Santander Consumer USA Holdings Inc. (NYSE:SC) had its price target lifted by stock analysts at Citigroup Inc. from $16.00 to $17.00 in a report issued on Monday. The firm presently has a “neutral” rating on the financial services provider’s stock. Citigroup Inc.’s price objective suggests a potential upside of 5.79% from the stock’s previous close.

Several other equities research analysts also recently commented on SC. Jefferies Group LLC boosted their target price on shares of Santander Consumer USA Holdings from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Monday. JMP Securities boosted their target price on shares of Santander Consumer USA Holdings from $16.00 to $21.00 and gave the company an “outperform” rating in a research note on Monday. J P Morgan Chase & Co boosted their target price on shares of Santander Consumer USA Holdings from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Monday. BidaskClub downgraded shares of Santander Consumer USA Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd. Finally, UBS AG restated a “buy” rating and issued a $15.00 target price (down previously from $15.50) on shares of Santander Consumer USA Holdings in a research note on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $17.64.

Shares of Santander Consumer USA Holdings (SC) traded up 3.889% during mid-day trading on Monday, hitting $16.695. 3,672,950 shares of the company’s stock were exchanged. Santander Consumer USA Holdings has a 52 week low of $10.76 and a 52 week high of $16.81. The company has a market capitalization of $6.00 billion, a price-to-earnings ratio of 8.833 and a beta of 1.29. The firm has a 50 day moving average price of $15.04 and a 200-day moving average price of $13.27.

Santander Consumer USA Holdings (NYSE:SC) last posted its quarterly earnings results on Friday, October 27th. The financial services provider reported $0.48 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.13. Santander Consumer USA Holdings had a net margin of 10.17% and a return on equity of 11.56%. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the previous year, the company earned $0.56 earnings per share. The business’s revenue was down 4.9% compared to the same quarter last year. On average, equities analysts anticipate that Santander Consumer USA Holdings will post $1.76 EPS for the current year.

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Several institutional investors have recently added to or reduced their stakes in SC. Sei Investments Co. raised its holdings 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. TD Asset Management Inc. bought a new position in shares of Santander Consumer USA Holdings in the second quarter valued at about $133,000. The Manufacturers Life Insurance Company raised its holdings 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. Federated Investors Inc. PA raised its holdings 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. Finally, Numeric Investors LLC bought a new position in shares of Santander Consumer USA Holdings in the second quarter valued at about $189,000. 91.77% 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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