Cahill Financial Advisors Inc. Trims Stock Position in Ally Financial Inc. (NYSE:ALLY)

Cahill Financial Advisors Inc. trimmed its holdings in Ally Financial Inc. (NYSE:ALLY) by 11.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,950 shares of the financial services provider’s stock after selling 749 shares during the quarter. Cahill Financial Advisors Inc.’s holdings in Ally Financial were worth $212,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ALLY. Kingsview Wealth Management LLC purchased a new stake in Ally Financial in the 3rd quarter worth approximately $369,000. Cerity Partners LLC lifted its stake in shares of Ally Financial by 8.4% in the 3rd quarter. Cerity Partners LLC now owns 16,488 shares of the financial services provider’s stock valued at $587,000 after purchasing an additional 1,273 shares during the period. Citigroup Inc. boosted its holdings in Ally Financial by 22.3% during the third quarter. Citigroup Inc. now owns 242,602 shares of the financial services provider’s stock worth $8,634,000 after buying an additional 44,314 shares in the last quarter. Thompson Siegel & Walmsley LLC grew its position in Ally Financial by 2.8% during the third quarter. Thompson Siegel & Walmsley LLC now owns 1,335,700 shares of the financial services provider’s stock valued at $47,538,000 after buying an additional 36,556 shares during the period. Finally, Landscape Capital Management L.L.C. purchased a new position in Ally Financial in the third quarter valued at $250,000. 88.76% of the stock is owned by institutional investors and hedge funds.

Ally Financial Trading Up 1.8 %

Shares of ALLY opened at $37.85 on Monday. The stock has a market cap of $11.53 billion, a price-to-earnings ratio of 15.14, a price-to-earnings-growth ratio of 0.44 and a beta of 1.40. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a 50 day simple moving average of $35.35 and a 200-day simple moving average of $38.65. Ally Financial Inc. has a 1-year low of $26.50 and a 1-year high of $45.46.

Ally Financial (NYSE:ALLY) last issued its quarterly earnings results on Friday, October 18th. The financial services provider reported $0.95 EPS for the quarter, topping the consensus estimate of $0.57 by $0.38. Ally Financial had a net margin of 10.84% and a return on equity of 8.39%. The firm had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same quarter in the prior year, the business posted $0.83 earnings per share. Ally Financial’s revenue for the quarter was up 6.9% compared to the same quarter last year. Equities analysts forecast that Ally Financial Inc. will post 3 EPS for the current fiscal year.

Ally Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.20 annualized dividend and a yield of 3.17%. Ally Financial’s dividend payout ratio (DPR) is 48.00%.

Analyst Ratings Changes

A number of research firms have recently commented on ALLY. Keefe, Bruyette & Woods cut their price objective on Ally Financial from $50.00 to $44.00 and set an “outperform” rating for the company in a research report on Monday, September 16th. Raymond James raised Ally Financial from an “underperform” rating to a “market perform” rating in a report on Monday, October 21st. BTIG Research lowered Ally Financial from a “buy” rating to a “neutral” rating in a research note on Monday, September 16th. Barclays reduced their price objective on Ally Financial from $44.00 to $36.00 and set an “equal weight” rating for the company in a research note on Thursday, September 12th. 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, eight have assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Ally Financial presently has an average rating of “Hold” and a consensus target price of $40.69.

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.