Endicott Management Co adds Ally Financial Inc (ALLY) to its portfolio

Ally Financial Inc (ALLY) : Endicott Management Co added new position in Ally Financial Inc during the most recent quarter end. The investment management firm now holds 50,000 shares of Ally Financial Inc which is valued at $951,500 , the company said in a statement filed on Nov 14, 2016 with the SEC.Ally Financial Inc makes up approximately 0.41% of Endicott Management Co’s portfolio.

Other Hedge Funds, Including , Brandywine Global Investment Management reduced its stake in ALLY by selling 17,600 shares or 4.06% in the most recent quarter. The Hedge Fund company now holds 416,123 shares of ALLY which is valued at $7,918,821. Ally Financial Inc makes up approx 0.05% of Brandywine Global Investment Management’s portfolio.Old Mutual Customised Solutions (proprietary) Ltd reduced its stake in ALLY by selling 8,300 shares or 30.74% in the most recent quarter. The Hedge Fund company now holds 18,700 shares of ALLY which is valued at $338,844. Ally Financial Inc makes up approx 0.10% of Old Mutual Customised Solutions (proprietary) Ltd’s portfolio.Institutional Capital reduced its stake in ALLY by selling 5,680,193 shares or 40.23% in the most recent quarter. The Hedge Fund company now holds 8,439,571 shares of ALLY which is valued at $152,925,027. Ally Financial Inc makes up approx 2.07% of Institutional Capital’s portfolio. Catalyst Capital Advisors added ALLY to its portfolio by purchasing 36,600 company shares during the most recent quarter which is valued at $663,192. Ally Financial Inc makes up approx 0.44% of Catalyst Capital Advisors’s portfolio.Aperio Group boosted its stake in ALLY in the latest quarter, The investment management firm added 9,917 additional shares and now holds a total of 108,196 shares of Ally Financial Inc which is valued at $1,908,577. Ally Financial Inc makes up approx 0.01% of Aperio Group’s portfolio.

Ally Financial Inc opened for trading at $19.28 and hit $19.48 on the upside on Monday, eventually ending the session at $19.41, with a gain of 0.73% or 0.14 points. The heightened volatility saw the trading volume jump to 55,75,281 shares. Company has a market cap of $9,154 M.

On the company’s financial health, Ally Financial Inc reported $0.56 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Oct 26, 2016. Analyst had a consensus of $0.59.Analysts expectations of $ 1373.02.During the same quarter in the previous year, the company posted $0.51 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.

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