Gillson Capital LP bought a new position in shares of Santander Consumer USA Holdings Inc (NYSE:SC) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 547,037 shares of the financial services provider’s stock, valued at approximately $10,186,000. Santander Consumer USA makes up about 1.7% of Gillson Capital LP’s portfolio, making the stock its 25th largest position. Gillson Capital LP owned approximately 0.15% of Santander Consumer USA at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of SC. Advisors Preferred LLC increased its holdings in Santander Consumer USA by 1,000.4% during the 4th quarter. Advisors Preferred LLC now owns 5,480 shares of the financial services provider’s stock worth $102,000 after acquiring an additional 4,982 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of 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 worth $135,000 after buying an additional 717 shares during the last quarter. State of Alaska Department of Revenue bought a new position in shares of Santander Consumer USA in the 4th quarter worth $161,000. Crow Point Partners LLC increased its holdings in shares of 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 worth $174,000 after buying an additional 3,500 shares during the last quarter. Finally, OxFORD Asset Management LLP bought a new position in shares of Santander Consumer USA during the 3rd quarter valued at $190,000.
Santander Consumer USA Holdings Inc (NYSE:SC) traded down $0.16 during midday trading on Wednesday, hitting $16.96. 1,377,888 shares of the stock were exchanged, compared to its average volume of 2,224,934. Santander Consumer USA Holdings Inc has a 12-month low of $11.12 and a 12-month high of $19.02. The company has a market capitalization of $6,256.55, a PE ratio of 5.14, a PEG ratio of 4.36 and a beta of 1.14.
Santander Consumer USA (NYSE:SC) last released its quarterly earnings results 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). The firm had revenue of $1.62 billion for the quarter, compared to analysts’ expectations of $1.58 billion. Santander Consumer USA had a net margin of 18.09% and a return on equity of 11.37%. During the same period in the previous year, the company posted $0.17 earnings per share. sell-side analysts expect that Santander Consumer USA Holdings Inc will post 1.99 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Monday, February 12th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $0.20 annualized dividend and a dividend yield of 1.18%. This is an increase from Santander Consumer USA’s previous quarterly dividend of $0.03. Santander Consumer USA’s dividend payout ratio is 6.06%.
SC has been the topic of several recent research reports. Zacks Investment Research lowered shares of Santander Consumer USA from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Barclays set a $18.00 price target on shares of Santander Consumer USA and gave the company a “hold” rating in a research report on Tuesday, December 12th. Goldman Sachs Group assumed coverage on shares of Santander Consumer USA in a research report on Monday, December 4th. They issued a “buy” rating and a $21.00 target price for the company. Oppenheimer started coverage on shares of Santander Consumer USA in a research report on Monday, January 8th. They issued a “hold” rating for the company. Finally, JPMorgan Chase & Co. raised shares of Santander Consumer USA from a “neutral” rating to an “overweight” rating and lowered their price target for the company from $20.50 to $16.00 in a research report on Friday, January 12th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Santander Consumer USA has an average rating of “Buy” and an average target price of $18.77.
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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.
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