Ally Financial Inc. (NYSE:ALLY) Stock Holdings Lifted by Bruni J V & Co. Co.

Bruni J V & Co. Co. increased its stake in Ally Financial Inc. (NYSE:ALLY) by 0.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 930,900 shares of the financial services provider’s stock after acquiring an additional 2,302 shares during the quarter. Ally Financial makes up about 4.0% of Bruni J V & Co. Co.’s portfolio, making the stock its 10th biggest holding. Bruni J V & Co. Co. owned 0.31% of Ally Financial worth $32,507,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. AE Wealth Management LLC acquired a new stake in shares of Ally Financial in the third quarter worth approximately $368,000. SG Americas Securities LLC raised its position in shares of Ally Financial by 53.1% in the third quarter. SG Americas Securities LLC now owns 43,178 shares of the financial services provider’s stock valued at $1,152,000 after buying an additional 14,972 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in shares of Ally Financial in the third quarter worth about $860,000. Denali Advisors LLC boosted its position in Ally Financial by 68.6% during the third quarter. Denali Advisors LLC now owns 1,897 shares of the financial services provider’s stock worth $51,000 after acquiring an additional 772 shares during the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in Ally Financial in the 3rd quarter valued at about $454,000. 88.76% of the stock is currently owned by institutional investors and hedge funds.

Ally Financial Stock Up 0.4 %

Shares of NYSE:ALLY traded up $0.16 during trading on Friday, hitting $39.30. The company’s stock had a trading volume of 2,147,774 shares, compared to its average volume of 3,627,179. The business has a 50 day moving average price of $38.04 and a two-hundred day moving average price of $33.47. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.92 and a current ratio of 0.92. Ally Financial Inc. has a fifty-two week low of $22.54 and a fifty-two week high of $41.56. The company has a market capitalization of $11.95 billion, a PE ratio of 16.04, a P/E/G ratio of 0.57 and a beta of 1.40.

Ally Financial (NYSE:ALLY) last announced its quarterly earnings results on Thursday, April 18th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.12. The firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.96 billion. Ally Financial had a return on equity of 8.35% and a net margin of 10.59%. The firm’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.82 earnings per share. As a group, research analysts expect that Ally Financial Inc. will post 2.99 EPS for the current fiscal year.

Ally Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 1st will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend is Tuesday, April 30th. Ally Financial’s payout ratio is 48.98%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ALLY. Evercore ISI upped their price target on Ally Financial from $41.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, March 28th. Barclays lifted their price target on Ally Financial from $32.00 to $43.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 2nd. JPMorgan Chase & Co. lowered shares of Ally Financial from a “neutral” rating to an “underweight” rating and upped their price objective for the company from $37.00 to $39.00 in a report on Wednesday, April 3rd. StockNews.com raised shares of Ally Financial from a “sell” rating to a “hold” rating in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Ally Financial in a research report on Wednesday, January 10th. They set a “buy” rating and a $47.00 price target on the stock. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $38.47.

About Ally Financial

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.