Syntal Capital Partners LLC Invests $1.52 Million in Santander Consumer USA Holdings Inc. (NYSE:SC)

Syntal Capital Partners LLC purchased a new position in Santander Consumer USA Holdings Inc. (NYSE:SC) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 41,879 shares of the financial services provider’s stock, valued at approximately $1,521,000.

A number of other large investors have also modified their holdings of the business. Price T Rowe Associates Inc. MD raised its position in Santander Consumer USA by 0.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 43,498 shares of the financial services provider’s stock worth $1,177,000 after buying an additional 406 shares during the last quarter. Exchange Traded Concepts LLC bought a new stake in shares of Santander Consumer USA during the 2nd quarter valued at about $29,000. Harvest Fund Management Co. Ltd grew its stake in shares of Santander Consumer USA by 144.4% during the 2nd quarter. Harvest Fund Management Co. Ltd now owns 1,474 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 871 shares during the period. Aigen Investment Management LP grew its stake in shares of Santander Consumer USA by 4.9% during the 1st quarter. Aigen Investment Management LP now owns 19,429 shares of the financial services provider’s stock valued at $526,000 after purchasing an additional 907 shares during the period. Finally, Barclays PLC grew its stake in shares of Santander Consumer USA by 1.3% during the 1st quarter. Barclays PLC now owns 73,358 shares of the financial services provider’s stock valued at $1,985,000 after purchasing an additional 935 shares during the period. 99.56% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have issued reports on the company. Credit Suisse Group downgraded Santander Consumer USA from an “outperform” rating to a “neutral” rating and cut their price target for the company from $42.00 to $41.50 in a research note on Tuesday, August 24th. Jefferies Financial Group downgraded Santander Consumer USA from a “buy” rating to a “hold” rating and set a $43.00 price target for the company. in a research note on Wednesday, July 7th. Morgan Stanley boosted their price target on Santander Consumer USA from $39.00 to $41.50 and gave the company an “equal weight” rating in a research note on Friday, September 3rd. Stephens boosted their price target on Santander Consumer USA from $40.00 to $41.00 and gave the company an “equal weight” rating in a research note on Thursday, July 29th. Finally, Compass Point downgraded Santander Consumer USA from a “buy” rating to a “neutral” rating and boosted their price target for the company from $35.00 to $39.00 in a research note on Friday, July 2nd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $37.65.

SC stock remained flat at $$41.52 during midday trading on Monday. The company’s stock had a trading volume of 28,528 shares, compared to its average volume of 1,027,446. Santander Consumer USA Holdings Inc. has a 1-year low of $16.19 and a 1-year high of $42.39. The company has a debt-to-equity ratio of 5.28, a current ratio of 45.46 and a quick ratio of 45.46. The company has a market capitalization of $12.71 billion, a price-to-earnings ratio of 4.54, a price-to-earnings-growth ratio of 0.25 and a beta of 1.11. The business has a 50 day moving average price of $41.34 and a 200 day moving average price of $36.67.

Santander Consumer USA (NYSE:SC) last posted its quarterly earnings results on Wednesday, July 28th. The financial services provider reported $3.45 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.92 by $1.53. Santander Consumer USA had a return on equity of 46.51% and a net margin of 34.85%. The business had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.99 billion. On average, analysts expect that Santander Consumer USA Holdings Inc. will post 8.54 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 19th. Shareholders of record on Monday, August 9th were paid a $0.22 dividend. The ex-dividend date of this dividend was Friday, August 6th. This represents a $0.88 annualized dividend and a yield of 2.12%. Santander Consumer USA’s payout ratio is 30.66%.

Santander Consumer USA Company Profile

Santander Consumer USA Holdings, Inc engages in the provision of consumer financing services. It offers retail installment contracts, vehicle leases, dealer loans, financial products, and services related to motorcycles, motor car, and marine vehicles. The company was founded in July 2013 and is headquartered in Dallas, TX.

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

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