Royce & Associates LP Purchases Shares of 5,312 World Acceptance Co. (NASDAQ:WRLD)

Royce & Associates LP purchased a new stake in shares of World Acceptance Co. (NASDAQ:WRLD) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 5,312 shares of the credit services provider’s stock, valued at approximately $627,000. Royce & Associates LP owned about 0.09% of World Acceptance as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the business. O Shaughnessy Asset Management LLC grew its stake in World Acceptance by 2.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 3,770 shares of the credit services provider’s stock valued at $547,000 after acquiring an additional 93 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of World Acceptance by 4.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,329 shares of the credit services provider’s stock valued at $338,000 after purchasing an additional 107 shares during the last quarter. Hancock Whitney Corp increased its position in shares of World Acceptance by 12.7% during 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 last quarter. CWM LLC lifted its stake in World Acceptance by 122.4% during the second quarter. CWM LLC now owns 585 shares of the credit services provider’s stock worth $72,000 after purchasing an additional 322 shares in the last quarter. Finally, Public Sector Pension Investment Board boosted its holdings in World Acceptance by 4.8% during the 2nd 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. Hedge funds and other institutional investors own 83.63% of the company’s stock.

Insider Activity at World Acceptance

In other news, insider Luke J. Umstetter sold 550 shares of the stock in a transaction that occurred 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 sale, the insider now directly owns 11,370 shares in the company, valued at $1,299,591. This represents a 4.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 43.20% of the company’s stock.

World Acceptance Stock Performance

NASDAQ WRLD opened at $116.69 on Thursday. The business’s 50-day moving average price is $117.27 and its 200 day moving average price is $121.48. World Acceptance Co. has a 52-week low of $101.85 and a 52-week high of $149.31. The firm has a market cap of $670.97 million, a P/E ratio of 7.93 and a beta of 1.40. The company has a quick ratio of 19.53, a current ratio of 19.53 and a debt-to-equity ratio of 1.21.

Wall Street Analyst Weigh In

Separately, Stephens started 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 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.