William B. Roberts Sells 15,000 Shares of Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Director William B. Roberts sold 15,000 shares of Consumer Portfolio Services stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $10.45, for a total value of $156,750.00. Following the transaction, the director now directly owns 700,078 shares in the company, valued at $7,315,815.10. The trade was a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Consumer Portfolio Services Trading Up 0.9 %

CPSS traded up $0.09 during midday trading on Wednesday, hitting $10.66. 49,189 shares of the company were exchanged, compared to its average volume of 32,080. The firm has a market capitalization of $228.23 million, a P/E ratio of 12.15 and a beta of 1.99. Consumer Portfolio Services, Inc. has a 1-year low of $7.03 and a 1-year high of $12.04. The firm’s 50 day moving average price is $10.01 and its 200-day moving average price is $9.39. The company has a quick ratio of 19.16, a current ratio of 19.17 and a debt-to-equity ratio of 10.52.

Consumer Portfolio Services (NASDAQ:CPSS) last posted its quarterly earnings data on Thursday, October 31st. The credit services provider reported $0.20 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $98.34 million. As a group, equities analysts forecast that Consumer Portfolio Services, Inc. will post 0.85 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Barclays PLC raised its position in shares of Consumer Portfolio Services by 297.6% in the 3rd quarter. Barclays PLC now owns 11,794 shares of the credit services provider’s stock worth $110,000 after acquiring an additional 8,828 shares in the last quarter. Segall Bryant & Hamill LLC bought a new position in shares of Consumer Portfolio Services in the 3rd quarter worth about $445,000. Bank of New York Mellon Corp increased its position in Consumer Portfolio Services by 1.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 99,481 shares of the credit services provider’s stock valued at $975,000 after buying an additional 1,343 shares in the last quarter. Fisher Asset Management LLC bought a new stake in Consumer Portfolio Services in the 3rd quarter valued at about $960,000. Finally, Empowered Funds LLC increased its position 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 in the last quarter. 47.57% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Consumer Portfolio Services from a “buy” rating to a “strong-buy” rating in a report on Thursday, November 28th.

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.