Prudential Financial Inc. lifted its position in shares of Santander Consumer USA Holdings Inc. (NYSE:SC) by 2.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 89,747 shares of the financial services provider’s stock after acquiring an additional 1,900 shares during the period. Prudential Financial Inc.’s holdings in Santander Consumer USA Holdings were worth $1,145,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in SC. Nationwide Fund Advisors grew its position in shares of Santander Consumer USA Holdings by 164.2% during the first quarter. Nationwide Fund Advisors now owns 23,832 shares of the financial services provider’s stock worth $317,000 after acquiring an additional 14,813 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Santander Consumer USA Holdings by 1.1% during the first quarter. Bank of New York Mellon Corp now owns 801,989 shares of the financial services provider’s stock worth $10,683,000 after acquiring an additional 8,827 shares during the last quarter. Ameriprise Financial Inc. bought a new position in shares of Santander Consumer USA Holdings during the first quarter worth about $506,000. Pacer Advisors Inc. grew its position in shares of Santander Consumer USA Holdings by 19.1% during the first quarter. Pacer Advisors Inc. now owns 18,380 shares of the financial services provider’s stock worth $245,000 after acquiring an additional 2,942 shares during the last quarter. Finally, Victory Capital Management Inc. grew its position in shares of Santander Consumer USA Holdings by 57.5% during the first quarter. Victory Capital Management Inc. now owns 50,749 shares of the financial services provider’s stock worth $676,000 after acquiring an additional 18,519 shares during the last quarter. Institutional investors and hedge funds own 91.80% of the company’s stock.

Several equities analysts have recently commented on SC shares. Jefferies Group LLC restated a “buy” rating and set a $18.00 price target on shares of Santander Consumer USA Holdings in a research report on Friday, August 25th. ValuEngine upgraded shares of Santander Consumer USA Holdings from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Zacks Investment Research lowered shares of Santander Consumer USA Holdings from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 3rd. Stephens reiterated an “equal weight” rating and issued a $14.00 target price on shares of Santander Consumer USA Holdings in a research report on Friday, August 25th. Finally, Susquehanna Bancshares Inc upgraded shares of Santander Consumer USA Holdings from a “neutral” rating to a “positive” rating in a research report on Tuesday, September 5th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $16.08.

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Shares of Santander Consumer USA Holdings Inc. (SC) opened at 15.52 on Thursday. Santander Consumer USA Holdings Inc. has a 1-year low of $10.76 and a 1-year high of $15.82. The stock has a market capitalization of $5.58 billion, a price-to-earnings ratio of 8.21 and a beta of 1.29. The firm’s 50-day moving average is $14.25 and its 200-day moving average is $12.98.

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

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.

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

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