<div id="readability-page-1"><p>Allianz Asset Management GmbH cut its position in  Ally Financial Inc. (NYSE:ALLY - Free Report) by 11.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor  owned 1,423,545 shares of the financial services provider's stock after selling 191,486 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.46% of Ally Financial worth $55,447,000 at the end of the most recent reporting period.</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>A number of other large investors have also added to or reduced their stakes in the company. Fulton Bank N.A. raised its holdings in  Ally Financial by 1.3% in the second quarter. Fulton Bank N.A. now owns 19,888 shares of the financial services provider's stock worth $775,000 after purchasing an additional 260 shares in the last quarter.  Integrated Wealth Concepts LLC raised its holdings in  Ally Financial by 0.7% in the first quarter. Integrated Wealth Concepts LLC now owns 40,363 shares of the financial services provider's stock worth $1,472,000 after purchasing an additional 300 shares in the last quarter.  Bessemer Group Inc. raised its holdings 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 worth $37,000 after purchasing an additional 377 shares in the last quarter.  NewEdge Advisors LLC raised its holdings in  Ally Financial by 22.8% in the first quarter. NewEdge Advisors LLC now owns 2,235 shares of the financial services provider's stock worth $82,000 after purchasing an additional 415 shares in the last quarter.  Finally, Fifth Third Bancorp raised its holdings in  Ally Financial by 22.3% in the first quarter. Fifth Third Bancorp now owns 2,519 shares of the financial services provider's stock worth $92,000 after purchasing an additional 459 shares in the last quarter. 88.76% of the stock is currently owned by institutional investors. </p><h2>Ally Financial Price Performance</h2><p>Shares of NYSE ALLY opened at $39.77 on Friday. The business's 50 day moving average price is $40.40 and its 200 day moving average price is $37.47. The firm has a market cap of $12.24 billion, a P/E ratio of 25.83, a P/E/G ratio of 0.29 and a beta of 1.18. Ally Financial Inc. has a 52 week low of $29.52 and a 52 week high of $44.83. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.30. </p><ul><li>Analysts Weigh In: How Will Lower Rates Impact Carvana Stock?</li></ul><p>Ally Financial (NYSE:ALLY - Get Free Report) last released its quarterly earnings data on Monday, July 28th. The financial services provider reported $0.99 EPS for the quarter. Ally Financial had a return on equity of 9.48% and a net margin of 7.64%.The business had revenue of $2.06 billion for the quarter.  On average, sell-side analysts expect that  Ally Financial Inc. will post 3.57 earnings per share for the current year. </p><h2>Ally Financial Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 31st will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, October 31st. Ally Financial's dividend payout ratio  is currently 77.92%. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>3 Overlooked Value Stocks to Buy and Hold for Long-Term Gains</li></ul><p>ALLY has been the subject of a number of recent research reports. Citigroup boosted their target price on shares of Ally Financial from $59.00 to $70.00 and gave the stock a &#34;buy&#34; rating in a report on Monday, September 15th. Keefe, Bruyette &amp; Woods dropped their price target on Ally Financial from $56.00 to $51.00 and set an &#34;outperform&#34; rating on the stock in a research note on Wednesday, October 1st. Morgan Stanley boosted their price target on Ally Financial from $47.00 to $52.00 and gave the stock an &#34;overweight&#34; rating in a research note on Monday, September 29th. Weiss Ratings  restated a &#34;hold (c+)&#34; rating on shares of Ally Financial in a research note on Tuesday. Finally, Evercore ISI dropped their price target on Ally Financial from $45.00 to $44.00 and set an &#34;in-line&#34; rating on the stock in a research note on Tuesday, September 30th. Nine research analysts have rated the stock with a Buy rating and eight have assigned  a Hold rating to the stock. According to MarketBeat.com, Ally Financial  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $45.14.</p><p><b>View Our Latest Analysis on Ally Financial</b></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>Recommended Stories</h2><ul><li>Five stocks we like better than Ally Financial</li><li>How to Buy Gold Stock and Invest in Gold</li><li>This AI Chip Giant Could Be the Market’s Next Big Winner</li><li>Pros And Cons Of Monthly Dividend Stocks</li><li>Broadcom Inks OpenAI Deal: Why It's A Huge Win for AVGO Stock</li><li>What is a Stock Market Index and How Do You Use Them?</li><li>Institutions Are Fueling CrowdStrike’s Next Leg Higher</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>Allianz Asset Management GmbH reduced its stake in Ally Financial Inc. by 11.9%, selling 191,486 shares in Q2, now holding 1,423,545 shares valued at approximately $55.4 million. Other investors, including Fulton Bank and Integrated Wealth Concepts, also adjusted their positions. Ally Financial's stock opened at $39.77, with a market cap of $12.24 billion. The company recently announced a quarterly dividend of $0.30, payable on November 14. Analysts have mixed ratings, with a consensus target price of $45.14 and a "Moderate Buy" rating.</p>

Allianz Asset Management GmbH Sells 191,486 Shares of Ally Financial Inc. $ALLY