D. E. Shaw & Co. Inc. Has $3.78 Million Position in World Acceptance Co. (NASDAQ:WRLD)

D. E. Shaw & Co. Inc. raised its position in World Acceptance Co. (NASDAQ:WRLD) by 14.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,632 shares of the credit services provider’s stock after buying an additional 4,329 shares during the quarter. D. E. Shaw & Co. Inc. owned 0.58% of World Acceptance worth $3,782,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. grew its holdings in World Acceptance by 1.1% in the 4th quarter. Principal Financial Group Inc. now owns 15,776 shares of the credit services provider’s stock valued at $1,774,000 after buying an additional 176 shares in the last quarter. American Century Companies Inc. grew its holdings in World Acceptance by 11.0% in the 4th quarter. American Century Companies Inc. now owns 53,014 shares of the credit services provider’s stock valued at $5,961,000 after buying an additional 5,245 shares in the last quarter. Amundi grew its holdings in World Acceptance by 195.7% in the 4th quarter. Amundi now owns 1,591 shares of the credit services provider’s stock valued at $180,000 after buying an additional 1,053 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in World Acceptance by 10.6% in the 4th quarter. Bank of New York Mellon Corp now owns 32,681 shares of the credit services provider’s stock valued at $3,675,000 after buying an additional 3,141 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in World Acceptance in the 4th quarter valued at $1,504,000. 83.63% of the stock is owned by institutional investors and hedge funds.

World Acceptance Stock Performance

WRLD opened at $152.21 on Monday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 22.46 and a current ratio of 22.46. World Acceptance Co. has a 52-week low of $101.85 and a 52-week high of $161.63. The firm has a market cap of $874.75 million, a P/E ratio of 10.63 and a beta of 1.29. The business’s fifty day moving average is $128.91 and its 200-day moving average is $126.35.

World Acceptance (NASDAQ:WRLD) last issued its quarterly earnings results on Tuesday, April 29th. The credit services provider reported $8.13 EPS for the quarter, topping analysts’ consensus estimates of $6.42 by $1.71. World Acceptance had a return on equity of 19.03% and a net margin of 14.41%. The company had revenue of $165.27 million for the quarter, compared to analysts’ expectations of $154.52 million. Sell-side analysts expect that World Acceptance Co. will post 14 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised World Acceptance from a “buy” rating to a “strong-buy” rating in a report on Sunday.

World Acceptance Company 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.