Pacer Advisors Inc. lifted its position in shares of Santander Consumer USA Holdings Inc. (NYSE:SC) by 11.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,486 shares of the financial services provider’s stock after purchasing an additional 2,106 shares during the period. Pacer Advisors Inc.’s holdings in Santander Consumer USA Holdings were worth $261,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Santander Consumer USA Holdings by 4.5% during the 1st quarter. Vanguard Group Inc. now owns 8,628,665 shares of the financial services provider’s stock worth $114,933,000 after buying an additional 370,437 shares during the period. Clinton Group Inc. boosted its holdings in shares of Santander Consumer USA Holdings by 449.6% during the 1st quarter. Clinton Group Inc. now owns 118,919 shares of the financial services provider’s stock worth $1,584,000 after buying an additional 97,283 shares during the period. Aperio Group LLC boosted its holdings in shares of Santander Consumer USA Holdings by 11.8% during the 2nd quarter. Aperio Group LLC now owns 140,245 shares of the financial services provider’s stock worth $1,790,000 after buying an additional 14,774 shares during the period. Schwab Charles Investment Management Inc. boosted its holdings in shares of Santander Consumer USA Holdings by 12.2% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 780,848 shares of the financial services provider’s stock worth $10,401,000 after buying an additional 84,619 shares during the period. Finally, Trexquant Investment LP bought a new stake in shares of Santander Consumer USA Holdings during the 1st quarter worth about $362,000. Institutional investors own 91.71% of the company’s stock.

Several brokerages recently commented on SC. ValuEngine raised shares of Santander Consumer USA Holdings from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Susquehanna Bancshares Inc raised shares of Santander Consumer USA Holdings from a “neutral” rating to a “positive” rating in a report on Tuesday, September 5th. Zacks Investment Research raised shares of Santander Consumer USA Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. BMO Capital Markets boosted their price objective on shares of Santander Consumer USA Holdings from $14.00 to $18.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Stephens reissued an “equal weight” rating and issued a $14.00 price objective on shares of Santander Consumer USA Holdings in a report on Friday, August 25th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $15.26.

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In other news, CFO Ismail Dawood acquired 5,000 shares of the business’s stock in a transaction dated Thursday, June 29th. The stock was bought at an average cost of $12.94 per share, for a total transaction of $64,700.00. Following the completion of the transaction, the chief financial officer now owns 127,609 shares of the company’s stock, valued at $1,651,260.46. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.36% of the stock is currently owned by company insiders.

Shares of Santander Consumer USA Holdings Inc. (SC) opened at 14.09 on Friday. The stock’s 50 day moving average is $13.48 and its 200-day moving average is $12.94. Santander Consumer USA Holdings Inc. has a one year low of $10.57 and a one year high of $15.47. The company has a market cap of $5.07 billion, a P/E ratio of 7.45 and a beta of 1.27.

Santander Consumer USA Holdings (NYSE:SC) last released its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.08. Santander Consumer USA Holdings had a net margin of 10.40% and a return on equity of 12.47%. The company had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the business earned $0.79 earnings per share. Santander Consumer USA Holdings’s revenue was down 5.6% compared to the same quarter last year. Equities research analysts forecast that Santander Consumer USA Holdings Inc. will post $1.74 earnings per share for the current year.

Santander Consumer USA Holdings Company Profile

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.

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Institutional Ownership by Quarter for Santander Consumer USA Holdings (NYSE:SC)

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