Santander Consumer USA Holdings Inc. (NYSE:SC) was upgraded by ValuEngine from a “buy” rating to a “strong-buy” rating in a report issued on Friday.

Other analysts also recently issued research reports about the company. BMO Capital Markets dropped their price target on Santander Consumer USA Holdings from $15.00 to $14.00 and set an “outperform” rating on the stock in a research note on Monday, July 31st. Jefferies Group LLC reissued a “buy” rating and issued a $18.00 price target on shares of Santander Consumer USA Holdings in a research note on Friday, May 12th. UBS AG reissued a “buy” rating and issued a $15.00 price target (down previously from $15.50) on shares of Santander Consumer USA Holdings in a research note on Wednesday, August 2nd. JMP Securities raised Santander Consumer USA Holdings from a “market perform” rating to an “outperform” rating and set a $16.00 price target on the stock in a research note on Tuesday, July 18th. Finally, BidaskClub downgraded Santander Consumer USA Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Santander Consumer USA Holdings currently has a consensus rating of “Hold” and a consensus target price of $14.92.

Santander Consumer USA Holdings (NYSE SC) opened at 14.46 on Friday. The firm has a market capitalization of $5.20 billion, a price-to-earnings ratio of 7.65 and a beta of 1.26. The firm has a 50-day moving average price of $13.29 and a 200 day moving average price of $12.95. Santander Consumer USA Holdings has a 12 month low of $10.57 and a 12 month high of $15.47.

Santander Consumer USA Holdings (NYSE:SC) last released its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.08. Santander Consumer USA Holdings had a return on equity of 12.47% and a net margin of 10.40%. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the business posted $0.79 EPS. The company’s revenue for the quarter was down 5.6% on a year-over-year basis. On average, equities analysts forecast that Santander Consumer USA Holdings will post $1.74 EPS for the current year.

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In other Santander Consumer USA Holdings news, CFO Ismail Dawood purchased 5,000 shares of Santander Consumer USA Holdings stock in a transaction that occurred on Thursday, June 29th. The stock was acquired at an average price of $12.94 per share, for a total transaction of $64,700.00. Following the completion of the acquisition, the chief financial officer now owns 127,609 shares of the company’s stock, valued at approximately $1,651,260.46. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.36% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Santander Consumer USA Holdings by 4.7% in the second quarter. Vanguard Group Inc. now owns 9,032,559 shares of the financial services provider’s stock worth $115,256,000 after buying an additional 403,894 shares during the last quarter. Credit Suisse AG boosted its position in Santander Consumer USA Holdings by 150.7% in the first quarter. Credit Suisse AG now owns 8,670,592 shares of the financial services provider’s stock worth $115,492,000 after buying an additional 5,212,423 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Santander Consumer USA Holdings by 28.0% in the second quarter. Dimensional Fund Advisors LP now owns 4,420,715 shares of the financial services provider’s stock worth $56,411,000 after buying an additional 966,516 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its position in Santander Consumer USA Holdings by 4.7% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 3,801,644 shares of the financial services provider’s stock worth $50,638,000 after buying an additional 170,626 shares during the last quarter. Finally, Harbor Spring Capital LLC boosted its position in Santander Consumer USA Holdings by 12.9% in the second quarter. Harbor Spring Capital LLC now owns 3,363,110 shares of the financial services provider’s stock worth $42,913,000 after buying an additional 384,110 shares during the last quarter. Institutional investors and hedge funds own 91.71% of the company’s stock.

About Santander Consumer USA Holdings

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.

Analyst Recommendations for Santander Consumer USA Holdings (NYSE:SC)

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