Quadrature Capital Ltd Purchases 9,261 Shares of World Acceptance Co. (NASDAQ:WRLD)

Quadrature Capital Ltd boosted its holdings in World Acceptance Co. (NASDAQ:WRLD) by 277.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,594 shares of the credit services provider’s stock after purchasing an additional 9,261 shares during the quarter. Quadrature Capital Ltd owned about 0.21% of World Acceptance worth $1,647,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of WRLD. Dimensional Fund Advisors LP raised its stake in shares of World Acceptance by 0.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 286,578 shares of the credit services provider’s stock worth $37,408,000 after purchasing an additional 1,871 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in World Acceptance by 3.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 86,397 shares of the credit services provider’s stock worth $10,978,000 after buying an additional 2,909 shares in the last quarter. Invesco Ltd. raised its position in World Acceptance by 55.3% in the 3rd quarter. Invesco Ltd. now owns 58,368 shares of the credit services provider’s stock valued at $7,416,000 after buying an additional 20,787 shares during the last quarter. Principal Financial Group Inc. lifted its stake in World Acceptance by 1.0% during the 4th quarter. Principal Financial Group Inc. now owns 21,340 shares of the credit services provider’s stock valued at $2,786,000 after acquiring an additional 220 shares in the last quarter. Finally, Los Angeles Capital Management LLC boosted its holdings in World Acceptance by 7.2% during the 4th quarter. Los Angeles Capital Management LLC now owns 18,292 shares of the credit services provider’s stock worth $2,388,000 after acquiring an additional 1,235 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

World Acceptance Stock Performance

NASDAQ WRLD opened at $121.57 on Wednesday. The company has a debt-to-equity ratio of 1.17, a current ratio of 15.98 and a quick ratio of 15.98. The company has a fifty day moving average price of $131.97 and a 200-day moving average price of $131.82. World Acceptance Co. has a 1 year low of $94.57 and a 1 year high of $160.07. The firm has a market cap of $709.97 million, a price-to-earnings ratio of 9.17 and a beta of 1.44.

World Acceptance (NASDAQ:WRLD) last posted its quarterly earnings data on Thursday, May 2nd. The credit services provider reported $6.09 EPS for the quarter, beating the consensus estimate of $4.35 by $1.74. World Acceptance had a net margin of 13.49% and a return on equity of 18.88%. The firm had revenue of $159.27 million during the quarter, compared to analyst estimates of $149.00 million. As a group, equities research analysts predict that World Acceptance Co. will post 13.69 EPS for the current fiscal year.

World Acceptance Company Profile

World Acceptance Corporation engages in consumer finance business in the United States. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It also provides income tax return preparation and filing services; and automobile club memberships.