Boston Partners increased its holdings in Ally Financial Inc (NYSE:ALLY) by 32.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 420,156 shares of the financial services provider’s stock after purchasing an additional 102,031 shares during the period. Boston Partners’ holdings in Ally Financial were worth $12,252,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of ALLY. State Treasurer State of Michigan boosted its holdings in Ally Financial by 163.0% in the third quarter. State Treasurer State of Michigan now owns 3,762,933 shares of the financial services provider’s stock worth $91,289,000 after purchasing an additional 2,331,967 shares in the last quarter. King Street Capital Management L.P. boosted its holdings in Ally Financial by 40.5% in the third quarter. King Street Capital Management L.P. now owns 6,933,000 shares of the financial services provider’s stock worth $168,195,000 after purchasing an additional 2,000,000 shares in the last quarter. LSV Asset Management boosted its holdings in Ally Financial by 761.4% in the fourth quarter. LSV Asset Management now owns 1,533,241 shares of the financial services provider’s stock worth $44,709,000 after purchasing an additional 1,355,241 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Ally Financial by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 18,536,031 shares of the financial services provider’s stock worth $442,825,000 after purchasing an additional 1,251,678 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in Ally Financial by 1,716.6% in the second quarter. Janus Henderson Group PLC now owns 1,176,263 shares of the financial services provider’s stock worth $24,584,000 after purchasing an additional 1,111,513 shares in the last quarter.

A number of equities research analysts recently issued reports on the stock. Oppenheimer set a $38.00 price objective on shares of Ally Financial and gave the stock a “buy” rating in a report on Tuesday, January 30th. BMO Capital Markets cut shares of Ally Financial from an “outperform” rating to a “market perform” rating and set a $32.00 price objective for the company. in a report on Wednesday, January 31st. Wells Fargo & Co reiterated an “outperform” rating and issued a $35.00 price objective (up from $30.00) on shares of Ally Financial in a report on Wednesday, January 31st. Morgan Stanley upped their price objective on shares of Ally Financial from $28.00 to $34.00 and gave the stock an “overweight” rating in a report on Wednesday, January 31st. Finally, Credit Suisse Group upped their price objective on shares of Ally Financial from $32.00 to $34.00 and gave the stock an “outperform” rating in a report on Wednesday, January 31st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $32.56.

Ally Financial Inc (NYSE ALLY) opened at $27.57 on Friday. The firm has a market cap of $12,190.00, a price-to-earnings ratio of 13.58, a price-to-earnings-growth ratio of 0.75 and a beta of 1.39. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 3.32. Ally Financial Inc has a 52-week low of $18.11 and a 52-week high of $31.29.

Ally Financial (NYSE:ALLY) last announced its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $0.70 EPS for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.11. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.43 billion. Ally Financial had a net margin of 13.73% and a return on equity of 8.10%. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.54 earnings per share. equities analysts expect that Ally Financial Inc will post 2.98 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Wednesday, January 31st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.89%. This is a positive change from Ally Financial’s previous quarterly dividend of $0.12. Ally Financial’s dividend payout ratio is currently 25.62%.

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Ally Financial Profile

Ally Financial Inc is a digital financial services company. The Company is a bank and financial holding company. Its segments include Automotive Finance operations, Insurance operations, Mortgage Finance operations, Corporate Finance operations, and Corporate and Other. The Automotive Finance operations segment provides the United States-based automotive financing services to consumers and automotive dealers, and automotive and equipment financing services to companies and municipalities.

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Institutional Ownership by Quarter for Ally Financial (NYSE:ALLY)

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