Santander Consumer USA Holdings Inc. (NYSE:SC)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Group LLC in a research report issued on Friday. They currently have a $18.00 price target on the financial services provider’s stock. Jefferies Group LLC’s price target would indicate a potential upside of 33.14% from the stock’s previous close.

Several other equities analysts have also recently commented on the stock. ValuEngine upgraded shares of Santander Consumer USA Holdings from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 28th. JMP Securities upgraded shares of Santander Consumer USA Holdings from a “market perform” rating to an “outperform” rating and set a $16.00 price target on the stock in a report on Tuesday. Piper Jaffray Companies initiated coverage on shares of Santander Consumer USA Holdings in a report on Friday, June 9th. They set a “neutral” rating and a $13.50 price target on the stock. BidaskClub upgraded shares of Santander Consumer USA Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, Zacks Investment Research upgraded shares of Santander Consumer USA Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $14.66.

Santander Consumer USA Holdings (NYSE:SC) traded up 0.44% during midday trading on Friday, hitting $13.58. The stock had a trading volume of 640,376 shares. Santander Consumer USA Holdings has a one year low of $10.00 and a one year high of $15.47. The stock has a market cap of $4.88 billion, a PE ratio of 6.96 and a beta of 1.29. The firm has a 50 day moving average price of $12.32 and a 200 day moving average price of $13.02.

Santander Consumer USA Holdings (NYSE:SC) last announced its earnings results on Wednesday, April 26th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.04. Santander Consumer USA Holdings had a net margin of 10.73% and a return on equity of 13.59%. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the previous year, the business earned $0.59 EPS. Equities analysts expect that Santander Consumer USA Holdings will post $1.85 EPS for the current year.

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In other news, CFO Ismail Dawood purchased 5,000 shares of the firm’s stock in a transaction on Thursday, June 29th. The stock was bought at an average cost of $12.94 per share, for a total transaction of $64,700.00. Following the completion of the acquisition, the chief financial officer now directly owns 127,609 shares of the company’s stock, valued at $1,651,260.46. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Richard Morrin sold 9,791 shares of the company’s stock in a transaction dated Tuesday, May 9th. The shares were sold at an average price of $12.52, for a total transaction of $122,583.32. Following the sale, the chief operating officer now owns 80,663 shares of the company’s stock, valued at $1,009,900.76. The disclosure for this sale can be found here. Insiders have acquired 15,000 shares of company stock valued at $182,400 over the last 90 days. Corporate insiders own 0.36% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Meeder Asset Management Inc. raised its position 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 worth $129,000 after buying an additional 2,800 shares in the last quarter. Amalgamated Bank raised its position 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 worth $202,000 after buying an additional 496 shares in the last quarter. Pacer Advisors Inc. raised its position 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 worth $245,000 after buying an additional 2,942 shares in the last quarter. Gotham Asset Management LLC raised its position 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 worth $249,000 after buying an additional 1,603 shares in the last quarter. Finally, Rafferty Asset Management LLC bought a new position in shares of Santander Consumer USA Holdings during the first quarter worth approximately $255,000. 93.15% of the stock is owned by institutional investors and hedge funds.

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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