Barclays PLC Boosts Stock Position in Consumer Portfolio Services, Inc. (NASDAQ:CPSS)

Barclays PLC boosted its holdings in shares of Consumer Portfolio Services, Inc. (NASDAQ:CPSS) by 297.6% during the third quarter, Holdings Channel.com reports. The firm owned 11,794 shares of the credit services provider’s stock after acquiring an additional 8,828 shares during the period. Barclays PLC’s holdings in Consumer Portfolio Services were worth $110,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the business. Segall Bryant & Hamill LLC purchased a new stake in shares of Consumer Portfolio Services during the 3rd quarter valued at about $445,000. Fisher Asset Management LLC bought a new stake in Consumer Portfolio Services during the third quarter worth approximately $960,000. Empowered Funds LLC raised its position in Consumer Portfolio Services by 5.3% during the third quarter. Empowered Funds LLC now owns 142,520 shares of the credit services provider’s stock valued at $1,337,000 after purchasing an additional 7,236 shares during the period. Finally, State Street Corp lifted its stake in shares of Consumer Portfolio Services by 2.2% in the 3rd quarter. State Street Corp now owns 186,220 shares of the credit services provider’s stock valued at $1,747,000 after purchasing an additional 3,922 shares during the last quarter. Institutional investors own 47.57% of the company’s stock.

Consumer Portfolio Services Trading Up 1.0 %

Shares of CPSS opened at $11.50 on Friday. Consumer Portfolio Services, Inc. has a twelve month low of $7.03 and a twelve month high of $12.04. 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’s fifty day simple moving average is $10.81 and its 200-day simple moving average is $9.95. The company has a market cap of $246.22 million, a P/E ratio of 13.22 and a beta of 1.98.

Consumer Portfolio Services (NASDAQ:CPSS) last posted its quarterly earnings data on Thursday, October 31st. The credit services provider reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). The firm had revenue of $100.58 million during the quarter, compared to analysts’ expectations of $98.34 million. Consumer Portfolio Services had a return on equity of 7.59% and a net margin of 5.59%. As a group, analysts expect that Consumer Portfolio Services, Inc. will post 0.85 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Consumer Portfolio Services from a “buy” rating to a “strong-buy” rating in a report on Tuesday, January 14th.

Insider Activity at Consumer Portfolio Services

In related news, VP April Crisp sold 2,500 shares of Consumer Portfolio Services stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $11.15, for a total transaction of $27,875.00. Following the completion of the sale, the vice president now owns 17,212 shares in the company, valued at $191,913.80. This trade represents a 12.68 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Chris Terry sold 10,000 shares of the company’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $10.16, for a total transaction of $101,600.00. Following the completion of the transaction, the vice president now owns 203,656 shares in the company, valued at $2,069,144.96. This represents a 4.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 139,756 shares of company stock worth $1,482,459 in the last quarter. 69.00% of the stock is owned by company insiders.

Consumer Portfolio Services 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.