Vetr upgraded shares of Santander Consumer USA Holdings Inc. (NYSE:SC) from a sell rating to a hold rating in a research note released on Thursday morning. They currently have $11.09 target price on the stock.

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

A number of other research analysts also recently commented on the stock. Deutsche Bank AG reaffirmed a hold rating on shares of Santander Consumer USA Holdings in a report on Wednesday, June 15th. Jefferies Group reissued a buy rating and issued a $15.00 price objective on shares of Santander Consumer USA Holdings in a research note on Sunday, July 17th. Barclays PLC set a $11.00 price objective on shares of Santander Consumer USA Holdings and gave the stock a hold rating in a research note on Wednesday, September 7th. Finally, Zacks Investment Research downgraded shares of Santander Consumer USA Holdings from a hold rating to a sell rating in a research note on Tuesday, July 12th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the stock. Santander Consumer USA Holdings currently has a consensus rating of Hold and an average target price of $16.48.

Shares of Santander Consumer USA Holdings (NYSE:SC) opened at 10.82 on Thursday. The company has a market capitalization of $3.88 billion, a PE ratio of 4.96 and a beta of 1.18. Santander Consumer USA Holdings has a 12 month low of $8.54 and a 12 month high of $22.54. The stock has a 50 day moving average price of $11.71 and a 200-day moving average price of $11.33.

In other Santander Consumer USA Holdings news, CFO Jennifer Popp sold 13,434 shares of Santander Consumer USA Holdings stock in a transaction on Monday, July 18th. The shares were sold at an average price of $12.02, for a total value of $161,476.68. Following the transaction, the chief financial officer now directly owns 33,018 shares of the company’s stock, valued at $396,876.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 11.56% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in SC. Royal Bank of Canada raised its position in Santander Consumer USA Holdings by 7.6% in the second quarter. Royal Bank of Canada now owns 71,697 shares of the company’s stock valued at $740,000 after buying an additional 5,054 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in Santander Consumer USA Holdings by 7.2% in the second quarter. Public Employees Retirement System of Ohio now owns 26,616 shares of the company’s stock valued at $275,000 after buying an additional 1,794 shares in the last quarter. Sterling Capital Management LLC purchased a new position in Santander Consumer USA Holdings during the second quarter valued at about $153,000. Schwab Charles Investment Management Inc. raised its position in Santander Consumer USA Holdings by 13.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 445,034 shares of the company’s stock valued at $4,598,000 after buying an additional 53,788 shares in the last quarter. Finally, Amalgamated Bank purchased a new position in Santander Consumer USA Holdings during the second quarter valued at about $145,000. 33.76% of the stock is currently 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’s segment, Consumer Finance, includes its 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.

5 Day Chart for NYSE:SC

To view Vetr’s full report, visit Vetr’s official website.

Receive News & Ratings for Santander Consumer USA Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Santander Consumer USA Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.