Santander Consumer USA Holdings Inc. (NYSE:SC)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Group LLC in a report issued on Friday. They presently have a $18.00 price objective on the financial services provider’s stock. Jefferies Group LLC’s price target indicates a potential upside of 41.07% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. Compass Point raised Santander Consumer USA Holdings from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $13.50 to $16.00 in a research report on Thursday, April 27th. Zacks Investment Research raised Santander Consumer USA Holdings from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 29th. Piper Jaffray Companies started coverage on Santander Consumer USA Holdings in a research report on Friday, June 9th. They issued a “neutral” rating and a $13.50 price target for the company. BidaskClub upgraded Santander Consumer USA Holdings from a “strong sell” rating to a “sell” rating in a report on Thursday. Finally, ValuEngine upgraded Santander Consumer USA Holdings from a “buy” rating to a “strong-buy” rating in a report on Wednesday. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $14.51.

Shares of Santander Consumer USA Holdings (NYSE:SC) traded down 0.85% during mid-day trading on Friday, reaching $12.76. 3,552,732 shares of the company’s stock were exchanged. Santander Consumer USA Holdings has a one year low of $9.48 and a one year high of $15.47. The firm has a market capitalization of $4.59 billion, a P/E ratio of 6.54 and a beta of 1.31. The stock has a 50-day moving average of $11.76 and a 200 day moving average of $13.08.

Santander Consumer USA Holdings (NYSE:SC) last posted its quarterly earnings results on Wednesday, April 26th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.04. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.59 billion. Santander Consumer USA Holdings had a return on equity of 13.59% and a net margin of 10.73%. During the same quarter in the previous year, the firm earned $0.59 EPS. On average, analysts forecast that Santander Consumer USA Holdings will post $1.87 EPS for the current fiscal year.

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In other Santander Consumer USA Holdings news, CFO Ismail Dawood purchased 5,000 shares of the stock in a transaction that occurred on Thursday, June 1st. The shares were bought at an average cost of $11.25 per share, with a total value of $56,250.00. Following the acquisition, the chief financial officer now owns 122,609 shares in the company, valued at $1,379,351.25. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Richard Morrin sold 9,791 shares of the business’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $12.52, for a total value of $122,583.32. Following the completion of the transaction, the chief operating officer now directly owns 80,663 shares in the company, valued at $1,009,900.76. The disclosure for this sale can be found here. 11.56% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of SC. Pacad Investment Ltd. acquired a new position in Santander Consumer USA Holdings during the fourth quarter worth approximately $115,000. Meeder Asset Management Inc. boosted its stake in shares of Santander Consumer USA Holdings by 40.3% in the first quarter. Meeder Asset Management Inc. now owns 9,744 shares of the financial services provider’s stock valued at $129,000 after buying an additional 2,800 shares during the period. Amalgamated Bank boosted its stake in shares of Santander Consumer USA Holdings by 3.4% in the first quarter. Amalgamated Bank now owns 15,158 shares of the financial services provider’s stock valued at $202,000 after buying an additional 496 shares during the period. Pacer Advisors Inc. boosted its stake in shares of Santander Consumer USA Holdings by 19.1% in the first quarter. Pacer Advisors Inc. now owns 18,380 shares of the financial services provider’s stock valued at $245,000 after buying an additional 2,942 shares during the period. Finally, Gotham Asset Management LLC boosted its stake in shares of Santander Consumer USA Holdings by 9.4% in the first quarter. Gotham Asset Management LLC now owns 18,701 shares of the financial services provider’s stock valued at $249,000 after buying an additional 1,603 shares during the period. 93.15% 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 operates through Consumer Finance segment. Its Consumer Finance business is focused on 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.

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

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