Price Michael F buys $12,226,165 stake in Ally Financial Inc (ALLY)

Ally Financial Inc (ALLY) : Price Michael F scooped up 372,500 additional shares in Ally Financial Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 644,500 shares of Ally Financial Inc which is valued at $12,226,165.Ally Financial Inc makes up approximately 1.55% of Price Michael F’s portfolio.

Other Hedge Funds, Including , Marshall Wace Llp added ALLY to its portfolio by purchasing 1,552,252 company shares during the most recent quarter which is valued at $29,446,220. Ally Financial Inc makes up approx 0.24% of Marshall Wace Llp’s portfolio.Canada Pension Plan Investment Board boosted its stake in ALLY in the latest quarter, The investment management firm added 107,701 additional shares and now holds a total of 1,464,641 shares of Ally Financial Inc which is valued at $27,784,240. Ally Financial Inc makes up approx 0.11% of Canada Pension Plan Investment Board’s portfolio.Apg Asset Management N.v. boosted its stake in ALLY in the latest quarter, The investment management firm added 321,000 additional shares and now holds a total of 3,546,480 shares of Ally Financial Inc which is valued at $67,276,726. Ally Financial Inc makes up approx 0.12% of Apg Asset Management N.v.’s portfolio. Fuller Thaler Asset Management sold out all of its stake in ALLY during the most recent quarter. The investment firm sold 6,400 shares of ALLY which is valued $119,360.Checchi Capital Advisers reduced its stake in ALLY by selling 144 shares or 8.76% in the most recent quarter. The Hedge Fund company now holds 1,500 shares of ALLY which is valued at $26,145. Ally Financial Inc makes up approx 0.01% of Checchi Capital Advisers’s portfolio.

Ally Financial Inc opened for trading at $19.71 and hit $19.905 on the upside on Monday, eventually ending the session at $19.82, with a gain of 0.56% or 0.11 points. The heightened volatility saw the trading volume jump to 26,65,096 shares. Company has a market cap of $9,586 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.

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