock after purchasing an additional 1,783 shares during the quarter. SG Americas Securities LLC owned approximately 0.06% of World Acceptance worth $521,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in World Acceptance by 5.5% in the first quarter. Dimensional Fund Advisors LP now owns 258,911 shares of the credit services provider’s stock worth $21,564,000 after purchasing an additional 13,469 shares in the last quarter. State Street Corp grew its stake in World Acceptance by 0.6% in the first quarter. State Street Corp now owns 142,087 shares of the credit services provider’s stock worth $11,834,000 after purchasing an additional 797 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in World Acceptance by 3.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 86,397 shares of the credit services provider’s stock worth $10,978,000 after purchasing an additional 2,909 shares in the last quarter. Millennium Management LLC grew its stake in World Acceptance by 1,359.0% in the fourth quarter. Millennium Management LLC now owns 79,441 shares of the credit services provider’s stock worth $5,238,000 after purchasing an additional 73,996 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in World Acceptance by 1.6% during the second quarter. Geode Capital Management LLC now owns 73,832 shares of the credit services provider’s stock worth $9,894,000 after buying an additional 1,133 shares during the period. Institutional investors own 83.63% of the company’s stock.

Insiders Place Their Bets

In other World Acceptance news, insider Luke J. Umstetter sold 400 shares of the company’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $131.41, for a total transaction of $52,564.00. Following the completion of the sale, the insider now owns 15,188 shares in the company, valued at $1,995,855.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 40.90% of the stock is owned by company insiders.

World Acceptance Stock Down 2.2 %

World Acceptance stock opened at $137.13 on Friday. The business has a fifty day moving average of $131.82 and a two-hundred day moving average of $124.97. The company has a quick ratio of 20.46, a current ratio of 20.46 and a debt-to-equity ratio of 1.44. The firm has a market cap of $833.75 million, a P/E ratio of 11.88 and a beta of 1.43. World Acceptance Co. has a twelve month low of $75.40 and a twelve month high of $160.07.

World Acceptance (NASDAQ:WRLD) last posted its earnings results on Friday, January 19th. The credit services provider reported $2.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $1.22. The company had revenue of $137.75 million during the quarter, compared to analyst estimates of $134.95 million. World Acceptance had a return on equity of 13.47% and a net margin of 11.82%. During the same quarter in the prior year, the business earned $0.78 earnings per share. On average, analysts forecast that World Acceptance Co. will post 11.49 earnings per share for the current fiscal year.

About World Acceptance

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