Daniel S. Wood Sells 3,000 Shares of Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Director Daniel S. Wood sold 3,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $10.38, for a total transaction of $31,140.00. Following the sale, the director now owns 196,910 shares in the company, valued at approximately $2,043,925.80. The trade was a 1.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Consumer Portfolio Services Price Performance

CPSS stock opened at $10.55 on Friday. The company has a current ratio of 19.17, a quick ratio of 19.16 and a debt-to-equity ratio of 10.52. The stock has a market cap of $225.88 million, a PE ratio of 12.13 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 stock has a 50-day moving average price of $9.92 and a two-hundred day moving average price of $9.28.

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

Institutional Investors Weigh In On Consumer Portfolio Services

Several large investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets increased its holdings in Consumer Portfolio Services by 229.7% during the first quarter. BNP Paribas Financial Markets now owns 9,051 shares of the credit services provider’s stock worth $68,000 after buying an additional 6,306 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Consumer Portfolio Services by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 521,457 shares of the credit services provider’s stock valued at $3,942,000 after acquiring an additional 3,418 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Consumer Portfolio Services by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 99,481 shares of the credit services provider’s stock worth $975,000 after purchasing an additional 1,343 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of 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 purchasing an additional 7,236 shares during the period. Finally, Segall Bryant & Hamill LLC acquired a new stake in Consumer Portfolio Services in the 3rd quarter valued at about $445,000. Institutional investors and hedge funds own 47.57% of the company’s stock.

About Consumer Portfolio Services

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.