World Acceptance Co. (NASDAQ:WRLD) Shares Bought by Barclays PLC

Barclays PLC raised its stake in World Acceptance Co. (NASDAQ:WRLD) by 282.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,657 shares of the credit services provider’s stock after acquiring an additional 5,657 shares during the period. Barclays PLC owned 0.13% of World Acceptance worth $903,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Quest Partners LLC boosted its stake in World Acceptance by 2.7% in the third quarter. Quest Partners LLC now owns 3,519 shares of the credit services provider’s stock valued at $415,000 after acquiring an additional 93 shares during the period. FMR LLC boosted its stake in World Acceptance by 19.0% in the third quarter. FMR LLC now owns 822 shares of the credit services provider’s stock valued at $97,000 after acquiring an additional 131 shares during the period. HighTower Advisors LLC boosted 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. Hancock Whitney Corp boosted its stake in World Acceptance by 12.7% in the second quarter. Hancock Whitney Corp now owns 1,815 shares of the credit services provider’s stock valued at $224,000 after acquiring an additional 205 shares during the period. Finally, Public Sector Pension Investment Board boosted its stake in World Acceptance by 4.8% in the second quarter. Public Sector Pension Investment Board now owns 7,395 shares of the credit services provider’s stock valued at $914,000 after acquiring an additional 340 shares during the period. 83.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at World Acceptance

In related news, insider Luke J. Umstetter sold 550 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $114.30, for a total transaction of $62,865.00. Following the sale, the insider now owns 11,370 shares of the company’s stock, valued at $1,299,591. The trade was a 4.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 43.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Stephens initiated coverage on World Acceptance in a research report on Wednesday, November 13th. They set an “equal weight” rating and a $10.00 price objective for the company.

World Acceptance Stock Performance

Shares of NASDAQ WRLD opened at $111.88 on Tuesday. The company has a current ratio of 19.53, a quick ratio of 19.53 and a debt-to-equity ratio of 1.21. The stock has a 50 day simple moving average of $117.48 and a 200-day simple moving average of $118.89. The company has a market cap of $643.31 million, a PE ratio of 7.61 and a beta of 1.42. World Acceptance Co. has a 12-month low of $101.85 and a 12-month high of $149.31.

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.