Santander Consumer USA (NYSE:SC) was the target of unusually large options trading activity on Monday. Investors purchased 3,892 put options on the stock. This is an increase of approximately 721% compared to the average daily volume of 474 put options.
Shares of SC stock opened at $15.60 on Tuesday. The company has a market cap of $5,694.00, a P/E ratio of 8.97, a price-to-earnings-growth ratio of 4.00 and a beta of 1.10. Santander Consumer USA has a 52-week low of $11.12 and a 52-week high of $19.02.
Santander Consumer USA (NYSE:SC) last issued its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.03). The business 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 business earned $0.17 earnings per share. equities analysts predict that Santander Consumer USA will post 1.97 EPS for the current year.
A number of hedge funds have recently modified their holdings of the stock. BlackRock Inc. increased its holdings in Santander Consumer USA by 4.9% during the fourth quarter. BlackRock Inc. now owns 5,535,978 shares of the financial services provider’s stock valued at $103,080,000 after buying an additional 260,162 shares during the period. Dimensional Fund Advisors LP grew its holdings in Santander Consumer USA by 1.6% in the third quarter. Dimensional Fund Advisors LP now owns 4,491,731 shares of the financial services provider’s stock worth $69,037,000 after purchasing an additional 71,016 shares during the last quarter. Millennium Management LLC grew its holdings in Santander Consumer USA by 14.0% in the fourth quarter. Millennium Management LLC now owns 4,104,477 shares of the financial services provider’s stock worth $76,425,000 after purchasing an additional 503,328 shares during the last quarter. Philadelphia Financial Management of San Francisco LLC grew its holdings in Santander Consumer USA by 0.8% in the fourth quarter. Philadelphia Financial Management of San Francisco LLC now owns 1,971,785 shares of the financial services provider’s stock worth $36,715,000 after purchasing an additional 14,918 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in Santander Consumer USA by 20.6% in the fourth quarter. Wells Fargo & Company MN now owns 1,898,598 shares of the financial services provider’s stock worth $35,352,000 after purchasing an additional 324,125 shares during the last quarter.
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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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