Northern Trust Corp grew its position in shares of Santander Consumer USA Holdings Inc. (NYSE:SC) by 11.3% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 902,749 shares of the financial services provider’s stock after purchasing an additional 91,747 shares during the period. Northern Trust Corp owned approximately 0.25% of Santander Consumer USA Holdings worth $11,518,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in SC. Ameriprise Financial Inc. purchased a new stake in shares of Santander Consumer USA Holdings during the first quarter worth $506,000. Prudential Financial Inc. purchased a new stake in shares of Santander Consumer USA Holdings during the first quarter worth $1,170,000. Teachers Advisors LLC increased its position in shares of Santander Consumer USA Holdings by 1.5% during the first quarter. Teachers Advisors LLC now owns 452,499 shares of the financial services provider’s stock worth $6,027,000 after acquiring an additional 6,888 shares during the period. Vanguard Group Inc. increased its position in shares of Santander Consumer USA Holdings by 4.5% during the first quarter. Vanguard Group Inc. now owns 8,628,665 shares of the financial services provider’s stock worth $114,933,000 after acquiring an additional 370,437 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Santander Consumer USA Holdings by 34.0% during the first quarter. Dimensional Fund Advisors LP now owns 3,454,199 shares of the financial services provider’s stock worth $46,010,000 after acquiring an additional 876,530 shares during the period. Institutional investors own 91.77% of the company’s stock.

Santander Consumer USA Holdings Inc. (SC) opened at $16.99 on Friday. The stock has a market capitalization of $6,115.50, a PE ratio of 9.71 and a beta of 1.32. Santander Consumer USA Holdings Inc. has a twelve month low of $10.76 and a twelve month high of $17.01.

Santander Consumer USA Holdings (NYSE:SC) last issued its quarterly earnings data on Friday, October 27th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.13. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.11 billion. Santander Consumer USA Holdings had a return on equity of 11.56% and a net margin of 10.17%. The business’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.56 earnings per share. analysts predict that Santander Consumer USA Holdings Inc. will post 1.95 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 17th. Shareholders of record on Tuesday, November 7th will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.71%. The ex-dividend date is Monday, November 6th.

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SC has been the topic of a number of recent research reports. Zacks Investment Research raised Santander Consumer USA Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. BidaskClub raised Santander Consumer USA Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. JMP Securities raised Santander Consumer USA Holdings from a “market perform” rating to an “outperform” rating and set a $16.00 price objective on the stock in a research report on Tuesday, July 18th. Jefferies Group LLC reaffirmed a “buy” rating and set a $18.00 price objective on shares of Santander Consumer USA Holdings in a research report on Friday, July 21st. Finally, BMO Capital Markets cut their price objective on Santander Consumer USA Holdings from $15.00 to $14.00 and set an “outperform” rating on the stock in a research report on Monday, July 31st. One analyst has rated the stock with a sell rating, five have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. Santander Consumer USA Holdings currently has a consensus rating of “Buy” and a consensus price target of $17.00.

Santander Consumer USA Holdings 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.

Institutional Ownership by Quarter for Santander Consumer USA Holdings (NYSE:SC)

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