Curtis K. Powell Sells 8,100 Shares of Consumer Portfolio Services, Inc. (CPSS) Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) insider Curtis K. Powell sold 8,100 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $4.27, for a total value of $34,587.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Consumer Portfolio Services, Inc. (CPSS) traded down $0.02 during mid-day trading on Friday, hitting $4.15. The stock had a trading volume of 29,707 shares, compared to its average volume of 62,894. Consumer Portfolio Services, Inc. has a twelve month low of $3.66 and a twelve month high of $6.05. The stock has a market capitalization of $90.80, a PE ratio of 5.49 and a beta of 1.94. The company has a current ratio of 17.19, a quick ratio of 17.19 and a debt-to-equity ratio of 10.89.

Consumer Portfolio Services (NASDAQ:CPSS) last announced its quarterly earnings results on Monday, October 23rd. The credit services provider reported $0.17 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.17. Consumer Portfolio Services had a return on equity of 11.09% and a net margin of 4.87%. The business had revenue of $109.49 million during the quarter, compared to analysts’ expectations of $112.39 million. analysts forecast that Consumer Portfolio Services, Inc. will post 0.66 EPS for the current year.

Hedge funds have recently made changes to their positions in the company. UBS Group AG increased its position in shares of Consumer Portfolio Services by 1,213.0% in the first quarter. UBS Group AG now owns 24,882 shares of the credit services provider’s stock valued at $117,000 after buying an additional 22,987 shares in the last quarter. Macquarie Group Ltd. purchased a new position in shares of Consumer Portfolio Services in the third quarter valued at $114,000. Hancock Holding Co. increased its position in shares of Consumer Portfolio Services by 17.6% in the second quarter. Hancock Holding Co. now owns 44,185 shares of the credit services provider’s stock valued at $201,000 after buying an additional 6,615 shares in the last quarter. Spark Investment Management LLC increased its position in shares of Consumer Portfolio Services by 53.2% in the second quarter. Spark Investment Management LLC now owns 61,600 shares of the credit services provider’s stock valued at $280,000 after buying an additional 21,400 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Consumer Portfolio Services by 0.6% in the first quarter. Goldman Sachs Group Inc. now owns 70,127 shares of the credit services provider’s stock valued at $330,000 after buying an additional 397 shares in the last quarter. Institutional investors and hedge funds own 48.02% of the company’s stock.

Several research analysts have issued reports on the company. TheStreet cut Consumer Portfolio Services from a “c” rating to a “d” rating in a research report on Tuesday, October 31st. Zacks Investment Research upgraded Consumer Portfolio Services from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $6.00 price target on shares of Consumer Portfolio Services in a research report on Thursday, September 7th.

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Consumer Portfolio Services Company Profile

Consumer Portfolio Services, Inc is a specialty finance company. The Company’s business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and by select independent dealers in the United States in the sale of new and used automobiles, light trucks and passenger vans.

Insider Buying and Selling by Quarter for Consumer Portfolio Services (NASDAQ:CPSS)

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