Integrated Quantitative Investments LLC Takes $1.08 Million Position in World Acceptance Co. (NASDAQ:WRLD)

Integrated Quantitative Investments LLC bought a new position in World Acceptance Co. (NASDAQ:WRLD - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 9,624 shares of the credit services provider's stock, valued at approximately $1,082,000. Integrated Quantitative Investments LLC owned approximately 0.17% of World Acceptance at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. American Century Companies Inc. boosted its holdings in shares of World Acceptance by 11.0% during the 4th quarter. American Century Companies Inc. now owns 53,014 shares of the credit services provider's stock valued at $5,961,000 after acquiring an additional 5,245 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in World Acceptance by 10.6% in the fourth quarter. Bank of New York Mellon Corp now owns 32,681 shares of the credit services provider's stock worth $3,675,000 after purchasing an additional 3,141 shares during the last quarter. JPMorgan Chase & Co. grew its position in World Acceptance by 42.2% in the 4th quarter. JPMorgan Chase & Co. now owns 30,968 shares of the credit services provider's stock worth $3,482,000 after purchasing an additional 9,194 shares during the period. Empowered Funds LLC raised its stake in World Acceptance by 5.0% during the 4th quarter. Empowered Funds LLC now owns 22,497 shares of the credit services provider's stock valued at $2,530,000 after buying an additional 1,067 shares during the last quarter. Finally, Norges Bank bought a new position in shares of World Acceptance during the 4th quarter valued at $1,878,000. 83.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised World Acceptance from a "buy" rating to a "strong-buy" rating in a report on Sunday.

Insider Buying and Selling

In other news, insider Luke J. Umstetter sold 488 shares of the stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $150.19, for a total value of $73,292.72. Following the completion of the sale, the insider now directly owns 14,760 shares of the company's stock, valued at $2,216,804.40. This represents a 3.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Alice Lindsay Caulder sold 600 shares of the firm's stock in a transaction on Friday, January 31st. The shares were sold at an average price of $139.81, for a total transaction of $83,886.00. Following the sale, the senior vice president now owns 8,524 shares in the company, valued at $1,191,740.44. The trade was a 6.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,188 shares of company stock valued at $619,409. 43.20% of the stock is owned by corporate insiders.

World Acceptance Stock Performance

Shares of WRLD traded up $0.37 on Wednesday, reaching $114.00. The company's stock had a trading volume of 11,825 shares, compared to its average volume of 25,699. World Acceptance Co. has a 12-month low of $101.85 and a 12-month high of $161.63. The stock has a market capitalization of $655.18 million, a P/E ratio of 7.96 and a beta of 1.35. The company has a debt-to-equity ratio of 1.31, a current ratio of 22.46 and a quick ratio of 22.46. The stock's 50 day simple moving average is $131.99 and its two-hundred day simple moving average is $122.81.

World Acceptance (NASDAQ:WRLD - Get Free Report) last released its earnings results on Tuesday, January 28th. The credit services provider reported $2.45 earnings per share for the quarter, beating the consensus estimate of $1.23 by $1.22. World Acceptance had a return on equity of 19.03% and a net margin of 14.41%. Research analysts forecast that World Acceptance Co. will post 14 earnings per share for the current fiscal year.

World Acceptance 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.