ANTIPODES PARTNERS Ltd Has $106.46 Million Stock Holdings in Ally Financial Inc. (NYSE:ALLY)

ANTIPODES PARTNERS Ltd boosted its holdings in Ally Financial Inc. (NYSE:ALLY - Free Report) by 75.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,956,037 shares of the financial services provider's stock after purchasing an additional 1,272,853 shares during the quarter. Ally Financial comprises 3.7% of ANTIPODES PARTNERS Ltd's portfolio, making the stock its 8th largest position. ANTIPODES PARTNERS Ltd owned approximately 0.97% of Ally Financial worth $106,455,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Oak Thistle LLC purchased a new stake in shares of Ally Financial during the fourth quarter valued at approximately $1,112,000. Point72 Asset Management L.P. purchased a new stake in shares of Ally Financial during the third quarter valued at approximately $21,571,000. State Street Corp grew its holdings in shares of Ally Financial by 0.5% during the third quarter. State Street Corp now owns 10,704,719 shares of the financial services provider's stock valued at $380,981,000 after buying an additional 51,426 shares during the last quarter. 140 Summer Partners LP purchased a new stake in shares of Ally Financial during the third quarter valued at approximately $19,140,000. Finally, Quantbot Technologies LP purchased a new stake in shares of Ally Financial during the third quarter valued at approximately $4,130,000. Hedge funds and other institutional investors own 88.76% of the company's stock.

Insider Activity at Ally Financial

In related news, CFO Russell E. Hutchinson bought 19,100 shares of the business's stock in a transaction that occurred on Friday, January 24th. The stock was bought at an average cost of $39.45 per share, with a total value of $753,495.00. Following the completion of the purchase, the chief financial officer now owns 202,845 shares of the company's stock, valued at approximately $8,002,235.25. The trade was a 10.39 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Michael George Rhodes acquired 25,634 shares of the company's stock in a transaction on Monday, January 27th. The stock was acquired at an average cost of $39.09 per share, with a total value of $1,002,033.06. Following the completion of the purchase, the chief executive officer now directly owns 25,634 shares in the company, valued at approximately $1,002,033.06. This represents a ∞ 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 corporate insiders.

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Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on ALLY shares. Jefferies Financial Group increased their price target on shares of Ally Financial from $35.00 to $40.00 and gave the company a "hold" rating in a report on Thursday, January 23rd. Wolfe Research downgraded shares of Ally Financial from an "outperform" rating to a "peer perform" rating in a research report on Thursday, December 5th. Truist Financial increased their price objective on shares of Ally Financial from $42.00 to $47.00 and gave the company a "buy" rating in a research report on Tuesday, January 28th. Morgan Stanley increased their price objective on shares of Ally Financial from $41.00 to $45.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Finally, Barclays increased their price objective on shares of Ally Financial from $36.00 to $44.00 and gave the company an "equal weight" rating in a research report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $43.76.

Ally Financial Price Performance

Shares of ALLY stock traded up $1.16 on Friday, hitting $34.15. 3,095,712 shares of the stock traded hands, compared to its average volume of 3,152,192. The firm has a market cap of $10.49 billion, a price-to-earnings ratio of 13.14, a PEG ratio of 0.32 and a beta of 1.40. Ally Financial Inc. has a 52 week low of $31.95 and a 52 week high of $45.46. The firm has a 50 day simple moving average of $36.99 and a two-hundred day simple moving average of $36.70. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.93 and a quick ratio of 0.93.

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

Ally Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors 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 annualized dividend and a yield of 3.51%. Ally Financial's payout ratio is 46.15%.

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.