Windacre Partnership buys $119,967,100 stake in Santander Consumer USA Holdings Inc (SC)

Santander Consumer USA Holdings Inc (SC) : Windacre Partnership scooped up 1,375,800 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 15, 2016. The investment management firm now holds a total of 10,505,000 shares of Santander Consumer USA Holdings Inc which is valued at $119,967,100.Santander Consumer USA Holdings Inc makes up approximately 38.20% of Windacre Partnership’s portfolio.

Other Hedge Funds, Including , Aqr Capital Management sold out all of its stake in SC during the most recent quarter. The investment firm sold 105,176 shares of SC which is valued $1,201,110.Pacer Advisors boosted its stake in SC in the latest quarter, The investment management firm added 1,808 additional shares and now holds a total of 2,164 shares of Santander Consumer USA Holdings Inc which is valued at $24,713.Harbor Spring Capital boosted its stake in SC in the latest quarter, The investment management firm added 23,920 additional shares and 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 approx 9.21% of Harbor Spring Capital’s portfolio.Vanguard Group Inc reduced its stake in SC by selling 465,643 shares or 5.69% in the most recent quarter. The Hedge Fund company now holds 7,710,934 shares of SC which is valued at $88,058,866. Santander Consumer USA Holdings Inc makes up approx 0.01% of Vanguard Group Inc’s portfolio.Quantitative Systematic Strategies reduced its stake in SC by selling 128,305 shares or 85.95% in the most recent quarter. The Hedge Fund company now holds 20,969 shares of SC which is valued at $230,449. Santander Consumer USA Holdings Inc makes up approx 0.10% of Quantitative Systematic Strategies’s portfolio.

Santander Consumer USA Holdings Inc closed down -0.2 points or -1.59% at $12.38 with 10,24,918 shares getting traded on Thursday. Post opening the session at $12.61, the shares hit an intraday low of $12.235 and an intraday high of $12.67 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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.

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