Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Shares Bought by Empowered Funds LLC

Empowered Funds LLC raised its position in Consumer Portfolio Services, Inc. (NASDAQ:CPSS) by 1.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 145,220 shares of the credit services provider’s stock after acquiring an additional 2,700 shares during the period. Empowered Funds LLC owned approximately 0.68% of Consumer Portfolio Services worth $1,577,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Barclays PLC increased its holdings in shares of Consumer Portfolio Services by 297.6% in the 3rd 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 position in shares of Consumer Portfolio Services in the 3rd quarter valued at about $445,000. Fisher Asset Management LLC purchased a new position in shares of Consumer Portfolio Services in the 3rd quarter valued at about $960,000. Verity & Verity LLC purchased a new position in shares of Consumer Portfolio Services in the 4th quarter valued at about $1,309,000. Finally, State Street Corp increased its holdings 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 in the last quarter. Hedge funds and other institutional investors own 47.57% of the company’s stock.

Analysts Set New Price Targets

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

Consumer Portfolio Services Stock Performance

Shares of NASDAQ CPSS opened at $10.95 on Friday. The company has a market cap of $234.44 million, a PE ratio of 12.59 and a beta of 1.98. Consumer Portfolio Services, Inc. has a 12 month low of $7.03 and a 12 month high of $12.73. The company has a debt-to-equity ratio of 10.52, a current ratio of 19.17 and a quick ratio of 19.16. The company has a 50-day simple moving average of $11.12 and a 200-day simple moving average of $10.09.

Insider Activity at Consumer Portfolio Services

In other Consumer Portfolio Services news, VP April Crisp sold 2,500 shares of the business’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 completion of the sale, the vice president now directly owns 17,212 shares in the company, valued at $191,913.80. The trade was a 12.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William B. Roberts sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $10.45, for a total transaction of $156,750.00. Following the sale, the director now owns 700,078 shares of the company’s stock, valued at approximately $7,315,815.10. This represents a 2.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 63,775 shares of company stock worth $669,559. 69.00% of the stock is owned by company insiders.

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.