Captrust Financial Advisors Increases Position in Ally Financial Inc. (NYSE:ALLY)

Captrust Financial Advisors increased its holdings in shares of Ally Financial Inc. (NYSE:ALLY) by 49.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,910 shares of the financial services provider’s stock after buying an additional 2,958 shares during the quarter. Captrust Financial Advisors’ holdings in Ally Financial were worth $321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Ally Financial by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 28,252,149 shares of the financial services provider’s stock worth $1,017,360,000 after purchasing an additional 111,231 shares during the period. Geode Capital Management LLC increased its holdings in Ally Financial by 3.9% during the 4th quarter. Geode Capital Management LLC now owns 4,895,467 shares of the financial services provider’s stock worth $175,990,000 after purchasing an additional 184,278 shares during the period. Northern Trust Corp increased its holdings in shares of Ally Financial by 28.0% in the 4th quarter. Northern Trust Corp now owns 3,941,459 shares of the financial services provider’s stock valued at $141,932,000 after acquiring an additional 863,052 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Ally Financial by 41.4% in the 4th 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. Finally, Phoenix Financial Ltd. grew 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 worth $122,077,000 after buying an additional 1,571,027 shares during the last quarter. Hedge funds and other institutional investors own 88.76% of the company’s stock.

Ally Financial Stock Performance

ALLY opened at $35.63 on Wednesday. The firm has a market cap of $10.94 billion, a PE ratio of 13.70, a P/E/G ratio of 0.32 and a beta of 1.14. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.51. The business has a fifty day simple moving average of $34.00 and a 200-day simple moving average of $35.98. Ally Financial Inc. has a fifty-two week low of $29.52 and a fifty-two week high of $45.46.

Ally Financial (NYSE:ALLY) last issued its earnings results on Thursday, April 17th. The financial services provider reported $0.58 EPS 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 business had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $2.04 billion. During the same quarter last year, the firm posted $0.45 earnings per share. As a group, equities analysts predict that Ally Financial Inc. will post 3.57 EPS for the current fiscal year.

Ally Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.37%. The ex-dividend date of this dividend was Thursday, May 1st. Ally Financial’s dividend payout ratio is currently 88.24%.

Insider Buying and Selling at Ally Financial

In other news, CFO Russell E. Hutchinson bought 8,200 shares of the business’s stock in a transaction dated Tuesday, April 22nd. The stock was bought at an average price of $30.81 per share, for a total transaction of $252,642.00. Following the completion of the purchase, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Stephanie N. Richard sold 8,000 shares of the company’s stock in a transaction on Wednesday, April 30th. The shares were sold at an average price of $32.14, for a total transaction of $257,120.00. Following the sale, the insider now owns 90,387 shares of the company’s stock, valued at $2,905,038.18. The trade was a 8.13% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research 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 research note on Tuesday, April 22nd. BTIG Research downgraded Ally Financial from a “neutral” rating to a “sell” rating and set a $30.00 price objective for the company. in a research report on Tuesday, March 25th. Jefferies Financial Group boosted their price target on Ally Financial from $35.00 to $40.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. cut their price target on Ally Financial from $43.00 to $36.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. Finally, Morgan Stanley cut 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. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the company. According to MarketBeat, Ally Financial currently has a consensus rating of “Hold” and a consensus 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.