Northern Trust Corp raised its position in Collectors Universe, Inc. (NASDAQ:CLCT) by 7.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 121,432 shares of the business services provider’s stock after purchasing an additional 8,577 shares during the quarter. Northern Trust Corp owned 1.36% of Collectors Universe worth $3,017,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. American International Group Inc. increased its position in shares of Collectors Universe by 7.2% during the first quarter. American International Group Inc. now owns 4,608 shares of the business services provider’s stock worth $120,000 after acquiring an additional 309 shares during the period. Citigroup Inc. increased its position in shares of Collectors Universe by 5.0% during 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 during the period. Goldman Sachs Group Inc. purchased a new position in shares of Collectors Universe during the first quarter worth approximately $206,000. Seizert Capital Partners LLC increased its position in shares of Collectors Universe by 5.2% during the second quarter. Seizert Capital Partners LLC now owns 14,776 shares of the business services provider’s stock worth $367,000 after acquiring an additional 726 shares during the period. Finally, TIAA CREF Investment Management LLC increased its position in shares of Collectors Universe by 0.5% during the first quarter. TIAA CREF Investment Management LLC now owns 23,596 shares of the business services provider’s stock worth $616,000 after acquiring an additional 108 shares during the period. 42.61% of the stock is currently owned by institutional investors.

Collectors Universe, Inc. (NASDAQ CLCT) opened at $27.95 on Friday. The company has a market cap of $252.20, a P/E ratio of 23.17 and a beta of 0.90. Collectors Universe, Inc. has a 1 year low of $19.55 and a 1 year high of $28.83. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.26 and a current ratio of 1.50.

Collectors Universe (NASDAQ:CLCT) last issued its earnings results on Thursday, November 2nd. The business services provider reported $0.41 EPS for the quarter. The business had revenue of $19.75 million for the quarter. Collectors Universe had a net margin of 14.24% and a return on equity of 70.02%.

The business also recently announced a quarterly dividend, which was paid on Friday, November 24th. Stockholders of record on Wednesday, November 15th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date was Tuesday, November 14th. Collectors Universe’s dividend payout ratio (DPR) is presently 114.75%.

In other news, President David G. Hall sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $22.35, for a total transaction of $447,000.00. Following the transaction, the president now directly owns 459,999 shares of the company’s stock, valued at $10,280,977.65. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, President David G. Hall sold 6,500 shares of the firm’s stock in a transaction that occurred 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 transaction, the president now directly owns 423,499 shares in the company, valued at $11,188,843.58. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 67,460 shares of company stock worth $1,650,108. Corporate insiders own 14.00% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Collectors Universe, Inc. (CLCT) Position Increased by Northern Trust Corp” was originally reported by Watch List News and is the property of of Watch List News. If you are reading this piece of content on another website, it was copied illegally and republished in violation of U.S. & international copyright and trademark law. The original version of this piece of content can be viewed at https://www.watchlistnews.com/collectors-universe-inc-clct-position-increased-by-northern-trust-corp/1725090.html.

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.

Want to see what other hedge funds are holding CLCT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Collectors Universe, Inc. (NASDAQ:CLCT).

Institutional Ownership by Quarter for Collectors Universe (NASDAQ:CLCT)

Receive News & Ratings for Collectors Universe Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Collectors Universe Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.