<div id="readability-page-1"><p>Hyperion Capital Advisors LP lowered its stake in  Credit Acceptance Corporation (NASDAQ:CACC - Free Report) by 24.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 18,927 shares of the credit services provider's stock after selling 6,129 shares during the period. Credit Acceptance comprises  6.0% of Hyperion Capital Advisors LP's investment portfolio, making the stock its 7th biggest position. Hyperion Capital Advisors LP owned approximately 0.17% of Credit Acceptance worth $9,642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><ul><li>Credit Acceptance Corp. Among Growth Leaders In Subprime Lending Industry</li></ul><p>Other hedge funds and other institutional investors have also made changes to their positions in the company. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of  Credit Acceptance during the first quarter worth approximately $44,000.  US Bancorp DE increased its holdings in  Credit Acceptance by 35.8% in the first quarter. US Bancorp DE now owns 243 shares of the credit services provider's stock valued at $125,000 after buying an additional 64 shares during the last quarter.  Raymond James Financial Inc. acquired a new stake in  Credit Acceptance in the second quarter valued at $150,000.  Jump Financial LLC acquired a new position in shares of  Credit Acceptance during the 1st quarter worth about $213,000.  Finally, EP Wealth Advisors LLC acquired a new position in shares of  Credit Acceptance during the 1st quarter worth about $217,000. Hedge funds and other institutional investors own  81.71% of the company's stock. </p><div><p><span></span><span>Get <strong>Credit Acceptance</strong> alerts:</span></p></div><h2>Credit Acceptance Trading Down 1.1%</h2><p>CACC opened at $472.21 on Friday. The company has a quick ratio of 15.81, a current ratio of 15.81 and a debt-to-equity ratio of 3.94. Credit Acceptance Corporation has a 52 week low of $401.90 and a 52 week high of $560.00. The business's 50 day moving average is $463.77 and its two-hundred day moving average is $486.42. The firm has a market cap of $5.21 billion, a price-to-earnings ratio of 12.50 and a beta of 1.26. </p><p>Credit Acceptance (NASDAQ:CACC - Get Free Report) last announced its earnings results on Thursday, October 30th. The credit services provider reported $10.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $9.61 by $0.67. Credit Acceptance had a net margin of 19.70% and a return on equity of 27.88%. The business had revenue of $405.10 million for the quarter, compared to analyst estimates of $592.19 million. During the same period last year, the firm posted $9.25 earnings per share. The company's revenue for the quarter was up 5.8% compared to the same quarter last year.  On average, research analysts predict that  Credit Acceptance Corporation will post 53.24 EPS for the current year. </p><h2>Wall Street Analyst Weigh In</h2><p>Several equities research analysts recently weighed in on CACC shares. Cowen  restated a &#34;sell&#34; rating on shares of Credit Acceptance in a research note on Friday, October 31st. TD Cowen reduced their price objective on shares of Credit Acceptance from $450.00 to $430.00 and set a &#34;sell&#34; rating for the company in a research report on Friday, October 31st. Finally, Weiss Ratings  restated a &#34;hold (c)&#34; rating on shares of Credit Acceptance in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Hold rating and two have issued  a Sell rating to the stock. Based on data from MarketBeat, Credit Acceptance presently has an average rating of &#34;Reduce&#34; and a consensus price target of $465.00.</p><p><b>Get Our Latest Stock Report on Credit Acceptance</b></p><h2>Insider Buying and Selling</h2><p>In other news, CEO Kenneth Booth sold 4,000 shares of the company's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $506.59, for a total value of $2,026,360.00. Following the completion of the sale, the chief executive officer directly owned 68,116 shares of the company's stock, valued at approximately $34,506,884.44. This represents a 5.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is accessible through this hyperlink. Corporate insiders own  6.60% of the company's stock. </p><h2>Credit Acceptance Profile</h2> (Free Report)<p>Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. The company advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount collected from the consumers.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Credit Acceptance</li><li>3 Small Caps With Big Return Potential</li><li>MarketBeat Week in Review – 12/8 - 12/12</li><li>Profitably Trade Stocks at 52-Week Highs</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>Quiet Period Expirations Explained</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0FDQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0FDQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Credit Acceptance Right Now?</h2><p>Before you consider Credit Acceptance, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Credit Acceptance wasn't on the list.</p><p>While Credit Acceptance currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CACC

<p>Hyperion Capital Advisors LP reduced its stake in Credit Acceptance Corporation (NASDAQ:CACC) by 24.5% in Q2, selling 6,129 shares. The firm now owns 18,927 shares, worth $9.64 million, making up 6.0% of its portfolio. Credit Acceptance's stock has a quick ratio of 15.81, a current ratio of 15.81, and a debt-to-equity ratio of 3.94. The company reported Q3 earnings of $10.28 per share, beating estimates. Analysts have mixed ratings on the stock, with a consensus price target of $465.00.</p>

Credit Acceptance Corporation $CACC Shares Sold by Hyperion Capital Advisors LP