31,793 Shares in Ally Financial Inc. (NYSE:ALLY) Purchased by Crestline Management LP

Crestline Management LP purchased a new stake in Ally Financial Inc. (NYSE:ALLY - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 31,793 shares of the financial services provider's stock, valued at approximately $1,145,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in Ally Financial during the 4th quarter worth approximately $75,483,000. Assenagon Asset Management S.A. raised its position in shares of Ally Financial by 233.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 2,430,128 shares of the financial services provider's stock valued at $87,509,000 after purchasing an additional 1,701,264 shares during the period. Phoenix Financial Ltd. grew its position in shares of Ally Financial by 86.4% in the fourth quarter. Phoenix Financial Ltd. now owns 3,390,066 shares of the financial services provider's stock valued at $122,077,000 after purchasing an additional 1,571,027 shares in the last quarter. ANTIPODES PARTNERS Ltd increased its position in shares of Ally Financial by 75.6% during the fourth quarter. ANTIPODES PARTNERS Ltd now owns 2,956,037 shares of the financial services provider's stock valued at $106,455,000 after buying an additional 1,272,853 shares during the period. Finally, First Trust Advisors LP boosted its stake in Ally Financial by 41.4% during the fourth quarter. First Trust Advisors LP now owns 3,458,352 shares of the financial services provider's stock valued at $124,535,000 after buying an additional 1,011,985 shares during the period. Institutional investors and hedge funds own 88.76% of the company's stock.

Insider Transactions at Ally Financial

In other news, CFO Russell E. Hutchinson acquired 8,200 shares of the stock in a transaction that occurred on Tuesday, April 22nd. The shares were bought at an average cost of $30.81 per share, for a total transaction of $252,642.00. Following the acquisition, the chief financial officer now owns 236,421 shares in the company, valued at approximately $7,284,131.01. This represents a 3.59% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Stephanie N. Richard sold 8,000 shares of the stock in a transaction that occurred 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 transaction, the insider now directly owns 90,387 shares of the company's stock, valued at $2,905,038.18. The trade was a 8.13% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company's stock.

Ally Financial Stock Up 5.1%

Ally Financial stock traded up $1.76 during mid-day trading on Monday, reaching $36.37. 4,355,204 shares of the company were exchanged, compared to its average volume of 3,566,911. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.93 and a current ratio of 0.93. The firm has a market cap of $11.17 billion, a P/E ratio of 13.99, a PEG ratio of 0.32 and a beta of 1.14. The business has a fifty day moving average of $33.74 and a 200 day moving average of $35.94. Ally Financial Inc. has a 12-month low of $29.52 and a 12-month high of $45.46.

Ally Financial (NYSE:ALLY - Get Free Report) last issued its quarterly earnings results on Thursday, April 17th. The financial services provider reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.15. Ally Financial had a return on equity of 9.31% and a net margin of 11.29%. The company had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $2.04 billion. During the same quarter in the previous year, the firm posted $0.45 EPS. Research analysts anticipate that Ally Financial Inc. will post 3.57 earnings per share for the current fiscal year.

Ally Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $1.20 annualized dividend and a dividend yield of 3.30%. Ally Financial's dividend payout ratio (DPR) is presently 88.24%.

Analyst Ratings Changes

Several brokerages have recently commented on ALLY. Wells Fargo & Company reduced their price objective on Ally Financial from $34.00 to $32.00 and set an "underweight" rating on the stock in a research report on Monday, April 21st. Compass Point upgraded shares of Ally Financial from a "neutral" rating to a "buy" rating and upped their target price for the stock from $37.00 to $41.00 in a research note on Monday, April 7th. BTIG Research lowered Ally Financial from a "neutral" rating to a "sell" rating and set a $30.00 price objective for the company. in a report on Tuesday, March 25th. JPMorgan Chase & Co. cut their price objective on Ally Financial from $43.00 to $36.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Finally, Morgan Stanley reduced their price objective on shares of Ally Financial from $45.00 to $39.00 and set an "outperform" rating on the stock in a research report on Monday, April 7th. For consumer lenders, the Trump Administration’s hardline approach to tariffs is “difficult to ignore” and there’s clearly more downside to the group if tariffs remain near current levels. If tariffs remain in place, risks to growth would skew meaningfully to the downside and risks to inflation to the upside, adds the analyst, who is downgrading the firm’s Consumer Finance industry view to Cautious from Attractive. Three analysts have rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $41.69.

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.