Universal- Beteiligungs- Und Servicegesellschaft Mbh Adds $15M in Credit Acceptance Corporation ($CACC)
Key Points
- Universal- Beteiligungs- Und Servicegesellschaft Mbh changed its Credit Acceptance Corporation ($CACC) stake by 13.5% last quarter, boosting to 231,331 shares worth $126.80 million.
- $CACC last traded around $548.15.
Universal- Beteiligungs- Und Servicegesellschaft Mbh increased its position in Credit Acceptance Corporation ($CACC) by 13.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 231,331 shares of Credit Acceptance Corporation after buying 27,452 shares during the quarter. Universal- Beteiligungs- Und Servicegesellschaft Mbh's holdings in Credit Acceptance Corporation were worth $126.80 million as of its most recent filing.
Credit Acceptance Corporation ($CACC) Stock
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About Credit Acceptance Corporation
Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. It 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. The company is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. It serves independent and franchised automobile dealers. The company was founded in 1972 and is headquartered in Southfield, Michigan.
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