NYSE:ALLY (USA) Also Trade In: Germany Mexico UK

Ally Financial Inc $ 28.39 -0.04 (-0.14%)

Volume:
1,498,995
Avg Vol (1m):
5,180,306
Market Cap $:
10.65 Bil
Enterprise Value $:
24.31 Bil
P/E (TTM):
13.98
P/B:
0.78
Warning! GuruFocus has detected 1 Severe warning sign with ALLY. Click here to check it out.
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Ally Financial Inc News and Headlines -

GuruFocus Articles Total 56
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Nasdaq up 30.55% for the year

The Dow Jones Industrial Average closed at 28,606.31 on Friday with a gain of 112.11 points or 0.39%. The S&P 500 closed at 3,483.81 for a gain of 0.47 points or 0.01%. The Nasdaq Composite closed at 11,671.56 for a loss of 42.32 points or-0.36%. The VIX Volatility Index was higher at 27.41 for a gain of 0.44 points or 1.63%.

For the week, the Dow Jones Industrial Average gained 0.1%, the S&P 500 gained 0.2% and the Nasdaq Composite gained 0.8%. For the year, the Nasdaq is up 30.55%, the S&P 500 is up 7.83% and the Dow Jones

41 Views    Julie Young    2020-10-16 21:43
Discussion of markets and holdings

The Oakmark Select Fund was up 5.2% for the quarter, trailing the S&P 500 Index's 8.9% return. For the fiscal year ending September 30, 2020, the Oakmark Select Fund decreased by 2.5%, compared to a 15.2% gain for the S&P 500 Index. As has been well-documented, this past year has continued a particularly difficult period for value managers; the Russell 1000 Value Index declined by 5.0% over the same 12-month period. We expect no capital gain distribution this year.

The most significant contributors to performance during the quarter were Ally Financial (ALLY) (+28%) and Charter Communications (CHTR) (+22%). For the

95 Views    Sydnee Gatewood    2020-10-12 19:55
Discussion of markets and holdings

The Oakmark Fund increased 6.2% during the third quarter, compared to an 8.9% gain for the S&P 500 Index. For the fiscal year ending September 30, the Oakmark Fund increased 1.2%, trailing the 15.2% gain for the S&P 500. It's only fitting that unusual times produce unexpected outcomes, as illustrated by the fact that just four stocks in the S&P 500 drove approximately 70% of its total return over the past 12 months. Furthermore, the relative underperformance of the Russell 1000 Value Index against the S&P 500 is near an all-time high, with the former down 5% over the past

85 Views    Sydnee Gatewood    2020-10-12 19:43
Discussion of markets and holdings

The second quarter of 2020 was an almost mirror image of the first. The world’s efforts to curb the spread of the coronavirus began to have an impact and the significant U.S. fiscal stimulus, announced in late March, provided much-needed support to consumers, businesses, and the credit markets. The Oakmark Select Fund returned 23% in the second quarter versus a 21% return for the S&P 500 Index. While we are gratified by this result, we understand that we have significant ground to make up with the Fund down approximately 17% YTD (in line with the Russell 1000 Value Index, also

74 Views    Sydnee Gatewood    2020-07-09 19:17
Firm's largest sales of the 1st quarter

First Pacific Advisors (Trades, Portfolio) sold shares of the following stocks during the first quarter of 2020.

Howmet Aerospace

The firm cut the Howmet Aerospace Inc. (HWM) position by 42.23%. The portfolio was impacted by -2.81%.

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The supplier of specialty metals to the aerospace market has a market cap of $5.15 billion and an enterprise value of $9.74 billion.

GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of 10.31% and return on assets of 2.77% are outperforming 51% of companies

143 Views    Tiziano Frateschi    2020-05-11 16:25
Discussion of markets and holdings

The Oakmark Select Fund was down 33% for the quarter, trailing the S&P 500 Index’s negative 20% return, in a quarter in which the Russell 1000 Value Index underperformed the Russell 1000 Growth Index by 13%. As [url=https://www.gurufocus.com/StockBuy.php?GuruName=Bill+Nygren]Bill Nygren[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Bill+Nygren]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Bill+Nygren]Portfolio[/url]) pointed out in his quarterly commentary, what started out as a relatively benign quarter turned terrible from late February onwards.

