Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP April Crisp Sells 2,500 Shares

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP April Crisp sold 2,500 shares of Consumer Portfolio Services stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $11.15, for a total transaction of $27,875.00. Following the transaction, the vice president now directly owns 17,212 shares in the company, valued at $191,913.80. This trade represents a 12.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Consumer Portfolio Services Trading Down 1.3 %

Shares of NASDAQ CPSS traded down $0.14 during mid-day trading on Monday, hitting $10.87. The stock had a trading volume of 12,313 shares, compared to its average volume of 31,696. 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 business has a 50 day moving average price of $10.23 and a two-hundred day moving average price of $9.54. The firm has a market cap of $232.67 million, a P/E ratio of 12.66 and a beta of 1.99.

Consumer Portfolio Services (NASDAQ:CPSS) last issued its earnings results on Thursday, October 31st. The credit services provider reported $0.20 EPS 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 firm had revenue of $100.58 million during the quarter, compared to analysts’ expectations of $98.34 million. On average, equities analysts anticipate that Consumer Portfolio Services, Inc. will post 0.85 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Consumer Portfolio Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Barclays PLC boosted its holdings in Consumer Portfolio Services by 297.6% in the third quarter. Barclays PLC now owns 11,794 shares of the credit services provider’s stock valued at $110,000 after acquiring an additional 8,828 shares in the last quarter. State Street Corp boosted its holdings in 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 acquiring an additional 3,922 shares in the last quarter. Fisher Asset Management LLC bought a new stake in Consumer Portfolio Services in the third quarter valued at $960,000. Segall Bryant & Hamill LLC bought a new stake in Consumer Portfolio Services in the third quarter valued at $445,000. Finally, Empowered Funds LLC boosted 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 in the last quarter. 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.