<div id="readability-page-1"><p>Aberdeen Group plc boosted its holdings in shares of  Ally Financial Inc. (NYSE:ALLY - Free Report) by 4.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The fund owned 217,390 shares of the financial services provider's stock after acquiring an additional 9,211 shares during the quarter. Aberdeen Group plc owned about 0.07% of Ally Financial worth $8,467,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Ally Financial</strong> alerts:</span></p></div><ul><li>Ally Financial: The Tugboat of Auto Finance Keeps Gaining Steam</li></ul><p>Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ALLY. WPG Advisers LLC acquired a new position in shares of  Ally Financial in the 1st quarter worth approximately $25,000.  SVB Wealth LLC purchased a new stake in  Ally Financial in the first quarter valued at approximately $27,000.  Private Trust Co. NA raised its position in  Ally Financial by 125.7% in the first quarter. Private Trust Co. NA now owns 914 shares of the financial services provider's stock valued at $33,000 after purchasing an additional 509 shares during the period.  Bessemer Group Inc. raised its position in  Ally Financial by 59.6% in the first quarter. Bessemer Group Inc. now owns 1,010 shares of the financial services provider's stock valued at $37,000 after purchasing an additional 377 shares during the period.  Finally, Zions Bancorporation National Association UT purchased a new position in shares of  Ally Financial during the first quarter worth $74,000. Institutional investors and hedge funds own  88.76% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>Several research analysts have recently commented on the company. BTIG Research upgraded Ally Financial from a &#34;sell&#34; rating to a &#34;neutral&#34; rating in a research report on Monday, July 14th. Royal Bank Of Canada  restated an &#34;outperform&#34; rating on shares of Ally Financial in a research report on Monday, July 14th. Truist Financial raised their price target on Ally Financial from $44.00 to $45.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, July 24th. Citigroup raised their price target on Ally Financial from $59.00 to $70.00 and gave the stock a &#34;buy&#34; rating in a research report on Monday, September 15th. Finally, Weiss Ratings  restated a &#34;hold (c+)&#34; rating on shares of Ally Financial in a research report on Tuesday. Nine investment analysts have rated the stock with a Buy rating and eight have issued  a Hold rating to the stock. According to MarketBeat, the stock  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $45.14.</p><ul><li>Analysts Weigh In: How Will Lower Rates Impact Carvana Stock?</li></ul><p><b>Get Our Latest Research Report on Ally Financial</b></p><h2>Ally Financial Trading Down 3.2%</h2><p>NYSE:ALLY opened at $38.43 on Friday. The firm has a market cap of $11.83 billion, a PE ratio of 24.95, a price-to-earnings-growth ratio of 0.30 and a beta of 1.18. The stock has a fifty day moving average price of $40.35 and a 200 day moving average price of $37.45. Ally Financial Inc. has a 12-month low of $29.52 and a 12-month high of $44.83. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.30. </p><ul><li>3 Overlooked Value Stocks to Buy and Hold for Long-Term Gains</li></ul><p>Ally Financial (NYSE:ALLY - Get Free Report) last released its earnings results on Monday, July 28th. The financial services provider reported $0.99 earnings per share (EPS) for the quarter. The firm had revenue of $2.06 billion during the quarter. Ally Financial had a return on equity of 9.48% and a net margin of 7.64%. Sell-side analysts anticipate that  Ally Financial Inc. will post 3.57 earnings per share for the current fiscal year. </p><h2>Ally Financial Dividend Announcement</h2><p>The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 31st will be issued a $0.30 dividend. The ex-dividend date is Friday, October 31st. This represents a $1.20 dividend on an annualized basis and a yield of 3.1%. Ally Financial's dividend payout ratio (DPR) is 77.92%. </p><h2>About Ally Financial</h2> (Free Report)<p>Ally Financial Inc, a digital financial-services company, provides various digital financial products and services in the United States, Canada, and Bermuda. The company operates through Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Ally Financial</li><li>How to Invest in Insurance Companies: A Guide </li><li>Salesforce’s Long-Awaited Inflection is Here: Rally On!</li><li>What is a Secondary Public Offering? What Investors Need to Know</li><li>Rocket Lab USA Receives Wall Street Validation: Time to Buy?</li><li>Top Biotech Stocks: Exploring Innovation Opportunities</li><li>Archer Buys Rival's Patent Treasure Trove in Strategic Move</li></ul><p><strong>Want to see what other hedge funds are holding ALLY?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ally Financial Inc. (NYSE:ALLY - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMTFk?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMTFk"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Ally Financial Right Now?</h2><p>Before you consider Ally Financial, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ally Financial wasn't on the list.</p><p>While Ally Financial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ALLY

<p>Aberdeen Group plc increased its stake in Ally Financial Inc. by 4.4% in Q2, owning 217,390 shares valued at $8.47 million. Other institutional investors also adjusted their positions. Analysts have mixed ratings on Ally, with a consensus rating of "Moderate Buy" and a target price of $45.14. Ally Financial's stock recently traded at $38.43, with a market cap of $11.83 billion. The company announced a quarterly dividend of $0.30, payable on November 14, 2023, with a yield of 3.1%.</p>

Ally Financial Inc. $ALLY Shares Bought by Aberdeen Group plc