Zacks Investment Research downgraded shares of Santander Consumer USA Holdings Inc. (NYSE:SC) from a buy rating to a hold rating in a research note issued to investors on Saturday.

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. “

A number of other research firms also recently weighed in on SC. Jefferies Group reaffirmed a buy rating and set a $15.00 price target on shares of Santander Consumer USA Holdings in a research report on Thursday, September 15th. Barclays PLC reaffirmed an overweight rating and set a $15.00 price target on shares of Santander Consumer USA Holdings in a research report on Friday, July 15th. Vetr downgraded Santander Consumer USA Holdings from a buy rating to a hold rating and set a $12.38 price target for the company. in a research report on Monday, July 18th. Finally, Janney Montgomery Scott reaffirmed a hold rating on shares of Santander Consumer USA Holdings in a research report on Thursday, September 22nd. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company. Santander Consumer USA Holdings has an average rating of Hold and an average target price of $16.06.

Santander Consumer USA Holdings (NYSE:SC) opened at 13.28 on Friday. The company’s 50-day moving average is $12.39 and its 200-day moving average is $11.83. The company has a market cap of $4.76 billion, a price-to-earnings ratio of 6.73 and a beta of 1.14. Santander Consumer USA Holdings has a 12 month low of $8.54 and a 12 month high of $18.44.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Capstone Investment Advisors LLC boosted its position in Santander Consumer USA Holdings by 0.5% in the second quarter. Capstone Investment Advisors LLC now owns 16,612 shares of the company’s stock worth $171,000 after buying an additional 80 shares in the last quarter. CIBC Asset Management Inc boosted its position in Santander Consumer USA Holdings by 3.4% in the second quarter. CIBC Asset Management Inc now owns 15,900 shares of the company’s stock worth $164,000 after buying an additional 521 shares in the last quarter. BlackRock Group LTD boosted its position in Santander Consumer USA Holdings by 0.9% in the third quarter. BlackRock Group LTD now owns 185,173 shares of the company’s stock worth $2,251,000 after buying an additional 1,584 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position in Santander Consumer USA Holdings by 7.2% in the second quarter. Public Employees Retirement System of Ohio now owns 26,616 shares of the company’s stock worth $275,000 after buying an additional 1,794 shares in the last quarter. Finally, California State Teachers Retirement System boosted its position in Santander Consumer USA Holdings by 1.0% in the third quarter. California State Teachers Retirement System now owns 231,412 shares of the company’s stock worth $2,814,000 after buying an additional 2,200 shares in the last quarter. Hedge funds and other institutional investors own 33.76% of the company’s stock.

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’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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