Canyon Capital Advisors Decreased Stake in Santander Consumer Usa Hdg I (SC) as Shares Declined; As Abbvie (ABBV) Market Valuation Rose, Everett Harris & Company Has Trimmed Its Stake by $5.36 Million

February 16, 2018 - By Linda Rogers

Joshua Friedman decreased its stake in Santander Consumer Usa Hdg I (SC) by 9.18% based on its latest 2017Q3 regulatory filing with the SEC. Canyon Capital Advisors Llc sold 280,531 shares as the company’s stock declined 16.81% while stock markets rallied. The hedge fund run by Joshua Friedman held 2.78M shares of the consumer services company at the end of 2017Q3, valued at $42.68 million, down from 3.06 million at the end of the previous reported quarter. Canyon Capital Advisors Llc who had been investing in Santander Consumer Usa Hdg I for a number of months, seems to be less bullish one the $6.18 billion market cap company. The stock increased 0.94% or $0.16 during the last trading session, reaching $17.16. About 461,417 shares traded. Santander Consumer USA Holdings Inc. (NYSE:SC) has risen 1.54% since February 16, 2017 and is uptrending. It has underperformed by 15.16% the S&P500.

Everett Harris & Company decreased its stake in Abbvie Inc. (ABBV) by 13.97% based on its latest 2017Q3 regulatory filing with the SEC. Everett Harris & Company sold 60,857 shares as the company’s stock rose 6.17% with the market. The institutional investor held 374,838 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $33.31M, down from 435,695 at the end of the previous reported quarter. Everett Harris & Company who had been investing in Abbvie Inc. for a number of months, seems to be less bullish one the $187.55B market cap company. The stock increased 2.25% or $2.58 during the last trading session, reaching $117.48. About 3.82M shares traded. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since February 16, 2017 and is uptrending. It has underperformed by 6.07% the S&P500.

Among 24 analysts covering Santander Consumer USA Holdings (NYSE:SC), 13 have Buy rating, 0 Sell and 11 Hold. Therefore 54% are positive. Santander Consumer USA Holdings had 62 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Santander Consumer USA Holdings Inc. (NYSE:SC) earned “Neutral” rating by Citigroup on Thursday, January 12. Jefferies maintained Santander Consumer USA Holdings Inc. (NYSE:SC) rating on Monday, October 30. Jefferies has “Buy” rating and $20 target. Citigroup initiated it with “Hold” rating and $16.0 target in Tuesday, October 17 report. As per Wednesday, September 13, the company rating was maintained by BMO Capital Markets. Jefferies maintained the shares of SC in report on Monday, May 15 with “Buy” rating. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, February 1. On Monday, October 30 the stock rating was maintained by JP Morgan with “Neutral”. As per Wednesday, June 7, the company rating was maintained by Jefferies. The firm earned “Equal-Weight” rating on Thursday, March 17 by Stephens. The stock of Santander Consumer USA Holdings Inc. (NYSE:SC) earned “Market Perform” rating by Wood on Thursday, April 28.

Canyon Capital Advisors Llc, which manages about $20.20B and $6.69 billion US Long portfolio, upped its stake in Ardagh Group S A by 254,479 shares to 2.77M shares, valued at $59.30 million in 2017Q3, according to the filing. It also increased its holding in Dell Technologies Inc by 168,250 shares in the quarter, for a total of 575,868 shares, and has risen its stake in Altaba Inc.

Investors sentiment decreased to 1.18 in 2017 Q3. Its down 0.35, from 1.53 in 2017Q2. It fall, as 25 investors sold SC shares while 42 reduced holdings. 29 funds opened positions while 50 raised stakes. 113.25 million shares or 0.98% more from 112.15 million shares in 2017Q2 were reported. Denali Advsr Ltd Company invested 1.81% in Santander Consumer USA Holdings Inc. (NYSE:SC). Riverhead Cap Management Llc stated it has 0.1% of its portfolio in Santander Consumer USA Holdings Inc. (NYSE:SC). New York-based Proxima Capital has invested 3.35% in Santander Consumer USA Holdings Inc. (NYSE:SC). Moreover, Castine Capital Ltd Limited Liability Company has 1.82% invested in Santander Consumer USA Holdings Inc. (NYSE:SC) for 320,000 shares. Utah Retirement Sys reported 27,000 shares stake. Ws Lllp invested in 3.48 million shares. Hsbc Holdings Public Ltd Com owns 229,429 shares or 0.01% of their US portfolio. Aperio Group Incorporated Ltd Co reported 0.01% stake. Pdt Prtn Ltd Liability holds 103,125 shares or 0.05% of its portfolio. Moreover, Convergence Prtnrs Ltd Com has 0.03% invested in Santander Consumer USA Holdings Inc. (NYSE:SC) for 13,043 shares. Rhumbline Advisers has invested 0% in Santander Consumer USA Holdings Inc. (NYSE:SC). D E Shaw And Comm Inc accumulated 11,318 shares. Prudential Incorporated holds 0% in Santander Consumer USA Holdings Inc. (NYSE:SC) or 90,847 shares. Amer Century Companies Incorporated invested in 15,622 shares. Fir Tree Incorporated holds 1.14% of its portfolio in Santander Consumer USA Holdings Inc. (NYSE:SC) for 2.60 million shares.

