World Acceptance Corp. (WRLD) : Smith Thomas W reduced its stake in World Acceptance Corp. by 41.86% during the most recent quarter end. The investment management company now holds a total of 93,950 shares of World Acceptance Corp. which is valued at $5,543,050 after selling 67,640 shares in World Acceptance Corp. , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.World Acceptance Corp. makes up approximately 8.00% of Smith Thomas W’s portfolio.
Other Hedge Funds, Including , Allianz Asset Management Ag added WRLD to its portfolio by purchasing 29,377 company shares during the most recent quarter which is valued at $1,750,575.Dimensional Fund Advisors Lp reduced its stake in WRLD by selling 5,941 shares or 1.83% in the most recent quarter. The Hedge Fund company now holds 318,376 shares of WRLD which is valued at $17,583,906. World Acceptance Corp. makes up approx 0.01% of Dimensional Fund Advisors Lp’s portfolio. Aperio Group added WRLD to its portfolio by purchasing 4,265 company shares during the most recent quarter which is valued at $192,181.Denali Advisors boosted its stake in WRLD in the latest quarter, The investment management firm added 124 additional shares and now holds a total of 152 shares of World Acceptance Corp. which is valued at $7,326.
World Acceptance Corp. closed down -3.74 points or -6.08% at $57.76 with 1,26,055 shares getting traded on Monday. Post opening the session at $59.81, the shares hit an intraday low of $55.27 and an intraday high of $59.9595 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, World Acceptance Corp. reported $1.76 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Nov 3, 2016. Analyst had a consensus of $1.71. The company had revenue of $129.30 million for the quarter, compared to analysts expectations of $129.42 million. The company’s revenue was down -5.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.22 EPS.
World Acceptance Corporation is a small-loan consumer finance company. The Company offers short-term small loans medium-term larger loans related credit insurance products and ancillary products and services to individuals who have limited access to other sources of consumer credit. The Company also offers income tax return preparation services and electronic filing program to its customer base and to others. The Company also markets computer software and related services to financial services companies through its ParaData Financial Systems subsidiary. The Company operates through the consumer finance segment. The Company as an agent for an unaffiliated insurance company markets and sells credit life credit accident and health credit property and unemployment insurance in connection with its loans in selected states where the sale of such insurance is permitted by law. The Company also offers automobile club memberships to its borrowers.