Santander Consumer USA Holdings Inc. (NYSE:SC) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Tuesday.

According to Zacks, “Santander Consumer USA Holdings Inc. is a technology-driven consumer finance company which focused on vehicle finance and unsecured consumer lending products. The company’s vehicle finance products and services include consumer vehicle loans, vehicle leases and automotive dealer floorplan loans. Santander Consumer USA Holdings Inc. is headquartered in Dallas, Texas. “

SC has been the topic of a number of other reports. Vetr cut shares of Santander Consumer USA Holdings from a “sell” rating to a “strong sell” rating and set a $11.12 target price on the stock. in a report on Wednesday, August 31st. Deutsche Bank AG reaffirmed a “hold” rating on shares of Santander Consumer USA Holdings in a report on Wednesday, June 15th. Jefferies Group reaffirmed a “buy” rating and issued a $15.00 target price on shares of Santander Consumer USA Holdings in a report on Sunday, July 17th. Finally, Barclays PLC set a $11.00 target price on shares of Santander Consumer USA Holdings and gave the company a “hold” rating in a report on Wednesday, September 7th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $16.48.

Analyst Recommendations for Santander Consumer USA Holdings (NYSE:SC)

Shares of Santander Consumer USA Holdings (NYSE:SC) opened at 10.95 on Tuesday. The firm has a market capitalization of $3.92 billion, a PE ratio of 5.02 and a beta of 1.18. The stock has a 50 day moving average of $11.71 and a 200-day moving average of $11.33. Santander Consumer USA Holdings has a 12 month low of $8.54 and a 12 month high of $22.54.

In other Santander Consumer USA Holdings news, CFO Jennifer Popp sold 13,434 shares of the business’s stock in a transaction on Monday, July 18th. The shares were sold at an average price of $12.02, for a total transaction of $161,476.68. Following the sale, the chief financial officer now directly owns 33,018 shares in the company, valued at approximately $396,876.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 11.56% of the company’s stock.

Large investors have recently modified their holdings of the company. IBM Retirement Fund bought a new stake in shares of Santander Consumer USA Holdings during the second quarter valued at approximately $110,000. KCG Holdings Inc. bought a new stake in shares of Santander Consumer USA Holdings during the second quarter valued at approximately $122,000. Rafferty Asset Management LLC bought a new stake in shares of Santander Consumer USA Holdings during the first quarter valued at approximately $123,000. Parametrica Management Ltd bought a new stake in shares of Santander Consumer USA Holdings during the first quarter valued at approximately $125,000. Finally, Panagora Asset Management Inc. raised its stake in shares of Santander Consumer USA Holdings by 307.8% in the second quarter. Panagora Asset Management Inc. now owns 12,438 shares of the company’s stock valued at $128,000 after buying an additional 9,388 shares during the last quarter. Institutional investors own 33.76% of the company’s stock.

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’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.

5 Day Chart for NYSE:SC

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