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04-Feb-2018
23,454 Shares in Santander Consumer USA Holdings Inc (SC) Acquired by Acadian Asset
Management LLC
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Acadian Asset Management LLC acquired a new stake in shares of Santander Consumer
USA Holdings Inc (NYSE:SC) during the 4th quarter, according to its most recent 13F filing
with the SEC. The firm acquired 23,454 shares of the financial services provider’s stock,
valued at approximately $437,000.
Other hedge funds have also recently made changes to their positions in the company. The
Manufacturers Life Insurance Company increased its holdings in Santander Consumer USA
by 7.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 10,577
shares of the financial services provider’s stock valued at $135,000 after acquiring an
additional 717 shares during the last quarter. Crow Point Partners LLC increased its
holdings in Santander Consumer USA by 59.8% in the 4th quarter. Crow Point Partners LLC
now owns 9,348 shares of the financial services provider’s stock valued at $174,000 after
acquiring an additional 3,500 shares during the last quarter. Numeric Investors LLC bought
a new stake in Santander Consumer USA in the 2nd quarter valued at $189,000. OxFORD
Asset Management LLP bought a new stake in Santander Consumer USA in the 3rd quarter
valued at $190,000. Finally, Convergence Investment Partners LLC bought a new stake in
Santander Consumer USA in the 3rd quarter valued at $200,000. Hedge funds and other
institutional investors own 91.90% of the company’s stock. A number of brokerages have
issued reports on SC. Zacks Investment Research downgraded shares of Santander
Consumer USA from a “buy” rating to a “hold” rating in a report on Friday. Piper Jaffray
Companies reiterated a “buy” rating and issued a $25.00 price target on shares of
Santander Consumer USA in a report on Thursday. Morgan Stanley lifted their price target
on shares of Santander Consumer USA from $18.00 to $19.50 and gave the company an
“equal weight” rating in a report on Thursday. Citigroup began coverage on shares of
Santander Consumer USA in a report on Tuesday, October 17th. They issued a “neutral”
rating and a $16.00 price target on the stock. Finally, Jefferies Group lifted their price target
on shares of Santander Consumer USA from $18.00 to $20.00 and gave the company a
“buy” rating in a report on Monday, October 30th. One research analyst has rated the stock
with a sell rating, six have issued a hold rating, eleven have given a buy rating and one has
given a strong buy rating to the stock. The company currently has an average rating of “Buy”
and a consensus price target of $18.90. Santander Consumer USA Holdings Inc (NYSE SC)
opened at $16.89 on Friday. Santander Consumer USA Holdings Inc has a 52 week low of
$11.12 and a 52 week high of $19.02. The company has a market cap of $6,277.47, a priceto-earnings
ratio of 5.12, a price-to-earnings-growth ratio of 4.14 and a beta of 1.16.
Santander Consumer USA (NYSE:SC) last issued its quarterly earnings data on
Wednesday, January 31st. The financial services provider reported $0.27 EPS for the
quarter, missing analysts’ consensus estimates of $0.30 by ($0.03). Santander Consumer
USA had a return on equity of 11.78% and a net margin of 18.09%. The business had
revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.58
billion. During the same period in the previous year, the business earned $0.17 earnings per
share. analysts anticipate that Santander Consumer USA Holdings Inc will post 2.11 EPS
for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday,
February 22nd. Shareholders 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. This represents a $0.20 dividend on an annualized basis and a dividend yield of
1.18%. The ex-dividend date is Friday, February 9th. Santander Consumer USA’s dividend
payout ratio (DPR) is presently 3.64%.
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Santander Consumer USA Company 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. Visit HoldingsChannel.com to get the latest 13F filings
and insider trades for Santander Consumer USA Holdings Inc (NYSE