Collectors Universe (CLCT) Reaches New 1-Year High at $17.48

Collectors Universe, Inc. (NASDAQ:CLCT) shares hit a new 52-week high during trading on Thursday . The company traded as high as $17.48 and last traded at $17.47, with a volume of 1820 shares changing hands. The stock had previously closed at $16.70.

Separately, ValuEngine raised shares of Collectors Universe from a “sell” rating to a “hold” rating in a report on Friday, November 2nd.

The company has a current ratio of 1.62, a quick ratio of 1.41 and a debt-to-equity ratio of 0.14. The firm has a market cap of $148.68 million, a P/E ratio of 23.62 and a beta of 1.23.

Collectors Universe (NASDAQ:CLCT) last announced its quarterly earnings data on Tuesday, February 5th. The business services provider reported $0.17 earnings per share (EPS) for the quarter. The business had revenue of $15.70 million during the quarter. Collectors Universe had a net margin of 8.93% and a return on equity of 40.85%.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 1st. Shareholders of record on Friday, February 15th will be paid a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 4.09%. The ex-dividend date of this dividend is Thursday, February 14th.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Global Strategic Management Inc. bought a new stake in Collectors Universe in the fourth quarter worth about $1,127,000. Two Sigma Advisers LP lifted its stake in Collectors Universe by 23.7% in the fourth quarter. Two Sigma Advisers LP now owns 16,700 shares of the business services provider’s stock worth $190,000 after purchasing an additional 3,200 shares during the last quarter. Barclays PLC lifted its stake in Collectors Universe by 74,327.3% in the fourth quarter. Barclays PLC now owns 8,187 shares of the business services provider’s stock worth $93,000 after purchasing an additional 8,176 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Collectors Universe by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 327,770 shares of the business services provider’s stock worth $3,723,000 after purchasing an additional 2,522 shares during the last quarter. Finally, Pacifica Capital Investments LLC lifted its stake in Collectors Universe by 765.6% in the fourth quarter. Pacifica Capital Investments LLC now owns 205,747 shares of the business services provider’s stock worth $2,337,000 after purchasing an additional 181,977 shares during the last quarter. 49.61% of the stock is owned by institutional investors and hedge funds.

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Collectors Universe Company Profile (NASDAQ:CLCT)

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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