Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Director Daniel S. Wood Sells 3,000 Shares

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Director Daniel S. Wood sold 3,000 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $10.38, for a total value of $31,140.00. Following the completion of the sale, the director now owns 196,910 shares in the company, valued at $2,043,925.80. This trade represents a 1.50 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Consumer Portfolio Services Trading Down 1.0 %

Shares of CPSS stock opened at $10.55 on Monday. 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 52-week low of $7.03 and a 52-week high of $12.04. The company has a market capitalization of $225.88 million, a PE ratio of 12.13 and a beta of 2.00. The business’s fifty day moving average is $9.92 and its 200 day moving average is $9.29.

Consumer Portfolio Services (NASDAQ:CPSS) last issued its quarterly earnings data 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). 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 analysts’ expectations of $98.34 million. On average, equities research analysts anticipate that Consumer Portfolio Services, Inc. will post 0.85 EPS for the current fiscal year.

Institutional Investors Weigh In On Consumer Portfolio Services

Institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets raised its position in 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 in the last quarter. Barclays PLC raised its position in Consumer Portfolio Services by 297.6% during the third quarter. Barclays PLC now owns 11,794 shares of the credit services provider’s stock valued at $110,000 after purchasing an additional 8,828 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new stake in Consumer Portfolio Services during the third quarter valued at about $445,000. Fisher Asset Management LLC purchased a new stake in Consumer Portfolio Services during the third quarter valued at about $960,000. Finally, Bank of New York Mellon Corp raised its position in 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 valued at $975,000 after purchasing an additional 1,343 shares in the last quarter. Hedge funds and other institutional investors own 47.57% of the company’s stock.

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.