BNP Paribas Arbitrage SA lifted its position in shares of World Acceptance Corporation (NASDAQ:WRLD) by 14.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,422 shares of the credit services provider’s stock after buying an additional 665 shares during the period. BNP Paribas Arbitrage SA owned about 0.06% of World Acceptance Corporation worth $406,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in WRLD. Dimensional Fund Advisors LP raised its holdings in shares of World Acceptance Corporation by 29.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 404,645 shares of the credit services provider’s stock valued at $20,952,000 after buying an additional 91,053 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of World Acceptance Corporation by 5.7% during the 1st quarter. Vanguard Group Inc. now owns 1,078,168 shares of the credit services provider’s stock valued at $55,827,000 after buying an additional 58,557 shares in the last quarter. AXA purchased a new position in shares of World Acceptance Corporation during the 1st quarter valued at about $1,465,000. AQR Capital Management LLC raised its holdings in shares of World Acceptance Corporation by 70.1% during the 1st quarter. AQR Capital Management LLC now owns 67,274 shares of the credit services provider’s stock valued at $3,483,000 after buying an additional 27,714 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of World Acceptance Corporation by 11.7% during the 1st quarter. Geode Capital Management LLC now owns 128,603 shares of the credit services provider’s stock valued at $6,659,000 after buying an additional 13,467 shares in the last quarter. 91.93% of the stock is currently owned by institutional investors.

A number of equities analysts recently weighed in on WRLD shares. BidaskClub raised World Acceptance Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Zacks Investment Research cut World Acceptance Corporation from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 8th. ValuEngine raised World Acceptance Corporation from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. Finally, BMO Capital Markets reissued a “sell” rating and set a $62.00 price objective on shares of World Acceptance Corporation in a report on Friday, June 16th. Four investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $61.50.

World Acceptance Corporation (NASDAQ WRLD) opened at 78.98 on Friday. The stock has a market capitalization of $687.52 million, a PE ratio of 9.91 and a beta of 2.34. World Acceptance Corporation has a 52 week low of $42.01 and a 52 week high of $88.26. The firm has a 50-day moving average price of $76.19 and a 200-day moving average price of $68.45.

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

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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.

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

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