Continental Advisors LLC Has $2.62 Million Holdings in Santander Consumer USA Holdings Inc (NYSE:SC)

Continental Advisors LLC lessened its position in Santander Consumer USA Holdings Inc (NYSE:SC) by 22.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 102,807 shares of the financial services provider’s stock after selling 29,000 shares during the period. Santander Consumer USA makes up about 1.6% of Continental Advisors LLC’s holdings, making the stock its 21st largest position. Continental Advisors LLC’s holdings in Santander Consumer USA were worth $2,623,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. NewSquare Capital LLC purchased a new position in shares of Santander Consumer USA during the second quarter valued at approximately $43,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Santander Consumer USA during the second quarter valued at approximately $53,000. Royal Bank of Canada boosted its position in shares of Santander Consumer USA by 53.3% during the second quarter. Royal Bank of Canada now owns 3,701 shares of the financial services provider’s stock valued at $89,000 after buying an additional 1,287 shares during the last quarter. Advisor Group Inc. boosted its position in shares of Santander Consumer USA by 1,067.3% during the second quarter. Advisor Group Inc. now owns 3,887 shares of the financial services provider’s stock valued at $93,000 after buying an additional 3,554 shares during the last quarter. Finally, Coastal Investment Advisors Inc. boosted its position in shares of Santander Consumer USA by 957.5% during the third quarter. Coastal Investment Advisors Inc. now owns 4,230 shares of the financial services provider’s stock valued at $108,000 after buying an additional 3,830 shares during the last quarter.

Several research analysts recently issued reports on SC shares. Compass Point set a $25.00 target price on Santander Consumer USA and gave the company a “hold” rating in a research report on Tuesday, July 2nd. BTIG Research lowered Santander Consumer USA from a “buy” rating to a “neutral” rating in a report on Wednesday, July 24th. They noted that the move was a valuation call. Janney Montgomery Scott reiterated a “neutral” rating on shares of Santander Consumer USA in a report on Wednesday, July 17th. ValuEngine lowered Santander Consumer USA from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. Finally, Stephens lowered Santander Consumer USA from an “equal” rating to a “weight” rating and dropped their price target for the stock from $25.00 to $23.00 in a report on Monday, September 9th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $25.13.

Shares of SC traded up $0.15 during mid-day trading on Monday, hitting $25.20. The stock had a trading volume of 66,680 shares, compared to its average volume of 858,783. The firm has a market cap of $8.75 billion, a P/E ratio of 9.94, a PEG ratio of 0.75 and a beta of 1.03. The business has a fifty day moving average price of $25.64 and a 200-day moving average price of $24.40. Santander Consumer USA Holdings Inc has a 52 week low of $16.10 and a 52 week high of $27.75.

Santander Consumer USA Profile

Santander Consumer USA Holdings Inc, a specialized consumer finance company, provides vehicle finance and third-party servicing in the United States. Its products and services include retail installment contracts and vehicle leases, as well as dealer loans for inventory, construction, real estate, working capital, and revolving lines of credit.

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

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