Our top contributor in the quarter and over the past six months was Regeneron Pharmaceuticals (REGN). The company is at the forefront of developing potential coronavirus treatments. The relative attractiveness of Regeneron stock has diminished substantially given its

93 Views    Sydnee Gatewood    2020-04-08 15:23
Discussion of markets and holdings

Market volatility spiked during the first quarter of 2020 due to the considerable economic and social impact from the coronavirus. The Oakmark Fund declined 30% during the quarter, trailing the 20% decline for the S&P 500. Significant market volatility pushed share prices well below our estimates of intrinsic value and, therefore, we believe our portfolio is more attractively valued today than it was before the downturn. This has given us the opportunity to rebalance the portfolio toward companies with higher risk-adjusted returns, largely by trimming shares of our holdings that withstood the downturn relatively well. In one example of this

112 Views    Sydnee Gatewood    2020-04-08 15:06
Oakmark manager sees value in unloved sectors and companies

Bill Nygren (Trades, Portfolio) is a value investor who's been accoladed by Morningstar as fund manager of the year. He prefers to invest in companies for the long term, choosing ones he believes are trading at a substantial discount to true business value. The firm focuses on free cash flows, intelligent investment of excess cash and a high level of manager ownership.

On Jan. 21, Nygren appeared on CNBC's "Halftime Report" to discuss his favorite value stocks.

Nygren recently sold down one third of his Apple (AAPL) position. Last year, all you had to believe

115 Views    Bram de Haas    2020-01-23 15:30
Discussion of markets and holdings

What a difference a year can make! The Oakmark Select Fund returned 11.5% in the fourth quarter compared to the S&P 500’s 9.1% return. Unlike one year ago when fear ruled the day, the fourth quarter of 2019 was a welcome return to a market where business fundamentals mattered. For calendar year 2019, the Oakmark Select Fund increased 27.7% versus 31.5% for the S&P 500. While we still have to make up some ground due to a few years of below-market returns, we are encouraged by these much stronger results.

The largest contributors to performance during the quarter were

66 Views    Sydnee Gatewood    2020-01-09 17:05
Oaktree chairman shares views about market valuations

According to current portfolio statistics, the top four holdings of Howard Marks (Trades, Portfolio)’ Oaktree as of third quarter-end in terms of portfolio weight are Vistra Energy Corp. (VST), TORM PLC (TRMD), Star Bulk Carriers Corp. (SBLK) and Ally Financial Inc. (ALLY).

As chairman of Oaktree, Marks is responsible for ensuring the firm’s adherence to its core investment philosophy, communicating closely with clients concerning products and strategies and managing the firm. Oaktree invests heavily in debt, preferred stocks and convertible bonds.

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Oaktree chairman sheds light on ‘old’ bull market

803 Views    James Li    2019-12-11 22:35
Firm of Hungarian-born guru releases portfolio

Soros Fund Management, the firm founded by legendary guru George Soros (Trades, Portfolio), disclosed last week its top five buys for the third quarter were Peloton Interactive Inc. (PTON), Alcon Inc. (ALC), Ally Financial Inc. (ALLY), Owl Rock Capital Corp. (ORCC) and Cabot Oil & Gas Corp. (COG).

Soros’ firm invests based on the belief that markets are chaotic and that security prices depend on the individuals that buy and sell stocks, bonds and currencies. The theory of reflexivity hinges on the premise that individual investor biases affect market transactions and the economy.

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684 Views    James Li    2019-11-21 19:14
According to this classic value indicator, these stocks are currently trading at a cheap price

As of Wednesday, the GuruFocus All-in-One Screener found the following stocks that have low price-earnings ratios and have been bought by gurus. While some of them are great investments, others need to be checked again, according to the discounted cash flow calculator.

Vornado Realty Trust

With a market cap of $12.54 billion, Vornado Realty Trust (VNO) is trading with a price-earnings ratio of 4.18. According to the DCF calculator, the stock has a fair value of $168.34 per share while trading at about $65. The price has fallen 6.91% over the last 12 months and is now

192 Views    Tiziano Frateschi    2019-11-13 18:03
Discussion of markets and holdings

The Oakmark Select Fund was down 3.4% for the quarter, trailing the S&P 500 Index’s 1.7% return. For the fiscal year ending September 30, 2019, the Oakmark Select Fund decreased by 10.3%, compared to a 4.3% gain for the S&P 500 Index.

