Santander Consumer USA Holdings Inc. (NYSE:SC) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Tuesday.

According to Zacks, “Santander Consumer USA Holdings Inc. is a technology-driven consumer finance company which focused on vehicle finance and unsecured consumer lending products. The company’s vehicle finance products and services include consumer vehicle loans, vehicle leases and automotive dealer floorplan loans. Santander Consumer USA Holdings Inc. is headquartered in Dallas, Texas. “

A number of other equities analysts have also recently weighed in on SC. Vetr cut shares of Santander Consumer USA Holdings from a “strong-buy” rating to a “buy” rating and set a $14.30 price target on the stock. in a research note on Wednesday, May 25th. Barclays PLC reaffirmed an “overweight” rating and set a $15.00 price target on shares of Santander Consumer USA Holdings in a research note on Friday, July 15th. Finally, Jefferies Group reaffirmed a “buy” rating and set a $15.00 price target on shares of Santander Consumer USA Holdings in a research note on Thursday, September 15th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the company’s stock. Santander Consumer USA Holdings has an average rating of “Hold” and an average target price of $16.48.

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

Santander Consumer USA Holdings (NYSE:SC) opened at 10.71 on Tuesday. Santander Consumer USA Holdings has a 52 week low of $8.54 and a 52 week high of $22.54. The stock has a market capitalization of $3.84 billion, a P/E ratio of 4.91 and a beta of 1.18. The firm’s 50-day moving average is $11.70 and its 200-day moving average is $11.32.

In other news, CFO Jennifer Popp sold 13,434 shares of the stock in a transaction dated Monday, July 18th. The shares were sold at an average price of $12.02, for a total transaction of $161,476.68. Following the transaction, the chief financial officer now directly owns 33,018 shares in the company, valued at approximately $396,876.36. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 11.56% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the company. Norges Bank acquired a new stake in Santander Consumer USA Holdings during the fourth quarter worth about $15,551,000. Quantitative Systematic Strategies LLC increased its stake in Santander Consumer USA Holdings by 155.5% in the first quarter. Quantitative Systematic Strategies LLC now owns 149,274 shares of the company’s stock worth $1,329,000 after buying an additional 90,851 shares during the period. Aperio Group LLC increased its stake in Santander Consumer USA Holdings by 13.0% in the first quarter. Aperio Group LLC now owns 62,020 shares of the company’s stock worth $651,000 after buying an additional 7,132 shares during the period. Parametrica Management Ltd acquired a new stake in Santander Consumer USA Holdings during the first quarter worth about $125,000. Finally, TIAA CREF Investment Management LLC increased its stake in Santander Consumer USA Holdings by 158.9% in the first quarter. TIAA CREF Investment Management LLC now owns 748,643 shares of the company’s stock worth $7,853,000 after buying an additional 459,447 shares during the period. 33.72% of the stock is owned by hedge funds and other institutional investors.

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.

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