Quest Partners LLC Takes Position in World Acceptance Co. (NASDAQ:WRLD)

Quest Partners LLC bought a new stake in shares of World Acceptance Co. (NASDAQ:WRLD) during the 4th quarter, Holdings Channel reports. The fund bought 5,289 shares of the credit services provider’s stock, valued at approximately $690,000.

Several other hedge funds have also recently made changes to their positions in WRLD. Principal Financial Group Inc. grew its stake in World Acceptance by 1.7% in the third quarter. Principal Financial Group Inc. now owns 21,120 shares of the credit services provider’s stock worth $2,684,000 after purchasing an additional 357 shares during the period. Los Angeles Capital Management LLC grew its stake in World Acceptance by 132.4% in the third quarter. Los Angeles Capital Management LLC now owns 17,057 shares of the credit services provider’s stock worth $2,167,000 after purchasing an additional 9,719 shares during the period. Illinois Municipal Retirement Fund purchased a new stake in World Acceptance in the third quarter worth $263,000. Barclays PLC grew its stake in World Acceptance by 10.0% in the third quarter. Barclays PLC now owns 2,086 shares of the credit services provider’s stock worth $264,000 after purchasing an additional 190 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in World Acceptance in the third quarter worth $195,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

World Acceptance Price Performance

Shares of WRLD stock opened at $126.96 on Thursday. The stock has a market cap of $771.92 million, a price-to-earnings ratio of 9.57 and a beta of 1.42. The business’s fifty day moving average is $136.49 and its 200 day moving average is $129.41. World Acceptance Co. has a twelve month low of $94.57 and a twelve month high of $160.07. The company has a quick ratio of 20.46, a current ratio of 15.98 and a debt-to-equity ratio of 1.17.

About World Acceptance

World Acceptance Corporation engages in consumer finance business in the United States. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It also provides income tax return preparation and filing services; and automobile club memberships.