First Pacific Advisors buys $205,424,663 stake in Ally Financial Inc (ALLY)

Ally Financial Inc (ALLY) : First Pacific Advisors scooped up 25,020 additional shares in Ally Financial Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 10,794,780 shares of Ally Financial Inc which is valued at $205,424,663.Ally Financial Inc makes up approximately 1.50% of First Pacific Advisors’s portfolio.

Other Hedge Funds, Including , Signaturefd boosted its stake in ALLY in the latest quarter, The investment management firm added 913 additional shares and now holds a total of 2,029 shares of Ally Financial Inc which is valued at $38,612. Ally Financial Inc makes up approx 0.01% of Signaturefd’s portfolio.Mn Services Vermogensbeheer B.v. boosted its stake in ALLY in the latest quarter, The investment management firm added 323 additional shares and now holds a total of 11,067 shares of Ally Financial Inc which is valued at $193,562. Ally Financial Inc makes up approx 0.04% of Mn Services Vermogensbeheer B.v.’s portfolio.Teacher Retirement System Of Texas reduced its stake in ALLY by selling 19,035 shares or 1.41% in the most recent quarter. The Hedge Fund company now holds 1,326,534 shares of ALLY which is valued at $22,763,323. Ally Financial Inc makes up approx 0.17% of Teacher Retirement System Of Texas’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in ALLY by selling 3,292 shares or 3.51% in the most recent quarter. The Hedge Fund company now holds 90,606 shares of ALLY which is valued at $1,598,290. Ally Financial Inc makes up approx 0.01% of Public Employees Retirement Association Of Colorado’s portfolio.State Of Wisconsin Investment Board reduced its stake in ALLY by selling 151,000 shares or 9.51% in the most recent quarter. The Hedge Fund company now holds 1,436,422 shares of ALLY which is valued at $25,510,855. Ally Financial Inc makes up approx 0.10% of State Of Wisconsin Investment Board’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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