Trilogy Capital Inc. Acquires 3,816 Shares of Ally Financial Inc. (NYSE:ALLY)

Trilogy Capital Inc. grew its stake in Ally Financial Inc. (NYSE:ALLY) by 5.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,354 shares of the financial services provider’s stock after purchasing an additional 3,816 shares during the period. Trilogy Capital Inc.’s holdings in Ally Financial were worth $2,750,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in ALLY. Private Management Group Inc. raised its holdings in Ally Financial by 3.5% during the 4th quarter. Private Management Group Inc. now owns 747,194 shares of the financial services provider’s stock worth $26,906,000 after purchasing an additional 25,501 shares during the last quarter. Econ Financial Services Corp bought a new position in Ally Financial during the fourth quarter worth $783,000. abrdn plc grew its holdings in Ally Financial by 0.5% during the 4th quarter. abrdn plc now owns 269,964 shares of the financial services provider’s stock worth $9,748,000 after acquiring an additional 1,454 shares during the period. Asset Management Advisors LLC raised its position in shares of Ally Financial by 1.5% in the 4th quarter. Asset Management Advisors LLC now owns 167,080 shares of the financial services provider’s stock worth $6,017,000 after acquiring an additional 2,520 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Ally Financial by 22.9% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,028 shares of the financial services provider’s stock valued at $469,000 after purchasing an additional 2,426 shares during the period. 88.76% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Russell E. Hutchinson bought 19,100 shares of the business’s stock in a transaction dated Friday, January 24th. The stock was purchased at an average cost of $39.45 per share, with a total value of $753,495.00. Following the acquisition, the chief financial officer now directly owns 202,845 shares in the company, valued at $8,002,235.25. This trade represents a 10.39 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Michael George Rhodes purchased 25,634 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The stock was bought at an average cost of $39.09 per share, with a total value of $1,002,033.06. Following the acquisition, the chief executive officer now owns 25,634 shares in the company, valued at $1,002,033.06. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ALLY shares. Wolfe Research cut Ally Financial from an “outperform” rating to a “peer perform” rating in a report on Thursday, December 5th. StockNews.com lowered shares of Ally Financial from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Truist Financial lifted their price target on shares of Ally Financial from $42.00 to $47.00 and gave the company a “buy” rating in a research note on Tuesday, January 28th. The Goldman Sachs Group upped their price target on Ally Financial from $42.00 to $48.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada upped their target price on Ally Financial from $41.00 to $45.00 and gave the stock an “outperform” 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 issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $43.76.

Ally Financial Price Performance

Shares of Ally Financial stock opened at $38.16 on Thursday. Ally Financial Inc. has a one year low of $31.95 and a one year high of $45.46. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market cap of $11.63 billion, a P/E ratio of 14.68, a P/E/G ratio of 0.43 and a beta of 1.45. The stock’s fifty day moving average is $37.30 and its 200 day moving average is $37.69.

Ally Financial (NYSE:ALLY) last issued its earnings results on Wednesday, January 22nd. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.21. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.02 billion. Ally Financial had a return on equity of 9.31% and a net margin of 11.29%. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the company earned $0.45 EPS. Sell-side analysts anticipate that Ally Financial Inc. will post 3.7 earnings per share for the current year.

Ally Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.15%. The ex-dividend date is Friday, January 31st. Ally Financial’s payout ratio is currently 46.15%.

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.