Ally Financial Inc (NYSE:ALLY)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $30.67 and last traded at $30.53, with a volume of 3729400 shares. The stock had previously closed at $30.50.

A number of equities analysts recently commented on ALLY shares. Barclays raised their price target on shares of Ally Financial from $24.00 to $26.00 and gave the stock an “overweight” rating in a research report on Thursday, October 26th. BMO Capital Markets reaffirmed a “buy” rating and set a $26.00 price target on shares of Ally Financial in a research report on Friday, October 6th. Credit Suisse Group reaffirmed a “buy” rating and set a $28.00 price target on shares of Ally Financial in a research report on Wednesday, October 4th. Zacks Investment Research upgraded shares of Ally Financial from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research note on Tuesday, January 2nd. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and set a $35.00 price objective on shares of Ally Financial in a research note on Friday, December 22nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $30.88.

The firm has a market capitalization of $13,540.00, a P/E ratio of 14.24, a PEG ratio of 0.88 and a beta of 1.46. The company has a debt-to-equity ratio of 3.32, a current ratio of 1.21 and a quick ratio of 1.21.

Ally Financial (NYSE:ALLY) last announced its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.08. The firm had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.46 billion. Ally Financial had a net margin of 14.75% and a return on equity of 7.72%. During the same period in the prior year, the company posted $0.56 earnings per share. equities research analysts forecast that Ally Financial Inc will post 2.28 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st will be paid a $0.13 dividend. This is an increase from Ally Financial’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date is Wednesday, January 31st. Ally Financial’s dividend payout ratio (DPR) is presently 22.33%.

Several institutional investors and hedge funds have recently bought and sold shares of ALLY. Teachers Advisors LLC boosted its stake in shares of Ally Financial by 33.4% in the 2nd quarter. Teachers Advisors LLC now owns 754,410 shares of the financial services provider’s stock valued at $15,767,000 after purchasing an additional 188,706 shares in the last quarter. TIAA CREF Investment Management LLC boosted its stake in shares of Ally Financial by 14.8% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 1,646,363 shares of the financial services provider’s stock valued at $34,409,000 after purchasing an additional 212,837 shares in the last quarter. Amalgamated Bank boosted its stake in shares of Ally Financial by 85.7% in the 2nd quarter. Amalgamated Bank now owns 44,795 shares of the financial services provider’s stock valued at $936,000 after purchasing an additional 20,671 shares in the last quarter. Lazard Asset Management LLC boosted its stake in shares of Ally Financial by 212.9% in the 2nd quarter. Lazard Asset Management LLC now owns 157,444 shares of the financial services provider’s stock valued at $3,289,000 after purchasing an additional 107,128 shares in the last quarter. Finally, UBS Asset Management Americas Inc. boosted its stake in shares of Ally Financial by 61.5% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 2,516,297 shares of the financial services provider’s stock valued at $52,591,000 after purchasing an additional 957,940 shares in the last quarter.

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About Ally Financial

Ally Financial Inc is a digital financial services company. The Company is a bank and financial holding company. Its segments include Automotive Finance operations, Insurance operations, Mortgage Finance operations, Corporate Finance operations, and Corporate and Other. The Automotive Finance operations segment provides the United States-based automotive financing services to consumers and automotive dealers, and automotive and equipment financing services to companies and municipalities.

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