Stadium Capital Management LLC bought a new position in shares of Collectors Universe, Inc. (NASDAQ:CLCT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 164,352 shares of the business services provider’s stock, valued at approximately $2,432,000. Collectors Universe makes up approximately 0.9% of Stadium Capital Management LLC’s investment portfolio, making the stock its 10th biggest position. Stadium Capital Management LLC owned 1.81% of Collectors Universe as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Renaissance Technologies LLC increased its position in Collectors Universe by 2.6% during the 2nd quarter. Renaissance Technologies LLC now owns 842,619 shares of the business services provider’s stock worth $12,420,000 after purchasing an additional 21,000 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Collectors Universe by 5.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 325,248 shares of the business services provider’s stock worth $4,814,000 after acquiring an additional 15,508 shares during the period. North Star Investment Management Corp. boosted its holdings in Collectors Universe by 28.2% in the 3rd quarter. North Star Investment Management Corp. now owns 236,825 shares of the business services provider’s stock worth $3,505,000 after acquiring an additional 52,113 shares during the period. Sterling Capital Management LLC boosted its holdings in Collectors Universe by 10.2% in the 2nd quarter. Sterling Capital Management LLC now owns 201,985 shares of the business services provider’s stock worth $2,977,000 after acquiring an additional 18,725 shares during the period. Finally, Royce & Associates LP boosted its holdings in Collectors Universe by 13.5% in the 2nd quarter. Royce & Associates LP now owns 180,136 shares of the business services provider’s stock worth $2,655,000 after acquiring an additional 21,478 shares during the period. 45.84% of the stock is owned by hedge funds and other institutional investors.
Separately, ValuEngine upgraded Collectors Universe from a “sell” rating to a “hold” rating in a report on Friday, November 2nd.
Shares of Collectors Universe stock traded down $0.02 on Friday, hitting $13.00. 1,893 shares of the company’s stock traded hands, compared to its average volume of 21,221. The stock has a market cap of $120.86 million, a P/E ratio of 24.70 and a beta of 0.85. The company has a current ratio of 1.60, a quick ratio of 1.38 and a debt-to-equity ratio of 0.15. Collectors Universe, Inc. has a 52-week low of $12.92 and a 52-week high of $30.82.
Collectors Universe (NASDAQ:CLCT) last released its earnings results on Thursday, November 1st. The business services provider reported $0.24 EPS for the quarter. The company had revenue of $17.50 million during the quarter. Collectors Universe had a return on equity of 32.79% and a net margin of 7.15%.
The firm also recently announced a quarterly dividend, which was paid on Friday, November 30th. Stockholders of record on Friday, November 16th were paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 5.38%. The ex-dividend date of this dividend was Thursday, November 15th.
In other news, Director Deborah A. Farrington sold 12,823 shares of the stock in a transaction that occurred on Friday, November 9th. The stock was sold at an average price of $14.31, for a total transaction of $183,497.13. Following the completion of the transaction, the director now directly owns 16,174 shares in the company, valued at approximately $231,449.94. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 13.20% of the company’s stock.
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Collectors Universe Profile
Collectors Universe, Inc provides authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs, and historical and sports memorabilia in the United States. It operates through three segments: Coins, Trading Cards and Autographs, and Other High-End Collectibles.
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