Santander Consumer USA Holdings (SC) : During the past 4 weeks, traders have been relatively bearish on Santander Consumer USA Holdings (SC), hence the stock is down -5.33% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.6% relative to the S&P 500. The 4-week change in the price of the stock is -4.36% and the stock has fallen -1.55% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.34% and the 50-Day Moving Average is 2.56%. Santander Consumer USA Holdings (NYSE:SC): stock turned positive on Friday. Though the stock opened at $11.25, the bulls momentum made the stock top out at $11.51 level for the day. The stock recorded a low of $11.22 and closed the trading day at $11.42, in the green by 0.71%. The total traded volume for the day was 1,110,385. The stock had closed at $11.34 in the previous days trading.
The company Insiders own 11.73% of Santander Consumer USA Holdings shares according to the proxy statements. Institutional Investors own 33.82% of Santander Consumer USA Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -53.14%. Also, Brokerage firm Barclays downgrades its rating on Santander Consumer USA Holdings (NYSE:SC). As per the latest information, the brokerage house lowers the price target to $10 per share from a prior target of $15. The shares have been rated Equal-weight. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on July 26, 2016.
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.