Ally FinancialALLY
Market Cap: $12.1B
About: Formerly the captive financial arm of General Motors, Ally Financial became an independent publicly traded firm in 2014 and is one of the largest consumer auto lenders in the country. While the firm has expanded its product offerings over time, it remains primarily focused on auto lending with more than 70% of its loan book in consumer auto loans and dealer financing. Ally also offers auto insurance, commercial loans, credit cards, and holds a portfolio of mortgage debt, giving the bank a diversified business model, which includes brokerage services.
Employees: 11,100
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
39% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 66
14% more repeat investments, than reductions
Existing positions increased: 208 | Existing positions reduced: 183
5% more funds holding
Funds holding: 540 [Q1] → 566 (+26) [Q2]
0.98% less ownership
Funds ownership: 89.73% [Q1] → 88.75% (-0.98%) [Q2]
3% less capital invested
Capital invested by funds: $11.1B [Q1] → $10.7B (-$342M) [Q2]
8% less call options, than puts
Call options by funds: $182M | Put options by funds: $197M
25% less funds holding in top 10
Funds holding in top 10: 16 [Q1] → 12 (-4) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Morgan Stanley Betsy Graseck 51% 1-year accuracy 27 / 53 met price target | 24%upside $49 | Overweight Maintained | 18 Jul 2024 |
Wells Fargo Donald Fandetti 79% 1-year accuracy 15 / 19 met price target | 6%downside $37 | Underweight Maintained | 18 Jul 2024 |
Barclays Jason Goldberg 64% 1-year accuracy 14 / 22 met price target | 11%upside $44 | Equal-Weight Maintained | 18 Jul 2024 |
RBC Capital Jon Arfstrom 78% 1-year accuracy 40 / 51 met price target | 24%upside $49 | Outperform Maintained | 18 Jul 2024 |
JP Morgan Richard Shane 63% 1-year accuracy 25 / 40 met price target | 14%upside $45 | Neutral Upgraded | 8 Jul 2024 |
Financial journalist opinion
Based on 8 articles about ALLY published over the past 30 days