Windacre Partnership Has Cut Santander Consumer Usa Hdg I (SC) Stake by $1.19 Million; Stock Price Declined

Elias Hubbard
March 13, 2018

Sovarnum Capital L.P. purchased a new stake in Santander Consumer USA Holdings Inc (NYSE:SC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). Commonwealth Bank of Australia now owns 100,089 shares of the financial services provider's stock valued at $1,534,000 after buying an additional 9,829 shares during the period. The institutional investor held 12.58 million shares of the consumer services company at the end of 2017Q3, valued at $193.43 million, down from 12.66 million at the end of the previous reported quarter. The stock decreased 7.61% or $1.03 during the last trading session, reaching $12.5. Advisors Preferred LLC lifted its position in shares of Santander Consumer USA by 1,000.4% in the 4th quarter. Victory Capital Management Inc. grew its stake in Santander Consumer USA by 38.8% during the 3rd quarter. Yext, Inc. (NYSE:YEXT) has 0.00% since March 11, 2017 and is. It has underperformed by 15.16% the S&P500.

Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp increased its stake in Williams Cos Inc (WMB) by 513.33% based on its latest 2017Q3 regulatory filing with the SEC. State Street Corp now owns 1,563,544 shares of the financial services provider's stock worth $19,951,000 after buying an additional 220,319 shares during the last quarter. Crescent Park Management Lp who had been investing in Travelport Worldwide Ltd for a number of months, seems to be less bullish one the $1.81B market cap company. The stock increased 3.13% or $0.85 during the last trading session, reaching $28. About 5.93 million shares traded. It has outperformed by 16.31% the S&P500. Finally, Barclays set a $18.00 price target on Santander Consumer USA and gave the company a "hold" rating in a research report on Tuesday, December 12th. Owens-Illinois Inc had 47 analyst reports since July 31, 2015 according to SRatingsIntel. On Friday, January 29 the stock rating was maintained by Compass Point with "Neutral". On Monday, October 30 the stock rating was maintained by Jefferies with "Buy". Ubs Oconnor Limited Liability reported 350,000 shares. Santander Consumer USA had a net margin of 18.09% and a return on equity of 11.78%. The firm earned "Neutral" rating on Monday, October 30 by Citigroup. (NYSE:SC) has "Hold" rating given on Wednesday, January 3 by Stephens. Gluskin Sheff & Incorporated invested in 32,311 shares. Its up 0.01, from 0.88 in 2017Q2. It improved, as 15 investors sold OI shares while 85 reduced holdings. 149.96 million shares or 1.10% less from 151.63 million shares in 2017Q2 were reported. Finally, Parametric Portfolio Associates LLC increased its stake in Santander Consumer USA by 0.4% in the 3rd quarter. Advsr Preferred Ltd reported 498 shares. (NYSE:SC). Castine Mngmt Ltd Liability Company holds 1.82% or 320,000 shares. Cullen Frost Bankers owns 197,053 shares. Public Employees Retirement Association Of Colorado holds 143,827 shares or 0.03% of its portfolio.

Clearbridge Invs Limited Liability Com holds 2,598 shares. (NYSE:WMB). 29,250 were accumulated by Grassi Invest Management. 27,000 were reported by First City Cap Management.

Centerbridge Partners Lp, which manages about $20.91 billion and $858.75 million US Long portfolio, upped its stake in Ambac Finl Group Inc (NASDAQ:AMBC) by 771,562 shares to 787,851 shares, valued at $13.60 million in 2017Q3, according to the filing. Hgk Asset Mgmt, a New Jersey-based fund reported 91,220 shares. (NYSE:OI) for 23,760 shares.

Since September 21, 2017, it had 0 insider buys, and 4 insider sales for $6.19 million activity. Scheel James E. sold $888,195 worth of stock. Another trade for 17,167 shares valued at $2.61M was sold by McLaughlin Edward Grunde. Corning Inc now has $25.66 billion valuation. Nationwide Fund Advisors grew its stake in Santander Consumer USA by 19.1% during the 3rd quarter. (NYSE:SC) earned "Buy" rating by Jefferies on Wednesday, January 10. Therefore 70% are positive. The rating was upgraded by PiperJaffray to "Overweight" on Wednesday, August 30. (NYSE:SC). Deutsche Bancshares Ag holds 0% or 424,192 shares. BMO Capital Markets has "Buy" rating and $22.0 target.

SC has been the subject of several research reports. As per Monday, February 26, the company rating was downgraded by Goldman Sachs. 610.60 million shares or 2.66% less from 627.26 million shares in 2017Q2 were reported.

Investors sentiment decreased to 1.75 in Q3 2017. Its down 0.35, from 1.53 in 2017Q2. It worsened, as 25 investors sold Santander Consumer USA Holdings Inc. shares while 42 reduced holdings.

A number of other hedge funds have also made changes to their positions in SC. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.30 by ($0.03). After $0.27 actual earnings per share reported by Santander Consumer USA Holdings Inc. for the previous quarter, Wall Street now forecasts 55.56% EPS growth. (NYSE:SC). Schwab Charles invested in 492,393 shares. (NYSE:WMB) for 961,940 shares. Crow Point Partners Ltd Co holds 5,848 shares. The stock of Santander Consumer USA Holdings Inc. (NYSE:SC) for 3.48 million shares. Hotchkis Wiley Mngmt Limited Liability invested 0.21% of its portfolio in Santander Consumer USA Holdings Inc.

Want to see what other hedge funds are holding SC? Bank of New York Mellon Corp now owns 937,282 shares of the financial services provider's stock valued at $14,407,000 after buying an additional 56,486 shares during the period. (NYSE:OI). Thrivent Fin For Lutherans, a Minnesota-based fund reported 2.99M shares. This is a boost from Santander Consumer USA's previous quarterly dividend of $0.03. Santander Consumer USA Holdings Inc has a 12-month low of $11.12 and a 12-month high of $19.02.

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