Utah Retirement Systems raised its holdings in shares of Santander Consumer USA Holdings Inc. (NYSE:SC) by 40.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,000 shares of the financial services provider’s stock after acquiring an additional 7,800 shares during the quarter. Utah Retirement Systems’ holdings in Santander Consumer USA Holdings were worth $344,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Amalgamated Bank grew its stake in 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 in the last quarter. Sei Investments Co. lifted its holdings in shares of Santander Consumer USA Holdings by 6.1% during the 2nd quarter. Sei Investments Co. now owns 9,622 shares of the financial services provider’s stock valued at $123,000 after buying an additional 555 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings 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 buying an additional 738 shares during the last quarter. Gotham Asset Management LLC lifted its holdings 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 buying an additional 1,603 shares during the last quarter. Finally, Prudential Financial Inc. lifted its holdings in shares of Santander Consumer USA Holdings by 2.2% during the 2nd quarter. Prudential Financial Inc. now owns 89,747 shares of the financial services provider’s stock valued at $1,145,000 after buying an additional 1,900 shares during the last quarter. 91.71% of the stock is currently owned by institutional investors.

Shares of Santander Consumer USA Holdings Inc. (NYSE:SC) opened at 14.23 on Friday. The company has a 50-day moving average price of $13.50 and a 200 day moving average price of $12.93. The firm has a market capitalization of $5.12 billion, a price-to-earnings ratio of 7.53 and a beta of 1.27. Santander Consumer USA Holdings Inc. has a 12-month low of $10.57 and a 12-month high of $15.47.

Santander Consumer USA Holdings (NYSE:SC) last posted its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.08. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.07 billion. Santander Consumer USA Holdings had a return on equity of 12.47% and a net margin of 10.40%. Santander Consumer USA Holdings’s quarterly revenue was down 5.6% on a year-over-year basis. During the same period last year, the company earned $0.79 earnings per share. Equities research analysts expect that Santander Consumer USA Holdings Inc. will post $1.74 earnings per share for the current fiscal year.

Several equities research analysts have recently issued reports on SC shares. Jefferies Group LLC reiterated a “buy” rating and set a $18.00 price target on shares of Santander Consumer USA Holdings in a report on Friday, August 25th. ValuEngine upgraded Santander Consumer USA Holdings from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Zacks Investment Research lowered Santander Consumer USA Holdings from a “hold” rating to a “strong sell” rating in a report on Thursday, August 3rd. Stephens reiterated an “equal weight” rating and set a $14.00 price target on shares of Santander Consumer USA Holdings in a report on Friday, August 25th. Finally, Susquehanna Bancshares Inc upgraded Santander Consumer USA Holdings from a “neutral” rating to a “positive” rating in a report on Tuesday, September 5th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $15.26.

In other news, CFO Ismail Dawood acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 29th. The stock was acquired at an average cost 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 in the company, valued at $1,651,260.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.36% of the stock is currently owned by company insiders.

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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 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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