Robeco Institutional Asset Management B.V. Has $20.18 Million Holdings in Ally Financial Inc. (NYSE:ALLY)

Robeco Institutional Asset Management B.V. reduced its holdings in Ally Financial Inc. (NYSE:ALLY - Free Report) by 49.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 553,431 shares of the financial services provider's stock after selling 538,244 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.18% of Ally Financial worth $20,184,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. raised its position in shares of Ally Financial by 1.6% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 108,583 shares of the financial services provider's stock worth $3,910,000 after buying an additional 1,679 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in shares of Ally Financial during the fourth quarter valued at approximately $2,534,000. QRG Capital Management Inc. raised its holdings in Ally Financial by 1.8% during the fourth quarter. QRG Capital Management Inc. now owns 105,824 shares of the financial services provider's stock worth $3,811,000 after purchasing an additional 1,881 shares in the last quarter. Bruni J V & Co. Co. lifted its position in Ally Financial by 0.8% in the fourth quarter. Bruni J V & Co. Co. now owns 918,830 shares of the financial services provider's stock worth $33,087,000 after purchasing an additional 7,565 shares during the period. Finally, State of Michigan Retirement System boosted its stake in Ally Financial by 0.8% during the 4th quarter. State of Michigan Retirement System now owns 71,664 shares of the financial services provider's stock valued at $2,581,000 after purchasing an additional 600 shares in the last quarter. 88.76% of the stock is currently owned by institutional investors and hedge funds.

Ally Financial Stock Up 1.4%

Shares of ALLY traded up $0.56 during trading hours on Wednesday, reaching $40.77. The company's stock had a trading volume of 1,323,789 shares, compared to its average volume of 3,777,770. The company has a 50 day moving average of $35.42 and a two-hundred day moving average of $35.70. Ally Financial Inc. has a 1-year low of $29.52 and a 1-year high of $45.46. The firm has a market cap of $12.52 billion, a price-to-earnings ratio of 29.96, a P/E/G ratio of 0.37 and a beta of 1.14. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.38.

Ally Financial (NYSE:ALLY - Get Free Report) last released its earnings results on Thursday, April 17th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.43 by $0.15. Ally Financial had a net margin of 6.96% and a return on equity of 9.53%. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the prior year, the firm earned $0.45 EPS. As a group, research analysts predict that Ally Financial Inc. will post 3.57 EPS for the current fiscal year.

Ally Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Thursday, May 1st were given a dividend of $0.30 per share. The ex-dividend date was Thursday, May 1st. This represents a $1.20 dividend on an annualized basis and a yield of 2.94%. Ally Financial's payout ratio is 88.24%.

Insider Transactions at Ally Financial

In other news, insider Stephanie N. Richard sold 8,000 shares of the firm's stock in a transaction dated Wednesday, April 30th. The stock was sold at an average price of $32.14, for a total transaction of $257,120.00. Following the completion of the sale, the insider directly owned 90,387 shares of the company's stock, valued at $2,905,038.18. This trade represents a 8.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Russell E. Hutchinson purchased 8,200 shares of the stock in a transaction that occurred on Tuesday, April 22nd. The stock was purchased at an average cost of $30.81 per share, with a total value of $252,642.00. Following the purchase, the chief financial officer owned 236,421 shares in the company, valued at $7,284,131.01. This represents a 3.59% increase in their position. The disclosure for this purchase can be found here. Insiders own 0.67% of the company's stock.

Wall Street Analyst Weigh In

ALLY has been the subject of several research analyst reports. The Goldman Sachs Group upped their price objective on Ally Financial from $45.00 to $50.00 and gave the company a "buy" rating in a report on Tuesday, April 1st. JPMorgan Chase & Co. lowered their target price on Ally Financial from $43.00 to $36.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Wells Fargo & Company cut their price target on shares of Ally Financial from $34.00 to $32.00 and set an "underweight" rating for the company in a report on Monday, April 21st. Citigroup raised their price objective on shares of Ally Financial from $55.00 to $59.00 and gave the company a "buy" rating in a research report on Wednesday. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $40.00 target price on shares of Ally Financial in a report on Monday, April 21st. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Ally Financial presently has a consensus rating of "Hold" and a consensus price target of $41.60.

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.