RBF Capital LLC maintained its position in Consumer Portfolio Services, Inc. (NASDAQ:CPSS) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 60,000 shares of the credit services provider’s stock at the end of the first quarter. RBF Capital LLC owned 0.26% of Consumer Portfolio Services worth $283,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. UBS Group AG raised its position in Consumer Portfolio Services by 1,213.0% in the first quarter. UBS Group AG now owns 24,882 shares of the credit services provider’s stock valued at $117,000 after buying an additional 22,987 shares during the last quarter. Algert Global LLC raised its position in Consumer Portfolio Services by 12.1% in the first quarter. Algert Global LLC now owns 31,928 shares of the credit services provider’s stock valued at $150,000 after buying an additional 3,450 shares during the last quarter. Hancock Holding Co. raised its position in Consumer Portfolio Services by 23.4% in the first quarter. Hancock Holding Co. now owns 37,570 shares of the credit services provider’s stock valued at $177,000 after buying an additional 7,120 shares during the last quarter. Oxford Asset Management acquired a new position in Consumer Portfolio Services during the first quarter valued at approximately $230,000. Finally, Numeric Investors LLC raised its position in Consumer Portfolio Services by 24.9% in the fourth quarter. Numeric Investors LLC now owns 168,769 shares of the credit services provider’s stock valued at $864,000 after buying an additional 33,651 shares during the last quarter. Hedge funds and other institutional investors own 47.48% of the company’s stock.
Consumer Portfolio Services, Inc. (NASDAQ CPSS) traded up 0.65% during midday trading on Friday, reaching $4.67. The company’s stock had a trading volume of 100,724 shares. Consumer Portfolio Services, Inc. has a 12 month low of $3.67 and a 12 month high of $6.05. The stock’s 50-day moving average price is $4.45 and its 200-day moving average price is $4.74. The firm has a market capitalization of $108.07 million, a price-to-earnings ratio of 5.01 and a beta of 1.72.
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Separately, Zacks Investment Research upgraded Consumer Portfolio Services from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 20th.
In related news, major shareholder Second Curve Capital Llc sold 10,000 shares of the stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $4.52, for a total transaction of $45,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders have sold 20,000 shares of company stock valued at $90,050. 37.50% of the stock is owned by corporate insiders.
About Consumer Portfolio Services
Consumer Portfolio Services, Inc is a specialty finance company. 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.
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