Capula Management Ltd Makes New Investment in Ally Financial Inc. (NYSE:ALLY)

Capula Management Ltd bought a new stake in shares of Ally Financial Inc. (NYSE:ALLY - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 9,169 shares of the financial services provider's stock, valued at approximately $330,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Oak Thistle LLC bought a new stake in Ally Financial during the fourth quarter worth about $1,112,000. State Street Corp grew its stake in shares of Ally Financial by 0.5% in the 3rd quarter. State Street Corp now owns 10,704,719 shares of the financial services provider's stock worth $380,981,000 after buying an additional 51,426 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new position in Ally Financial during the 4th quarter valued at approximately $461,000. Franklin Resources Inc. raised its stake in Ally Financial by 184.7% during the third quarter. Franklin Resources Inc. now owns 532,090 shares of the financial services provider's stock valued at $19,044,000 after buying an additional 345,210 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its holdings in Ally Financial by 11.6% in the fourth quarter. New York State Common Retirement Fund now owns 189,643 shares of the financial services provider's stock worth $6,829,000 after acquiring an additional 19,785 shares in the last quarter. 88.76% of the stock is owned by hedge funds and other institutional investors.

Ally Financial Stock Performance

ALLY stock traded down $0.23 during midday trading on Friday, reaching $31.76. 6,337,031 shares of the company's stock traded hands, compared to its average volume of 3,525,643. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.51. Ally Financial Inc. has a 52-week low of $29.52 and a 52-week high of $45.46. The stock has a market cap of $9.76 billion, a P/E ratio of 12.22, a PEG ratio of 0.32 and a beta of 1.12. The stock's 50-day moving average is $35.75 and its 200 day moving average is $36.30.

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

Ally Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.78%. Ally Financial's payout ratio is currently 46.15%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ALLY shares. Compass Point upgraded Ally Financial from a "neutral" rating to a "buy" rating and raised their price target for the company from $37.00 to $41.00 in a report on Monday, April 7th. Barclays raised 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 note on Monday, January 6th. Morgan Stanley lifted their target price on shares of Ally Financial from $41.00 to $45.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. 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. Finally, StockNews.com lowered shares of Ally Financial from a "buy" rating to a "hold" rating in a report on Thursday, January 23rd. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $42.41.

Insider Activity at Ally Financial

In other Ally Financial news, CEO Michael George Rhodes purchased 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, for a total transaction of $1,002,033.06. Following the purchase, the chief executive officer now directly owns 25,634 shares of the company's stock, valued at $1,002,033.06. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Russell E. Hutchinson bought 19,100 shares of the company's stock in a transaction that occurred on Friday, January 24th. The shares were bought at an average price of $39.45 per share, with a total value of $753,495.00. Following the transaction, the chief financial officer now owns 202,845 shares of the company's stock, valued at $8,002,235.25. The trade was a 10.39 % increase in their position. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by corporate insiders.

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.