Santander Consumer USA Holdings Inc (SC) Shares Bought by KAMES CAPITAL plc

KAMES CAPITAL plc boosted its position in Santander Consumer USA Holdings Inc (NYSE:SC) by 6.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,656 shares of the financial services provider’s stock after buying an additional 4,969 shares during the period. KAMES CAPITAL plc’s holdings in Santander Consumer USA were worth $1,594,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Canyon Capital Advisors LLC boosted its stake in Santander Consumer USA by 92.0% during the 2nd quarter. Canyon Capital Advisors LLC now owns 6,190,000 shares of the financial services provider’s stock valued at $118,167,000 after purchasing an additional 2,966,681 shares during the last quarter. FMR LLC boosted its stake in Santander Consumer USA by 6.6% during the 2nd quarter. FMR LLC now owns 11,106,103 shares of the financial services provider’s stock valued at $212,015,000 after purchasing an additional 685,963 shares during the last quarter. Chicago Equity Partners LLC acquired a new position in Santander Consumer USA during the 2nd quarter valued at about $9,353,000. Russell Investments Group Ltd. boosted its stake in Santander Consumer USA by 126.9% during the 1st quarter. Russell Investments Group Ltd. now owns 687,624 shares of the financial services provider’s stock valued at $11,205,000 after purchasing an additional 384,526 shares during the last quarter. Finally, Capital Fund Management S.A. boosted its stake in Santander Consumer USA by 1,162.0% during the 2nd quarter. Capital Fund Management S.A. now owns 305,342 shares of the financial services provider’s stock valued at $5,829,000 after purchasing an additional 281,147 shares during the last quarter.

In related news, insider Lisa Vanroekel sold 8,819 shares of the company’s stock in a transaction that occurred on Monday, July 30th. The stock was sold at an average price of $19.61, for a total value of $172,940.59. Following the transaction, the insider now owns 25,640 shares in the company, valued at $502,800.40. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.09% of the stock is owned by insiders.

Shares of NYSE SC opened at $18.94 on Friday. Santander Consumer USA Holdings Inc has a twelve month low of $14.75 and a twelve month high of $21.81. The company has a market capitalization of $7.25 billion, a PE ratio of 10.89, a price-to-earnings-growth ratio of 0.97 and a beta of 1.12.

Santander Consumer USA (NYSE:SC) last announced its earnings results on Wednesday, July 25th. The financial services provider reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.18. Santander Consumer USA had a return on equity of 13.00% and a net margin of 20.57%. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter in the previous year, the business earned $0.74 EPS. As a group, research analysts forecast that Santander Consumer USA Holdings Inc will post 2.58 earnings per share for the current fiscal year.

SC has been the subject of a number of analyst reports. Zacks Investment Research downgraded Santander Consumer USA from a “buy” rating to a “hold” rating in a research note on Thursday, September 27th. Morgan Stanley lifted their price target on Santander Consumer USA from $21.00 to $23.00 and gave the company an “equal weight” rating in a research note on Thursday, July 26th. Stephens set a $24.00 price target on Santander Consumer USA and gave the company a “hold” rating in a research note on Wednesday, July 25th. Barclays lifted their price target on Santander Consumer USA from $19.00 to $20.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 11th. Finally, UBS Group boosted their target price on Santander Consumer USA from $21.00 to $24.00 and gave the stock a “buy” rating in a research note on Thursday, July 26th. Nine analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Santander Consumer USA currently has an average rating of “Buy” and an average target price of $22.25.

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.

See Also: Earnings Per Share

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

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