Shares of Santander Consumer USA Holdings Inc. (NYSE:SC) have earned an average recommendation of “Buy” from the seventeen research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation, eight have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $17.08.

Several brokerages have weighed in on SC. JMP Securities lifted their target price on Santander Consumer USA Holdings from $16.00 to $21.00 and gave the company an “outperform” rating in a research note on Monday, October 30th. Zacks Investment Research downgraded Santander Consumer USA Holdings from a “buy” rating to a “hold” rating in a research note on Saturday, November 11th. UBS AG lifted their price target on Santander Consumer USA Holdings from $15.00 to $18.00 and gave the company a “buy” rating in a research note on Monday, October 30th. Jefferies Group LLC lifted their price target on Santander Consumer USA Holdings from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, October 30th. Finally, Citigroup Inc. began coverage on Santander Consumer USA Holdings in a research note on Tuesday, October 17th. They issued a “neutral” rating and a $16.00 price target on the stock.

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Shares of Santander Consumer USA Holdings (NYSE SC) traded up $0.02 during mid-day trading on Thursday, hitting $17.09. The company’s stock had a trading volume of 1,880,459 shares, compared to its average volume of 2,015,256. Santander Consumer USA Holdings has a one year low of $11.12 and a one year high of $17.34. The stock has a market cap of $6,150.00, a P/E ratio of 9.33 and a beta of 1.32.

Santander Consumer USA Holdings (NYSE:SC) last announced its earnings results on Friday, October 27th. The financial services provider reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.13. Santander Consumer USA Holdings had a return on equity of 11.33% and a net margin of 10.17%. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same period last year, the business posted $0.56 EPS. The company’s revenue was down 4.9% on a year-over-year basis. research analysts expect that Santander Consumer USA Holdings will post 1.95 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 17th. Investors of record on Tuesday, November 7th were issued a dividend of $0.03 per share. The ex-dividend date was Monday, November 6th. This represents a $0.12 annualized dividend and a yield of 0.70%. Santander Consumer USA Holdings’s dividend payout ratio is presently 6.45%.

A number of hedge funds have recently modified their holdings of SC. Dimensional Fund Advisors LP raised its holdings in Santander Consumer USA Holdings by 28.0% during the second quarter. Dimensional Fund Advisors LP now owns 4,420,715 shares of the financial services provider’s stock worth $56,411,000 after purchasing an additional 966,516 shares during the last quarter. Marshall Wace North America L.P. acquired a new position in Santander Consumer USA Holdings during the second quarter worth $9,178,000. ALGEBRIS UK Ltd acquired a new position in Santander Consumer USA Holdings during the second quarter worth $8,639,000. Vanguard Group Inc. raised its holdings in Santander Consumer USA Holdings by 4.7% during the second quarter. Vanguard Group Inc. now owns 9,032,559 shares of the financial services provider’s stock worth $115,256,000 after purchasing an additional 403,894 shares during the last quarter. Finally, Kingdon Capital Management L.L.C. acquired a new position in Santander Consumer USA Holdings during the second quarter worth $5,151,000. 90.62% of the stock is owned by hedge funds and other institutional investors.

About Santander Consumer USA Holdings

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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