Ally Financial Inc. (NYSE:ALLY) Shares Sold by Shell Asset Management Co.

Shell Asset Management Co. decreased its holdings in Ally Financial Inc. (NYSE:ALLY) by 59.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,972 shares of the financial services provider’s stock after selling 21,883 shares during the quarter. Shell Asset Management Co.’s holdings in Ally Financial were worth $539,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of ALLY. Vanguard Group Inc. grew its holdings in Ally Financial by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 28,252,149 shares of the financial services provider’s stock valued at $1,017,360,000 after purchasing an additional 111,231 shares during the last quarter. Geode Capital Management LLC grew its holdings in Ally Financial by 3.9% in the fourth quarter. Geode Capital Management LLC now owns 4,895,467 shares of the financial services provider’s stock valued at $175,990,000 after purchasing an additional 184,278 shares during the last quarter. First Manhattan CO. LLC. grew its holdings in Ally Financial by 4.8% in the fourth quarter. First Manhattan CO. LLC. now owns 4,226,639 shares of the financial services provider’s stock valued at $153,752,000 after purchasing an additional 192,295 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in 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 during the last quarter. Finally, Northern Trust Corp grew its holdings in Ally Financial by 28.0% in the fourth quarter. Northern Trust Corp now owns 3,941,459 shares of the financial services provider’s stock valued at $141,932,000 after purchasing an additional 863,052 shares during the last quarter. Hedge funds and other institutional investors own 88.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on ALLY shares. Truist Financial lowered their target price on Ally Financial from $45.00 to $41.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. Morgan Stanley lowered their target price on Ally Financial from $45.00 to $39.00 and set an “outperform” rating on the stock 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. Bank of America lowered their target price on Ally Financial from $42.00 to $38.00 and set a “buy” rating on the stock in a report on Monday, April 7th. Wells Fargo & Company reduced their price objective on Ally Financial from $34.00 to $32.00 and set an “underweight” rating on the stock in a research report on Monday, April 21st. Finally, BTIG Research downgraded Ally Financial from a “neutral” rating to a “sell” rating and set a $30.00 price objective on the stock. in a research report on Tuesday, March 25th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $41.69.

Ally Financial Stock Performance

NYSE ALLY opened at $36.03 on Monday. The business’s 50-day moving average price is $33.91 and its 200 day moving average price is $35.98. Ally Financial Inc. has a twelve month low of $29.52 and a twelve month high of $45.46. The company has a market capitalization of $11.07 billion, a PE ratio of 13.86, a price-to-earnings-growth ratio of 0.32 and a beta of 1.14. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.51.

Ally Financial (NYSE:ALLY) last released its earnings results on Thursday, April 17th. The financial services provider reported $0.58 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the prior year, the business posted $0.45 earnings per share. On average, research analysts predict that Ally Financial Inc. will post 3.57 earnings per share for the current year.

Ally Financial Dividend Announcement

The firm also recently announced 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 annualized dividend and a yield of 3.33%. Ally Financial’s dividend payout ratio (DPR) is presently 88.24%.

Insider Buying and Selling

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 value of $257,120.00. Following the transaction, the insider now directly owns 90,387 shares in the company, 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 SEC, which is available through this hyperlink. Also, CFO Russell E. Hutchinson acquired 8,200 shares of the business’s stock in a transaction dated Tuesday, April 22nd. The stock was purchased at an average price of $30.81 per share, for a total transaction of $252,642.00. Following the completion of the acquisition, the chief financial officer now owns 236,421 shares in the company, valued at approximately $7,284,131.01. This trade represents a 3.59% 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 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.