Proficio Capital Partners LLC Makes New $1.50 Million Investment in World Acceptance Co. (NASDAQ:WRLD)

Proficio Capital Partners LLC purchased a new position in shares of World Acceptance Co. (NASDAQ:WRLD - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 13,380 shares of the credit services provider's stock, valued at approximately $1,504,000. Proficio Capital Partners LLC owned about 0.23% of World Acceptance as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Barclays PLC increased its stake in shares of World Acceptance by 282.9% during the 3rd quarter. Barclays PLC now owns 7,657 shares of the credit services provider's stock worth $903,000 after purchasing an additional 5,657 shares during the last quarter. HighTower Advisors LLC increased its stake in shares of World Acceptance by 10.0% during the 3rd quarter. HighTower Advisors LLC now owns 1,791 shares of the credit services provider's stock worth $211,000 after purchasing an additional 163 shares during the last quarter. Jane Street Group LLC increased its stake in shares of World Acceptance by 24.0% during the 3rd quarter. Jane Street Group LLC now owns 8,271 shares of the credit services provider's stock worth $976,000 after purchasing an additional 1,601 shares during the last quarter. FMR LLC increased its stake in shares of World Acceptance by 19.0% during the 3rd quarter. FMR LLC now owns 822 shares of the credit services provider's stock worth $97,000 after purchasing an additional 131 shares during the last quarter. Finally, PDT Partners LLC purchased a new stake in shares of World Acceptance during the 3rd quarter worth approximately $830,000. Hedge funds and other institutional investors own 83.63% of the company's stock.

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Insider Buying and Selling at World Acceptance

In other World Acceptance news, SVP Jason E. Childers sold 500 shares of the firm's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $143.58, for a total value of $71,790.00. Following the completion of the transaction, the senior vice president now directly owns 8,039 shares of the company's stock, valued at $1,154,239.62. This trade represents a 5.86 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Luke J. Umstetter sold 600 shares of the firm's stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $150.00, for a total transaction of $90,000.00. Following the completion of the transaction, the insider now directly owns 15,248 shares of the company's stock, valued at approximately $2,287,200. The trade was a 3.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,188 shares of company stock valued at $619,409 in the last three months. Company insiders own 43.20% of the company's stock.

World Acceptance Stock Performance

World Acceptance stock traded up $1.07 during mid-day trading on Friday, reaching $126.07. The company's stock had a trading volume of 12,221 shares, compared to its average volume of 29,316. World Acceptance Co. has a 12-month low of $101.85 and a 12-month high of $161.63. The company has a market capitalization of $724.52 million, a P/E ratio of 8.80 and a beta of 1.48. The company has a debt-to-equity ratio of 1.31, a quick ratio of 22.46 and a current ratio of 22.46. The firm's fifty day moving average price is $131.21 and its two-hundred day moving average price is $121.98.

World Acceptance (NASDAQ:WRLD - Get Free Report) last released its quarterly earnings data on Tuesday, January 28th. The credit services provider reported $2.45 earnings per share for the quarter, beating 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%. Sell-side analysts predict that World Acceptance Co. will post 14 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently weighed in on WRLD shares. StockNews.com upgraded shares of World Acceptance from a "buy" rating to a "strong-buy" rating in a research note on Monday, January 13th. Stephens started coverage on shares of World Acceptance in a research note on Wednesday, November 13th. They issued an "equal weight" rating and a $10.00 price objective for the company.

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.