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05-Feb-2018
Santander Consumer USA Sees Unusually Large Options Volume (SC)
Stock Observer.com
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Santander Consumer USA Holdings Inc (NYSE:SC) saw unusually large options trading
activity on Wednesday. Stock investors purchased 10,794 call options on the stock. This is
an increase of 1,429% compared to the average volume of 706 call options.
Shares of Santander Consumer USA (NYSE SC) opened at $16.89 on Monday. The firm
has a market cap of $6,080.00, a PE ratio of 5.12, a PEG ratio of 4.01 and a beta of 1.15.
Santander Consumer USA has a fifty-two week low of $11.12 and a fifty-two week high of
$19.02. Santander Consumer USA (NYSE:SC) last announced its quarterly earnings data
on Wednesday, January 31st. The financial services provider reported $0.27 EPS for the
quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.03). Santander
Consumer USA had a net margin of 18.09% and a return on equity of 11.78%. The
company had revenue of $1.62 billion during the quarter, compared to analyst estimates of
$1.58 billion. During the same quarter last year, the business earned $0.17 EPS. analysts
predict that Santander Consumer USA will post 2.03 earnings per share for the current fiscal
year. The business also recently disclosed a quarterly dividend, which will be paid on
Thursday, February 22nd. Investors of record on Monday, February 12th will be paid a
$0.05 dividend. This is a boost from Santander Consumer USA’s previous quarterly
dividend of $0.03. The ex-dividend date is Friday, February 9th. This represents a $0.20
annualized dividend and a dividend yield of 1.18%. Santander Consumer USA’s dividend
payout ratio (DPR) is 3.64%.
Several research analysts have issued reports on SC shares. Citigroup raised their price
objective on shares of Santander Consumer USA from $16.00 to $17.00 and gave the stock
a “neutral” rating in a research report on Monday, October 30th. Zacks Investment Research
raised shares of Santander Consumer USA from a “hold” rating to a “buy” rating and set a
$21.00 target price on the stock in a report on Tuesday, January 23rd. Oppenheimer started
coverage on shares of Santander Consumer USA in a report on Monday, January 8th. They
issued a “hold” rating on the stock. Piper Jaffray Companies reaffirmed a “buy” rating and
issued a $25.00 target price on shares of Santander Consumer USA in a report on
Thursday. Finally, JPMorgan Chase & Co. raised shares of Santander Consumer USA from
a “neutral” rating to an “overweight” rating and lowered their target price for the company
from $20.50 to $16.00 in a report on Friday, January 12th. One investment analyst has rated
the stock with a sell rating, six have assigned a hold rating, eleven have given a buy rating
and one has given a strong buy rating to the stock. The company currently has a consensus
rating of “Buy” and an average target price of $18.90.
Hedge funds and other institutional investors have recently made changes to their positions
in the stock. The Manufacturers Life Insurance Company lifted its stake in shares of
Santander Consumer USA by 7.3% in the second quarter. The Manufacturers Life
Insurance Company now owns 10,577 shares of the financial services provider’s stock
valued at $135,000 after purchasing an additional 717 shares during the period. State of
Alaska Department of Revenue acquired a new stake in shares of Santander Consumer
USA in the fourth quarter valued at about $161,000. Crow Point Partners LLC lifted its stake
in shares of Santander Consumer USA by 59.8% in the fourth quarter. Crow Point Partners
LLC now owns 9,348 shares of the financial services provider’s stock valued at $174,000
after purchasing an additional 3,500 shares during the period. Numeric Investors LLC
acquired a new stake in shares of Santander Consumer USA in the second quarter valued
at about $189,000. Finally, OxFORD Asset Management LLP acquired a new stake in
shares of Santander Consumer USA in the third quarter valued at about $190,000. Hedge
funds and other institutional investors own 91.90% of the company’s stock. WARNING: “”
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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.