University Of Notre Dame Du Lac Has Trimmed Its Holding in Ally Finl INC (ALLY) as Stock Value Declined

April 23, 2018 - By Adrian Mccoy

Ally Financial Inc. (NYSE:ALLY) Logo

University Of Notre Dame Du Lac decreased its stake in Ally Finl Inc (ALLY) by 34.29% based on its latest 2017Q4 regulatory filing with the SEC. University Of Notre Dame Du Lac sold 144,353 shares as the company’s stock declined 10.36% with the market. The institutional investor held 276,656 shares of the consumer services company at the end of 2017Q4, valued at $8.07M, down from 421,009 at the end of the previous reported quarter. University Of Notre Dame Du Lac who had been investing in Ally Finl Inc for a number of months, seems to be less bullish one the $11.99B market cap company. The stock increased 0.14% or $0.04 during the last trading session, reaching $27.66. About 2.11M shares traded. Ally Financial Inc. (NYSE:ALLY) has risen 34.39% since April 23, 2017 and is uptrending. It has outperformed by 22.84% the S&P500.

University Of Notre Dame Du Lac, which manages about $481.90 million US Long portfolio, upped its stake in Post Hldgs Inc (NYSE:POST) by 68,191 shares to 178,854 shares, valued at $14.17M in 2017Q4, according to the filing. It also increased its holding in Charter Communications Inc N by 39,953 shares in the quarter, for a total of 63,675 shares, and has risen its stake in Jd Com Inc (NASDAQ:JD).

Analysts await Ally Financial Inc. (NYSE:ALLY) to report earnings on April, 26 before the open. They expect $0.66 earnings per share, up 37.50 % or $0.18 from last year’s $0.48 per share. ALLY’s profit will be $286.05 million for 10.48 P/E if the $0.66 EPS becomes a reality. After $0.70 actual earnings per share reported by Ally Financial Inc. for the previous quarter, Wall Street now forecasts -5.71 % negative EPS growth.

Ally Financial Inc. (NYSE:ALLY) Ratings Coverage

Among 16 analysts covering Ally Financial (NYSE:ALLY), 11 have Buy rating, 0 Sell and 5 Hold. Therefore 69% are positive. Ally Financial has $39.0 highest and $26 lowest target. $34.13’s average target is 23.39% above currents $27.66 stock price. Ally Financial had 35 analyst reports since October 26, 2017 according to SRatingsIntel. Credit Suisse maintained it with “Outperform” rating and $34 target in Wednesday, January 31 report. Stephens maintained it with “Sell” rating and $29.0 target in Tuesday, January 30 report. Sandler O’Neill maintained Ally Financial Inc. (NYSE:ALLY) rating on Monday, January 22. Sandler O’Neill has “Hold” rating and $32.0 target. As per Thursday, January 4, the company rating was maintained by Susquehanna. As per Tuesday, January 16, the company rating was maintained by BTIG Research. BMO Capital Markets maintained the stock with “Market Perform” rating in Monday, March 19 report. The firm earned “Neutral” rating on Friday, January 12 by JP Morgan. BTIG Research maintained the stock with “Buy” rating in Thursday, March 15 report. BMO Capital Markets maintained Ally Financial Inc. (NYSE:ALLY) on Friday, March 16 with “Hold” rating. Piper Jaffray maintained the shares of ALLY in report on Thursday, October 26 with “Buy” rating.

Ally Financial Inc. (NYSE:ALLY) Ratings Chart

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