6,600 Shares in Ally Financial Inc. (NYSE:ALLY) Acquired by GFS Advisors LLC

GFS Advisors LLC purchased a new position in shares of Ally Financial Inc. (NYSE:ALLY - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,600 shares of the financial services provider's stock, valued at approximately $238,000.

Several other large investors have also recently made changes to their positions in ALLY. Venturi Wealth Management LLC raised its stake in shares of Ally Financial by 153.9% during the third quarter. Venturi Wealth Management LLC now owns 952 shares of the financial services provider's stock worth $34,000 after acquiring an additional 577 shares in the last quarter. Allworth Financial LP increased its stake in shares of Ally Financial by 41.9% in the third quarter. Allworth Financial LP now owns 1,426 shares of the financial services provider's stock worth $51,000 after buying an additional 421 shares during the period. UMB Bank n.a. increased its stake in shares of Ally Financial by 218.8% in the fourth quarter. UMB Bank n.a. now owns 1,546 shares of the financial services provider's stock worth $56,000 after buying an additional 1,061 shares during the period. Quarry LP increased its stake in shares of Ally Financial by 311.4% in the second quarter. Quarry LP now owns 1,510 shares of the financial services provider's stock worth $60,000 after buying an additional 1,143 shares during the period. Finally, Brooklyn Investment Group purchased a new position in shares of Ally Financial in the third quarter worth $63,000. 88.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ally Financial

In other Ally Financial news, CEO Michael George Rhodes purchased 25,634 shares of Ally Financial stock in a transaction dated Monday, January 27th. The stock was purchased at an average price of $39.09 per share, with a total value of $1,002,033.06. Following the transaction, 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 ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Russell E. Hutchinson purchased 19,100 shares of Ally Financial stock in a transaction dated Friday, January 24th. The shares were acquired at an average cost of $39.45 per share, with a total value 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 ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.67% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on the stock. The Goldman Sachs Group lifted their target price on shares of Ally Financial from $42.00 to $48.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Truist Financial lifted their target price on shares of Ally Financial from $42.00 to $47.00 and gave the stock a "buy" rating in a research note on Tuesday, January 28th. 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 research note on Thursday, January 23rd. Barclays boosted 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. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Ally Financial from $40.00 to $43.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $43.76.

Ally Financial Stock Down 0.2 %

Ally Financial stock traded down $0.08 during mid-day trading on Tuesday, reaching $38.03. The stock had a trading volume of 1,225,808 shares, compared to its average volume of 3,900,357. The company has a market capitalization of $11.59 billion, a price-to-earnings ratio of 14.62, a PEG ratio of 0.43 and a beta of 1.45. The company has a 50-day moving average price of $37.33 and a two-hundred day moving average price of $37.72. Ally Financial Inc. has a one year low of $31.95 and a one year high of $45.46. 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 results on Wednesday, January 22nd. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.21. The company had revenue of $2.09 billion for the quarter, compared to analysts' expectations of $2.02 billion. Ally Financial had a net margin of 11.29% and a return on equity of 9.31%. Ally Financial's revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.45 EPS. On average, analysts expect that Ally Financial Inc. will post 3.7 EPS for the current fiscal year.

Ally Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.16%. The ex-dividend date of this dividend is Friday, January 31st. Ally Financial's dividend payout ratio is currently 46.15%.

Ally Financial Company 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.