Ally Financial INC (ALLY) Shareholder Finepoint Capital LP Decreased Stake

May 16, 2018 - By Edith Ladford

Ally Financial Inc. (NYSE:ALLY) Corporate Logo

Finepoint Capital Lp’s holdings in Ally Financial Inc (ALLY) is reduced by 22.46% based on its latest 2017Q4 regulatory filing with the SEC. By selling 815,000 shares Finepoint Capital Lp made the stock sank with 10.36%. At the end of 2017Q4, the 2.81 million shares of the consumer services company held by the institutional investor were priced at $82.06M, down from 3.63M at the end of the previous reported quarter. Finepoint Capital Lp has risen its stake in and also increased its holding in Enbridge Energy Partners Lp (NYSE:EEP) by 2.25 million shares in the quarter, for a total of 4.25M shares.

Ally Financial Inc. (NYSE:ALLY)’s earnings release is awaited by WallStreet on July, 26, according to Faxor. earnings per share of $0.72 is 24.14 % up from 2017’s $0.58 EPS. The profit will be $309.62M for ALLY if $0.72 earnings per share becomes true. Wall Street now sees 5.88 % EPS growth despite Ally Financial Inc. previous quarter’s EPS of $0.68.

For more Ally Financial Inc. (NYSE:ALLY) news published briefly go to: Prnewswire.com, Streetinsider.com, Seekingalpha.com, Seekingalpha.com or Bizjournals.com. The titles are as follows: “Ally Encourages Consumers to Save Their Savings with New Campaign” published on May 16, 2018, “Appaloosa 13F Shows New Stake in Wells Fargo (WFC) and Lam Research (LRCX), Increase in Micron (MU) MGM …” on May 15, 2018, “Ally Financial (ALLY) Q1 2018 Results – Earnings Call Transcript” with a publish date: April 26, 2018, “Congress slaps down CFPB’s auto lending guidance” and the last “Ally Financial promotes Charlotte-area exec in leadership changes” with publication date: April 19, 2018.

Ally Financial Inc. (NYSE:ALLY) Ratings Coverage

In total 16 analysts cover Ally Financial (NYSE:ALLY). “Buy” rating has 11, “Sell” are 0, while 5 are “Hold”. 69% are bullish. 30 are the (NYSE:ALLY)’s analyst reports since December 1, 2017 according to StockzIntelligence Inc. On Friday, March 16 the firm has “Hold” rating by BMO Capital Markets given. On Thursday, March 15 the stock has “Buy” rating by BTIG Research. On Tuesday, March 27 the rating was initiated by UBS with “Buy”. The stock rating was maintained by Piper Jaffray with “Buy” on Tuesday, December 5. In Tuesday, January 2 report Barclays Capital maintained it with “Overweight” rating and $36 target. On Thursday, April 26 the stock of Ally Financial Inc. (NYSE:ALLY) has “Buy” rating given by BTIG Research. On Wednesday, January 10 the firm has “Buy” rating by Jefferies given. On Monday, March 19 the stock of Ally Financial Inc. (NYSE:ALLY) earned “Market Perform” rating by BMO Capital Markets. On Tuesday, January 30 Stephens maintained Ally Financial Inc. (NYSE:ALLY) rating. Stephens has “Sell” rating and $29.0 target. On Thursday, March 15 the firm has “Hold” rating given by Sandler O’Neill.

Ally Financial Inc. (NYSE:ALLY) Analyst Ratings Chart

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