Thrivent Financial for Lutherans Has $281,000 Position in World Acceptance Co. (NASDAQ:WRLD)

Thrivent Financial for Lutherans cut its stake in shares of World Acceptance Co. (NASDAQ:WRLD) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,496 shares of the credit services provider’s stock after selling 89 shares during the quarter. Thrivent Financial for Lutherans’ holdings in World Acceptance were worth $281,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. FMR LLC boosted its position 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 in the last quarter. Centiva Capital LP boosted its holdings in World Acceptance by 16.5% in the third quarter. Centiva Capital LP now owns 4,038 shares of the credit services provider’s stock worth $476,000 after acquiring an additional 572 shares in the last quarter. HighTower Advisors LLC grew its stake in World Acceptance by 10.0% in the third quarter. HighTower Advisors LLC now owns 1,791 shares of the credit services provider’s stock valued at $211,000 after acquiring an additional 163 shares during the period. Jane Street Group LLC increased its holdings in shares of World Acceptance by 24.0% during the third quarter. Jane Street Group LLC now owns 8,271 shares of the credit services provider’s stock valued at $976,000 after acquiring an additional 1,601 shares in the last quarter. Finally, Barclays PLC raised its position in shares of World Acceptance by 282.9% during the third 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 period. 83.63% of the stock is currently owned by institutional investors and hedge funds.

World Acceptance Trading Down 5.5 %

WRLD opened at $112.54 on Friday. World Acceptance Co. has a fifty-two week low of $101.85 and a fifty-two week high of $161.63. The firm has a market capitalization of $646.77 million, a PE ratio of 7.86 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 company’s 50-day moving average is $133.59 and its 200 day moving average is $123.05.

World Acceptance (NASDAQ:WRLD) last issued its quarterly earnings data on Tuesday, January 28th. The credit services provider reported $2.45 EPS for the quarter, topping 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%. As a group, research analysts predict that World Acceptance Co. will post 14 earnings per share for the current fiscal year.

Insider Activity at World Acceptance

In other news, insider Luke J. Umstetter sold 488 shares of the business’s stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $150.19, for a total value of $73,292.72. Following the transaction, the insider now owns 14,760 shares in the company, valued at $2,216,804.40. The trade was a 3.20 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Scott Mcintyre sold 2,000 shares of the stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $150.22, for a total value of $300,440.00. Following the sale, the senior vice president now directly owns 7,183 shares of the company’s stock, valued at $1,079,030.26. The trade was a 21.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 4,188 shares of company stock valued at $619,409. 43.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of World Acceptance from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 29th.

About World Acceptance

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.