Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Director William B. Roberts Sells 5,000 Shares

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 sale, the director now directly owns 795,078 shares of the company’s stock, valued at $8,244,958.86. This trade represents a 0.62 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Consumer Portfolio Services Stock Performance

NASDAQ CPSS traded down $0.02 on Monday, hitting $10.55. 43,279 shares of the company’s stock traded hands, compared to its average volume of 31,897. The firm has a market capitalization 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 firm’s 50-day moving average price is $9.82 and its two-hundred day moving average price is $9.23. The company has a current ratio of 19.17, a quick ratio of 19.16 and a debt-to-equity ratio of 10.52.

Consumer Portfolio Services (NASDAQ:CPSS) last announced its quarterly earnings results 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 company had revenue of $100.58 million for the quarter, compared to analyst estimates of $98.34 million. As a group, analysts expect that Consumer Portfolio Services, Inc. will post 0.85 EPS for the current year.

Institutional Investors Weigh In On Consumer Portfolio Services

Several hedge funds have recently modified their holdings of the company. Fisher Asset Management LLC acquired a new position in Consumer Portfolio Services in the 3rd quarter worth about $960,000. Segall Bryant & Hamill LLC purchased a new stake in shares of Consumer Portfolio Services in the third quarter valued at approximately $445,000. Barclays PLC raised its stake 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 worth $110,000 after buying an additional 8,828 shares during the period. Empowered Funds LLC raised its stake in shares of Consumer Portfolio Services by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 142,520 shares of the credit services provider’s stock worth $1,337,000 after buying an additional 7,236 shares during the period. Finally, BNP Paribas Financial Markets grew its stake in Consumer Portfolio Services by 229.7% in the 1st quarter. BNP Paribas Financial Markets now owns 9,051 shares of the credit services provider’s stock valued at $68,000 after acquiring an additional 6,306 shares during the period. 47.57% of the stock is owned by hedge funds and other institutional investors.

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.