Ally Financial (ALLY) Shareholder Finepoint Capital LP Has Trimmed Its Holding by $23.64 Million as Stock Declined; Deckers Outdoor (DECK) Shareholder Marcato Capital Management LP Increased Its Holding

May 22, 2018 - By Moses P. Lee

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 $11.65 billion market cap company. The stock increased 0.59% or $0.16 during the last trading session, reaching $27.1. About 1.36 million shares traded. Ally Financial Inc. (NYSE:ALLY) has risen 34.39% since May 22, 2017 and is uptrending. It has outperformed by 22.84% the S&P500.

Richard Mcguire increased its stake in Deckers Outdoor Corp (DECK) by 38.41% based on its latest 2017Q4 regulatory filing with the SEC. Marcato Capital Management Lp bought 750,000 shares as the company’s stock rose 15.18% while stock markets declined. The hedge fund run by Richard Mcguire held 2.70 million shares of the shoe manufacturing company at the end of 2017Q4, valued at $216.88 million, up from 1.95 million at the end of the previous reported quarter. Marcato Capital Management Lp who had been investing in Deckers Outdoor Corp for a number of months, seems to be bullish on the $3.32 billion market cap company. The stock increased 3.10% or $3.15 during the last trading session, reaching $104.64. About 1.09M shares traded or 45.98% up from the average. Deckers Outdoor Corporation (NYSE:DECK) has risen 61.55% since May 22, 2017 and is uptrending. It has outperformed by 50.00% the S&P500.

Analysts await Ally Financial Inc. (NYSE:ALLY) to report earnings on July, 26. They expect $0.72 earnings per share, up 24.14% or $0.14 from last year’s $0.58 per share. ALLY’s profit will be $309.63M for 9.41 P/E if the $0.72 EPS becomes a reality. After $0.68 actual earnings per share reported by Ally Financial Inc. for the previous quarter, Wall Street now forecasts 5.88% EPS growth.

More important recent Ally Financial Inc. (NYSE:ALLY) news were published by: Seekingalpha.com which released: “Ally Financial (ALLY) Q1 2018 Results – Earnings Call Transcript” on April 26, 2018, also Prnewswire.com published article titled: “Ally Encourages Consumers to Save Their Savings with New Campaign”, Seekingalpha.com published: “House votes on bill easing Dodd-Frank” on May 22, 2018. More interesting news about Ally Financial Inc. (NYSE:ALLY) was released by: Seekingalpha.com and their article: “Congress slaps down CFPB’s auto lending guidance” with publication date: May 09, 2018.

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 firm has “Buy” rating by Compass Point given on Wednesday, February 3. The company was maintained on Friday, March 16 by BMO Capital Markets. The stock of Ally Financial Inc. (NYSE:ALLY) has “Buy” rating given on Wednesday, May 4 by Deutsche Bank. BMO Capital Markets maintained the shares of ALLY in report on Wednesday, May 31 with “Buy” rating. The rating was maintained by Barclays Capital on Tuesday, January 2 with “Overweight”. On Thursday, April 26 the stock rating was maintained by BTIG Research with “Buy”. The company was initiated on Tuesday, March 27 by UBS. The stock of Ally Financial Inc. (NYSE:ALLY) earned “Buy” rating by Jefferies on Thursday, October 26. The rating was downgraded by JP Morgan to “Neutral” on Friday, January 12. The stock of Ally Financial Inc. (NYSE:ALLY) earned “Buy” rating by BTIG Research on Thursday, March 15.

