August 9, 2017 – By Max Morgan
Investors sentiment increased to 1.33 in 2016 Q4. Its up 0.58, from 0.75 in 2016Q3. It is positive, as 4 investors sold Consumer Portfolio Services, Inc. shares while 14 reduced holdings. 7 funds opened positions while 17 raised stakes. 11.01 million shares or 0.61% more from 10.94 million shares in 2016Q3 were reported.
Northern Trust Corp accumulated 41,497 shares. Clarivest Asset Mngmt Ltd Com accumulated 181,800 shares. Blackrock Japan Limited holds 0% in Consumer Portfolio Services, Inc. (NASDAQ:CPSS) or 383 shares. Hancock holds 30,450 shares. Geode Capital Mngmt Ltd holds 0% or 117,935 shares in its portfolio. Nationwide Fund accumulated 1,523 shares or 0% of the stock. Susquehanna Intll Gru Llp stated it has 0% of its portfolio in Consumer Portfolio Services, Inc. (NASDAQ:CPSS). Millennium Mngmt Limited Co holds 0% or 30,835 shares in its portfolio. Spark Ltd Com invested 0.02% of its portfolio in Consumer Portfolio Services, Inc. (NASDAQ:CPSS). Fortress Investment Limited Liability Company owns 318,074 shares or 0.04% of their US portfolio. Bancorp Of America De holds 29,560 shares. Tower Research Cap Ltd (Trc) stated it has 0.01% of its portfolio in Consumer Portfolio Services, Inc. (NASDAQ:CPSS). New York-based Goldman Sachs Grp has invested 0% in Consumer Portfolio Services, Inc. (NASDAQ:CPSS). Valley Natl Advisers holds 3,925 shares. Gsa Cap Prtn Llp holds 0.01% or 47,116 shares.
Since March 2, 2017, it had 0 insider purchases, and 7 sales for $345,359 activity. 10,000 shares valued at $52,853 were sold by CREATURA MARK on Wednesday, March 8. On Thursday, March 16 the insider POWELL CURTIS K sold $36,889. ROBERTS WILLIAM B sold $52,700 worth of stock. 5,000 shares were sold by SECOND CURVE CAPITAL LLC, worth $22,665 on Tuesday, May 16.
The stock of Consumer Portfolio Services (NASDAQ:CPSS) registered an increase of 4.1% in short interest. CPSS’s total short interest was 690,900 shares in August as published by FINRA. Its up 4.1% from 663,700 shares, reported previously. With 41,400 shares average volume, it will take short sellers 17 days to cover their CPSS’s short positions. The short interest to Consumer Portfolio Services’s float is 4.3%.
About 17,907 shares traded. Consumer Portfolio Services, Inc. (NASDAQ:CPSS) has risen 24.05% since August 9, 2016 and is uptrending. It has outperformed by 7.35% the S&P500.
Consumer Portfolio Services, Inc. is a specialty finance company. The company has market cap of $86.15 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 4.48 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.
Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Ratings Coverage
Among 3 analysts covering Consumer Portfolio Services (NASDAQ:CPSS), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Consumer Portfolio Services had 4 analyst reports since February 25, 2016 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, June 15 by Jefferies. JMP Securities downgraded the stock to “Market Perform” rating in Wednesday, March 16 report. The stock of Consumer Portfolio Services, Inc. (NASDAQ:CPSS) earned “Neutral” rating by Compass Point on Thursday, February 25. Jefferies maintained it with “Buy” rating and $600 target in Monday, July 24 report.
More important recent Consumer Portfolio Services, Inc. (NASDAQ:CPSS) news were published by: Seekingalpha.com which released: “Consumer Portfolio Services’ (CPSS) CEO Charles Bradley on Q1 2017 Results …” on April 21, 2017, also Seekingalpha.com published article titled: “Consumer Portfolio Services’ (CPSS) CEO Charles Bradley on Q4 2016 Results …”, Seekingalpha.com published: “Consumer Portfolio Services, Inc. – Value In An Expensive Market” on March 14, 2017. More interesting news about Consumer Portfolio Services, Inc. (NASDAQ:CPSS) was released by: Globenewswire.com and their article: “CPS Announces Second Quarter 2017 Earnings” with publication date: July 24, 2017.
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