Ally Finl INC (ALLY) Holder Brenner West Capital Advisors LLC Upped Position by $18.93 Million as Share Value Declined

July 18, 2017 - By Henry Gaston

Joshua Kaufman increased its stake in Ally Finl Inc (ALLY) by 37.27% based on its latest 2016Q4 regulatory filing with the SEC. Brenner West Capital Advisors Llc bought 996,435 shares as the company’s stock declined 19.04% while stock markets rallied. The hedge fund run by Joshua Kaufman held 3.67 million shares of the consumer services company at the end of 2016Q4, valued at $69.80 million, up from 2.67 million at the end of the previous reported quarter. Brenner West Capital Advisors Llc who had been investing in Ally Finl Inc for a number of months, seems to be bullish on the $9.40B market cap company. The stock decreased 2.33% or $0.5 on July 17, reaching $20.96. About shares traded. Ally Financial Inc (NYSE:ALLY) has risen 12.72% since July 18, 2016 and is uptrending. It has underperformed by 3.98% the S&P500.

More notable recent Ally Financial Inc (NYSE:ALLY) news were published by: Seekingalpha.com which released: “2 Banks To Buy In Anticipation Of Earnings Season” on July 12, 2017, also Prnewswire.com with their article: “Ally Announces Non-Objection to 2017 Capital Plan” published on June 28, 2017, Prnewswire.com published: “Ally Financial Schedules Release of Second Quarter 2017 Financial Results” on June 21, 2017. More interesting news about Ally Financial Inc (NYSE:ALLY) were released by: 247Wallst.com and their article: “Top Analyst Upgrades and Downgrades: Ally Financial, Citigroup, Devon …” published on July 17, 2017 as well as Nasdaq.com‘s news article titled: “Is Ally Financial a Great Stock for Value Investors?” with publication date: July 14, 2017.

Ally Financial Inc (NYSE:ALLY) Ratings Coverage

Among 16 analysts covering Ally Financial (NYSE:ALLY), 11 have Buy rating, 1 Sell and 4 Hold. Therefore 69% are positive. Ally Financial has $27 highest and $22 lowest target. $24.18’s average target is 15.36% above currents $20.96 stock price. Ally Financial had 26 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Wood with “Buy” on Friday, April 7. Keefe Bruyette & Woods maintained it with “Buy” rating and $2400 target in Thursday, June 22 report. The stock has “Overweight” rating by Barclays Capital on Monday, November 2. Sandler O’Neill downgraded the stock to “Hold” rating in Tuesday, February 28 report. The firm has “Buy” rating by Compass Point given on Wednesday, February 3. The rating was downgraded by Stephens to “Underweight” on Monday, July 17. The rating was upgraded by BMO Capital Markets to “Outperform” on Wednesday, September 16. Zacks upgraded it to “Buy” rating and $23 target in Wednesday, September 2 report. The firm has “Neutral” rating by Bank of America given on Friday, April 8. The rating was maintained by BMO Capital Markets with “Buy” on Wednesday, May 31.

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