Great West Life Assurance Co. Can held its stake in Santander Consumer USA Holdings Inc. (NYSE:SC) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 27,000 shares of the financial services provider’s stock at the close of the 2nd quarter. Great West Life Assurance Co. Can’s holdings in Santander Consumer USA Holdings were worth $344,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the company. Amalgamated Bank boosted its position in shares of Santander Consumer USA Holdings by 3.4% during the 1st quarter. Amalgamated Bank now owns 15,158 shares of the financial services provider’s stock valued at $202,000 after acquiring an additional 496 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Santander Consumer USA Holdings by 1.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 55,228 shares of the financial services provider’s stock valued at $736,000 after acquiring an additional 738 shares during the last quarter. Gotham Asset Management LLC boosted its position in shares of Santander Consumer USA Holdings by 9.4% during the 1st quarter. Gotham Asset Management LLC now owns 18,701 shares of the financial services provider’s stock valued at $249,000 after acquiring an additional 1,603 shares during the last quarter. Meeder Asset Management Inc. boosted its position in shares of Santander Consumer USA Holdings by 40.3% during the 1st quarter. Meeder Asset Management Inc. now owns 9,744 shares of the financial services provider’s stock valued at $129,000 after acquiring an additional 2,800 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its position in shares of Santander Consumer USA Holdings by 19.1% during the 1st quarter. Pacer Advisors Inc. now owns 18,380 shares of the financial services provider’s stock valued at $245,000 after acquiring an additional 2,942 shares during the last quarter. Hedge funds and other institutional investors own 91.71% of the company’s stock.

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A number of brokerages have recently issued reports on SC. Jefferies Group LLC reiterated a “buy” rating and set a $18.00 price target on shares of Santander Consumer USA Holdings in a research report on Friday, June 30th. JMP Securities upgraded Santander Consumer USA Holdings from a “market perform” rating to an “outperform” rating and set a $16.00 target price for the company in a research report on Tuesday, July 18th. UBS AG restated a “buy” rating and issued a $15.00 target price (down previously from $15.50) on shares of Santander Consumer USA Holdings in a research report on Wednesday, August 2nd. BMO Capital Markets dropped their target price on Santander Consumer USA Holdings from $15.00 to $14.00 and set an “outperform” rating for the company in a research report on Monday, July 31st. Finally, Susquehanna Bancshares Inc upgraded Santander Consumer USA Holdings from a “neutral” rating to a “positive” rating in a research report on Tuesday, September 5th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $14.92.

Shares of Santander Consumer USA Holdings Inc. (NYSE:SC) opened at 14.26 on Tuesday. Santander Consumer USA Holdings Inc. has a 12 month low of $10.57 and a 12 month high of $15.47. The company has a market cap of $5.13 billion, a P/E ratio of 7.54 and a beta of 1.27. The firm has a 50-day moving average price of $13.39 and a 200 day moving average price of $12.91.

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 for the quarter, beating the consensus estimate of $0.62 by $0.08. The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Santander Consumer USA Holdings had a return on equity of 12.47% and a net margin of 10.40%. The firm’s revenue for the quarter was down 5.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.79 EPS. Equities analysts predict that Santander Consumer USA Holdings Inc. will post $1.74 earnings per share for the current year.

In related news, CFO Ismail Dawood acquired 5,000 shares of the stock in a transaction dated Thursday, June 29th. The stock was acquired at an average cost of $12.94 per share, with a total value of $64,700.00. Following the purchase, the chief financial officer now directly owns 127,609 shares of the company’s stock, valued at $1,651,260.46. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.36% of the stock is owned by company insiders.

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.

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

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