August 11, 2017 – By Peter Erickson
Sentiment for Consumer Portfolio Services Inc (NASDAQ:CPSS)
Consumer Portfolio Services Inc (NASDAQ:CPSS) institutional sentiment increased to 1.33 in 2016 Q4. Its up 0.58, from 0.75 in 2016Q3. The ratio is positive, as 24 active investment managers opened new and increased stock positions, while 18 sold and reduced their stakes in Consumer Portfolio Services Inc. The active investment managers in our partner’s database reported: 11.01 million shares, up from 10.94 million shares in 2016Q3. Also, the number of active investment managers holding Consumer Portfolio Services Inc in their top 10 stock positions 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 $88.20 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 4.59 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.
About 11,775 shares traded. Consumer Portfolio Services, Inc. (NASDAQ:CPSS) has risen 24.05% since August 11, 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 insider purchases, and 7 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 48.20% above today’s ($3.88) share price. CPSS was included in 4 notes of analysts from February 25, 2016. Compass Point downgraded it to “Neutral” rating and $5.50 target in Thursday, February 25 report. The stock has “Buy” rating by Jefferies on Monday, July 24. The firm has “Buy” rating given on Thursday, June 15 by Jefferies. The company was downgraded on Wednesday, March 16 by JMP Securities.
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