Trilogy Capital Inc. Acquires New Stake in Santander Consumer USA Holdings Inc (SC)

Trilogy Capital Inc. acquired a new stake in shares of Santander Consumer USA Holdings Inc (NYSE:SC) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,302 shares of the financial services provider’s stock, valued at approximately $206,000.

Other hedge funds also recently modified their holdings of the company. Macquarie Group Ltd. purchased a new stake in Santander Consumer USA during the second quarter valued at approximately $118,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Santander Consumer USA during the second quarter valued at approximately $124,000. Rehmann Capital Advisory Group raised its position in Santander Consumer USA by 366.0% during the second quarter. Rehmann Capital Advisory Group now owns 8,276 shares of the financial services provider’s stock valued at $158,000 after purchasing an additional 6,500 shares during the period. Meeder Asset Management Inc. raised its position in Santander Consumer USA by 253.8% during the second quarter. Meeder Asset Management Inc. now owns 8,948 shares of the financial services provider’s stock valued at $171,000 after purchasing an additional 6,419 shares during the period. Finally, Advisors Preferred LLC raised its position in Santander Consumer USA by 466.5% during the second quarter. Advisors Preferred LLC now owns 9,370 shares of the financial services provider’s stock valued at $179,000 after purchasing an additional 7,716 shares during the period.

Shares of NYSE SC opened at $18.60 on Friday. Santander Consumer USA Holdings Inc has a fifty-two week low of $15.55 and a fifty-two week high of $21.81. The company has a market capitalization of $6.78 billion, a PE ratio of 7.50, a price-to-earnings-growth ratio of 0.50 and a beta of 1.08.

Santander Consumer USA (NYSE:SC) last issued its quarterly earnings results on Wednesday, October 31st. The financial services provider reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.04. Santander Consumer USA had a return on equity of 13.44% and a net margin of 20.54%. The firm had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.76 billion. During the same period in the prior year, the business posted $0.55 earnings per share. As a group, research analysts anticipate that Santander Consumer USA Holdings Inc will post 2.58 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 15th. Stockholders of record on Saturday, November 10th will be issued a $0.20 dividend. The ex-dividend date is Thursday, November 8th. This represents a $0.80 annualized dividend and a dividend yield of 4.30%. Santander Consumer USA’s payout ratio is 45.98%.

SC has been the topic of a number of recent research reports. ValuEngine downgraded Santander Consumer USA from a “buy” rating to a “hold” rating in a research report on Tuesday, October 2nd. Zacks Investment Research downgraded Santander Consumer USA from a “buy” rating to a “hold” rating in a research report on Thursday, September 27th. UBS Group upped their price objective on Santander Consumer USA from $21.00 to $24.00 and gave the company a “buy” rating in a research report on Thursday, July 26th. Oppenheimer restated a “hold” rating on shares of Santander Consumer USA in a research report on Wednesday, July 25th. Finally, Susquehanna Bancshares set a $26.00 price objective on Santander Consumer USA and gave the company a “buy” rating in a research report on Wednesday, July 25th. Nine research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $22.79.

About Santander Consumer USA

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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