Balyasny Asset Management LLC trimmed its position in shares of Santander Consumer USA Holdings Inc. (NYSE:SC) by 0.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 730,474 shares of the financial services provider’s stock after selling 6,715 shares during the period. Balyasny Asset Management LLC owned about 0.20% of Santander Consumer USA Holdings worth $9,321,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in SC. Sei Investments Co. increased its position in Santander Consumer USA Holdings by 6.1% during the second quarter. Sei Investments Co. now owns 9,622 shares of the financial services provider’s stock worth $123,000 after buying an additional 555 shares during the last quarter. Meeder Asset Management Inc. increased its position in Santander Consumer USA Holdings by 40.3% during the first quarter. Meeder Asset Management Inc. now owns 9,744 shares of the financial services provider’s stock worth $129,000 after buying an additional 2,800 shares during the last quarter. TD Asset Management Inc. acquired a new position in Santander Consumer USA Holdings during the second quarter worth $133,000. Federated Investors Inc. PA increased its position in Santander Consumer USA Holdings by 134.9% during the second quarter. Federated Investors Inc. PA now owns 11,605 shares of the financial services provider’s stock worth $148,000 after buying an additional 6,665 shares during the last quarter. Finally, Numeric Investors LLC acquired a new position in Santander Consumer USA Holdings during the second quarter worth $189,000. Institutional investors and hedge funds own 91.80% of the company’s stock.

Shares of Santander Consumer USA Holdings Inc. (SC) opened at 15.61 on Friday. The company has a market cap of $5.61 billion, a PE ratio of 8.26 and a beta of 1.29. Santander Consumer USA Holdings Inc. has a 1-year low of $10.76 and a 1-year high of $15.82. The company has a 50 day moving average of $14.32 and a 200 day moving average of $12.99.

Santander Consumer USA Holdings (NYSE:SC) last announced its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.70 EPS for the quarter, beating the Zacks’ consensus estimate 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 business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the prior year, the business earned $0.79 EPS. Santander Consumer USA Holdings’s quarterly revenue was down 5.6% on a year-over-year basis. Equities analysts expect that Santander Consumer USA Holdings Inc. will post $1.74 earnings per share for the current fiscal year.

Several equities analysts have commented on the stock. Sandler O’Neill reissued a “buy” rating and set a $18.00 target price (up from $16.00) on shares of Santander Consumer USA Holdings in a research report on Wednesday. Zacks Investment Research downgraded shares of Santander Consumer USA Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday. BMO Capital Markets increased their target price on shares of Santander Consumer USA Holdings from $14.00 to $18.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 13th. Susquehanna Bancshares Inc raised Santander Consumer USA Holdings from a “neutral” rating to a “positive” rating in a research report on Tuesday, September 5th. Finally, ValuEngine raised Santander Consumer USA Holdings from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $16.08.

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Santander Consumer USA Holdings 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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