Santander Consumer USA Holdings Inc (SC) Stake Increased by Crow Point Partners LLC

Crow Point Partners LLC grew its holdings in Santander Consumer USA Holdings Inc (NYSE:SC) by 59.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,348 shares of the financial services provider’s stock after buying an additional 3,500 shares during the period. Crow Point Partners LLC’s holdings in Santander Consumer USA were worth $174,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SC. Vanguard Group Inc. lifted its holdings in Santander Consumer USA by 4.7% during the 2nd quarter. Vanguard Group Inc. now owns 9,032,559 shares of the financial services provider’s stock worth $115,256,000 after purchasing an additional 403,894 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Santander Consumer USA by 9.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 880,796 shares of the financial services provider’s stock worth $11,239,000 after purchasing an additional 78,807 shares during the last quarter. State Street Corp lifted its holdings in Santander Consumer USA by 16.4% during the 2nd quarter. State Street Corp now owns 1,563,544 shares of the financial services provider’s stock worth $19,951,000 after purchasing an additional 220,319 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in Santander Consumer USA by 20.4% during the 2nd quarter. Wells Fargo & Company MN now owns 1,833,205 shares of the financial services provider’s stock worth $23,392,000 after purchasing an additional 310,796 shares during the last quarter. Finally, Riverhead Capital Management LLC lifted its holdings in Santander Consumer USA by 168.5% during the 2nd quarter. Riverhead Capital Management LLC now owns 148,683 shares of the financial services provider’s stock worth $1,897,000 after purchasing an additional 93,310 shares during the last quarter. 91.44% of the stock is owned by institutional investors.

Santander Consumer USA Holdings Inc (NYSE:SC) opened at $18.35 on Thursday. Santander Consumer USA Holdings Inc has a 52 week low of $11.12 and a 52 week high of $18.89. The company has a market capitalization of $6,610.00, a price-to-earnings ratio of 9.87 and a beta of 1.32.

Santander Consumer USA (NYSE:SC) last issued its quarterly earnings results on Friday, October 27th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.13. Santander Consumer USA had a return on equity of 11.33% and a net margin of 10.17%. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same quarter last year, the company posted $0.56 EPS. The company’s revenue for the quarter was down 4.9% compared to the same quarter last year. equities analysts forecast that Santander Consumer USA Holdings Inc will post 1.89 earnings per share for the current year.

Several analysts recently weighed in on SC shares. BMO Capital Markets lifted their price target on Santander Consumer USA from $14.00 to $18.00 and gave the stock an “outperform” rating in a report on Wednesday, September 13th. Zacks Investment Research raised Santander Consumer USA from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a report on Tuesday, October 3rd. Sandler O’Neill reissued a “buy” rating and set a $18.00 price target (up from $16.00) on shares of Santander Consumer USA in a report on Wednesday, October 4th. Citigroup started coverage on Santander Consumer USA in a report on Tuesday, October 17th. They set a “neutral” rating and a $16.00 price target for the company. Finally, JPMorgan Chase & Co. lifted their price target on Santander Consumer USA from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Monday, October 30th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $17.87.

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About Santander Consumer USA

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 (NYSE:SC)

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