William B. Roberts Sells 5,000 Shares of Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Director William B. Roberts sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $10.37, for a total value of $51,850.00. Following the transaction, the director now directly owns 795,078 shares of the company’s stock, valued at approximately $8,244,958.86. The trade was a 0.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Consumer Portfolio Services Trading Down 1.4 %

Shares of CPSS stock opened at $10.40 on Wednesday. Consumer Portfolio Services, Inc. has a fifty-two week low of $7.03 and a fifty-two week high of $12.04. The company has a debt-to-equity ratio of 10.52, a quick ratio of 19.16 and a current ratio of 19.17. The stock’s fifty day moving average is $9.86 and its two-hundred day moving average is $9.25. The firm has a market capitalization of $222.66 million, a P/E ratio of 11.95 and a beta of 2.00.

Consumer Portfolio Services (NASDAQ:CPSS) last announced its quarterly earnings data on Thursday, October 31st. The credit services provider reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). Consumer Portfolio Services had a return on equity of 7.59% and a net margin of 5.59%. The company had revenue of $100.58 million for the quarter, compared to analysts’ expectations of $98.34 million. Research analysts expect that Consumer Portfolio Services, Inc. will post 0.85 earnings per share for the current fiscal year.

Institutional Trading of Consumer Portfolio Services

Institutional investors and hedge funds have recently bought and sold shares of the stock. Fisher Asset Management LLC purchased a new stake in shares of Consumer Portfolio Services in the 3rd quarter valued at approximately $960,000. Segall Bryant & Hamill LLC purchased a new stake in Consumer Portfolio Services in the third quarter valued at approximately $445,000. Barclays PLC lifted its stake in Consumer Portfolio Services by 297.6% during the third quarter. Barclays PLC now owns 11,794 shares of the credit services provider’s stock worth $110,000 after purchasing an additional 8,828 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Consumer Portfolio Services by 5.3% during the third quarter. Empowered Funds LLC now owns 142,520 shares of the credit services provider’s stock worth $1,337,000 after buying an additional 7,236 shares during the period. Finally, BNP Paribas Financial Markets grew its stake in shares of Consumer Portfolio Services by 229.7% in the first quarter. BNP Paribas Financial Markets now owns 9,051 shares of the credit services provider’s stock valued at $68,000 after buying an additional 6,306 shares in the last quarter. 47.57% of the stock is currently owned by hedge funds and other institutional investors.

Consumer Portfolio Services Company Profile

Consumer Portfolio Services, Inc operates as a specialty finance company in the United States. It is involved in the purchase and service of retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans.