Denali Advisors LLC cut its holdings in shares of Santander Consumer USA Holdings Inc (NYSE:SC) by 10.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 399,300 shares of the financial services provider’s stock after selling 44,500 shares during the period. Santander Consumer USA comprises approximately 1.4% of Denali Advisors LLC’s portfolio, making the stock its 24th largest position. Denali Advisors LLC owned 0.12% of Santander Consumer USA worth $10,186,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Jacobs Asset Management LLC boosted its position in Santander Consumer USA by 8.9% during the 2nd quarter. Jacobs Asset Management LLC now owns 531,455 shares of the financial services provider’s stock worth $12,734,000 after buying an additional 43,352 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in shares of Santander Consumer USA by 51.5% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 233,297 shares of the financial services provider’s stock valued at $5,589,000 after acquiring an additional 79,296 shares during the period. TCW Group Inc. lifted its position in shares of Santander Consumer USA by 10.7% during the 1st quarter. TCW Group Inc. now owns 125,372 shares of the financial services provider’s stock valued at $2,649,000 after acquiring an additional 12,085 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Santander Consumer USA during the 2nd quarter valued at $53,000. Finally, Janus Henderson Group PLC lifted its position in shares of Santander Consumer USA by 50.7% during the 2nd quarter. Janus Henderson Group PLC now owns 74,264 shares of the financial services provider’s stock valued at $1,779,000 after acquiring an additional 24,996 shares during the period.

In other Santander Consumer USA news, insider Christopher Keith Pfirrman sold 30,000 shares of the business’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $27.41, for a total transaction of $822,300.00. Following the completion of the sale, the insider now owns 46,361 shares in the company, valued at approximately $1,270,755.01. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.13% of the company’s stock.

SC stock traded up $0.30 during midday trading on Wednesday, reaching $24.70. 891,121 shares of the company’s stock traded hands, compared to its average volume of 1,229,493. The company has a market cap of $8.44 billion, a price-to-earnings ratio of 9.72, a P/E/G ratio of 0.75 and a beta of 1.03. The firm’s fifty day moving average price is $25.89 and its 200-day moving average price is $24.05. Santander Consumer USA Holdings Inc has a 52 week low of $16.10 and a 52 week high of $27.75.

Santander Consumer USA (NYSE:SC) last announced its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $1.05 EPS for the quarter, beating the Zacks’ consensus estimate of $0.90 by $0.15. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. Santander Consumer USA had a net margin of 12.60% and a return on equity of 13.29%. Santander Consumer USA’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.92 EPS. On average, equities research analysts anticipate that Santander Consumer USA Holdings Inc will post 2.81 earnings per share for the current year.

A number of research firms recently issued reports on SC. Buckingham Research set a $25.00 target price on shares of Santander Consumer USA and gave the company a “hold” rating in a research report on Monday, July 1st. BTIG Research downgraded shares of Santander Consumer USA from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 24th. They noted that the move was a valuation call. ValuEngine lowered shares of Santander Consumer USA from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. Zacks Investment Research lowered shares of Santander Consumer USA from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Janney Montgomery Scott restated a “neutral” rating on shares of Santander Consumer USA in a research note on Wednesday, July 17th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company. Santander Consumer USA has an average rating of “Hold” and an average target price of $25.13.

About Santander Consumer USA

Santander Consumer USA Holdings Inc, a specialized consumer finance company, provides vehicle finance and third-party servicing in the United States. Its products and services include retail installment contracts and vehicle leases, as well as dealer loans for inventory, construction, real estate, working capital, and revolving lines of credit.

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

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