Worldwide

Stock Repurchase Program Initiated by Credit Acceptance Corp. (CACC) Board

The fund owned 189,059 shares of the credit services provider's stock after selling 57,893 shares during the quarter. The active investment managers in our partner's database now have: 8.27 million shares, down from 8.41 million shares in 2017Q1. Principal Financial Group Inc. now owns 45,985 shares of the credit services provider's stock worth $2,381,000 after buying an additional 1,516 shares during the last quarter. Willyard Jackie C sold $114,305 worth of stock or 1,380 shares. It has outperformed by 10.76% the S&P500. Under the Portfolio Program, the Company advances money to dealers (Dealer Loan) in exchange for the right to service the underlying consumer loans. The company was maintained on Tuesday, August 1 by BMO Capital Markets. The Firm serves four market sectors: gaming, both corporate and tribal; hotels, resorts and cruise; foodservice management, and restaurants, universities, stadia and healthcare. Geode Capital Mgmt Ltd Liability Corp holds 102,957 shares or 0.01% of its portfolio. Its segments include Automotive Finance operations, Insurance operations, Mortgage Finance operations, Corporate Finance operations, and Corporate and Other. Cognizant Technology Solutions Corp (CTSH) has risen 5.50% since September 27, 2016 and is uptrending. Vanguard Group Inc. lifted its position in shares of World Acceptance Corporation by 5.7% during the 1st quarter. Beck Mack & Oliver LLC now owns 363,977 shares of the credit services provider's stock worth $93,593,000 after buying an additional 2,682 shares during the period. The California-based Matthews International Capital Management Llc has invested 11.57% in the stock. State Bank Of Ny Mellon Corporation, a New York-based fund reported 49,213 shares.

Analysts await Cognizant Technology Solutions Corp (NASDAQ:CTSH) to report earnings on November, 6. During the same period in the previous year, the firm earned $4.00 earnings per share. TREX's profit will be $15.90 million for 38.99 P/E if the $0.54 EPS becomes a reality.

Among 7 analysts covering Trex Co (NYSE:TREX), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Credit Acceptance Corp had 18 analyst reports since July 31, 2015 according to SRatingsIntel. (NASDAQ:WRLD) rating on Thursday, August 3.

09/06/2016 - Credit Acceptance Corporation was downgraded to "sell" by analysts at Compass Point. The company was downgraded on Friday, November 18 by BMO Capital Markets.

In other news, major shareholder Jill Foss Watson sold 35,348 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The stock has "Market Perform" rating by JMP Securities on Wednesday, August 26. The rating was downgraded by Jefferies to "Hold" on Monday, September 11. (NASDAQ:WRLD) on Tuesday, August 11 to "Buy" rating. Janney Capital downgraded World Acceptance Corp. BidaskClub cut shares of Credit Acceptance Corporation from a "strong-buy" rating to a "buy" rating in a research report on Thursday, July 6th.

Since January 1, 0001, it had 0 insider buys, and 3 insider sales for $291,336 activity. World Acceptance Corporation had a net margin of 13.13% and a return on equity of 15.75%.

Traders are a little more bullish on the company if you take a look at the change in short interest.

As of quarter end Ubs Group Ag had sold a total of 4,009 shares trimming its holdings by 91.3%. SMITH ARTHUR L also sold $344,619 worth of Credit Acceptance Corp. Insiders have sold 1,160,000 shares of company stock worth $227,479,673 over the last three months.

World Acceptance Corp (NASDAQ:WRLD) institutional sentiment increased to 1.14 in 2017 Q2. The credit services provider reported $1.48 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $2.02 by ($0.54). It dived, as 20 investors sold CACC shares while 43 reduced holdings. 72 funds opened positions while 196 raised stakes. Amica Mutual Ins Comm has invested 0.22% in Newell Brands Inc (NYSE:NWL). invested in 450,000 shares or 0.01% of the stock. Dimensional Fund Advisors LP raised its holdings in shares of Credit Acceptance Corporation by 3.6% in the first quarter. (NASDAQ:CACC) for 4,173 shares. Hightower Lc invested in 1,039 shares. Oppenheimer Asset Management holds 663 shares or 0% of its portfolio.

Sadoff Investment Management Llc increased its stake in Newell Brands (NWL) by 0.66% based on its latest 2017Q2 regulatory filing with the SEC. (NASDAQ:WRLD) news were published by: Seekingalpha.com which released: "World Acceptance Corp's (WRLD) CEO Janet Matricciani on Q1 2018 Results ..." on August 06, 2017, also Businesswire.com with their article: "World Acceptance Corporation Investors: Legal Investigation Commenced by ..." published on June 15, 2017, Investorplace.com published: "World Acceptance Corp". Vanguard Group Inc. now owns 931,364 shares of the credit services provider's stock valued at $185,723,000 after buying an additional 197,463 shares in the last quarter.

COPYRIGHT VIOLATION WARNING: "Credit Acceptance Corporation (CACC) is XL Group Investments Ltd's 2nd Largest Position" was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. (NASDAQ:CACC). Alliancebernstein LP holds 6,519 shares or 0% of its portfolio. Geode Llc owns 227,827 shares or 0.01% of their USA portfolio. Glenmede Trust Na invested in 47,044 shares or 0.01% of the stock. The stock of Credit Acceptance Corp. The volume of 0.24 Million shares climbed down over an trading activity of 216.68 Million shares. (NASDAQ:CACC). Dixon Hubard Feinour & Brown Va has invested 1.63% in Credit Acceptance Corp. Credit Accep Corp Mich now has $5.24B valuation.

WRLD has been the subject of several recent analyst reports. They expect $5.15 EPS, up 13.69% or $0.62 from last year's $4.53 per share. After $5.22 actual EPS reported by Credit Acceptance Corp. for the previous quarter, Wall Street now forecasts -1.34% negative EPS growth.



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