State Board of Administration of Florida Retirement System Has $939,000 Position in Santander Consumer USA Holdings Inc (SC)

State Board of Administration of Florida Retirement System held its position in Santander Consumer USA Holdings Inc (NYSE:SC) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 69,521 shares of the company’s stock at the end of the fourth quarter. State Board of Administration of Florida Retirement System’s holdings in Santander Consumer USA Holdings were worth $939,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Canyon Capital Advisors LLC increased its position in Santander Consumer USA Holdings by 20.0% in the third quarter. Canyon Capital Advisors LLC now owns 2,696,491 shares of the company’s stock worth $32,789,000 after buying an additional 449,315 shares in the last quarter. Highbridge Capital Management LLC acquired a new position in Santander Consumer USA Holdings during the third quarter worth $4,644,000. Teachers Advisors LLC increased its position in Santander Consumer USA Holdings by 354.7% in the third quarter. Teachers Advisors LLC now owns 464,470 shares of the company’s stock worth $5,648,000 after buying an additional 362,321 shares in the last quarter. Denali Advisors LLC increased its position in Santander Consumer USA Holdings by 158.1% in the third quarter. Denali Advisors LLC now owns 581,000 shares of the company’s stock worth $7,065,000 after buying an additional 355,900 shares in the last quarter. Finally, UBS Group AG increased its position in Santander Consumer USA Holdings by 78.9% in the third quarter. UBS Group AG now owns 713,948 shares of the company’s stock worth $8,681,000 after buying an additional 314,792 shares in the last quarter. Institutional investors and hedge funds own 33.21% of the company’s stock.

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

Santander Consumer USA Holdings Inc (NYSE:SC) opened at 12.96 on Friday. Santander Consumer USA Holdings Inc has a one year low of $8.61 and a one year high of $15.47. The company has a market cap of $4.65 billion, a P/E ratio of 6.08 and a beta of 1.22. The company has a 50-day moving average of $14.22 and a 200 day moving average of $13.30.

Santander Consumer USA Holdings (NYSE:SC) last released its quarterly earnings results on Wednesday, January 25th. The company reported $0.17 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.13. The company earned $1.22 billion during the quarter, compared to analyst estimates of $1.61 billion. Santander Consumer USA Holdings had a net margin of 11.52% and a return on equity of 15.85%. The firm’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.19 EPS. Equities research analysts predict that Santander Consumer USA Holdings Inc will post $2.03 EPS for the current year.

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A number of research analysts have recently weighed in on SC shares. Zacks Investment Research downgraded shares of Santander Consumer USA Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, January 11th. Citigroup Inc downgraded shares of Santander Consumer USA Holdings from a “buy” rating to a “neutral” rating in a report on Thursday, January 12th. Susquehanna Bancshares Inc started coverage on shares of Santander Consumer USA Holdings in a report on Monday, January 23rd. They set a “neutral” rating and a $14.00 price target on the stock. TheStreet upgraded shares of Santander Consumer USA Holdings from an “e+” rating to a “c-” rating in a report on Monday, January 23rd. Finally, Jefferies Group LLC restated a “buy” rating and set a $18.00 price target (up previously from $15.00) on shares of Santander Consumer USA Holdings in a report on Friday, February 24th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $15.66.

Santander Consumer USA Holdings 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’s segment, Consumer Finance, includes its 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.

5 Day Chart for NYSE:SC

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