10,200 Shares in Ally Financial Inc. (NYSE:ALLY) Bought by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC purchased a new stake in Ally Financial Inc. (NYSE:ALLY - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,200 shares of the financial services provider's stock, valued at approximately $367,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Principal Securities Inc. grew its holdings in shares of 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 buying an additional 496 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Ally Financial in the fourth quarter valued at approximately $43,000. UMB Bank n.a. boosted its holdings in Ally Financial by 218.8% during the fourth quarter. UMB Bank n.a. now owns 1,546 shares of the financial services provider's stock worth $56,000 after purchasing an additional 1,061 shares during the last quarter. Harbour Investments Inc. grew its position in Ally Financial by 38.5% in the fourth quarter. Harbour Investments Inc. now owns 2,142 shares of the financial services provider's stock valued at $77,000 after purchasing an additional 595 shares in the last quarter. Finally, Van ECK Associates Corp acquired a new stake in Ally Financial in the 4th quarter valued at $85,000. Institutional investors and hedge funds own 88.76% of the company's stock.

Ally Financial Price Performance

NYSE:ALLY traded down $2.20 during mid-day trading on Thursday, reaching $31.53. The stock had a trading volume of 1,265,316 shares, compared to its average volume of 3,504,503. Ally Financial Inc. has a 12 month low of $29.52 and a 12 month high of $45.46. The stock has a market capitalization of $9.69 billion, a PE ratio of 12.20, a P/E/G 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. The stock has a 50-day simple moving average of $36.00 and a two-hundred day simple moving average of $36.32.

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Ally Financial (NYSE:ALLY - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.21. Ally Financial had a return on equity of 9.31% and a net margin of 11.29%. The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the prior year, the company earned $0.45 EPS. Ally Financial's revenue for the quarter was up 3.6% on a year-over-year basis. On average, equities analysts anticipate that Ally Financial Inc. will post 3.57 earnings per share for the current year.

Ally Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were paid a dividend of $0.30 per share. The ex-dividend date was Friday, January 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.81%. Ally Financial's payout ratio is presently 46.15%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on ALLY shares. Jefferies Financial Group raised their price objective on Ally Financial from $35.00 to $40.00 and gave the company a "hold" rating in a report on Thursday, January 23rd. Morgan Stanley upped their price objective on Ally Financial from $41.00 to $45.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. The Goldman Sachs Group boosted their target price on shares of Ally Financial from $45.00 to $50.00 and gave the stock a "buy" rating in a report on Tuesday, April 1st. Bank of America cut their target price on shares of Ally Financial from $42.00 to $38.00 and set a "buy" rating for the company in a research note on Monday. Finally, Royal Bank of Canada upped their price objective on Ally Financial from $41.00 to $45.00 and gave the company an "outperform" rating in a research note on Thursday, January 23rd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $42.41.

Insider Transactions at Ally Financial

In related news, CEO Michael George Rhodes acquired 25,634 shares of the firm's stock in a transaction that occurred on Monday, January 27th. The stock was acquired at an average cost of $39.09 per share, for a total transaction of $1,002,033.06. Following the completion of the acquisition, the chief executive officer now directly owns 25,634 shares of the company's stock, valued at approximately $1,002,033.06. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Russell E. Hutchinson purchased 19,100 shares of Ally Financial stock in a transaction on Friday, January 24th. The stock was bought at an average price of $39.45 per share, for a total transaction of $753,495.00. Following the transaction, the chief financial officer now directly owns 202,845 shares in the company, valued at approximately $8,002,235.25. The trade was a 10.39 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.56% of the company's stock.

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.