Credit Agricole S A Cuts Position in Santander Consumer USA Holdings Inc (SC)

Credit Agricole S A cut its stake in shares of Santander Consumer USA Holdings Inc (NYSE:SC) by 61.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,000 shares of the financial services provider’s stock after selling 15,888 shares during the period. Credit Agricole S A’s holdings in Santander Consumer USA Holdings were worth $135,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. Sei Investments Co. increased its stake in Santander Consumer USA Holdings by 40.3% in the third quarter. Sei Investments Co. now owns 9,074 shares of the financial services provider’s stock valued at $111,000 after buying an additional 2,608 shares during the last quarter. First Quadrant L P CA increased its stake in Santander Consumer USA Holdings by 1,367.4% in the third quarter. First Quadrant L P CA now owns 10,008 shares of the financial services provider’s stock valued at $122,000 after buying an additional 9,326 shares during the last quarter. Meeder Asset Management Inc. acquired a new stake in Santander Consumer USA Holdings during the third quarter valued at approximately $157,000. CIBC Asset Management Inc increased its stake in Santander Consumer USA Holdings by 9.0% in the third quarter. CIBC Asset Management Inc now owns 17,334 shares of the financial services provider’s stock valued at $211,000 after buying an additional 1,434 shares during the last quarter. Finally, Creative Planning increased its stake in Santander Consumer USA Holdings by 27,163.5% in the third quarter. Creative Planning now owns 20,175 shares of the financial services provider’s stock valued at $245,000 after buying an additional 20,101 shares during the last quarter. 33.21% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Santander Consumer USA Holdings Inc (NYSE:SC) traded down 2.30% during trading on Friday, hitting $12.75. 2,085,467 shares of the stock were exchanged. The firm has a 50 day moving average of $13.31 and a 200-day moving average of $13.43. Santander Consumer USA Holdings Inc has a 52-week low of $9.48 and a 52-week high of $15.47. The stock has a market cap of $4.58 billion, a PE ratio of 5.99 and a beta of 1.22.

Santander Consumer USA Holdings (NYSE:SC) last announced its quarterly earnings data on Wednesday, January 25th. The financial services provider reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.13. The company earned $1.22 billion during the quarter, compared to analysts’ expectations of $1.61 billion. Santander Consumer USA Holdings had a net margin of 11.52% and a return on equity of 15.85%. The business’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.19 EPS. Equities research analysts anticipate that Santander Consumer USA Holdings Inc will post $2.03 earnings per share for the current fiscal year.

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Several research firms have recently commented on SC. Susquehanna Bancshares Inc began coverage on shares of Santander Consumer USA Holdings in a research report on Monday, January 23rd. They set a “neutral” rating and a $14.00 target price for the company. Barclays PLC set a $15.00 price target on shares of Santander Consumer USA Holdings and gave the stock a “hold” rating in a report on Sunday, January 8th. Jefferies Group LLC restated a “buy” rating and set a $18.00 price target (up from $15.00) on shares of Santander Consumer USA Holdings in a report on Friday, February 24th. TheStreet upgraded shares of Santander Consumer USA Holdings from an “e+” rating to a “c-” rating in a report on Monday, January 23rd. Finally, Citigroup Inc cut shares of Santander Consumer USA Holdings from a “buy” rating to a “neutral” rating in a report on Thursday, January 12th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and one has given a buy rating to the company. Santander Consumer USA Holdings presently has a consensus rating of “Hold” and a consensus price target of $14.42.

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.

5 Day Chart for NYSE:SC

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