Santander Consumer USA Holdings Inc. (NYSE:SC) shot up 3% during mid-day trading on Thursday . The stock traded as high as $10.48 and last traded at $10.22, with a volume of 1,065,026 shares. The stock had previously closed at $9.92.

Several research firms have recently issued reports on SC. Jefferies Group restated a “buy” rating on shares of Santander Consumer USA Holdings in a report on Thursday, April 28th. Royal Bank Of Canada restated a “hold” rating on shares of Santander Consumer USA Holdings in a report on Thursday, April 28th. Zacks Investment Research upgraded shares of Santander Consumer USA Holdings from a “sell” rating to a “hold” rating in a report on Saturday, April 30th. Keefe, Bruyette & Woods raised their target price on shares of Santander Consumer USA Holdings from $12.00 to $14.00 and gave the stock a “market perform” rating in a report on Thursday, April 28th. Finally, Compass Point raised their target price on shares of Santander Consumer USA Holdings from $12.00 to $13.50 and gave the stock a “neutral” rating in a report on Thursday, April 28th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company’s stock. Santander Consumer USA Holdings currently has an average rating of “Hold” and a consensus price target of $17.63.

The stock has a 50-day moving average price of $11.27 and a 200 day moving average price of $11.54. The stock has a market cap of $3.64 billion and a PE ratio of 4.65.

Santander Consumer USA Holdings (NYSE:SC) last announced its earnings results on Wednesday, April 27th. The company reported $0.59 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.56 by $0.03. The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.65 billion. During the same period last year, the business earned $0.81 EPS. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. On average, analysts forecast that Santander Consumer USA Holdings Inc. will post $2.21 earnings per share for the current year.

Other hedge funds and institutional investors recently made changes to their positions in the company. California State Teachers Retirement System raised its position in shares of Santander Consumer USA Holdings by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 169,569 shares of the company’s stock valued at $2,688,000 after buying an additional 2,640 shares during the period. California Public Employees Retirement System raised its position in shares of Santander Consumer USA Holdings by 1.2% in the fourth quarter. California Public Employees Retirement System now owns 569,800 shares of the company’s stock valued at $9,031,000 after buying an additional 6,600 shares during the period. Wells Fargo & Company MN raised its position in shares of Santander Consumer USA Holdings by 5.6% in the fourth quarter. Wells Fargo & Company MN now owns 1,297,720 shares of the company’s stock valued at $20,569,000 after buying an additional 68,623 shares during the period. Marshall Wace LLP raised its position in shares of Santander Consumer USA Holdings by 208.9% in the fourth quarter. Marshall Wace LLP now owns 118,919 shares of the company’s stock valued at $1,885,000 after buying an additional 80,424 shares during the period. Finally, BNP Paribas Arbitrage SA raised its position in shares of Santander Consumer USA Holdings by 61.9% in the fourth quarter. BNP Paribas Arbitrage SA now owns 188,394 shares of the company’s stock valued at $2,986,000 after buying an additional 72,052 shares during the period.

Santander Consumer USA Holdings Inc is a holding company. The Company is a specialized consumer finance company focused on vehicle finance and unsecured consumer lending products. The Company offers various auto financing products and services to Chrysler customers and dealers under the Chrysler Capital brand.

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