Quest Partners LLC Purchases 93 Shares of World Acceptance Co. (NASDAQ:WRLD)

Quest Partners LLC boosted its holdings in shares of World Acceptance Co. (NASDAQ:WRLD) by 2.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,519 shares of the credit services provider’s stock after acquiring an additional 93 shares during the quarter. Quest Partners LLC owned approximately 0.06% of World Acceptance worth $415,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC raised its holdings in shares of World Acceptance by 2.5% during 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 purchasing an additional 93 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in World Acceptance by 4.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,329 shares of the credit services provider’s stock valued at $338,000 after acquiring an additional 107 shares during the period. Hancock Whitney Corp grew its position in shares of 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 purchasing an additional 205 shares during the last quarter. CWM LLC grew its position in shares of World Acceptance by 122.4% in the second quarter. CWM LLC now owns 585 shares of the credit services provider’s stock valued at $72,000 after purchasing an additional 322 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its stake in shares of 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 worth $914,000 after purchasing an additional 340 shares during the period. 83.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Stephens initiated coverage on World Acceptance in a report on Wednesday, November 13th. They issued an “equal weight” rating and a $10.00 target price on the stock.

Insider Transactions at World Acceptance

In other news, insider Luke J. Umstetter sold 550 shares of World Acceptance 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 approximately $1,299,591. This trade represents a 4.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 43.20% of the company’s stock.

World Acceptance Trading Up 1.3 %

Shares of WRLD stock opened at $119.10 on Monday. The company has a current ratio of 19.53, a quick ratio of 19.53 and a debt-to-equity ratio of 1.21. World Acceptance Co. has a 1 year low of $101.85 and a 1 year high of $149.31. The firm’s fifty day simple moving average is $117.41 and its 200 day simple moving average is $121.11. The firm has a market capitalization of $684.83 million, a P/E ratio of 8.10 and a beta of 1.40.

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.