David G. Hall Sells 6,500 Shares of Collectors Universe, Inc. (CLCT) Stock
Collectors Universe, Inc. (NASDAQ:CLCT) President David G. Hall sold 6,500 shares of the stock in a transaction on Friday, November 10th. The stock was sold at an average price of $26.42, for a total transaction of $171,730.00. Following the sale, the president now directly owns 423,499 shares of the company’s stock, valued at approximately $11,188,843.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Collectors Universe, Inc. (CLCT) traded down $0.19 during mid-day trading on Thursday, hitting $25.75. 22,400 shares of the stock traded hands, compared to its average volume of 30,534. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.50 and a quick ratio of 1.26. Collectors Universe, Inc. has a 52 week low of $18.90 and a 52 week high of $28.83. The company has a market capitalization of $231.41, a P/E ratio of 21.26 and a beta of 0.90.
Collectors Universe (NASDAQ:CLCT) last issued its quarterly earnings data on Thursday, November 2nd. The business services provider reported $0.41 earnings per share (EPS) for the quarter. Collectors Universe had a net margin of 14.24% and a return on equity of 70.02%. The company had revenue of $19.75 million during the quarter.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 24th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 5.44%. The ex-dividend date is Tuesday, November 14th. Collectors Universe’s dividend payout ratio is 114.75%.
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A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Martin & Co. Inc. TN boosted its holdings in Collectors Universe by 53.4% during the third quarter. Martin & Co. Inc. TN now owns 78,085 shares of the business services provider’s stock worth $1,872,000 after purchasing an additional 27,175 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Collectors Universe by 2.3% during the third quarter. Dimensional Fund Advisors LP now owns 281,307 shares of the business services provider’s stock worth $6,743,000 after purchasing an additional 6,198 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Collectors Universe by 2.9% during the third quarter. Wells Fargo & Company MN now owns 69,770 shares of the business services provider’s stock worth $1,672,000 after purchasing an additional 1,941 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Collectors Universe during the third quarter worth $463,000. Finally, Seizert Capital Partners LLC boosted its holdings in Collectors Universe by 75.8% during the third quarter. Seizert Capital Partners LLC now owns 25,977 shares of the business services provider’s stock worth $623,000 after purchasing an additional 11,201 shares during the last quarter. Institutional investors and hedge funds own 42.94% of the company’s stock.
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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