TheStreet downgraded shares of Collectors Universe (NASDAQ:CLCT) from a b rating to a c rating in a report published on Monday, February 12th.
Separately, BidaskClub downgraded shares of Collectors Universe from a strong-buy rating to a buy rating in a research report on Thursday, January 4th.
Shares of Collectors Universe (NASDAQ:CLCT) opened at $16.39 on Monday. The company has a quick ratio of 1.06, a current ratio of 1.32 and a debt-to-equity ratio of 0.20. Collectors Universe has a fifty-two week low of $14.87 and a fifty-two week high of $30.82. The company has a market cap of $147.15, a P/E ratio of 18.13 and a beta of 0.72.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Investors of record on Tuesday, February 13th will be given a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date of this dividend is Monday, February 12th. Collectors Universe’s payout ratio is presently 77.78%.
Institutional investors and hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC purchased a new position in Collectors Universe during the fourth quarter valued at approximately $106,000. Citigroup Inc. grew its position in Collectors Universe by 5.0% in the second quarter. Citigroup Inc. now owns 4,906 shares of the business services provider’s stock worth $122,000 after acquiring an additional 232 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in Collectors Universe by 15.9% in the second quarter. The Manufacturers Life Insurance Company now owns 7,011 shares of the business services provider’s stock worth $174,000 after acquiring an additional 960 shares in the last quarter. First Trust Advisors LP bought a new stake in Collectors Universe in the fourth quarter worth approximately $201,000. Finally, Spark Investment Management LLC bought a new stake in Collectors Universe in the fourth quarter worth approximately $223,000. 45.76% of the stock is currently owned by hedge funds and other institutional investors.
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About Collectors Universe
Collectors Universe, Inc provides authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs and historical and sports memorabilia (collectibles). The Company operates through three segments: coins, trading cards and autographs, and other collectibles.
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