Ally Financial Inc. (NYSE:ALLY) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lowered its stake in Ally Financial Inc. (NYSE:ALLY - Free Report) by 32.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,091,675 shares of the financial services provider's stock after selling 523,988 shares during the period. Robeco Institutional Asset Management B.V. owned 0.36% of Ally Financial worth $39,311,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. CIBC Asset Management Inc raised its position in Ally Financial by 1.9% during the 3rd quarter. CIBC Asset Management Inc now owns 15,638 shares of the financial services provider's stock worth $557,000 after buying an additional 293 shares during the last quarter. Maverick Capital Ltd. raised its holdings in shares of Ally Financial by 1.2% during the third quarter. Maverick Capital Ltd. now owns 26,120 shares of the financial services provider's stock worth $930,000 after purchasing an additional 299 shares during the last quarter. Blue Trust Inc. lifted its position in Ally Financial by 8.2% during the third quarter. Blue Trust Inc. now owns 4,660 shares of the financial services provider's stock valued at $166,000 after purchasing an additional 352 shares during the period. Allworth Financial LP boosted its holdings in Ally Financial by 41.9% in the third quarter. Allworth Financial LP now owns 1,426 shares of the financial services provider's stock valued at $51,000 after purchasing an additional 421 shares during the last quarter. Finally, Venturi Wealth Management LLC grew its position in Ally Financial by 153.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 952 shares of the financial services provider's stock worth $34,000 after purchasing an additional 577 shares during the period. 88.76% of the stock is currently owned by institutional investors and hedge funds.

Ally Financial Price Performance

ALLY stock traded down $0.95 during midday trading on Monday, reaching $38.02. The stock had a trading volume of 2,015,511 shares, compared to its average volume of 3,895,598. Ally Financial Inc. has a 52-week low of $31.95 and a 52-week high of $45.46. The company has a market cap of $11.58 billion, a price-to-earnings ratio of 14.63, a price-to-earnings-growth ratio of 0.43 and a beta of 1.44. The company's fifty day simple moving average is $37.34 and its 200 day simple moving average is $37.75. 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 (NYSE:ALLY - Get Free Report) last posted its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.78 earnings per share for the quarter, topping analysts' consensus estimates of $0.57 by $0.21. Ally Financial had a net margin of 11.29% and a return on equity of 9.31%. The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same period in the previous year, the business posted $0.45 earnings per share. Ally Financial's quarterly revenue was up 3.6% on a year-over-year basis. As a group, sell-side analysts predict that Ally Financial Inc. will post 3.7 earnings per share for the current fiscal year.

Ally Financial Announces Dividend

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

Insider Buying and Selling at Ally Financial

In related 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 completion of the transaction, the chief executive officer now directly owns 25,634 shares in the company, valued at approximately $1,002,033.06. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Russell E. Hutchinson acquired 19,100 shares of the firm's stock in a transaction dated 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 completion of the acquisition, the chief financial officer now 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. 0.67% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

ALLY has been the subject of several analyst reports. Barclays boosted their price objective on Ally Financial from $36.00 to $44.00 and gave the company an "equal weight" rating in a report on Monday, January 6th. Evercore ISI lowered their price objective on Ally Financial from $47.00 to $38.00 and set an "in-line" rating on the stock in a research report on Monday, October 7th. Jefferies Financial Group lifted their target price 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. Wells Fargo & Company boosted their target price on shares of Ally Financial from $32.00 to $34.00 and gave the company an "underweight" rating in a research note on Thursday, January 23rd. Finally, StockNews.com lowered shares of Ally Financial from a "buy" rating to a "hold" rating in a research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $43.76.

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.