Consumer Portfolio Services Inc (NASDAQ:CPSS) Shifting Institutional Investors Sentiment



July 24, 2017 – By Adrian Mccoy

Sentiment for Consumer Portfolio Services Inc (NASDAQ:CPSS)

Consumer Portfolio Services Inc (NASDAQ:CPSS) institutional sentiment increased to 1.33 in Q4 2016. Its up 0.58, from 0.75 in 2016Q3. The ratio is more positive, as 24 funds increased and opened new holdings, while 18 sold and reduced their stock positions in Consumer Portfolio Services Inc. The funds in our partner’s database now possess: 11.01 million shares, up from 10.94 million shares in 2016Q3. Also, the number of funds holding Consumer Portfolio Services Inc in their top 10 holdings decreased from 1 to 0 for a decrease of 1. Sold All: 4 Reduced: 14 Increased: 17 New Position: 7.

Consumer Portfolio Services, Inc. is a specialty finance company. The company has market cap of $108.77 million. 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. It has a 5.02 P/E ratio. Through its automobile contract purchases, the Company provides indirect financing to the clients of dealers having limited credit histories, low incomes or past credit problems, who it refers to as sub-prime customers.

It is down 24.05% since July 24, 2016 and is uptrending. It has outperformed by 7.35% the S&P500.

Second Curve Capital Llc holds 4.55% of its portfolio in Consumer Portfolio Services, Inc. for 2.34 million shares. Continental Advisors Llc owns 1.03 million shares or 1.43% of their US portfolio. Moreover, Leisure Capital Management has 0.28% invested in the company for 61,082 shares. The Texas-based Bridgeway Capital Management Inc has invested 0.04% in the stock. Fortress Investment Group Llc, a New York-based fund reported 318,074 shares.#img1#

Since January 1, 0001, it had 0 buys, and 7 insider sales for $345,359 activity.

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Ratings Coverage

Ratings analysis reveals 33% of Consumer Portfolio Services’s analysts are positive. Out of 3 Wall Street analysts rating Consumer Portfolio Services, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $5.50 while the high is $600. The stock’s average target of $5.75 is 23.13% above today’s ($4.67) share price. CPSS was included in 3 notes of analysts from February 25, 2016. Jefferies maintained it with “Buy” rating and $600 target in Thursday, June 15 report. On Thursday, February 25 the stock rating was downgraded by Compass Point to “Neutral”. JMP Securities downgraded Consumer Portfolio Services, Inc. (NASDAQ:CPSS) on Wednesday, March 16 to “Market Perform” rating.

More notable recent Consumer Portfolio Services, Inc. (NASDAQ:CPSS) news were published by: Seekingalpha.com which released: “Consumer Portfolio Services’ (CPSS) CEO Charles Bradley on Q3 2016 Results …” on October 18, 2016, also Seekingalpha.com with their article: “Consumer Portfolio Services’ (CPSS) CEO Charles Bradley on Q4 2016 Results …” published on February 16, 2017, Globenewswire.com published: “CPS Announces $206.3 Million Senior Subordinate Asset-Backed Securitization” on January 18, 2017. More interesting news about Consumer Portfolio Services, Inc. (NASDAQ:CPSS) were released by: Seekingalpha.com and their article: “Consumer Portfolio Services, Inc. – Value In An Expensive Market” published on March 14, 2017 as well as Seekingalpha.com‘s news article titled: “Consumer Portfolio Services’ (CPSS) CEO Charles Bradley on Q1 2017 Results …” with publication date: April 21, 2017.

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