230,681 Shares in Ally Financial Inc. (NYSE:ALLY) Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC bought a new stake in shares of Ally Financial Inc. (NYSE:ALLY - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 230,681 shares of the financial services provider's stock, valued at approximately $8,307,000. Susquehanna Fundamental Investments LLC owned 0.08% of Ally Financial as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Ally Financial Trading Down 1.0 %

ALLY stock traded down $0.32 during mid-day trading on Thursday, reaching $32.34. The company had a trading volume of 2,513,219 shares, compared to its average volume of 3,536,546. The firm has a 50 day moving average of $34.19 and a 200 day moving average of $36.03. 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 Inc. has a 12 month low of $29.52 and a 12 month high of $45.46. The company has a market capitalization of $9.93 billion, a PE ratio of 12.44, a price-to-earnings-growth ratio of 0.32 and a beta of 1.12.

Ally Financial (NYSE:ALLY - Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $2.04 billion. Ally Financial had a net margin of 11.29% and a return on equity of 9.31%. During the same quarter in the previous year, the firm posted $0.45 earnings per share. On average, equities analysts predict that Ally Financial Inc. will post 3.57 earnings per share for the current fiscal year.

Ally Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be paid a $0.30 dividend. The ex-dividend date is Thursday, May 1st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.71%. Ally Financial's payout ratio is currently 88.24%.

Insider Buying and Selling

In other Ally Financial news, insider Stephanie N. Richard sold 8,000 shares of the firm's stock in a transaction on Wednesday, April 30th. The stock was sold at an average price of $32.14, for a total value of $257,120.00. Following the transaction, the insider now owns 90,387 shares in the company, valued at approximately $2,905,038.18. This trade represents a 8.13 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Russell E. Hutchinson purchased 8,200 shares of the business's stock in a transaction that occurred on Tuesday, April 22nd. The stock was bought at an average cost of $30.81 per share, with a total value of $252,642.00. Following the acquisition, the chief financial officer now owns 236,421 shares of the company's stock, 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 corporate insiders.

Analysts Set New Price Targets

ALLY has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their target price on shares of Ally Financial from $43.00 to $36.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. StockNews.com lowered shares of Ally Financial from a "buy" rating to a "hold" rating in a research report on Thursday, January 23rd. The Goldman Sachs Group increased their target price 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. Morgan Stanley dropped their price target on shares of Ally Financial from $45.00 to $39.00 and set an "outperform" rating for the company 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. Finally, Barclays lifted their target price on shares of Ally Financial from $36.00 to $44.00 and gave the company an "equal weight" rating in a research note on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target 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.