Trending Stock News

As Ja Solar (JASO) Shares Declined, Holder Ajo LP Increased Its Position; As Ally Financial (ALLY) Stock Price Declined, Finepoint Capital LP Lowered Position by $23.64 Million

Ally Financial Inc. (NYSE:ALLY) Logo

Finepoint Capital Lp decreased its stake in Ally Financial Inc (ALLY) by 22.46% based on its latest 2017Q4 regulatory filing with the SEC. Finepoint Capital Lp sold 815,000 shares as the company’s stock declined 10.36% with the market. The institutional investor held 2.81 million shares of the consumer services company at the end of 2017Q4, valued at $82.06 million, down from 3.63M at the end of the previous reported quarter. Finepoint Capital Lp who had been investing in Ally Financial Inc for a number of months, seems to be less bullish one the $11.61 billion market cap company. The stock increased 1.39% or $0.37 during the last trading session, reaching $27. About 2.46M shares traded. Ally Financial Inc. (NYSE:ALLY) has risen 34.39% since May 17, 2017 and is uptrending. It has outperformed by 22.84% the S&P500.

Ajo Lp increased its stake in Ja Solar (JASO) by 14.48% based on its latest 2017Q4 regulatory filing with the SEC. Ajo Lp bought 79,462 shares as the company’s stock declined 11.25% with the market. The institutional investor held 628,348 shares of the 2007 company at the end of 2017Q4, valued at $4.69 million, up from 548,886 at the end of the previous reported quarter. Ajo Lp who had been investing in Ja Solar for a number of months, seems to be bullish on the $336.55 million market cap company. The stock decreased 0.28% or $0.02 during the last trading session, reaching $7.18. About 38,581 shares traded. JA Solar Holdings Co., Ltd. (NASDAQ:JASO) has risen 10.46% since May 17, 2017 and is uptrending. It has underperformed by 1.09% the S&P500.

Analysts await Ally Financial Inc. (NYSE:ALLY) to report earnings on July, 26. They expect $0.72 EPS, up 24.14% or $0.14 from last year’s $0.58 per share. ALLY’s profit will be $309.63M for 9.38 P/E if the $0.72 EPS becomes a reality. After $0.68 actual EPS reported by Ally Financial Inc. for the previous quarter, Wall Street now forecasts 5.88% EPS growth.

More recent Ally Financial Inc. (NYSE:ALLY) news were published by: Prnewswire.com which released: “Ally Encourages Consumers to Save Their Savings with New Campaign” on May 16, 2018. Also Bizjournals.com published the news titled: “Ally Financial promotes Charlotte-area exec in leadership changes” on April 19, 2018. Seekingalpha.com‘s news article titled: “Congress slaps down CFPB’s auto lending guidance” with publication date: May 09, 2018 was also an interesting one.

Among 24 analysts covering Ally Financial (NYSE:ALLY), 17 have Buy rating, 0 Sell and 7 Hold. Therefore 71% are positive. Ally Financial had 72 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Thursday, March 15 with “Buy”. Credit Suisse maintained the shares of ALLY in report on Wednesday, January 31 with “Outperform” rating. Credit Suisse maintained it with “Outperform” rating and $30 target in Thursday, October 26 report. Keefe Bruyette & Woods maintained the shares of ALLY in report on Friday, September 22 with “Buy” rating. The rating was maintained by BMO Capital Markets with “Buy” on Wednesday, April 26. Stephens upgraded the stock to “Hold” rating in Monday, April 9 report. The firm has “Buy” rating given on Tuesday, July 11 by Piper Jaffray. The company was maintained on Monday, November 2 by Barclays Capital. Oppenheimer maintained the shares of ALLY in report on Thursday, April 12 with “Buy” rating. The stock of Ally Financial Inc. (NYSE:ALLY) earned “Hold” rating by Sandler O’Neill on Monday, January 22.

Among 5 analysts covering JA Solar (NASDAQ:JASO), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. JA Solar had 13 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Saturday, August 15 by Roth Capital. On Thursday, October 6 the stock rating was upgraded by Axiom Capital to “Buy”. The rating was upgraded by TH Capital to “Buy” on Wednesday, December 16. Roth Capital maintained JA Solar Holdings Co., Ltd. (NASDAQ:JASO) rating on Wednesday, August 23. Roth Capital has “Hold” rating and $6.7 target. As per Monday, August 31, the company rating was initiated by Axiom Capital. The rating was downgraded by Axiom Capital on Tuesday, August 29 to “Sell”. Axiom Capital upgraded the shares of JASO in report on Wednesday, July 19 to “Hold” rating. The company was downgraded on Friday, June 3 by Roth Capital. The stock of JA Solar Holdings Co., Ltd. (NASDAQ:JASO) has “Outperform” rating given on Wednesday, August 12 by RBC Capital Markets. Axiom Capital downgraded JA Solar Holdings Co., Ltd. (NASDAQ:JASO) on Wednesday, November 16 to “Sell” rating.

Another recent and important JA Solar Holdings Co., Ltd. (NASDAQ:JASO) news was published by Investorideas.com which published an article titled: “JA Solar’s (Nasdaq: $JASO) High-Efficiency Mono PERC Modules Continue to Expand Their Reach in #Brazilian Market” on May 04, 2018.

Ajo Lp, which manages about $24.49B and $23.21 billion US Long portfolio, decreased its stake in Trinseo (NYSE:TSE) by 80,633 shares to 1.48 million shares, valued at $107.18M in 2017Q4, according to the filing. It also reduced its holding in Orthofix Intl Nv (NASDAQ:OFIX) by 19,691 shares in the quarter, leaving it with 171,572 shares, and cut its stake in Carnival Corp (NYSE:CCL).

Ally Financial Inc. (NYSE:ALLY) Ratings Chart

Leave a Reply

Your email address will not be published. Required fields are marked *