Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Director Sells $51,850.00 in Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Director William B. Roberts sold 5,000 shares of the 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 sale, the director now directly owns 795,078 shares of the company’s stock, valued at $8,244,958.86. The trade was a 0.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Consumer Portfolio Services Price Performance

Consumer Portfolio Services stock opened at $10.59 on Thursday. The company has a debt-to-equity ratio of 10.52, a current ratio of 19.17 and a quick ratio of 19.16. The business has a 50 day simple moving average of $9.88 and a 200-day simple moving average of $9.26. Consumer Portfolio Services, Inc. has a 12 month low of $7.03 and a 12 month high of $12.04. The stock has a market capitalization of $226.68 million, a PE ratio of 12.17 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 firm had revenue of $100.58 million for the quarter, compared to analysts’ expectations of $98.34 million. Equities analysts predict that Consumer Portfolio Services, Inc. will post 0.85 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Consumer Portfolio Services by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 521,457 shares of the credit services provider’s stock worth $3,942,000 after purchasing an additional 3,418 shares during the period. State Street Corp boosted its stake in shares of Consumer Portfolio Services by 2.2% in the third quarter. State Street Corp now owns 186,220 shares of the credit services provider’s stock valued at $1,747,000 after buying an additional 3,922 shares in the last quarter. Empowered Funds LLC grew its holdings in 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 acquiring an additional 7,236 shares during the period. Fisher Asset Management LLC purchased a new position in Consumer Portfolio Services in the third quarter worth $960,000. Finally, Bank of New York Mellon Corp lifted its holdings in Consumer Portfolio Services by 1.4% in the second quarter. Bank of New York Mellon Corp now owns 99,481 shares of the credit services provider’s stock valued at $975,000 after acquiring an additional 1,343 shares during the period. 47.57% of the stock is 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.