Thompson Siegel & Walmsley LLC Sells 33,876 Shares of Ally Financial Inc. (NYSE:ALLY)

Thompson Siegel & Walmsley LLC reduced its stake in Ally Financial Inc. (NYSE:ALLY) by 2.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,301,824 shares of the financial services provider’s stock after selling 33,876 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Ally Financial were worth $46,879,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Venturi Wealth Management LLC grew its holdings 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 valued at $34,000 after purchasing an additional 577 shares during the last quarter. Principal Securities Inc. lifted its position in Ally Financial by 89.4% during the fourth quarter. Principal Securities Inc. now owns 1,051 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 496 shares during the last quarter. Kestra Investment Management LLC purchased a new stake in Ally Financial during the fourth quarter valued at approximately $43,000. UMB Bank n.a. lifted its position in Ally Financial by 218.8% during the fourth quarter. UMB Bank n.a. now owns 1,546 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 1,061 shares during the last quarter. 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.

Ally Financial Price Performance

NYSE:ALLY opened at $33.93 on Thursday. The firm has a market cap of $10.42 billion, a price-to-earnings ratio of 13.05, a price-to-earnings-growth ratio of 0.32 and a beta of 1.40. 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 company’s 50-day moving average is $37.08 and its two-hundred day moving average is $36.79. Ally Financial Inc. has a 12-month low of $31.95 and a 12-month high of $45.46.

Ally Financial (NYSE:ALLY) last released its earnings results on Wednesday, January 22nd. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.21. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.02 billion. Ally Financial had a net margin of 11.29% and a return on equity of 9.31%. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.45 EPS. Research analysts expect 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 issued a dividend of $0.30 per share. The ex-dividend date was Friday, January 31st. This represents a $1.20 annualized dividend and a dividend yield of 3.54%. Ally Financial’s payout ratio is currently 46.15%.

Insider Activity at Ally Financial

In other news, CFO Russell E. Hutchinson acquired 19,100 shares of the stock in a transaction on Friday, January 24th. The stock was bought at an average price of $39.45 per share, with a total value of $753,495.00. Following the completion of the transaction, the chief financial officer now directly owns 202,845 shares of the company’s stock, valued at $8,002,235.25. The trade was a 10.39 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Michael George Rhodes acquired 25,634 shares of the stock in a transaction on Monday, January 27th. The stock was purchased at an average cost 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 represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Wolfe Research cut shares of Ally Financial from an “outperform” rating to a “peer perform” rating in a report on Thursday, December 5th. Morgan Stanley increased their price objective on shares of Ally Financial from $41.00 to $45.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. increased their price objective on shares of Ally Financial from $40.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. StockNews.com downgraded shares of Ally Financial from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Finally, Citigroup lifted their target price on shares of Ally Financial from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $43.76.

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.