Intech Investment Management LLC Makes New Investment in World Acceptance Co. (NASDAQ:WRLD)

Intech Investment Management LLC bought a new position in shares of World Acceptance Co. (NASDAQ:WRLD) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 2,330 shares of the credit services provider’s stock, valued at approximately $275,000.

A number of other large investors also recently bought and sold shares of the company. Quest Partners LLC lifted its holdings in World Acceptance by 2.7% during the 3rd quarter. Quest Partners LLC now owns 3,519 shares of the credit services provider’s stock worth $415,000 after buying an additional 93 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in World Acceptance by 4.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,329 shares of the credit services provider’s stock worth $338,000 after buying an additional 107 shares during the last quarter. Hancock Whitney Corp lifted its holdings in shares of World Acceptance by 12.7% in the 2nd quarter. Hancock Whitney Corp now owns 1,815 shares of the credit services provider’s stock worth $224,000 after purchasing an additional 205 shares during the last quarter. CWM LLC lifted its holdings in shares of World Acceptance by 122.4% in the 2nd quarter. CWM LLC now owns 585 shares of the credit services provider’s stock worth $72,000 after purchasing an additional 322 shares during the last quarter. Finally, Public Sector Pension Investment Board lifted its holdings in shares of World Acceptance by 4.8% in the 2nd quarter. Public Sector Pension Investment Board now owns 7,395 shares of the credit services provider’s stock worth $914,000 after purchasing an additional 340 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

World Acceptance Stock Up 3.7 %

Shares of NASDAQ:WRLD opened at $124.61 on Thursday. The company has a market cap of $716.51 million, a PE ratio of 8.17 and a beta of 1.42. The company has a debt-to-equity ratio of 1.21, a quick ratio of 19.53 and a current ratio of 19.53. The firm has a 50 day simple moving average of $117.14 and a 200 day simple moving average of $120.39. World Acceptance Co. has a 52 week low of $101.85 and a 52 week high of $149.31.

Insider Transactions at World Acceptance

In related news, insider Luke J. Umstetter sold 550 shares of the firm’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $114.30, for a total value of $62,865.00. Following the transaction, the insider now directly owns 11,370 shares in the company, valued at approximately $1,299,591. This trade represents a 4.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 43.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

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

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.