Collectors Universe, Inc. (CLCT) Shares Bought by Seizert Capital Partners LLC
Seizert Capital Partners LLC grew its stake in Collectors Universe, Inc. (NASDAQ:CLCT) by 75.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,977 shares of the business services provider’s stock after buying an additional 11,201 shares during the quarter. Seizert Capital Partners LLC owned 0.29% of Collectors Universe worth $623,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. American International Group Inc. boosted its holdings in shares of Collectors Universe by 7.2% in the first quarter. American International Group Inc. now owns 4,608 shares of the business services provider’s stock valued at $120,000 after buying an additional 309 shares during the period. Citigroup Inc. boosted its holdings in 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 purchasing an additional 232 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Collectors Universe by 15.9% during the second quarter. The Manufacturers Life Insurance Company now owns 7,011 shares of the business services provider’s stock worth $174,000 after purchasing an additional 960 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in Collectors Universe during the first quarter worth $206,000. Finally, OxFORD Asset Management LLP acquired a new position in Collectors Universe during the second quarter worth $385,000. Institutional investors own 42.88% of the company’s stock.
Collectors Universe, Inc. (CLCT) opened at $26.82 on Friday. The firm has a market capitalization of $239.26, a P/E ratio of 21.98 and a beta of 0.90.
Collectors Universe (NASDAQ:CLCT) last announced its earnings results on Thursday, November 2nd. The business services provider reported $0.41 EPS for the quarter. Collectors Universe had a net margin of 14.24% and a return on equity of 72.77%. The business had revenue of $19.75 million during the quarter.
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Wednesday, November 15th will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 5.22%. The ex-dividend date of this dividend is Tuesday, November 14th. Collectors Universe’s payout ratio is 114.75%.
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In related news, President David G. Hall sold 10,000 shares of the stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $23.08, for a total transaction of $230,800.00. Following the completion of the transaction, the president now owns 479,999 shares in the company, valued at $11,078,376.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President David G. Hall sold 20,000 shares of the stock in a transaction on Monday, September 11th. The stock was sold at an average price of $22.35, for a total transaction of $447,000.00. Following the transaction, the president now owns 459,999 shares of the company’s stock, valued at approximately $10,280,977.65. The disclosure for this sale can be found here. Insiders have sold 70,960 shares of company stock valued at $1,650,578 in the last 90 days. 14.00% of the stock is currently owned by corporate insiders.
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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