As shareholders of the Fund and as stewards of your capital, we remain frustrated by how much our portfolio and the value style have recently underperformed the S&P. However, we are encouraged that the Fund owns a portfolio of securities that trades at a substantial discount to our estimate of its intrinsic value. We expect that when “value”

115 Views    Sydnee Gatewood    2019-10-07 20:23
Discussion of markets and holdings

Oakmark Fund decreased 2.1% during the third quarter, which compares to a 1.7% gain for the S&P 500. For the fiscal year ending September 30, the Oakmark Fund decreased 5.7%, lagging behind a 4.3% gain for the S&P 500. As large shareholders of the Fund, we are never pleased with short-term underperformance, but because of it, the portfolio is now selling for an atypically large discount to our estimate of intrinsic value. We are confident that our disciplined investment process has allowed us to identify businesses with attractive risk-adjusted return potential and that the gap between stock price and intrinsic

103 Views    Sydnee Gatewood    2019-10-07 20:21
Marks isn't thrilled with the distressed debt environment or the covenant-light debt issues, but sees no bubble or coming panic. Oaktree seems to be ramping up its protection

On Sept. 18, Howard Marks (Trades, Portfolio) appeared on Bloomberg. Marks is the chairman of Oaktree Capital (NYSE:OAK) and the author of great investment books like "Mastering the Market Cycle." Here's a summary of what he said.

No bubble

According to Marks, we are not in a bubble. We are not going into a bubble. There is no reason to believe in a panic coming. There has been a great amount of debt issued. Debt issuance is risky. When that debt slides there will be great opportunities.

248 Views    Bram de Haas    2019-09-18 14:43
The guru discusses Oakmark's investments in an interview

Bill Nygren (Trades, Portfolio) manages the Oakmark Select Fund, the Oakmark Fund and the Oakmark Global Select Fund. He appeared on CNBC on Aug. 29.

Value investing

During the interview, Nygren argued the spread in market price-earnings ratios is just getting wider and wider. The lowest price-earnings stocks are at half the multiple as the rest of the market. Lots of banks trade in the bottom segment. Nygren owns Citgroup (C), Bank of America (BAC), Capital One (COF) and Allied Financial (ALLY). Dividends are higher than the yield on 30-year

140 Views    Bram de Haas    2019-08-30 13:56
Marks talks to Bloomberg about investing in the US

On Aug. 8, Howard Marks (Trades, Portfolio) appeared on Bloomberg. Marks is the chairman of Oaktree Capital (OAK) and the author of great investment books like "Mastering the Market Cycle."

Current markets

Marks started by discussing the market situation: The going is slow in distress. The economy is too good. Very few companies get into trouble. Capital markets are too generous. If companies need refinancing, they can get it. Healthy companies are not getting into trouble. There is some distress, but it's in volatile areas like retail and energy.

Fed is on the wrong track

Marks pointed

305 Views    Bram de Haas    2019-08-12 14:46
Exclusive GuruFocus talk with Oakmark's value gurus about holdings, banks, emotions, the auto industry, Netflix, Alphabet, value traps and much more

Bill Nygren (Trades, Portfolio), a renowned value investor, is manager of the Oakmark Fund, Oakmark Select Fund and Oakmark Global Select Fund, as well as chief investment officer for U.S. equities at Harris Associates, a Chicago-based firm with approximately $118 billion in assets. His Oakmark colleague, Win Murray, co-manages the Oakmark Select Fund with Nygren and serves as director of U.S. equity research at Harris Associates.

Together, the two gurus answered questions about investing that GuruFocus readers asked recently. Read their responses in the interview below.

You can also check out Bill

3913 Views    Holly LaFon    2019-08-09 21:26
A summary of Nygren's presentation at the Ben Graham VI annual conference

Bill Nygren (Trades, Portfolio) has been a manager of the Oakmark Select Fund (OAKLX) since 1996 and the Oakmark Fund (OAKMX) since 2000 as well as the Oakmark Global Select Fund (OAKWX) since 2006. He was director of research at Harris Associates from 1990 to 1998.

Nygren appeared at the Ben Graham VI annual conference and gave a talk on June 19. He started by laying out the firm’s principles for investment:

  1. Buy at two-thirds of intrinsic value.
  2. Invest in companies expected to grow earnings per share over time (he wants 7-8% growth).
187 Views    Bram de Haas    2019-07-15 14:50
Nygren appeared on CNBC on May 16 and pitched two very out-of-favor sectors

Value investor Bill Nygren (Trades, Portfolio) invests in companies at a deep discount to intrinsic value. He focuses on value, positive free cash flow, intelligent capital allocation and a high percentage of ownership. Nygren appeared on CNBC on May 16 and pitched two very out-of-favor sectors.

At Oakmark, they are trying to look beyond short-term newsflow and focus on fundamentals. Currently this is moving them to focus on two unrelated industries: banks and oil.

Banks

Nygren likes banks. Ally Financial (ALLY), Capital One (COF), Bank of America (BAC) and Citigroup (C) trade at 8x

429 Views    Bram de Haas    2019-05-20 16:00

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2020-10-20 $ 28.43 (-0.07%)
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