Santander Consumer USA Holdings Inc. (NYSE:SC) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.

According to Zacks, “Santander Consumer USA Holdings Inc. is a technology-driven consumer finance company which focused on vehicle finance and unsecured consumer lending products. The company’s vehicle finance products and services include consumer vehicle loans, vehicle leases and automotive dealer floorplan loans. Santander Consumer USA Holdings Inc. is headquartered in Dallas, Texas. “

SC has been the subject of several other reports. Vetr downgraded shares of Santander Consumer USA Holdings from a “sell” rating to a “strong sell” rating and set a $11.12 price objective for the company. in a research report on Wednesday, August 31st. Deutsche Bank AG restated a “hold” rating on shares of Santander Consumer USA Holdings in a research report on Wednesday, June 15th. Jefferies Group restated a “buy” rating and set a $15.00 price objective on shares of Santander Consumer USA Holdings in a research report on Sunday, July 17th. Finally, Barclays PLC set a $11.00 price objective on shares of Santander Consumer USA Holdings and gave the company a “hold” rating in a research report on Wednesday, September 7th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $16.48.

Analyst Recommendations for Santander Consumer USA Holdings (NYSE:SC)

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Santander Consumer USA Holdings (NYSE:SC) traded down 1.19% on Tuesday, reaching $10.82. The company’s stock had a trading volume of 1,175,189 shares. Santander Consumer USA Holdings has a 12 month low of $8.54 and a 12 month high of $22.54. The company has a market cap of $3.88 billion, a P/E ratio of 4.96 and a beta of 1.18. The stock’s 50 day moving average price is $11.71 and its 200 day moving average price is $11.33.

In other Santander Consumer USA Holdings news, CFO Jennifer Popp sold 13,434 shares of the company’s stock in a transaction on Monday, July 18th. The shares were sold at an average price of $12.02, for a total transaction of $161,476.68. Following the sale, the chief financial officer now owns 33,018 shares of the company’s stock, valued at $396,876.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 11.56% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the company. IBM Retirement Fund bought a new position in Santander Consumer USA Holdings during the second quarter worth about $110,000. KCG Holdings Inc. bought a new position in Santander Consumer USA Holdings during the second quarter worth about $122,000. Rafferty Asset Management LLC bought a new position in Santander Consumer USA Holdings during the first quarter worth about $123,000. Parametrica Management Ltd bought a new position in Santander Consumer USA Holdings during the first quarter worth about $125,000. Finally, Panagora Asset Management Inc. boosted its position in Santander Consumer USA Holdings by 307.8% in the second quarter. Panagora Asset Management Inc. now owns 12,438 shares of the company’s stock worth $128,000 after buying an additional 9,388 shares during the period. 33.76% of the stock is currently owned by institutional investors.

Santander Consumer USA Holdings Company Profile

Santander Consumer USA Holdings Inc is the holding company for Santander Consumer USA Inc, and subsidiaries, a consumer finance company focused on vehicle finance and third party servicing. The Company’s segment, Consumer Finance, includes its vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles (RVs), and marine vehicles.

5 Day Chart for NYSE:SC

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