Investors sentiment decreased to 1.2 in 2017 Q4. Its down 0.13, from 1.33 in 2017Q3. It worsened, as 24 investors sold DECK shares while 76 reduced holdings. 47 funds opened positions while 73 raised stakes. 33.56 million shares or 5.60% more from 31.78 million shares in 2017Q3 were reported. Bnp Paribas Arbitrage Sa reported 0% in Deckers Outdoor Corporation (NYSE:DECK). California Public Employees Retirement reported 88,486 shares or 0.01% of all its holdings. The Georgia-based Invesco has invested 0% in Deckers Outdoor Corporation (NYSE:DECK). Wellington Management Group Llp has invested 0.03% of its portfolio in Deckers Outdoor Corporation (NYSE:DECK). Convergence Investment Ptnrs Limited Liability Company reported 36,417 shares. Contravisory Inv Management accumulated 2,126 shares or 0.06% of the stock. Metropolitan Life Ins Ny has invested 0.02% in Deckers Outdoor Corporation (NYSE:DECK). West Coast Fin Lc stated it has 1.66% of its portfolio in Deckers Outdoor Corporation (NYSE:DECK). Stifel Financial holds 37,839 shares. Weaver C Barksdale Assoc reported 135 shares. 35,110 were reported by Seizert Cap Prns Llc. Wells Fargo & Mn invested in 0% or 81,753 shares. Utd Svcs Automobile Association holds 0.01% or 24,000 shares in its portfolio. Point72 Asset Mgmt Limited Partnership reported 0.01% of its portfolio in Deckers Outdoor Corporation (NYSE:DECK). Moreover, Hsbc Public Ltd Co has 0% invested in Deckers Outdoor Corporation (NYSE:DECK).

More important recent Deckers Outdoor Corporation (NYSE:DECK) news were published by: Investorplace.com which released: “7 Consumer Stocks to Sell Now” on May 15, 2018, also Streetinsider.com published article titled: “Deckers Outdoor (DECK) Appoints William McComb to Board of Directors”, Globenewswire.com published: “Detailed Research: Economic Perspectives on First American, Greenhill & Co., Acorda Therapeutics, Deckers Outdoor …” on May 15, 2018. More interesting news about Deckers Outdoor Corporation (NYSE:DECK) was released by: Streetinsider.com and their article: “Marcato Capital Shows New Stakes in Astec Industries (ASTE), Univar (UNVR) (more…) – 13f” with publication date: May 15, 2018.

Since February 2, 2018, it had 0 insider buys, and 8 insider sales for $3.78 million activity. Shares for $54,509 were sold by Lafitte David E. on Thursday, March 15. $712,289 worth of Deckers Outdoor Corporation (NYSE:DECK) was sold by GEORGE THOMAS. The insider O’Donnell Andrea sold 2,220 shares worth $208,456. PERENCHIO JOHN G also sold $2.32M worth of Deckers Outdoor Corporation (NYSE:DECK) shares. Barsa Karyn Odette sold $101,448 worth of Deckers Outdoor Corporation (NYSE:DECK) on Tuesday, February 6.

Among 24 analysts covering Deckers Outdoor (NYSE:DECK), 5 have Buy rating, 3 Sell and 16 Hold. Therefore 21% are positive. Deckers Outdoor had 92 analyst reports since July 31, 2015 according to SRatingsIntel. Piper Jaffray maintained Deckers Outdoor Corporation (NYSE:DECK) on Thursday, July 27 with “Hold” rating. The stock of Deckers Outdoor Corporation (NYSE:DECK) earned “Hold” rating by Robert W. Baird on Friday, September 1. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, April 26. The stock of Deckers Outdoor Corporation (NYSE:DECK) has “Neutral” rating given on Friday, August 12 by Susquehanna. The firm has “Market Perform” rating given on Monday, November 2 by Telsey Advisory Group. Stifel Nicolaus maintained Deckers Outdoor Corporation (NYSE:DECK) rating on Friday, May 26. Stifel Nicolaus has “Buy” rating and $7400 target. The company was maintained on Tuesday, October 31 by Morgan Stanley. The stock of Deckers Outdoor Corporation (NYSE:DECK) earned “Negative” rating by Susquehanna on Thursday, October 13. The stock of Deckers Outdoor Corporation (NYSE:DECK) earned “Neutral” rating by Macquarie Research on Friday, February 5. Wedbush maintained Deckers Outdoor Corporation (NYSE:DECK) on Thursday, January 25 with “Hold” rating.

Deckers Outdoor Corporation (NYSE:DECK) Institutional Positions Chart

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By1 Moses P. Lee

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