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 Consumer Portfolio Services stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $10.37, for a total value of $51,850.00. Following the completion of the sale, the director now owns 795,078 shares in the company, valued at approximately $8,244,958.86. The trade was a 0.62 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Consumer Portfolio Services Price Performance

Shares of NASDAQ:CPSS traded down $0.02 during trading on Monday, reaching $10.55. The stock had a trading volume of 43,279 shares, compared to its average volume of 31,897. The company has a debt-to-equity ratio of 10.52, a quick ratio of 19.16 and a current ratio of 19.17. Consumer Portfolio Services, Inc. has a 1-year low of $7.03 and a 1-year high of $12.04. The stock has a market cap of $225.88 million, a PE ratio of 12.13 and a beta of 2.00. The business has a fifty day moving average price of $9.82 and a 200-day moving average price of $9.23.

Consumer Portfolio Services (NASDAQ:CPSS) last released 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). The business had revenue of $100.58 million for the quarter, compared to analysts’ expectations of $98.34 million. Consumer Portfolio Services had a return on equity of 7.59% and a net margin of 5.59%. On average, equities analysts forecast that Consumer Portfolio Services, Inc. will post 0.85 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Consumer Portfolio Services

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC purchased a new position in Consumer Portfolio Services during the third quarter worth about $960,000. Segall Bryant & Hamill LLC acquired a new stake in shares of Consumer Portfolio Services during the 3rd quarter worth approximately $445,000. Barclays PLC raised its position in shares of Consumer Portfolio Services by 297.6% during the 3rd quarter. Barclays PLC now owns 11,794 shares of the credit services provider’s stock valued at $110,000 after buying an additional 8,828 shares during the period. Empowered Funds LLC lifted its holdings in Consumer Portfolio Services by 5.3% in the third quarter. Empowered Funds LLC now owns 142,520 shares of the credit services provider’s stock valued at $1,337,000 after acquiring an additional 7,236 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in 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 worth $68,000 after acquiring an additional 6,306 shares during the period. Institutional investors and hedge funds 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.