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 the business’s stock in a transaction that occurred on 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 in the company, valued at approximately $8,244,958.86. The trade was a 0.62 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Consumer Portfolio Services Stock Down 0.2 %

CPSS opened at $10.55 on Tuesday. The company has a debt-to-equity ratio of 10.52, a quick ratio of 19.16 and a current ratio of 19.17. The company has a market capitalization of $225.88 million, a PE ratio of 12.13 and a beta of 2.00. The stock’s fifty day moving average is $9.84 and its 200-day moving average is $9.24. Consumer Portfolio Services, Inc. has a one year low of $7.03 and a one year high of $12.04.

Consumer Portfolio Services (NASDAQ:CPSS) last issued its quarterly 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 business had revenue of $100.58 million during the quarter, compared to the consensus estimate of $98.34 million. On average, equities analysts predict that Consumer Portfolio Services, Inc. will post 0.85 EPS for the current fiscal year.

Institutional Trading of Consumer Portfolio Services

Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in shares of Consumer Portfolio Services by 0.7% during 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 last quarter. Bank of New York Mellon Corp raised its position in shares of Consumer Portfolio Services by 1.4% during the second 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 period. BNP Paribas Financial Markets lifted its holdings in shares of 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 valued at $68,000 after purchasing an additional 6,306 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Consumer Portfolio Services by 9.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 50,005 shares of the credit services provider’s stock valued at $378,000 after purchasing an additional 4,483 shares during the period. Finally, Barclays PLC increased its stake in 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 purchasing an additional 8,828 shares in the last quarter. 47.57% of the stock is currently owned by 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.