Harvest Capital Strategies LLC grew its holdings in Santander Consumer USA Holdings Inc (NYSE:SC) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 873,348 shares of the financial services provider’s stock after purchasing an additional 73,348 shares during the period. Santander Consumer USA makes up 2.8% of Harvest Capital Strategies LLC’s portfolio, making the stock its 7th biggest position. Harvest Capital Strategies LLC’s holdings in Santander Consumer USA were worth $16,262,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. State Street Corp raised its holdings in shares of Santander Consumer USA by 16.4% during the second quarter. State Street Corp now owns 1,563,544 shares of the financial services provider’s stock worth $19,951,000 after acquiring an additional 220,319 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Santander Consumer USA by 7.3% during the second quarter. The Manufacturers Life Insurance Company now owns 10,577 shares of the financial services provider’s stock worth $135,000 after acquiring an additional 717 shares in the last quarter. Nationwide Fund Advisors raised its holdings in shares of Santander Consumer USA by 19.1% during the third quarter. Nationwide Fund Advisors now owns 38,171 shares of the financial services provider’s stock worth $587,000 after acquiring an additional 6,129 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of Santander Consumer USA by 38.8% during the third quarter. Victory Capital Management Inc. now owns 85,386 shares of the financial services provider’s stock worth $1,312,000 after acquiring an additional 23,849 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System raised its holdings in shares of Santander Consumer USA by 60.0% during the third quarter. State Board of Administration of Florida Retirement System now owns 111,221 shares of the financial services provider’s stock worth $1,709,000 after acquiring an additional 41,700 shares in the last quarter.

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SC has been the subject of several recent research reports. Zacks Investment Research upgraded Santander Consumer USA from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Tuesday, January 23rd. Oppenheimer initiated coverage on Santander Consumer USA in a report on Monday, January 8th. They set a “hold” rating for the company. Piper Jaffray Companies reiterated a “buy” rating and set a $25.00 price objective on shares of Santander Consumer USA in a report on Thursday, February 1st. JPMorgan Chase & Co. upgraded Santander Consumer USA from a “neutral” rating to an “overweight” rating and cut their price objective for the stock from $20.50 to $16.00 in a report on Friday, January 12th. Finally, Barclays set a $18.00 target price on Santander Consumer USA and gave the company a “hold” rating in a report on Tuesday, December 12th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Santander Consumer USA has an average rating of “Buy” and an average target price of $18.77.

Santander Consumer USA Holdings Inc (SC) opened at $17.17 on Wednesday. Santander Consumer USA Holdings Inc has a 1-year low of $11.12 and a 1-year high of $19.02. The firm has a market capitalization of $6,256.55, a PE ratio of 5.19, a price-to-earnings-growth ratio of 4.36 and a beta of 1.14.

Santander Consumer USA (NYSE:SC) last issued its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.03). The business had revenue of $1.62 billion during the quarter, compared to analyst estimates of $1.58 billion. Santander Consumer USA had a net margin of 18.09% and a return on equity of 11.37%. During the same period in the prior year, the business posted $0.17 earnings per share. equities analysts forecast that Santander Consumer USA Holdings Inc will post 1.99 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Monday, February 12th were given a $0.05 dividend. This is an increase from Santander Consumer USA’s previous quarterly dividend of $0.03. This represents a $0.20 annualized dividend and a dividend yield of 1.16%. The ex-dividend date was Friday, February 9th. Santander Consumer USA’s dividend payout ratio (DPR) is currently 6.06%.

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Santander Consumer USA 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 (NYSE:SC)

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