Since September 11, 2017, it had 0 insider buys, and 5 insider sales for $25.59 million activity. The insider SALEKI-GERHARDT AZITA sold 8,300 shares worth $705,655. $14.07M worth of AbbVie Inc. (NYSE:ABBV) was sold by Schumacher Laura J. 18,300 AbbVie Inc. (NYSE:ABBV) shares with value of $1.66 million were sold by Gosebruch Henry O. 87,040 AbbVie Inc. (NYSE:ABBV) shares with value of $8.57 million were sold by RICHMOND TIMOTHY J..

Everett Harris & Company, which manages about $6.37 billion and $3.33B US Long portfolio, upped its stake in Alphabet Class C by 731 shares to 154,086 shares, valued at $147.79 million in 2017Q3, according to the filing. It also increased its holding in Apple Inc. (NASDAQ:AAPL) by 2,085 shares in the quarter, for a total of 1.20M shares, and has risen its stake in Zimmer Biomet Holdings Inc. (ZMH).

Among 21 analysts covering Abbvie Inc (NYSE:ABBV), 10 have Buy rating, 2 Sell and 9 Hold. Therefore 48% are positive. Abbvie Inc had 78 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank maintained AbbVie Inc. (NYSE:ABBV) on Monday, July 17 with “Hold” rating. On Friday, April 28 the stock rating was maintained by BMO Capital Markets with “Hold”. Raymond James initiated the stock with “Outperform” rating in Friday, September 2 report. The stock has “Neutral” rating by UBS on Monday, September 25. The rating was initiated by Leerink Swann on Tuesday, October 18 with “Mkt Perform”. As per Thursday, September 28, the company rating was upgraded by Deutsche Bank. The stock of AbbVie Inc. (NYSE:ABBV) has “Overweight” rating given on Monday, November 2 by Morgan Stanley. The firm has “Buy” rating given on Sunday, October 29 by SunTrust. Credit Suisse maintained AbbVie Inc. (NYSE:ABBV) rating on Thursday, July 20. Credit Suisse has “Hold” rating and $7400 target. SunTrust initiated the shares of ABBV in report on Wednesday, July 22 with “Buy” rating.

Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.15, from 1 in 2017Q2. It fall, as 55 investors sold ABBV shares while 640 reduced holdings. 132 funds opened positions while 462 raised stakes. 1.06 billion shares or 1.89% more from 1.04 billion shares in 2017Q2 were reported. Torch Wealth Mngmt Ltd Liability Corp, a Ohio-based fund reported 4,614 shares. Vantage Inv Advisors Ltd owns 0.02% invested in AbbVie Inc. (NYSE:ABBV) for 915 shares. Cwm Ltd has 69,597 shares. Choate Investment holds 0.54% or 112,768 shares. Nelson Van Denburg And Campbell Wealth Mgmt Grp Inc Limited Liability Company holds 0.61% or 21,474 shares in its portfolio. Granite Invest Partners Limited Com holds 37,742 shares. Mitsubishi Ufj Secs Limited holds 0.4% of its portfolio in AbbVie Inc. (NYSE:ABBV) for 950 shares. Gillespie Robinson And Grimm Inc invested in 7,583 shares or 0.09% of the stock. Creative Planning accumulated 239,574 shares. Ing Groep Nv reported 0.11% of its portfolio in AbbVie Inc. (NYSE:ABBV). Louisiana State Employees Retirement Sys has 0.42% invested in AbbVie Inc. (NYSE:ABBV). Old Mutual Customised Solutions (Proprietary) Ltd reported 0.32% stake. Veritable Limited Partnership owns 134,395 shares. Ironwood Fin Limited Liability Company holds 0.01% or 214 shares in its portfolio. Putnam Invs Ltd Limited Liability Company holds 0.01% or 35,847 shares in its portfolio.

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By1 Linda Rogers

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