Ally FinancialALLY
Market Cap: 13.4B
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 Q1 SEC filings by fund managers ($100M+ AUM)
26% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 62
17% more capital invested
Capital invested by funds: $9.34B [Q4 2023] → $10.9B (+$1.57B) [Q1 2024]
3% more funds holding
Funds holding: 516 [Q4 2023] → 532 (+16) [Q1 2024]
0.15% less ownership
Funds ownership: 88.7% [Q4 2023] → 88.55% (-0.15%) [Q1 2024]
2% less call options, than puts
Call options by funds: $227M | Put options by funds: $232M
9% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 188
6% less funds holding in top 10
Funds holding in top 10: 17 [Q4 2023] → 16 (-1) [Q1 2024]
Research analyst outlook
18 Wall Street Analysts provided 1 year price forecasts over the past 6 months
18 analyst ratings
Morgan Stanley Betsy Graseck | 11%upside $49 | Overweight Maintained | 18 Jul 2024 |
Wells Fargo Donald Fandetti | 16%downside $37 | Underweight Maintained | 18 Jul 2024 |
Barclays Jason Goldberg | 0%upside $44 | Equal-Weight Maintained | 18 Jul 2024 |
RBC Capital Jon Arfstrom | 11%upside $49 | Outperform Maintained | 18 Jul 2024 |
JP Morgan Richard Shane | 2%upside $45 | Neutral Upgraded | 8 Jul 2024 |
Financial journalist opinion
Based on 24 articles about ALLY published over the past 30 days