Collectors Universe, Inc. (CLCT) Shares Sold by Royce & Associates LP
Royce & Associates LP decreased its stake in shares of Collectors Universe, Inc. (NASDAQ:CLCT) by 4.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 158,200 shares of the business services provider’s stock after selling 7,900 shares during the period. Royce & Associates LP owned approximately 1.77% of Collectors Universe worth $3,931,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. acquired a new position in Collectors Universe during the 1st quarter valued at about $206,000. Renaissance Technologies LLC increased its stake in Collectors Universe by 1.5% during the 1st quarter. Renaissance Technologies LLC now owns 716,419 shares of the business services provider’s stock valued at $18,699,000 after buying an additional 10,900 shares during the period. Seizert Capital Partners LLC acquired a new position in Collectors Universe during the 1st quarter valued at about $367,000. Vanguard Group Inc. increased its stake in Collectors Universe by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 287,924 shares of the business services provider’s stock valued at $7,515,000 after buying an additional 4,268 shares during the period. Finally, Isthmus Partners LLC increased its stake in Collectors Universe by 1.3% during the 1st quarter. Isthmus Partners LLC now owns 37,506 shares of the business services provider’s stock valued at $979,000 after buying an additional 478 shares during the period. 44.75% of the stock is currently owned by hedge funds and other institutional investors.
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In other Collectors Universe news, President David G. Hall sold 10,000 shares of the business’s stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $23.08, for a total transaction of $230,800.00. Following the completion of the sale, the president now directly owns 479,999 shares of the company’s stock, valued at approximately $11,078,376.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President David G. Hall sold 20,000 shares of the business’s stock in a transaction dated Monday, July 10th. The stock was sold at an average price of $24.23, for a total value of $484,600.00. Following the sale, the president now directly owns 489,999 shares of the company’s stock, valued at $11,872,675.77. The disclosure for this sale can be found here. Insiders have sold a total of 70,000 shares of company stock valued at $1,689,400 over the last three months. Company insiders own 16.90% of the company’s stock.
Collectors Universe, Inc. (CLCT) opened at 22.29 on Friday. The firm’s 50-day moving average is $23.75 and its 200 day moving average is $24.93. Collectors Universe, Inc. has a 1-year low of $16.54 and a 1-year high of $28.83. The firm has a market cap of $198.83 million, a PE ratio of 20.28 and a beta of 0.98.
Collectors Universe (NASDAQ:CLCT) last issued its quarterly earnings results on Thursday, August 31st. The business services provider reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $17.95 million for the quarter. Collectors Universe had a net margin of 12.13% and a return on equity of 59.50%.
The company also recently disclosed a quarterly dividend, which was paid on Friday, August 25th. Shareholders of record on Wednesday, August 16th were issued a dividend of $0.35 per share. The ex-dividend date was Monday, August 14th. This represents a $1.40 annualized dividend and a yield of 6.28%. Collectors Universe’s dividend payout ratio is currently 141.41%.
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 (collectibles). The Company operates through three segments: coins, trading cards and autographs, and other collectibles.
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