Santander Consumer USA Holdings Inc. (NYSE:SC) has earned a consensus recommendation of “Hold” from the seventeen ratings firms that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $15.01.

Several brokerages have recently commented on SC. BMO Capital Markets cut their price objective on Santander Consumer USA Holdings from $15.00 to $14.00 and set an “outperform” rating for the company in a report on Monday, July 31st. Jefferies Group LLC reissued a “buy” rating and set a $18.00 price objective on shares of Santander Consumer USA Holdings in a report on Friday, May 12th. ValuEngine raised Santander Consumer USA Holdings from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 28th. UBS AG reissued a “buy” rating and set a $15.00 price objective (down previously from $15.50) on shares of Santander Consumer USA Holdings in a report on Wednesday, August 2nd. Finally, JMP Securities raised Santander Consumer USA Holdings from a “market perform” rating to an “outperform” rating and set a $16.00 price objective for the company in a report on Tuesday, July 18th.

In other news, CFO Ismail Dawood bought 5,000 shares of the business’s stock in a transaction on Thursday, June 29th. The stock was acquired at an average price of $12.94 per share, with a total value of $64,700.00. Following the completion of the purchase, the chief financial officer now directly owns 127,609 shares in the company, valued at $1,651,260.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.36% of the stock is owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in the stock. Sei Investments Co. increased its stake in shares of 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 valued at $123,000 after buying an additional 555 shares during the last quarter. Meeder Asset Management Inc. increased 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 last quarter. TD Asset Management Inc. bought a new stake in shares of Santander Consumer USA Holdings during the second quarter valued at $133,000. The Manufacturers Life Insurance Company increased its stake in shares of Santander Consumer USA Holdings by 7.3% in the second quarter. The Manufacturers Life Insurance Company now owns 10,577 shares of the financial services provider’s stock valued at $135,000 after buying an additional 717 shares during the last quarter. Finally, Federated Investors Inc. PA increased its stake 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 during the last quarter. Hedge funds and other institutional investors own 91.71% of the company’s stock.

Shares of Santander Consumer USA Holdings (NYSE SC) traded up 1.26% during midday trading on Friday, reaching $14.46. 1,952,076 shares of the company’s stock were exchanged. The company has a market cap of $5.20 billion, a P/E ratio of 7.65 and a beta of 1.26. Santander Consumer USA Holdings has a 12 month low of $10.57 and a 12 month high of $15.47. The firm has a 50 day moving average price of $13.29 and a 200 day moving average price of $12.95.

Santander Consumer USA Holdings (NYSE:SC) last posted its earnings results on Friday, July 28th. The financial services provider reported $0.70 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.08. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.07 billion. Santander Consumer USA Holdings had a return on equity of 12.47% and a net margin of 10.40%. The company’s quarterly revenue was down 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.79 EPS. Equities research analysts forecast that Santander Consumer USA Holdings will post $1.74 earnings per share for the current fiscal year.

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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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