Santander Consumer USA Holdings Inc. (SC) Shares Up 0.7%
Shares of Santander Consumer USA Holdings Inc. (NYSE:SC) shot 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 traded. The stock had previously closed at $12.36.
Several equities analysts recently weighed in on SC shares. Vetr cut shares of Santander Consumer USA Holdings from a “strong-buy” rating to a “buy” rating and set a $14.30 target price for the company. in a research note on Wednesday, May 25th. Jefferies Group reissued a “buy” rating on shares of Santander Consumer USA Holdings in a research note on Saturday, May 14th. Barclays PLC reissued an “overweight” rating and issued a $15.00 price objective on shares of Santander Consumer USA Holdings in a research note on Friday, July 15th. Macquarie cut shares of Santander Consumer USA Holdings from an “outperform” rating to a “neutral” rating and set a $15.00 price objective for the company. in a research note on Wednesday, May 11th. Finally, Zacks Investment Research cut shares of Santander Consumer USA Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 12th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $16.42.
The firm’s 50 day moving average price is $11.62 and its 200 day moving average price is $11.18. The company has a market capitalization of $4.45 billion and a P/E ratio of 5.702.
In other Santander Consumer USA Holdings news, CFO Jennifer Popp sold 13,434 shares of the company’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 completion of the transaction, the chief financial officer now directly owns 33,018 shares in the company, valued at $396,876.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
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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