Bank of New York Mellon Corp Has $975,000 Stake in Consumer Portfolio Services, Inc. (NASDAQ:CPSS)

Bank of New York Mellon Corp grew its stake in shares of Consumer Portfolio Services, Inc. (NASDAQ:CPSS) by 1.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 99,481 shares of the credit services provider’s stock after buying an additional 1,343 shares during the period. Bank of New York Mellon Corp owned approximately 0.47% of Consumer Portfolio Services worth $975,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. BNP Paribas Financial Markets boosted its stake in Consumer Portfolio Services by 229.7% during the 1st quarter. BNP Paribas Financial Markets now owns 9,051 shares of the credit services provider’s stock worth $68,000 after acquiring an additional 6,306 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Consumer Portfolio Services by 9.8% during the first quarter. Janney Montgomery Scott LLC now owns 50,005 shares of the credit services provider’s stock worth $378,000 after purchasing an additional 4,483 shares in the last quarter. HighPoint Advisor Group LLC acquired a new position in shares of Consumer Portfolio Services in the 4th quarter valued at $766,000. Empowered Funds LLC increased its position in shares of Consumer Portfolio Services by 8.1% in the 1st quarter. Empowered Funds LLC now owns 125,564 shares of the credit services provider’s stock valued at $949,000 after buying an additional 9,450 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Consumer Portfolio Services by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 521,457 shares of the credit services provider’s stock worth $3,942,000 after buying an additional 3,418 shares during the period. 47.57% of the stock is currently owned by institutional investors and hedge funds.

Consumer Portfolio Services Stock Down 0.8 %

NASDAQ:CPSS opened at $9.90 on Friday. Consumer Portfolio Services, Inc. has a 1 year low of $7.03 and a 1 year high of $12.04. The stock has a 50-day moving average price of $9.19 and a two-hundred day moving average price of $8.76. The stock has a market cap of $208.11 million, a price-to-earnings ratio of 6.88 and a beta of 2.00. The company has a current ratio of 21.80, a quick ratio of 21.80 and a debt-to-equity ratio of 10.19.

Consumer Portfolio Services (NASDAQ:CPSS) last issued its quarterly earnings data on Tuesday, July 30th. The credit services provider reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $95.88 million during the quarter. Consumer Portfolio Services had a return on equity of 9.76% and a net margin of 7.22%. As a group, equities analysts expect that Consumer Portfolio Services, Inc. will post 0.9 earnings per share for the current year.

Insider Transactions at Consumer Portfolio Services

In related news, VP April Crisp sold 5,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $9.65, for a total value of $48,250.00. Following the completion of the transaction, the vice president now directly owns 17,212 shares of the company’s stock, valued at approximately $166,095.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, VP April Crisp sold 5,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $9.65, for a total value of $48,250.00. Following the sale, the vice president now directly owns 17,212 shares in the company, valued at $166,095.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Charles E. Bradley, Jr. sold 70,000 shares of the company’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $9.85, for a total value of $689,500.00. Following the transaction, the chief executive officer now directly owns 3,720,092 shares of the company’s stock, valued at $36,642,906.20. The disclosure for this sale can be found here. Insiders sold 135,000 shares of company stock valued at $1,302,750 over the last quarter. Corporate insiders own 67.70% of the company’s stock.

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.