Santander Consumer USA Holdings Inc (SC) Sets New 52-Week Low Following Weak Earnings

Category: Auto Financing Published: Sunday, 31 January 2016 Written by Super User

Several large investors have recently made changes to their positions in the stock. ING Groep raised its stake in shares of Santander Consumer USA Holdings by 4.5% in the third quarter. ING Groep now owns 300,927 shares of the companys stock valued at $6,142,000 after buying an additional 13,008 shares in the last quarter. Quantitative Systematic Strategies purchased a new stake in shares of Santander Consumer USA Holdings during the fourth quarter valued at about $935,000. Finally, Atria Investments raised its stake in shares of Santander Consumer USA Holdings by 22.2% in the fourth quarter. Atria Investments now owns 18,388 shares of the companys stock valued at $258,000 after buying an additional 3,342 shares in the last quarter.

The stocks 50 day moving average is $14.91 and its 200 day moving average is $19.65. The stock has a market capitalization of $3.92 billion and a price-to-earnings ratio of 3.75.

Santander Consumer USA Holdings Inc. is a holding company. The Company is a specialized consumer finance company focused on vehicle finance and unsecured consumer lending products. The Company offers various auto financing products and services to Chrysler customers and dealers under the Chrysler Capital brand. These products and services include consumer retail installment contracts and leases, as well as dealer loans for inventory, construction, real estate, working capital and revolving lines of credit. The Company also originates vehicle loans through a Web-based direct lending program, purchases vehicle retail installment contracts and services automobile and recreational and marine vehicle portfolios for other lenders. Its products and services include vehicle finance, and origination and servicing.

Hits: 419