Collectors Universe (CLCT) Hits New 12-Month High at $19.94

Collectors Universe, Inc. (NASDAQ:CLCT) shares reached a new 52-week high on Thursday . The stock traded as high as $19.94 and last traded at $19.65, with a volume of 1618 shares traded. The stock had previously closed at $18.62.

Separately, TheStreet raised shares of Collectors Universe from a “c+” rating to a “b” rating in a research report on Friday, May 3rd.

The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.55 and a current ratio of 1.73. The firm has a market capitalization of $172.71 million, a P/E ratio of 20.43 and a beta of 1.39.

Collectors Universe (NASDAQ:CLCT) last posted its quarterly earnings results on Wednesday, May 1st. The business services provider reported $0.40 EPS for the quarter. The business had revenue of $19.47 million during the quarter. Collectors Universe had a net margin of 11.66% and a return on equity of 52.41%.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be issued a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 3.51%. The ex-dividend date is Thursday, May 16th.

Several hedge funds have recently bought and sold shares of CLCT. Wells Fargo & Company MN boosted its holdings in shares of Collectors Universe by 7.1% during the third quarter. Wells Fargo & Company MN now owns 89,607 shares of the business services provider’s stock worth $1,326,000 after purchasing an additional 5,910 shares during the period. Dimensional Fund Advisors LP lifted its stake in Collectors Universe by 5.0% in the third quarter. Dimensional Fund Advisors LP now owns 325,248 shares of the business services provider’s stock valued at $4,814,000 after acquiring an additional 15,508 shares during the last quarter. Dalton Greiner Hartman Maher & Co. acquired a new stake in Collectors Universe in the fourth quarter valued at approximately $1,489,000. Isthmus Partners LLC lifted its stake in Collectors Universe by 26.9% in the fourth quarter. Isthmus Partners LLC now owns 71,357 shares of the business services provider’s stock valued at $811,000 after acquiring an additional 15,133 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in Collectors Universe by 19.3% in the fourth quarter. First Trust Advisors LP now owns 14,210 shares of the business services provider’s stock valued at $161,000 after acquiring an additional 2,296 shares during the last quarter. Institutional investors and hedge funds own 45.78% of the company’s stock.

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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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