Could Santander Consumer USA Holdings Inc Decline After Today’s Tip From Option Traders?

 Could Santander Consumer USA Holdings Inc Decline After Today's Tip From Option Traders?

In today’s session Santander Consumer USA Holdings Inc (SC) registered an unusually high (2,502) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious SC increase. With 2,502 contracts traded and 50024 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: SC161118C00011000 closed last at: $2.45 or 53.1% up. About 162,392 shares traded hands. Santander Consumer USA Holdings Inc (NYSE:SC) has risen 25.28% since April 12, 2016 and is uptrending. It has outperformed by 20.30% the S&P500.

Santander Consumer USA Holdings Inc (NYSE:SC) Ratings Coverage

Out of 11 analysts covering Santander Consumer USA Holdings (NYSE:SC), 4 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 36% are positive. $32 is the highest target while $10 is the lowest. The $15.80 average target is 13.67% above today’s ($13.9) stock price. Santander Consumer USA Holdings has been the topic of 21 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm earned “Equal-Weight” rating on Thursday, March 17 by Stephens. The firm has “Equal-Weight” rating given on Tuesday, July 26 by Barclays Capital. The stock of Santander Consumer USA Holdings Inc (NYSE:SC) has “Market Perform” rating given on Thursday, April 28 by Wood. Janney Capital initiated the shares of SC in a report on Thursday, April 21 with “Neutral” rating. As per Wednesday, March 16, the company rating was downgraded by JMP Securities. UBS reinitiated the shares of SC in a report on Friday, April 1 with “Buy” rating. Compass Point maintained the shares of SC in a report on Friday, January 29 with “Neutral” rating. The rating was maintained by Compass Point on Thursday, April 28 with “Neutral”. Macquarie Research downgraded the shares of SC in a report on Wednesday, May 11 to “Neutral” rating. On Friday, April 1 the stock rating was maintained by Citigroup with “Buy”.

According to Zacks Investment Research, “Santander Consumer USA Holdings Inc. is a technology-driven consumer finance company which focused on vehicle finance and unsecured consumer lending products. The company’s vehicle finance products and services include consumer vehicle loans, vehicle leases and automotive dealer floorplan loans. Santander Consumer USA Holdings Inc. is headquartered in Dallas, Texas.”

Insitutional Activity: The institutional sentiment increased to 1.2 in Q2 2016. Its up 0.40, from 0.8 in 2016Q1. The ratio is positive, as 26 funds sold all Santander Consumer USA Holdings Inc shares owned while 44 reduced positions. 30 funds bought stakes while 54 increased positions. They now own 115.76 million shares or 0.89% more from 114.74 million shares in 2016Q1.
Morgan Stanley has 0% invested in the company for 29,483 shares. Quantbot Lp holds 0% or 755 shares in its portfolio. Geode Cap Ltd Liability, a Massachusetts-based fund reported 765,195 shares. Invesco last reported 1.07 million shares in the company. Blackrock Institutional Trust Na last reported 2.66 million shares in the company. Gotham Asset Mgmt Limited Liability Com, a New York-based fund reported 22,005 shares. Connor Clark And Lunn Invest Ltd has 0% invested in the company for 14,700 shares. Checchi Advisers Lc, a California-based fund reported 921 shares. Proshare Advisors Ltd Limited Liability Company has 15,700 shares for 0% of their US portfolio. Ws Lllp owns 2.35M shares or 0.84% of their US portfolio. Lsv Asset Management has invested 0% of its portfolio in Santander Consumer USA Holdings Inc (NYSE:SC). Cipher Limited Partnership last reported 76,684 shares in the company. Public Employees Retirement Association Of Colorado accumulated 3,385 shares or 0% of the stock. Federated Invsts Incorporated Pa accumulated 0% or 5,558 shares. California Pub Employees Retirement Sys last reported 0.01% of its portfolio in the stock.

Insider Transactions: Since July 18, 2016, the stock had 0 insider buys, and 1 insider sale for $161,434 net activity. Popp Jennifer sold $161,434 worth of Santander Consumer USA Holdings Inc (NYSE:SC) on Monday, July 18.

Santander Consumer USA Holdings Inc

SC Company Profile

Santander Consumer USA Holdings Inc., incorporated on July 1, 2013, is the holding firm for Santander Consumer USA Inc., and subsidiaries, a consumer finance firm focused on vehicle finance and third party servicing. The Company’s segment, Consumer Finance, includes its vehicle financial services and products, including retail installment contracts, vehicle leases, and dealer loans, as well as financial services and products related to motorcycles, recreational vehicles (RVs), and marine vehicles. It also includes its personal loan and point-of-sale financing operations. The Company’s primary business is the indirect origination of retail installment contracts, principally through manufacturer-franchised dealers in connection with their sale of new and used vehicles to retail consumers. The Firm offers auto financing services and products to Fiat Chrysler Automobiles US LLC (FCA) clients and dealers under the Chrysler Capital brand. These services and products include consumer retail installment contracts and leases, as well as dealer loans for inventory, construction, real estate, working capital and revolving lines of credit.

More news for Santander Consumer USA Holdings Inc (NYSE:SC) were recently published by: Forbes.com, which released: “Relative Strength Alert For Santander Consumer USA Holdings” on November 08, 2016. Prnewswire.com‘s article titled: “Santander Consumer USA Holdings Inc. Files Q2 2016 Form 10-Q and Restated …” and published on October 27, 2016 is yet another important article.

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