Dimensional Fund Advisors LP boosted its position in World Acceptance Corporation (NASDAQ:WRLD) by 29.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 404,645 shares of the credit services provider’s stock after buying an additional 91,053 shares during the period. Dimensional Fund Advisors LP’s holdings in World Acceptance Corporation were worth $20,952,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in WRLD. Seizert Capital Partners LLC purchased a new position in World Acceptance Corporation during the first quarter worth approximately $250,000. Hancock Holding Co. increased its position in World Acceptance Corporation by 26.5% in the first quarter. Hancock Holding Co. now owns 23,478 shares of the credit services provider’s stock worth $1,216,000 after buying an additional 4,922 shares during the period. Oxford Asset Management increased its position in World Acceptance Corporation by 2.5% in the first quarter. Oxford Asset Management now owns 61,615 shares of the credit services provider’s stock worth $3,190,000 after buying an additional 1,520 shares during the period. State of Tennessee Treasury Department increased its position in World Acceptance Corporation by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 5,614 shares of the credit services provider’s stock worth $291,000 after buying an additional 847 shares during the period. Finally, Ameriprise Financial Inc. increased its position in World Acceptance Corporation by 3.1% in the first quarter. Ameriprise Financial Inc. now owns 45,905 shares of the credit services provider’s stock worth $2,377,000 after buying an additional 1,400 shares during the period. Institutional investors own 97.44% of the company’s stock.

Shares of World Acceptance Corporation (NASDAQ:WRLD) traded up 0.77% during midday trading on Friday, hitting $75.79. The company had a trading volume of 8,760 shares. World Acceptance Corporation has a one year low of $42.01 and a one year high of $88.26. The firm has a market cap of $659.75 million, a price-to-earnings ratio of 9.51 and a beta of 2.34. The company’s 50 day moving average is $76.44 and its 200 day moving average is $64.24.

World Acceptance Corporation (NASDAQ:WRLD) last announced its quarterly earnings results on Thursday, August 3rd. The credit services provider reported $1.48 earnings per share for the quarter, missing analysts’ consensus estimates of $2.02 by $0.54. World Acceptance Corporation had a return on equity of 15.75% and a net margin of 13.13%. The company had revenue of $128.90 million during the quarter, compared to analyst estimates of $125.74 million. During the same period in the prior year, the firm earned $1.89 EPS. Equities analysts forecast that World Acceptance Corporation will post $7.48 earnings per share for the current fiscal year.

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A number of research firms have recently commented on WRLD. TheStreet upgraded World Acceptance Corporation from a “c” rating to a “b-” rating in a report on Tuesday, May 9th. BidaskClub upgraded World Acceptance Corporation from a “sell” rating to a “hold” rating in a report on Wednesday. ValuEngine upgraded World Acceptance Corporation from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Zacks Investment Research upgraded World Acceptance Corporation from a “hold” rating to a “buy” rating and set a $89.00 price objective on the stock in a report on Saturday, May 13th. Finally, BMO Capital Markets restated a “sell” rating and issued a $62.00 price objective on shares of World Acceptance Corporation in a report on Friday, June 16th. Four equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $61.50.

In other World Acceptance Corporation news, EVP Daniel Clinton Dyer sold 1,800 shares of the business’s stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $81.00, for a total value of $145,800.00. Following the completion of the sale, the executive vice president now owns 21,924 shares of the company’s stock, valued at $1,775,844. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Jackie C. Willyard sold 1,380 shares of the business’s stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $82.83, for a total value of $114,305.40. Following the completion of the sale, the senior vice president now directly owns 4,360 shares of the company’s stock, valued at approximately $361,138.80. The disclosure for this sale can be found here. 27.30% of the stock is owned by insiders.

About World Acceptance Corporation

World Acceptance Corporation operates a small-loan consumer finance business in 15 states and Mexico as of March 31, 2016. The Company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. The Company offers standardized installment loans generally between $300 and $4,000 through 1,339 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Wisconsin and Mexico as of March 31, 2016.

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Institutional Ownership by Quarter for World Acceptance Corporation (NASDAQ:WRLD)

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