World Acceptance Co. (NASDAQ:WRLD) SVP Alice Lindsay Caulder Sells 600 Shares

World Acceptance Co. (NASDAQ:WRLD) SVP Alice Lindsay Caulder sold 600 shares of the stock in a transaction on Friday, January 31st. The shares were sold at an average price of $139.81, for a total value of $83,886.00. Following the completion of the transaction, the senior vice president now directly owns 8,524 shares of the company’s stock, valued at approximately $1,191,740.44. This represents a 6.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

World Acceptance Stock Performance

NASDAQ WRLD opened at $139.59 on Tuesday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 19.53 and a current ratio of 22.46. The stock’s fifty day moving average is $120.34 and its two-hundred day moving average is $118.34. The firm has a market capitalization of $802.64 million, a P/E ratio of 9.75 and a beta of 1.44. World Acceptance Co. has a fifty-two week low of $101.85 and a fifty-two week high of $161.63.

World Acceptance (NASDAQ:WRLD) last announced its quarterly earnings results on Tuesday, January 28th. The credit services provider reported $2.45 earnings per share for the quarter, beating the consensus estimate of $1.23 by $1.22. World Acceptance had a net margin of 14.41% and a return on equity of 19.03%. On average, research analysts anticipate that World Acceptance Co. will post 13.61 earnings per share for the current year.

Institutional Trading of World Acceptance

A number of hedge funds and other institutional investors have recently made changes to their positions in WRLD. Principal Financial Group Inc. grew its holdings in shares of World Acceptance by 1.1% during the 4th quarter. Principal Financial Group Inc. now owns 15,776 shares of the credit services provider’s stock worth $1,774,000 after purchasing an additional 176 shares during the period. Empowered Funds LLC raised its stake in shares of World Acceptance by 5.0% in the 4th quarter. Empowered Funds LLC now owns 22,497 shares of the credit services provider’s stock valued at $2,530,000 after acquiring an additional 1,067 shares during the period. Exchange Traded Concepts LLC lifted its holdings in shares of World Acceptance by 6.5% in the 4th quarter. Exchange Traded Concepts LLC now owns 11,521 shares of the credit services provider’s stock worth $1,295,000 after acquiring an additional 708 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of World Acceptance by 49.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,774 shares of the credit services provider’s stock worth $2,569,000 after purchasing an additional 7,223 shares during the period. Finally, Barclays PLC increased its holdings in World Acceptance by 282.9% in the 3rd quarter. Barclays PLC now owns 7,657 shares of the credit services provider’s stock valued at $903,000 after purchasing an additional 5,657 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

Wall Street Analysts Forecast Growth

WRLD has been the subject of a number of recent research reports. StockNews.com upgraded shares of World Acceptance from a “buy” rating to a “strong-buy” rating in a research report on Monday, January 13th. Stephens began coverage on shares of World Acceptance in a report on Wednesday, November 13th. They issued an “equal weight” rating and a $10.00 price objective for the company.

About World Acceptance

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.