SageGuard Financial Group LLC Takes $528,000 Position in World Acceptance Corporation $WRLD

SageGuard Financial Group LLC acquired a new position in World Acceptance Corporation (NASDAQ:WRLD) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 3,764 shares of the credit services provider’s stock, valued at approximately $528,000. SageGuard Financial Group LLC owned approximately 0.07% of World Acceptance as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in World Acceptance by 4.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,044 shares of the credit services provider’s stock worth $259,000 after buying an additional 78 shares in the last quarter. First Trust Advisors LP increased its holdings in World Acceptance by 0.8% in the 2nd quarter. First Trust Advisors LP now owns 10,600 shares of the credit services provider’s stock worth $1,750,000 after buying an additional 82 shares in the last quarter. Franklin Resources Inc. increased its holdings in World Acceptance by 4.6% in the 3rd quarter. Franklin Resources Inc. now owns 2,637 shares of the credit services provider’s stock worth $446,000 after buying an additional 117 shares in the last quarter. SG Americas Securities LLC increased its holdings in World Acceptance by 8.2% in the 4th quarter. SG Americas Securities LLC now owns 1,897 shares of the credit services provider’s stock worth $266,000 after buying an additional 143 shares in the last quarter. Finally, Wedge Capital Management L L P NC increased its holdings in World Acceptance by 3.9% in the 4th quarter. Wedge Capital Management L L P NC now owns 4,563 shares of the credit services provider’s stock worth $641,000 after buying an additional 173 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on WRLD. Zacks Research upgraded World Acceptance from a “strong sell” rating to a “hold” rating in a report on Monday, December 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of World Acceptance in a report on Friday, March 27th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Insider Activity

In other World Acceptance news, insider John L. Calmes, Jr. sold 1,000 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $141.88, for a total transaction of $141,880.00. Following the completion of the sale, the insider directly owned 50,334 shares in the company, valued at $7,141,387.92. The trade was a 1.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 41.60% of the stock is currently owned by corporate insiders.

World Acceptance Price Performance

NASDAQ WRLD opened at $149.30 on Tuesday. The stock has a 50-day moving average of $136.52 and a 200 day moving average of $142.14. The company has a market capitalization of $737.54 million, a price-to-earnings ratio of 19.12 and a beta of 1.17. World Acceptance Corporation has a one year low of $110.00 and a one year high of $185.48. The company has a debt-to-equity ratio of 1.64, a quick ratio of 25.01 and a current ratio of 25.01.

World Acceptance (NASDAQ:WRLD) last released its quarterly earnings results on Tuesday, January 27th. The credit services provider reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.77). The firm had revenue of $128.47 million for the quarter, compared to the consensus estimate of $133.49 million. World Acceptance had a net margin of 7.46% and a return on equity of 10.80%.

World Acceptance Profile

World Acceptance Corporation (NASDAQ: WRLD) is a consumer finance company headquartered in Greenville, South Carolina. Founded in 1972, the company provides credit solutions to underserved customers who may have limited access to traditional banking services. Over the decades, World Acceptance has built a reputation for tailored lending that emphasizes responsible underwriting and personalized customer service.

The company’s core product offerings include short-term installment loans designed to meet the immediate financial needs of its clients.