Santander Consumer USA Holdings Inc. (SC) Trading Up 0.7%
Santander Consumer USA Holdings Inc. (NYSE:SC) shares were up 0.7% during mid-day trading on Wednesday . The company traded as high as $12.54 and last traded at $12.45, with a volume of 520,509 shares trading hands. The stock had previously closed at $12.36.
A number of research analysts have issued reports on SC shares. Barclays PLC reiterated an “overweight” rating and issued a $15.00 target price on shares of Santander Consumer USA Holdings in a research report on Friday, July 15th. Vetr cut Santander Consumer USA Holdings from a “strong-buy” rating to a “buy” rating and set a $12.38 target price on the stock. in a research report on Tuesday, July 12th. Zacks Investment Research cut Santander Consumer USA Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 12th. Jefferies Group reiterated a “buy” rating on shares of Santander Consumer USA Holdings in a research report on Saturday, May 14th. Finally, Macquarie cut Santander Consumer USA Holdings from an “outperform” rating to a “neutral” rating and set a $15.00 target price on the stock. in a research report on Wednesday, May 11th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $16.42.
The company has a 50-day moving average price of $11.56 and a 200-day moving average price of $11.16. The company has a market cap of $4.51 billion and a P/E ratio of 5.77.
In related news, CFO Jennifer Popp sold 13,434 shares of the stock in a transaction dated Monday, July 18th. The stock was sold at an average price of $12.02, for a total transaction of $161,476.68. Following the sale, the chief financial officer now owns 33,018 shares of the company’s stock, valued at approximately $396,876.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
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’s segment, Consumer Finance, includes its 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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