Ally Financial Inc (ALLY) : Black Maple Capital Management Lp reduced its stake in Ally Financial Inc by 15.0% during the most recent quarter end. The investment management company now holds a total of 197,213 shares of Ally Financial Inc which is valued at $3,741,131 after selling 34,802 shares in Ally Financial Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Ally Financial Inc makes up approximately 9.59% of Black Maple Capital Management Lp’s portfolio.
Other Hedge Funds, Including , Ashfield Capital Partners reduced its stake in ALLY by selling 73,274 shares or 12.34% in the most recent quarter. The Hedge Fund company now holds 520,434 shares of ALLY which is valued at $9,825,794. Ally Financial Inc makes up approx 0.75% of Ashfield Capital Partners’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in ALLY in the latest quarter, The investment management firm added 19,515 additional shares and now holds a total of 90,464 shares of Ally Financial Inc which is valued at $1,628,352. Ally Financial Inc makes up approx 0.04% of Oregon Public Employees Retirement Fund’s portfolio.Ls Investment Advisors boosted its stake in ALLY in the latest quarter, The investment management firm added 1,263 additional shares and now holds a total of 12,879 shares of Ally Financial Inc which is valued at $224,481. Ally Financial Inc makes up approx 0.02% of Ls Investment Advisors’s portfolio.
Ally Financial Inc closed down -0.46 points or -2.30% at $19.58 with 37,60,965 shares getting traded on Thursday. Post opening the session at $20.06, the shares hit an intraday low of $19.44 and an intraday high of $20.14 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Ally Financial Inc reported $0.54 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $0.51.Analysts expectations of $ 1333.63.During the same quarter in the previous year, the company posted $0.46 EPS.
Ally Financial Inc. is a financial holding company and a bank holding company. It is an independent diversified financial services firm. Its banking subsidiary Ally Bank is an indirect wholly owned subsidiary of the Company and a franchise in the Internet telephone mobile and mail banking market. Dealer Financial Services which includes the Company’s Automotive Finance and Insurance operations and Mortgage are its primary lines of business. Ally Bank offers deposit products such as checking savings and certificates of deposit (CDs) as well as several raise-your-rate CD terms IRA deposit products Popmoney person-to-person transfer service eCheck remote deposit capture Ally Perks debit rewards program and Mobile Banking.