WINTON GROUP Ltd Buys Shares of 10,642 World Acceptance Corporation (WRLD)

WINTON GROUP Ltd bought a new stake in World Acceptance Corporation (NASDAQ:WRLD) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 10,642 shares of the credit services provider’s stock, valued at approximately $797,000. WINTON GROUP Ltd owned approximately 0.12% of World Acceptance Corporation at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. lifted its holdings in World Acceptance Corporation by 0.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,530 shares of the credit services provider’s stock valued at $340,000 after purchasing an additional 31 shares in the last quarter. Texas Permanent School Fund lifted its holdings in World Acceptance Corporation by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 4,364 shares of the credit services provider’s stock valued at $327,000 after purchasing an additional 36 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in World Acceptance Corporation by 1.2% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 5,987 shares of the credit services provider’s stock valued at $310,000 after purchasing an additional 73 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in World Acceptance Corporation by 1.7% in the 2nd quarter. Wells Fargo & Company MN now owns 4,773 shares of the credit services provider’s stock valued at $358,000 after purchasing an additional 82 shares in the last quarter. Finally, Spark Investment Management LLC lifted its holdings in World Acceptance Corporation by 0.3% in the 2nd quarter. Spark Investment Management LLC now owns 34,000 shares of the credit services provider’s stock valued at $2,546,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 91.96% of the company’s stock.

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WRLD has been the topic of a number of recent research reports. BidaskClub lowered shares of World Acceptance Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th. Zacks Investment Research upgraded shares of World Acceptance Corporation from a “strong sell” rating to a “hold” rating in a report on Thursday, October 5th. ValuEngine upgraded shares of World Acceptance Corporation from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. Finally, Jefferies Group LLC reiterated a “sell” rating and set a $60.00 price objective on shares of World Acceptance Corporation in a report on Thursday, October 12th. Three analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $59.00.

World Acceptance Corporation (WRLD) opened at 81.91 on Friday. The stock’s 50 day moving average is $81.44 and its 200 day moving average is $74.10. World Acceptance Corporation has a one year low of $42.01 and a one year high of $88.26. The stock has a market capitalization of $713.03 million, a price-to-earnings ratio of 10.28 and a beta of 2.39.

World Acceptance Corporation (NASDAQ:WRLD) last announced its quarterly earnings results on Thursday, August 3rd. The credit services provider reported $1.48 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.02 by ($0.54). The firm had revenue of $128.90 million for the quarter, compared to analyst estimates of $125.74 million. World Acceptance Corporation had a net margin of 13.13% and a return on equity of 15.75%. During the same quarter in the prior year, the firm earned $1.89 earnings per share. On average, equities analysts forecast that World Acceptance Corporation will post $7.67 EPS for the current year.

About World Acceptance Corporation

World Acceptance Corporation operates a small-loan consumer finance business in 15 states and Mexico as of March 31, 2016. The Company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. The Company offers standardized installment loans generally between $300 and $4,000 through 1,339 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Wisconsin and Mexico as of March 31, 2016.

Institutional Ownership by Quarter for World Acceptance Corporation (NASDAQ:WRLD)

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