Universal Beteiligungs und Servicegesellschaft mbH Sells 44,542 Shares of Ally Financial Inc. (NYSE:ALLY)

Universal Beteiligungs und Servicegesellschaft mbH lowered its position in Ally Financial Inc. (NYSE:ALLY - Free Report) by 41.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 61,806 shares of the financial services provider's stock after selling 44,542 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Ally Financial were worth $2,254,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ALLY. Norges Bank bought a new position in shares of Ally Financial in the fourth quarter valued at approximately $75,483,000. Jacobs Levy Equity Management Inc. lifted its holdings in shares of Ally Financial by 84.0% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 4,202,179 shares of the financial services provider's stock valued at $151,320,000 after purchasing an additional 1,918,965 shares in the last quarter. Phoenix Financial Ltd. lifted its holdings 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. Janus Henderson Group PLC lifted its holdings in shares of Ally Financial by 6,226.4% in the fourth quarter. Janus Henderson Group PLC now owns 1,368,654 shares of the financial services provider's stock valued at $49,285,000 after purchasing an additional 1,347,020 shares in the last quarter. Finally, First Trust Advisors LP increased its position in shares of 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 acquiring an additional 1,011,985 shares during the last quarter. Institutional investors own 88.76% of the company's stock.

Ally Financial Stock Performance

Shares of Ally Financial stock traded down $0.40 during trading hours on Thursday, reaching $37.86. The company had a trading volume of 2,625,231 shares, compared to its average volume of 3,228,841. The firm has a market cap of $11.63 billion, a PE ratio of 24.58, a price-to-earnings-growth ratio of 0.30 and a beta of 1.15. Ally Financial Inc. has a one year low of $29.52 and a one year high of $45.46. The business has a fifty day simple moving average of $37.80 and a 200 day simple moving average of $36.29. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.92 and a quick ratio of 0.92.

Ally Financial (NYSE:ALLY - Get Free Report) last posted its quarterly earnings data on Friday, July 18th. The financial services provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.21. The company had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.03 billion. Ally Financial had a return on equity of 9.48% and a net margin of 7.64%. The firm's quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the company earned $0.97 earnings per share. On average, analysts anticipate that Ally Financial Inc. will post 3.57 earnings per share for the current fiscal year.

Ally Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 1st will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, August 1st. This represents a $1.20 annualized dividend and a yield of 3.2%. Ally Financial's payout ratio is 77.92%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. BTIG Research raised Ally Financial from a "sell" rating to a "neutral" rating in a research report on Monday, July 14th. Wells Fargo & Company decreased their price target on Ally Financial from $34.00 to $32.00 and set an "underweight" rating for the company in a research report on Monday, April 21st. Bank of America decreased their price target on Ally Financial from $42.00 to $38.00 and set a "buy" rating for the company in a research report on Monday, April 7th. Wall Street Zen raised Ally Financial from a "sell" rating to a "hold" rating in a research report on Friday, May 23rd. Finally, Citigroup reaffirmed a "buy" rating and set a $59.00 price target (up from $55.00) on shares of Ally Financial in a research report on Wednesday, July 2nd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $42.80.

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.