Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Ally Financial Inc. (NYSE:ALLY)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Ally Financial Inc. (NYSE:ALLY - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 106,348 shares of the financial services provider's stock, valued at approximately $3,830,000.

Several other hedge funds have also modified their holdings of ALLY. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of Ally Financial by 22.9% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,028 shares of the financial services provider's stock worth $469,000 after purchasing an additional 2,426 shares during the period. Asset Management Advisors LLC boosted its stake in Ally Financial by 1.5% during the fourth quarter. Asset Management Advisors LLC now owns 167,080 shares of the financial services provider's stock worth $6,017,000 after buying an additional 2,520 shares during the period. abrdn plc increased its position in Ally Financial by 0.5% during the fourth quarter. abrdn plc now owns 269,964 shares of the financial services provider's stock valued at $9,748,000 after acquiring an additional 1,454 shares during the last quarter. Econ Financial Services Corp purchased a new stake in shares of Ally Financial in the fourth quarter valued at $783,000. Finally, Private Management Group Inc. boosted its stake in shares of Ally Financial by 3.5% during the 4th quarter. Private Management Group Inc. now owns 747,194 shares of the financial services provider's stock worth $26,906,000 after purchasing an additional 25,501 shares during the period. 88.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Ally Financial

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

Ally Financial Stock Performance

ALLY stock traded up $0.47 during midday trading on Tuesday, reaching $35.71. The stock had a trading volume of 5,536,303 shares, compared to its average volume of 3,703,830. The firm has a fifty day simple moving average of $33.74 and a two-hundred day simple moving average of $35.85. Ally Financial Inc. has a 52-week low of $29.52 and a 52-week high of $45.46. 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 stock has a market cap of $10.97 billion, a PE ratio of 13.74, a P/E/G ratio of 0.32 and a beta of 1.14.

Ally Financial (NYSE:ALLY - Get Free Report) last released its 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 firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the previous year, the company posted $0.45 earnings per share. As a group, equities research analysts anticipate that Ally Financial Inc. will post 3.57 EPS for the current year.

Ally Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Thursday, May 1st were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, May 1st. This represents a $1.20 annualized dividend and a dividend yield of 3.36%. Ally Financial's dividend payout ratio (DPR) is presently 88.24%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on ALLY shares. Truist Financial dropped their target price on Ally Financial from $45.00 to $41.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Morgan Stanley dropped their price objective on Ally Financial from $45.00 to $39.00 and set an "outperform" rating on the stock in a research note 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. Royal Bank of Canada restated an "outperform" rating and set a $40.00 price objective on shares of Ally Financial in a report on Monday, April 21st. BTIG Research cut Ally Financial from a "neutral" rating to a "sell" rating and set a $30.00 target price for the company. in a report on Tuesday, March 25th. Finally, The Goldman Sachs Group raised their target price on shares of Ally Financial from $45.00 to $50.00 and gave the company a "buy" rating in a research report on Tuesday, April 1st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $41.69.

Ally Financial Company Profile

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.