Nebula Research & Development LLC Invests $1.07 Million in Ally Financial Inc. (NYSE:ALLY)

Nebula Research & Development LLC bought a new stake in Ally Financial Inc. (NYSE:ALLY) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 29,797 shares of the financial services provider’s stock, valued at approximately $1,073,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ALLY. Meiji Yasuda Asset Management Co Ltd. lifted its position in shares of Ally Financial by 2.1% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 15,332 shares of the financial services provider’s stock worth $552,000 after purchasing an additional 320 shares during the last quarter. Waterfront Wealth Inc. raised its position in shares of Ally Financial by 0.8% during the 4th quarter. Waterfront Wealth Inc. now owns 50,924 shares of the financial services provider’s stock worth $1,834,000 after acquiring an additional 389 shares in the last quarter. Principal Securities Inc. lifted its stake in Ally Financial by 89.4% during the fourth quarter. Principal Securities Inc. now owns 1,051 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 496 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Ally Financial by 2.4% in the fourth quarter. Daiwa Securities Group Inc. now owns 21,409 shares of the financial services provider’s stock valued at $771,000 after purchasing an additional 500 shares during the last quarter. Finally, Harbour Investments Inc. raised its holdings in Ally Financial by 38.5% during the fourth quarter. Harbour Investments Inc. now owns 2,142 shares of the financial services provider’s stock worth $77,000 after purchasing an additional 595 shares in the last quarter. Institutional investors and hedge funds own 88.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Morgan Stanley lowered their target price on shares of Ally Financial from $45.00 to $39.00 and set an “outperform” rating for the company in a 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. Truist Financial dropped their price objective on Ally Financial from $45.00 to $41.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. JPMorgan Chase & Co. reduced their target price on Ally Financial from $43.00 to $36.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. StockNews.com downgraded Ally Financial from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $40.00 price objective on shares of Ally Financial in a research note on Monday, April 21st. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $41.69.

Insider Activity at Ally Financial

In other news, CFO Russell E. Hutchinson bought 8,200 shares of the stock in a transaction 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 acquisition, the chief financial officer now owns 236,421 shares of the company’s stock, valued at approximately $7,284,131.01. This trade represents a 3.59 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Michael George Rhodes purchased 25,634 shares of the business’s stock in a transaction dated Monday, January 27th. The shares were purchased at an average cost of $39.09 per share, with a total value of $1,002,033.06. Following the purchase, the chief executive officer now directly owns 25,634 shares in the company, valued at approximately $1,002,033.06. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by company insiders.

Ally Financial Stock Down 0.7 %

Ally Financial stock opened at $32.95 on Friday. The stock’s 50 day moving average price is $34.52 and its 200 day moving average price is $36.08. The company has a market cap of $10.12 billion, a PE ratio of 12.67, a price-to-earnings-growth ratio of 0.32 and a beta of 1.12. 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 1-year low of $29.52 and a 1-year high of $45.46.

Ally Financial (NYSE:ALLY) last announced its quarterly earnings results on Thursday, April 17th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.15. The business 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 last year, the firm posted $0.45 EPS. On average, sell-side analysts predict that Ally Financial Inc. will post 3.57 EPS for the current fiscal year.

Ally Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date is Thursday, May 1st. Ally Financial’s dividend payout ratio is currently 88.24%.

Ally Financial 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.