Quinn Opportunity Partners LLC Maintains Holdings in Santander Consumer USA Holdings Inc. (NYSE:SC)

Quinn Opportunity Partners LLC maintained its stake in Santander Consumer USA Holdings Inc. (NYSE:SC) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,000 shares of the financial services provider’s stock at the close of the second quarter. Quinn Opportunity Partners LLC’s holdings in Santander Consumer USA Holdings were worth $179,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Sei Investments Co. increased its position in shares of Santander Consumer USA Holdings by 6.1% in the second quarter. Sei Investments Co. now owns 9,622 shares of the financial services provider’s stock worth $123,000 after purchasing an additional 555 shares during the last quarter. Meeder Asset Management Inc. boosted its stake in Santander Consumer USA Holdings by 40.3% in the first quarter. Meeder Asset Management Inc. now owns 9,744 shares of the financial services provider’s stock worth $129,000 after buying an additional 2,800 shares in the last quarter. TD Asset Management Inc. purchased a new stake in Santander Consumer USA Holdings in the second quarter worth approximately $133,000. Federated Investors Inc. PA boosted its stake in Santander Consumer USA Holdings by 134.9% in the second quarter. Federated Investors Inc. PA now owns 11,605 shares of the financial services provider’s stock worth $148,000 after buying an additional 6,665 shares in the last quarter. Finally, Amalgamated Bank boosted its stake in Santander Consumer USA Holdings by 3.4% in the first quarter. Amalgamated Bank now owns 15,158 shares of the financial services provider’s stock worth $202,000 after buying an additional 496 shares in the last quarter. 91.71% of the stock is currently owned by institutional investors.

In other Santander Consumer USA Holdings news, CFO Ismail Dawood purchased 5,000 shares of the business’s stock in a transaction on Thursday, June 29th. The stock was bought at an average cost of $12.94 per share, for a total transaction of $64,700.00. Following the acquisition, the chief financial officer now owns 127,609 shares of the company’s stock, valued at approximately $1,651,260.46. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.36% of the stock is currently owned by corporate insiders.

SC has been the subject of a number of analyst reports. Zacks Investment Research lowered Santander Consumer USA Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. Jefferies Group LLC restated a “buy” rating and set a $18.00 target price on shares of Santander Consumer USA Holdings in a report on Friday, August 25th. Piper Jaffray Companies upgraded Santander Consumer USA Holdings from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $14.00 to $17.00 in a report on Wednesday, August 30th. BidaskClub upgraded Santander Consumer USA Holdings from a “strong sell” rating to a “sell” rating in a report on Thursday, June 29th. Finally, JMP Securities upgraded Santander Consumer USA Holdings from a “market perform” rating to an “outperform” rating and set a $16.00 price target for the company in a report on Tuesday, July 18th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $15.26.

Shares of Santander Consumer USA Holdings Inc. (NYSE:SC) traded up 0.035% during trading on Friday, hitting $14.105. The stock had a trading volume of 269,713 shares. The firm has a market cap of $5.07 billion, a price-to-earnings ratio of 7.463 and a beta of 1.27. Santander Consumer USA Holdings Inc. has a 52-week low of $10.57 and a 52-week high of $15.47. The firm’s 50-day moving average is $13.48 and its 200 day moving average is $12.94.

Santander Consumer USA Holdings (NYSE:SC) last announced its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.70 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.08. Santander Consumer USA Holdings had a return on equity of 12.47% and a net margin of 10.40%. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the company earned $0.79 EPS. The company’s quarterly revenue was down 5.6% on a year-over-year basis. On average, analysts expect that Santander Consumer USA Holdings Inc. will post $1.74 EPS for the current year.

TRADEMARK VIOLATION WARNING: This report was originally published by BBNS and is owned by of BBNS. If you are reading this report on another site, it was illegally stolen and republished in violation of United States and international copyright laws. The original version of this report can be read at https://baseballnewssource.com/markets/santander-consumer-usa-holdings-inc-sc-stake-maintained-by-quinn-opportunity-partners-llc/1601968.html.

Santander Consumer USA Holdings Profile

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.

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

Receive News & Ratings for Santander Consumer USA Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Santander Consumer USA Holdings Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster


Leave a Reply

 
© 2006-2017 BBNS.