William B. Roberts Sells 10,000 Shares of Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Director William B. Roberts sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $10.64, for a total value of $106,400.00. Following the completion of the transaction, the director now directly owns 745,078 shares in the company, valued at $7,927,629.92. The trade was a 1.32 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Consumer Portfolio Services Stock Performance

CPSS opened at $10.61 on Tuesday. The business has a fifty day simple moving average of $9.94 and a 200 day simple moving average of $9.30. The company has a market capitalization of $227.11 million, a PE ratio of 12.20 and a beta of 2.00. Consumer Portfolio Services, Inc. has a 1 year low of $7.03 and a 1 year high of $12.04. The company has a debt-to-equity ratio of 10.52, a current ratio of 19.17 and a quick ratio of 19.16.

Consumer Portfolio Services (NASDAQ:CPSS) last announced its earnings results on Thursday, October 31st. The credit services provider reported $0.20 earnings per share (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 business had revenue of $100.58 million for the quarter, compared to analyst estimates of $98.34 million. Research analysts expect that Consumer Portfolio Services, Inc. will post 0.85 EPS for the current year.

Hedge Funds Weigh In On Consumer Portfolio Services

A number of hedge funds have recently added to or reduced their stakes in CPSS. Fisher Asset Management LLC acquired a new stake in shares of Consumer Portfolio Services during the 3rd quarter worth $960,000. Segall Bryant & Hamill LLC bought a new stake in Consumer Portfolio Services during the third quarter worth about $445,000. Barclays PLC grew 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 buying an additional 8,828 shares in the last quarter. Empowered Funds LLC increased its holdings in Consumer Portfolio Services by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 142,520 shares of the credit services provider’s stock valued at $1,337,000 after buying an additional 7,236 shares during the period. Finally, BNP Paribas Financial Markets raised its position in shares of Consumer Portfolio Services by 229.7% in the 1st 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. Institutional investors own 47.57% of the company’s stock.

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.