Ally Financial Inc. (NYSE:ALLY) Shares Sold by Alyeska Investment Group L.P.

Alyeska Investment Group L.P. trimmed its position in shares of Ally Financial Inc. (NYSE:ALLY - Free Report) by 48.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 347,802 shares of the financial services provider's stock after selling 320,485 shares during the quarter. Alyeska Investment Group L.P. owned approximately 0.11% of Ally Financial worth $12,524,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ALLY. Principal Securities Inc. raised its holdings in shares of Ally Financial by 89.4% in the fourth quarter. Principal Securities Inc. now owns 1,051 shares of the financial services provider's stock worth $38,000 after acquiring an additional 496 shares during the last quarter. Kestra Investment Management LLC acquired a new position in Ally Financial in the 4th quarter valued at about $43,000. UMB Bank n.a. lifted its holdings in Ally Financial by 218.8% in the 4th quarter. UMB Bank n.a. now owns 1,546 shares of the financial services provider's stock valued at $56,000 after purchasing an additional 1,061 shares in the last quarter. Harbour Investments Inc. boosted its stake in shares of Ally Financial by 38.5% during the 4th quarter. Harbour Investments Inc. now owns 2,142 shares of the financial services provider's stock worth $77,000 after purchasing an additional 595 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in shares of Ally Financial during the fourth quarter worth about $78,000. Institutional investors and hedge funds own 88.76% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on ALLY shares. Bank of America reduced their price objective on shares of Ally Financial from $42.00 to $38.00 and set a "buy" rating on the stock in a research note on Monday, April 7th. StockNews.com downgraded Ally Financial from a "hold" rating to a "sell" rating in a research report on Wednesday. BTIG Research downgraded Ally Financial from a "neutral" rating to a "sell" rating and set a $30.00 target price on the stock. in a research report on Tuesday, March 25th. JPMorgan Chase & Co. decreased their price target on Ally Financial from $43.00 to $36.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Finally, The Goldman Sachs Group increased their price objective on shares of Ally Financial from $45.00 to $50.00 and gave the stock a "buy" rating in a report on Tuesday, April 1st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the company. According to MarketBeat, Ally Financial presently has a consensus rating of "Hold" and a consensus target price of $41.69.

Insiders Place Their Bets

In other Ally Financial news, insider Stephanie N. Richard sold 8,000 shares of Ally Financial stock in a transaction on Wednesday, April 30th. The shares were sold at an average price of $32.14, for a total value of $257,120.00. Following the completion of the transaction, the insider now owns 90,387 shares of the company's stock, valued at $2,905,038.18. The trade was a 8.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Russell E. Hutchinson purchased 8,200 shares of Ally Financial stock in a transaction dated Tuesday, April 22nd. The stock was acquired at an average price of $30.81 per share, for a total transaction of $252,642.00. Following the completion of the transaction, the chief financial officer now owns 236,421 shares in the company, valued at approximately $7,284,131.01. The trade was a 3.59 % increase in their position. The disclosure for this purchase can be found here. 0.67% of the stock is owned by company insiders.

Ally Financial Stock Up 3.3 %

Ally Financial stock traded up $1.10 during midday trading on Friday, hitting $34.60. 4,654,743 shares of the company were exchanged, compared to its average volume of 3,563,745. The company has a market cap of $10.63 billion, a PE ratio of 13.31, a price-to-earnings-growth ratio of 0.32 and a beta of 1.14. Ally Financial Inc. has a fifty-two week low of $29.52 and a fifty-two week high of $45.46. The company's fifty day moving average price is $33.74 and its 200-day moving average price is $35.93. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.93 and a quick ratio of 0.93.

Ally Financial (NYSE:ALLY - Get Free Report) last announced its earnings results on Thursday, April 17th. The financial services provider reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.15. Ally Financial had a net margin of 11.29% and a return on equity of 9.31%. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the prior year, the firm earned $0.45 earnings per share. On average, research analysts predict that Ally Financial Inc. will post 3.57 EPS for the current fiscal year.

Ally Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be paid a dividend of $0.30 per share. The ex-dividend date is Thursday, May 1st. This represents a $1.20 dividend on an annualized basis and a yield of 3.47%. Ally Financial's dividend payout ratio (DPR) is presently 88.24%.

About Ally Financial

Ally Financial Inc, a digital financial-services company, provides various digital financial products and services in the United States, Canada, and Bermuda. The company operates through Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments.