Jason E. Childers Sells 500 Shares of World Acceptance Co. (NASDAQ:WRLD) Stock

World Acceptance Co. (NASDAQ:WRLD) SVP Jason E. Childers sold 500 shares of World Acceptance stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $143.58, for a total transaction of $71,790.00. Following the sale, the senior vice president now directly owns 8,039 shares in the company, valued at approximately $1,154,239.62. This trade represents a 5.86 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

World Acceptance Trading Up 1.4 %

Shares of WRLD stock opened at $152.25 on Friday. The company has a current ratio of 22.46, a quick ratio of 19.53 and a debt-to-equity ratio of 1.31. World Acceptance Co. has a twelve month low of $101.85 and a twelve month high of $161.63. The company’s 50-day moving average price is $124.65 and its 200-day moving average price is $119.16. The stock has a market cap of $875.44 million, a price-to-earnings ratio of 10.63 and a beta of 1.46.

World Acceptance (NASDAQ:WRLD) last posted its 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%. As a group, equities analysts predict that World Acceptance Co. will post 14 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On World Acceptance

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. KLP Kapitalforvaltning AS acquired a new position in shares of World Acceptance in the 4th quarter valued at $56,000. FMR LLC raised its holdings in World Acceptance by 19.0% in the 3rd quarter. FMR LLC now owns 822 shares of the credit services provider’s stock valued at $97,000 after buying an additional 131 shares during the period. Amundi lifted its position in World Acceptance by 195.7% in the fourth 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 during the last quarter. Wells Fargo & Company MN boosted its stake in World Acceptance by 48.8% during the fourth quarter. Wells Fargo & Company MN now owns 1,643 shares of the credit services provider’s stock worth $185,000 after buying an additional 539 shares during the period. Finally, HighTower Advisors LLC increased its position in shares of World Acceptance by 10.0% during the third quarter. HighTower Advisors LLC now owns 1,791 shares of the credit services provider’s stock valued at $211,000 after acquiring an additional 163 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

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.