Collectors Universe, Inc. (NASDAQ:CLCT) declared a quarterly dividend on Wednesday, July 26th, Zacks reports. Investors of record on Wednesday, August 16th will be paid a dividend of 0.35 per share by the business services provider on Friday, August 25th. This represents a $1.40 annualized dividend and a yield of 5.99%. The ex-dividend date is Monday, August 14th.
Collectors Universe (NASDAQ CLCT) opened at 23.36 on Friday. The firm has a market capitalization of $208.37 million, a PE ratio of 21.26 and a beta of 0.97. Collectors Universe has a one year low of $16.54 and a one year high of $28.83. The company’s 50-day moving average price is $24.37 and its 200 day moving average price is $24.89.
In other news, President David G. Hall sold 10,000 shares of the stock in a transaction on 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 owns 479,999 shares in the company, valued at approximately $11,078,376.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robert G. Deuster sold 9,364 shares of the stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $25.23, for a total value of $236,253.72. Following the sale, the chief executive officer now owns 37,286 shares of the company’s stock, valued at approximately $940,725.78. The disclosure for this sale can be found here. Insiders have sold a total of 90,000 shares of company stock valued at $2,194,000 in the last quarter. Insiders own 16.90% of the company’s stock.
An institutional investor recently raised its position in Collectors Universe stock. The Manufacturers Life Insurance Company increased its position in shares of Collectors Universe, Inc. (NASDAQ:CLCT) by 15.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,011 shares of the business services provider’s stock after buying an additional 960 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.08% of Collectors Universe worth $174,000 at the end of the most recent quarter. Institutional investors and hedge funds own 41.38% of the company’s stock.
Collectors Universe Company 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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