Procurement News Notice |
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| PNN | 7492 |
| Work Detail | Vassalluzzo Scott J reduced its stake in World Acceptance Corp. by 34.15% during the most recent quarter end. The investment management company now holds a total of 69,428 shares of World Acceptance Corp. which is valued at $3,169,388 after selling 36,000 shares in World Acceptance Corp. , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.World Acceptance Corp. makes up approximately 5.45% of Vassalluzzo Scott J’s portfolio. Other Hedge Funds, Including , Oppenheimerfunds reduced its stake in WRLD by selling 360 shares or 5.35% in the most recent quarter. The Hedge Fund company now holds 6,372 shares of WRLD which is valued at $290,882. State Board Of Administration Of Florida Retirement System added WRLD to its portfolio by purchasing 9,895 company shares during the most recent quarter which is valued at $450,124.California Public Employees Retirement System boosted its stake in WRLD in the latest quarter, The investment management firm added 4,000 additional shares and now holds a total of 85,900 shares of World Acceptance Corp. which is valued at $3,763,279. World Acceptance Corp. makes up approx 0.01% of California Public Employees Retirement System’s portfolio.American Century Companies Inc boosted its stake in WRLD in the latest quarter, The investment management firm added 2,205 additional shares and now holds a total of 119,696 shares of World Acceptance Corp. which is valued at $6,582,083. World Acceptance Corp. makes up approx 0.01% of American Century Companies Inc’s portfolio. World Acceptance Corp. opened for trading at $48.11 and hit $50.29 on the upside on Thursday, eventually ending the session at $49.35, with a gain of 2.58% or 1.24 points. The heightened volatility saw the trading volume jump to 2,64,704 shares. Company has a market cap of $434 M. On the company’s financial health, World Acceptance Corp. reported $1.89 EPS for the quarter, missing the analyst consensus estimate by $ -0.33 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $2.22. The company had revenue of $127.10 million for the quarter, compared to analysts expectations of $130.99 million. The company’s revenue was down -7.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.71 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. |
| Country | United States , Northern America |
| Industry | Financial Services |
| Entry Date | 15 Oct 2016 |
| Source | http://www.thefoundersdaily.com/vassalluzzo-scott-j-lowers-stake-in-world-acceptance-corp-wrld/664835/ |
