Los Angeles Capital Management LLC Increases Stock Position in World Acceptance Co. (NASDAQ:WRLD)

Los Angeles Capital Management LLC boosted its stake in shares of World Acceptance Co. (NASDAQ:WRLD) by 7.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,292 shares of the credit services provider’s stock after acquiring an additional 1,235 shares during the quarter. Los Angeles Capital Management LLC owned about 0.29% of World Acceptance worth $2,388,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC purchased a new position in World Acceptance during the third quarter worth about $280,000. Principal Financial Group Inc. raised its stake in World Acceptance by 1.7% in the 3rd quarter. Principal Financial Group Inc. now owns 21,120 shares of the credit services provider’s stock valued at $2,684,000 after purchasing an additional 357 shares during the last quarter. Illinois Municipal Retirement Fund purchased a new position in World Acceptance in the 3rd quarter valued at about $263,000. Barclays PLC lifted its stake in shares of World Acceptance by 10.0% during the third quarter. Barclays PLC now owns 2,086 shares of the credit services provider’s stock valued at $264,000 after buying an additional 190 shares during the period. Finally, Quantbot Technologies LP purchased a new position in shares of World Acceptance during the 3rd quarter worth $195,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

World Acceptance Stock Up 0.5 %

WRLD opened at $139.94 on Tuesday. The stock has a market capitalization of $850.84 million, a price-to-earnings ratio of 10.55 and a beta of 1.42. World Acceptance Co. has a 12 month low of $94.57 and a 12 month high of $160.07. The company has a debt-to-equity ratio of 1.17, a current ratio of 15.98 and a quick ratio of 20.46. The business has a 50-day moving average of $134.60 and a two-hundred day moving average of $126.81.

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.