Hg Vora Capital Management Decreased By $40.00 Million Its Ally Finl (Call) (ALLY) Stake; Inca Investments Has Cut By $28.48 Million Its Ternium (TX) Holding

October 13, 2017 - By Winifred Garcia

Inca Investments Llc decreased Ternium (TX) stake by 79.76% reported in 2017Q2 SEC filing. Inca Investments Llc sold 1.02 million shares as Ternium (TX)’s stock rose 9.85%. The Inca Investments Llc holds 258,100 shares with $7.25 million value, down from 1.28M last quarter. Ternium now has $6.49 billion valuation. The stock increased 3.98% or $1.24 on October 13, reaching $32.39. About 606,219 shares traded or 70.84% up from the average. Ternium SA (ADR) (NYSE:TX) has risen 39.67% since October 13, 2016 and is uptrending. It has outperformed by 22.97% the S&P500.

Hg Vora Capital Management Llc decreased Ally Finl Inc (Call) (ALLY) stake by 57.14% reported in 2017Q2 SEC filing. Hg Vora Capital Management Llc sold 2.00 million shares as Ally Finl Inc (Call) (ALLY)’s stock declined 19.04%. The Hg Vora Capital Management Llc holds 1.50M shares with $31.35M value, down from 3.50 million last quarter. Ally Finl Inc (Call) now has $10.87B valuation. The stock increased 0.81% or $0.19 on October 13, reaching $24.16. About 1.64 million shares traded. Ally Financial Inc (NYSE:ALLY) has risen 12.72% since October 13, 2016 and is uptrending. It has underperformed by 3.98% the S&P500.

Among 17 analysts covering Ally Financial (NYSE:ALLY), 12 have Buy rating, 1 Sell and 4 Hold. Therefore 71% are positive. Ally Financial had 34 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets on Wednesday, August 23 with “Buy”. The stock has “Outperform” rating by Credit Suisse on Wednesday, July 29. Bank of America downgraded the stock to “Neutral” rating in Friday, April 8 report. Wells Fargo downgraded the shares of ALLY in report on Wednesday, April 27 to “Market Perform” rating. The stock has “Overweight” rating by Barclays Capital on Monday, November 2. The firm has “Outperform” rating by BMO Capital Markets given on Wednesday, September 16. The stock of Ally Financial Inc (NYSE:ALLY) has “Buy” rating given on Thursday, July 27 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Thursday, July 27 by Piper Jaffray. The rating was maintained by Compass Point with “Buy” on Wednesday, February 3. The stock of Ally Financial Inc (NYSE:ALLY) has “Underweight” rating given on Monday, July 17 by Stephens.

Analysts await Ally Financial Inc (NYSE:ALLY) to report earnings on October, 25. They expect $0.57 earnings per share, up 1.79% or $0.01 from last year’s $0.56 per share. ALLY’s profit will be $256.45 million for 10.60 P/E if the $0.57 EPS becomes a reality. After $0.58 actual earnings per share reported by Ally Financial Inc for the previous quarter, Wall Street now forecasts -1.72% negative EPS growth.

Analysts await Ternium SA (ADR) (NYSE:TX) to report earnings on November, 2. They expect $0.66 earnings per share, down 43.59% or $0.51 from last year’s $1.17 per share. TX’s profit will be $132.24M for 12.27 P/E if the $0.66 EPS becomes a reality. After $1.27 actual earnings per share reported by Ternium SA (ADR) for the previous quarter, Wall Street now forecasts -48.03% negative EPS growth.

Among 6 analysts covering Ternium (NYSE:TX), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Ternium had 11 analyst reports since August 10, 2015 according to SRatingsIntel. Morgan Stanley upgraded Ternium SA (ADR) (NYSE:TX) rating on Monday, December 7. Morgan Stanley has “Overweight” rating and $20 target. As per Wednesday, November 9, the company rating was downgraded by HSBC. The rating was initiated by HSBC on Friday, May 13 with “Buy”. Morgan Stanley downgraded the shares of TX in report on Monday, May 9 to “Equal-Weight” rating. The stock has “Buy” rating by Citigroup on Wednesday, February 24. Goldman Sachs initiated it with “Buy” rating and $18.50 target in Monday, August 10 report.

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