California State Teachers Retirement System raised its stake in shares of Collectors Universe Inc. (NASDAQ:CLCT) by 3.8% during the second quarter, Holdings Channel reports. The fund owned 15,681 shares of the company’s stock after buying an additional 576 shares during the period. California State Teachers Retirement System owned about 0.18% of Collectors Universe worth $310,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of CLCT. Bank of New York Mellon Corp raised its position in Collectors Universe by 7.5% in the second quarter. Bank of New York Mellon Corp now owns 112,711 shares of the company’s stock worth $2,225,000 after buying an additional 7,894 shares in the last quarter. Pembroke Management LTD raised its position in Collectors Universe by 0.5% in the second quarter. Pembroke Management LTD now owns 144,300 shares of the company’s stock worth $2,849,000 after buying an additional 700 shares in the last quarter. Adams Diversified Equity Fund Inc. purchased a new position in Collectors Universe during the second quarter worth approximately $464,000. State Street Corp raised its position in Collectors Universe by 5.6% in the first quarter. State Street Corp now owns 106,610 shares of the company’s stock worth $1,769,000 after buying an additional 5,653 shares in the last quarter. Finally, Menta Capital LLC raised its position in Collectors Universe by 9.1% in the first quarter. Menta Capital LLC now owns 44,661 shares of the company’s stock worth $741,000 after buying an additional 3,729 shares in the last quarter. 40.01% of the stock is currently owned by hedge funds and other institutional investors.
Collectors Universe Inc. (NASDAQ:CLCT) traded up 0.5616% during trading on Monday, hitting $19.2676. 2,993 shares of the stock were exchanged. Collectors Universe Inc. has a 1-year low of $13.67 and a 1-year high of $22.49. The stock has a market cap of $171.44 million, a price-to-earnings ratio of 21.5280 and a beta of 0.97. The firm’s 50 day moving average price is $18.95 and its 200-day moving average price is $19.20.
Collectors Universe (NASDAQ:CLCT) last announced its quarterly earnings results on Tuesday, August 30th. The company reported $0.23 EPS for the quarter. The company earned $16.40 million during the quarter. Collectors Universe had a return on equity of 47.40% and a net margin of 12.53%.
About Collectors Universe
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 high-end collectibles.
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