Guggenheim Capital LLC Trims Stock Holdings in Ally Financial Inc. (NYSE:ALLY)

Guggenheim Capital LLC trimmed its holdings in Ally Financial Inc. (NYSE:ALLY) by 9.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,604 shares of the financial services provider’s stock after selling 831 shares during the quarter. Guggenheim Capital LLC’s holdings in Ally Financial were worth $274,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oak Thistle LLC purchased a new stake in shares of Ally Financial in the fourth quarter worth approximately $1,112,000. Wealthcare Advisory Partners LLC purchased a new stake in shares of Ally Financial in the fourth quarter worth approximately $461,000. Franklin Resources Inc. raised its holdings in shares of Ally Financial by 184.7% in the third quarter. Franklin Resources Inc. now owns 532,090 shares of the financial services provider’s stock worth $19,044,000 after buying an additional 345,210 shares during the period. New York State Common Retirement Fund raised its holdings in shares of 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 buying an additional 19,785 shares during the period. Finally, Kestra Private Wealth Services LLC raised its holdings in shares of Ally Financial by 16.1% in the fourth quarter. Kestra Private Wealth Services LLC now owns 147,933 shares of the financial services provider’s stock worth $5,327,000 after buying an additional 20,569 shares during the period. 88.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Truist Financial dropped their price objective on Ally Financial from $45.00 to $41.00 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. Barclays increased their price objective on Ally Financial from $36.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Monday, January 6th. JPMorgan Chase & Co. dropped their price objective on Ally Financial from $43.00 to $36.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. Morgan Stanley dropped their price objective on Ally Financial from $45.00 to $39.00 and set an “outperform” rating on the stock in a research note on Monday, April 7th. For consumer lenders, the Trump Administration’s hardline approach to tariffs is “difficult to ignore” and there’s clearly more downside to the group if tariffs remain near current levels. If tariffs remain in place, risks to growth would skew meaningfully to the downside and risks to inflation to the upside, adds the analyst, who is downgrading the firm’s Consumer Finance industry view to Cautious from Attractive. Finally, Wells Fargo & Company dropped their price objective on Ally Financial from $34.00 to $32.00 and set an “underweight” rating on the stock in a research note on Monday, April 21st. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, Ally Financial currently has a consensus rating of “Hold” and a consensus price target of $41.69.

Insider Buying and Selling

In other news, CFO Russell E. Hutchinson bought 8,200 shares of Ally Financial stock in a transaction that occurred on Tuesday, April 22nd. The stock was bought at an average price of $30.81 per share, for a total transaction of $252,642.00. Following the purchase, the chief financial officer now directly owns 236,421 shares of the company’s stock, valued at approximately $7,284,131.01. The trade was a 3.59 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.67% of the stock is currently owned by company insiders.

Ally Financial Stock Performance

Shares of ALLY opened at $32.95 on Monday. Ally Financial Inc. has a 12 month low of $29.52 and a 12 month high of $45.46. The stock has a fifty day moving average price of $34.52 and a 200-day moving average price of $36.09. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.51. The firm has a market cap of $10.12 billion, a PE ratio of 12.67, a P/E/G ratio of 0.32 and a beta of 1.12.

Ally Financial (NYSE:ALLY) last issued its earnings results on Thursday, April 17th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.15. The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $2.04 billion. Ally Financial had a return on equity of 9.31% and a net margin of 11.29%. During the same quarter last year, the business posted $0.45 EPS. Equities research analysts predict that Ally Financial Inc. will post 3.57 earnings per share for the current fiscal year.

Ally Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $1.20 dividend on an annualized basis and a yield of 3.64%. Ally Financial’s dividend payout ratio (DPR) is 88.24%.

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.