Santander Consumer USA Holdings Inc (SC) : Harbor Spring Capital scooped up 23,920 additional shares in Santander Consumer USA Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 3,500,200 shares of Santander Consumer USA Holdings Inc which is valued at $39,972,284.Santander Consumer USA Holdings Inc makes up approximately 9.21% of Harbor Spring Capital’s portfolio.
Other Hedge Funds, Including , Renaissance Technologies sold out all of its stake in SC during the most recent quarter. The investment firm sold 114,500 shares of SC which is valued $1,307,590.Blackrock Advisors boosted its stake in SC in the latest quarter, The investment management firm added 9,996 additional shares and now holds a total of 56,500 shares of Santander Consumer USA Holdings Inc which is valued at $645,230.Quantitative Investment Management reduced its stake in SC by selling 70,400 shares or 46.41% in the most recent quarter. The Hedge Fund company now holds 81,300 shares of SC which is valued at $906,495. Santander Consumer USA Holdings Inc makes up approx 0.04% of Quantitative Investment Management’s portfolio. Ibm Retirement Fund added SC to its portfolio by purchasing 10,653 company shares during the most recent quarter which is valued at $126,238.
Santander Consumer USA Holdings Inc opened for trading at $11.96 and hit $12.28 on the upside on Monday, eventually ending the session at $12.2, with a gain of 2.09% or 0.25 points. The heightened volatility saw the trading volume jump to 9,16,181 shares. Company has a market cap of $4,369 M.
On the company’s financial health, Santander Consumer USA Holdings Inc reported $0.59 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.56. The company had revenue of $1272.00 million for the quarter, compared to analysts expectations of $1204.28 million. The company’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS.
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.