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 the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were 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 of the company’s stock, valued at $191,913.80. This represents a 12.68 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Consumer Portfolio Services Trading Down 0.5 %

NASDAQ:CPSS opened at $10.89 on Thursday. The company has a market cap of $233.10 million, a PE ratio of 12.52 and a beta of 1.99. The company has a current ratio of 19.17, a quick ratio of 19.16 and a debt-to-equity ratio of 10.52. The company has a 50 day simple moving average of $10.32 and a two-hundred day simple moving average of $9.58. Consumer Portfolio Services, Inc. has a 12 month low of $7.03 and a 12 month high of $12.04.

Consumer Portfolio Services (NASDAQ:CPSS) last released 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). The business had revenue of $100.58 million for the quarter, compared to analysts’ expectations of $98.34 million. Consumer Portfolio Services had a net margin of 5.59% and a return on equity of 7.59%. Research analysts forecast that Consumer Portfolio Services, Inc. will post 0.85 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CPSS. Barclays PLC grew its position 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 valued at $110,000 after acquiring an additional 8,828 shares during the period. Segall Bryant & Hamill LLC purchased a new position in Consumer Portfolio Services during the third quarter valued at $445,000. Bank of New York Mellon Corp grew its holdings 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 during the period. Fisher Asset Management LLC purchased a new stake in Consumer Portfolio Services in the third quarter worth about $960,000. Finally, Empowered Funds LLC increased its position 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 worth $1,337,000 after buying an additional 7,236 shares in the last quarter. 47.57% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Consumer Portfolio Services from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 14th.

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.