Ally Financial Inc (ALLY) : Orbitronix Lp has sold out all of its stake in Ally Financial Inc during the most recent quarter, according to the disclosure filed by the company on Aug 11, 2016 with the SEC. The investment management company has sold out 20,000 shares of Ally Financial Inc which is valued at $379,400.
Other Hedge Funds, Including , Credit Agricole S A boosted its stake in ALLY in the latest quarter, The investment management firm added 81,694 additional shares and now holds a total of 197,201 shares of Ally Financial Inc which is valued at $3,740,903. Ally Financial Inc makes up approx 0.01% of Credit Agricole S A’s portfolio. Hm Payson Co sold out all of its stake in ALLY during the most recent quarter. The investment firm sold 10,000 shares of ALLY which is valued $188,800.California State Teachers Retirement System reduced its stake in ALLY by selling 83,029 shares or 7.91% in the most recent quarter. The Hedge Fund company now holds 966,655 shares of ALLY which is valued at $17,399,790. Ally Financial Inc makes up approx 0.04% of California State Teachers Retirement System’s portfolio. Highland Capital Management sold out all of its stake in ALLY during the most recent quarter. The investment firm sold 87,095 shares of ALLY which is valued $1,516,324.
Ally Financial Inc opened for trading at $19.63 and hit $19.755 on the upside on Tuesday, eventually ending the session at $19.57, with a gain of 0.36% or 0.07 points. The heightened volatility saw the trading volume jump to 25,34,370 shares. Company has a market cap of $9,465 M.
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.