Ally Financial Inc. (NYSE:ALLY) Shares Bought by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. raised its position in shares of Ally Financial Inc. (NYSE:ALLY - Free Report) by 33.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 84,000 shares of the financial services provider's stock after purchasing an additional 21,000 shares during the quarter. Ally Financial accounts for 0.9% of Hussman Strategic Advisors Inc.'s portfolio, making the stock its 18th largest position. Hussman Strategic Advisors Inc.'s holdings in Ally Financial were worth $3,025,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ALLY. State Street Corp raised 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 worth $380,981,000 after purchasing an additional 51,426 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Ally Financial by 233.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 2,430,128 shares of the financial services provider's stock worth $87,509,000 after purchasing an additional 1,701,264 shares during the period. Jacobs Levy Equity Management Inc. raised its stake in shares of Ally Financial by 217.0% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 2,283,214 shares of the financial services provider's stock valued at $81,260,000 after buying an additional 1,563,008 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Ally Financial by 19.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,106,589 shares of the financial services provider's stock valued at $74,974,000 after buying an additional 344,543 shares during the period. Finally, Jennison Associates LLC boosted its stake in shares of Ally Financial by 4.7% in the third quarter. Jennison Associates LLC now owns 1,672,812 shares of the financial services provider's stock worth $59,535,000 after buying an additional 75,080 shares during the last quarter. 88.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ALLY shares. Wells Fargo & Company lifted their price target on Ally Financial from $32.00 to $34.00 and gave the company an "underweight" rating in a research report on Thursday, January 23rd. Barclays lifted their target price on shares of Ally Financial from $36.00 to $44.00 and gave the company an "equal weight" rating in a report on Monday, January 6th. Jefferies Financial Group increased their price target on shares of Ally Financial from $35.00 to $40.00 and gave the stock a "hold" rating in a report on Thursday, January 23rd. Citigroup raised their price target on shares of Ally Financial from $50.00 to $55.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Finally, Morgan Stanley upped their price objective on shares of Ally Financial from $41.00 to $45.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $43.76.

Ally Financial Trading Down 3.6 %

Shares of Ally Financial stock traded down $1.41 during mid-day trading on Friday, hitting $37.51. The stock had a trading volume of 2,622,727 shares, compared to its average volume of 3,601,733. The firm has a 50-day moving average of $37.17 and a two-hundred day moving average of $37.37. The firm has a market cap of $11.43 billion, a P/E ratio of 14.43, a price-to-earnings-growth ratio of 0.34 and a beta of 1.45. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.51. Ally Financial Inc. has a 12-month low of $31.95 and a 12-month high of $45.46.

Ally Financial (NYSE:ALLY - Get Free Report) last issued 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. The company 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%. The firm's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.45 earnings per share. Sell-side analysts forecast that Ally Financial Inc. will post 3.57 earnings per share for the current year.

Ally Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date was Friday, January 31st. Ally Financial's dividend payout ratio is presently 46.15%.

Insider Buying and Selling at Ally Financial

In other news, CFO Russell E. Hutchinson bought 19,100 shares of the company's stock in a transaction 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 transaction, the chief financial officer now directly owns 202,845 shares in the company, valued at $8,002,235.25. The trade was a 10.39 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael George Rhodes acquired 25,634 shares of the company's stock in a transaction on Monday, January 27th. The shares were purchased at an average cost of $39.09 per share, for a total transaction of $1,002,033.06. Following the acquisition, the chief executive officer now owns 25,634 shares of the company's stock, valued at approximately $1,002,033.06. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.67% of the company's stock.

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.