Shares of Santander Consumer USA Holdings Inc. (NYSE:SC) have received an average rating of “Hold” from the seventeen ratings firms that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $14.69.

SC has been the subject of several recent research reports. Zacks Investment Research downgraded shares of Santander Consumer USA Holdings from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 3rd. Jefferies Group LLC reissued a “buy” rating and issued a $18.00 price target on shares of Santander Consumer USA Holdings in a research note on Friday, July 21st. Compass Point raised shares of Santander Consumer USA Holdings from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $13.50 to $16.00 in a research note on Thursday, April 27th. BidaskClub raised shares of Santander Consumer USA Holdings from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 29th. Finally, Piper Jaffray Companies initiated coverage on shares of Santander Consumer USA Holdings in a research note on Friday, June 9th. They issued a “neutral” rating and a $13.50 price target for the company.

Shares of Santander Consumer USA Holdings (SC) traded up 1.45% on Tuesday, hitting $13.28. The stock had a trading volume of 1,514,025 shares. The company has a market capitalization of $4.77 billion, a PE ratio of 7.03 and a beta of 1.29. Santander Consumer USA Holdings has a 1-year low of $10.57 and a 1-year high of $15.47. The firm has a 50-day moving average of $12.82 and a 200 day moving average of $12.98.

Santander Consumer USA Holdings (NYSE:SC) last posted its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.08. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.07 billion. Santander Consumer USA Holdings had a net margin of 10.40% and a return on equity of 12.47%. The firm’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.79 earnings per share. On average, equities analysts anticipate that Santander Consumer USA Holdings will post $1.76 earnings per share for the current fiscal year.

In other news, CFO Ismail Dawood acquired 5,000 shares of the firm’s stock in a transaction on Thursday, June 1st. The shares were purchased at an average price of $11.25 per share, for a total transaction of $56,250.00. Following the completion of the transaction, the chief financial officer now owns 122,609 shares of the company’s stock, valued at $1,379,351.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders acquired 15,000 shares of company stock worth $182,400 in the last 90 days. Corporate insiders own 0.36% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. Sei Investments Co. boosted its position in Santander Consumer USA Holdings by 6.1% in the second quarter. Sei Investments Co. now owns 9,622 shares of the financial services provider’s stock worth $123,000 after buying an additional 555 shares during the last quarter. Meeder Asset Management Inc. boosted 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 valued at $129,000 after buying an additional 2,800 shares in the last quarter. TD Asset Management Inc. bought a new position in shares of Santander Consumer USA Holdings during the second quarter valued at about $133,000. Federated Investors Inc. PA boosted its position in shares of Santander Consumer USA Holdings by 134.9% in the second quarter. Federated Investors Inc. PA now owns 11,605 shares of the financial services provider’s stock valued at $148,000 after buying an additional 6,665 shares in the last quarter. Finally, Amalgamated Bank boosted 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 valued at $202,000 after buying an additional 496 shares in the last quarter. Hedge funds and other institutional investors own 93.20% of the company’s stock.

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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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