Shares of Santander Consumer USA Holdings Inc. (NYSE:SC) have been given a consensus rating of “Buy” by the fifteen research firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $16.00.

Several brokerages have recently weighed in on SC. Piper Jaffray Companies began coverage on shares of Santander Consumer USA Holdings in a report on Friday, June 9th. They issued a “neutral” rating and a $13.50 target price on the stock. ValuEngine upgraded shares of Santander Consumer USA Holdings from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 28th. BidaskClub raised shares of Santander Consumer USA Holdings from a “strong sell” rating to a “sell” rating in a report on Thursday, June 29th. Jefferies Group LLC reissued a “buy” rating and set a $18.00 price target on shares of Santander Consumer USA Holdings in a report on Friday, June 30th. Finally, Zacks Investment Research downgraded shares of Santander Consumer USA Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th.

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Shares of Santander Consumer USA Holdings (NYSE SC) traded up 1.43% during trading on Wednesday, reaching $15.59. The company’s stock had a trading volume of 4,687,027 shares. Santander Consumer USA Holdings has a 52 week low of $10.76 and a 52 week high of $15.69. The company has a 50 day moving average price of $13.59 and a 200 day moving average price of $12.90. The firm has a market capitalization of $5.61 billion, a P/E ratio of 8.25 and a beta of 1.29.

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

Large investors have recently made changes to their positions in the company. Sei Investments Co. grew its holdings in shares of Santander Consumer USA Holdings by 6.1% in the 2nd quarter. Sei Investments Co. now owns 9,622 shares of the financial services provider’s stock worth $123,000 after acquiring an additional 555 shares during the period. Meeder Asset Management Inc. increased its stake in Santander Consumer USA Holdings by 40.3% in the 1st quarter. Meeder Asset Management Inc. now owns 9,744 shares of the financial services provider’s stock valued at $129,000 after purchasing an additional 2,800 shares in the last quarter. TD Asset Management Inc. purchased a new position in Santander Consumer USA Holdings in the 2nd quarter valued at approximately $133,000. The Manufacturers Life Insurance Company increased its stake in Santander Consumer USA Holdings by 7.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 10,577 shares of the financial services provider’s stock valued at $135,000 after purchasing an additional 717 shares in the last quarter. Finally, Federated Investors Inc. PA increased its stake in Santander Consumer USA Holdings by 134.9% in the 2nd quarter. Federated Investors Inc. PA now owns 11,605 shares of the financial services provider’s stock valued at $148,000 after purchasing an additional 6,665 shares in the last quarter. 91.80% 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 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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