Home / Business / Santander Consumer USA Holdings Inc (SC) Posts Earnings Results, Beats Expectations By $0.04 EPS

Santander Consumer USA Holdings Inc (SC) Posts Earnings Results, Beats Expectations By $0.04 EPS

Santander Consumer USA Holdings Inc (NYSE:SC) released a gain formula on Wednesday. The financial services provider reported $0.40 EPS for a quarter, commanding analysts’ accord estimates of $0.36 by $0.04. The organisation had income of $1.63 billion during a quarter, compared to a accord guess of $1.59 billion. Santander Consumer USA Holdings had a net domain of 11.52% and a lapse on equity of 15.85%. During a same entertain in a prior year, a organisation posted $0.59 gain per share.

Santander Consumer USA Holdings (NYSE:SC) traded adult 1.02% on Friday, reaching $11.84. 1,507,977 shares of a association traded hands. Santander Consumer USA Holdings has a 12 month low of $9.49 and a 12 month high of $15.47. The association has a marketplace capitalization of $4.26 billion, a P/E ratio of 6.07 and a beta of 1.22. The association has a 50-day relocating normal cost of $12.35 and a 200-day relocating normal cost of $13.41.

In other Santander Consumer USA Holdings news, COO Richard Morrin sole 9,791 shares of a batch in a transaction antiquated Tuesday, May 9th. The shares were sole during an normal cost of $12.52, for a sum transaction of $122,583.32. Following a sale, a arch handling officer now owns 80,663 shares of a company’s stock, valued during approximately $1,009,900.76. The sale was disclosed in a authorised filing with a SEC, that can be accessed by this hyperlink. Also, CFO Ismail Dawood bought 5,000 shares of Santander Consumer USA Holdings batch in a transaction antiquated Tuesday, May 16th. The batch was acquired during an normal cost of $12.29 per share, for a sum transaction of $61,450.00. Following a purchase, a arch financial officer now directly owns 117,609 shares in a company, valued during approximately $1,445,414.61. The avowal for this squeeze can be found here. 11.56% of a batch is owned by corporate insiders.

Hedge supports and other institutional investors have recently mutated their land of a stock. Pacad Investment Ltd. purchased a new interest in shares of Santander Consumer USA Holdings during a fourth entertain value $115,000. Sei Investments Co. increasing a interest in shares of Santander Consumer USA Holdings by 40.3% in a third quarter. Sei Investments Co. now owns 9,074 shares of a financial services provider’s batch value $111,000 after shopping an additional 2,608 shares in a final quarter. Meeder Asset Management Inc. increasing a interest in shares of Santander Consumer USA Holdings by 40.3% in a initial quarter. Meeder Asset Management Inc. now owns 9,744 shares of a financial services provider’s batch value $129,000 after shopping an additional 2,800 shares in a final quarter. First Quadrant L P CA increasing a interest in shares of Santander Consumer USA Holdings by 1,367.4% in a third quarter. First Quadrant L P CA now owns 10,008 shares of a financial services provider’s batch value $122,000 after shopping an additional 9,326 shares in a final quarter. Finally, Amalgamated Bank increasing a interest in shares of Santander Consumer USA Holdings by 3.4% in a initial quarter. Amalgamated Bank now owns 15,158 shares of a financial services provider’s batch value $202,000 after shopping an additional 496 shares in a final quarter. 33.21% of a batch is now owned by institutional investors.

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A series of brokerages recently commented on SC. Jefferies Group LLC reiterated a “buy” rating and set a $18.00 aim cost on shares of Santander Consumer USA Holdings in a investigate note on Friday, May 12th. Compass Point upgraded shares of Santander Consumer USA Holdings from a “neutral” rating to a “buy” rating and upped their cost design for a association from $13.50 to $16.00 in a investigate note on Thursday, Apr 27th. Finally, Zacks Investment Research upgraded shares of Santander Consumer USA Holdings from a “strong sell” rating to a “hold” rating in a investigate note on Wednesday, Mar 29th. One investigate researcher has rated a batch with a sell rating, 8 have released a reason rating and dual have reserved a buy rating to a company’s stock. The batch currently has a accord rating of “Hold” and a accord aim cost of $14.64.

About Santander Consumer USA Holdings

Santander Consumer USA Holdings Inc is a holding association for Santander Consumer USA Inc, and subsidiaries, a consumer financial association focused on car financial and third celebration servicing. The Company operates by Consumer Finance segment. Its Consumer Finance business is focused on car financial products and services, including sell installment contracts, car leases, and play loans, as good as financial products and services associated to motorcycles, recreational vehicles (RVs), and sea vehicles.

12 Month Chart for NYSE:SC

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